Polybutene has excellent comprehensive properties. my country’s market demand still relies on imports.

Polybutene-1, also known as polybutene-1 (PB-1), is a linear polymer of high molecular weight produced from butene-1 as raw material under the action of a catalyst. Polybutene appears as a translucent, colorless, odorless solid with a regular molecular structure. Poly-1-butene is known as “plastic gold” because of its excellent chemical resistance, aging resistance, mechanical properties and electrical insulation. It is used in many fields such as plastics, rubber, electrical materials, petroleum, chemicals, adhesives, etc. widely.

According to the “2022 Global and Chinese Poly-1-butene Industry In-depth Research Report” released by the Industrial Research Center, in 2021, The global poly-1-butene market size is around US$320 million, and the market size is expected to grow to US$400 million in 2026. Poly-1-butene consumption areas are mainly concentrated in developed countries such as Europe, the United States, Japan and South Korea. In recent years, with the rise of emerging economies, the demand for poly-1-butene in India, China and Southeast Asian countries has continued to grow. It is expected that from 2021 to 2026, The global poly-1-butene market demand will increase from 160,000 tons to 230,000 tons.

According to different product types, poly-1-butene can be divided into two categories: random copolymers and homopolymers, of which homopolymer poly-1-butene is the mainstream product in the market. Poly-1-butene is one of the most cutting-edge chemical materials in the world. Foreign companies such as LyondellBasell Industries of the Netherlands, Mitsui Corporation of Japan, and Aecon Co., Ltd. of South Korea have researched poly-1-butene earlier, and the above companies have mastered the production of it. Technology and owns multiple sets of industrial equipment, among which LyondellBasell Industries in the Netherlands is currently the world’s largest poly-1-butene producer.

Compared with developed countries, my country’s poly-1-butene industry started late. Due to the difficulty of its polymerization technology and high production costs, the development of my country’s poly-1-butene industry is subject to certain restrictions. In 2020, my country’s poly-1-butene market consumption will be around 18,000 tons. Due to technical limitations, the production capacity and performance of domestic poly-1-butene still lags behind that of leading international companies. Therefore, my country’s current demand for high-end poly-1-butene still relies on Import demand mainly comes from Japan and South Korea.

Domestically, poly-1-butene production companies include Dongfang Dongfang Hongye Chemical, Shandong Tengzhou Ruida, Jingbo Petrochemical, etc. The downstream applications of poly-1-butene are mainly concentrated in pipes, films, hot melt adhesives, material modification and other fields, of which the consumption in the pipe sector accounts for as much as 90%. From the perspective of consumption regional distribution, Northeast, Northwest and North China are the main consumption regions of poly-1-butene materials in my country.

Industry analysts said that poly-1-butene has excellent comprehensive properties and a wide range of downstream applications. With the development of downstream industries, poly-1-butene -Butene market demand will continue to rise. Poly-1-butene is one of the most cutting-edge chemical materials in the world. my country’s poly-1-butene industry started late. Due to limitations of polymerization technology, my country’s high-end poly-1-butene production capacity is low, and market demand still relies on imports. In the future, The industry has broad room for development.