my country’s polyformaldehyde production is gradually increasing, and local companies are gradually rising

Polyoxymethylene (POM), also known as polyacetal, polyoxymethylene, acetal resin, etc., is a linear polymer compound with a macromolecular main chain of (CH2O)n. It has a relatively regular structure and almost no side chains. Polyformaldehyde has high stiffness and hardness, excellent comprehensive properties, and can replace aluminum, zinc, copper and other metal materials. As the polyformaldehyde preparation process gradually matures, the product types become increasingly rich, which can be roughly divided into homopolymer, copolymer, etc. Among them, homopolymer formaldehyde has a higher melting point and crystallinity, but poor thermal stability; copolymer formaldehyde has lower strength and crystallinity, but has better thermal stability and is not easy to decompose.

At present, my country’s polyformaldehyde industry chain is very mature. The upstream of the industrial chain is mainly the raw material industry, providing methanol, formaldehyde and other raw materials; the midstream is mainly the polyformaldehyde production industry, responsible for the production and manufacturing of different types of polyformaldehyde; the downstream is mainly oriented to application fields, mostly used in electronic appliances, automobiles, and daily necessities Consumer goods, machinery manufacturing and other fields. Among them, electronics and electrical appliances have become the largest market segment for polyformaldehyde, accounting for 27.1% of the overall market; followed by the automotive field, accounting for 21.9%; ranking third is daily consumer goods, accounting for 21.9% of the market. 20.3%.

According to the “China Polyoxymethylene (POM) Industry Market In-depth Research and Development Prospects Forecast Report 2023-2028” released by the Industrial Research Center It shows that at this stage, my country’s economic level is gradually improving, and fields such as automobiles, electronic appliances, and machinery manufacturing are developing rapidly. According to data released by the China Association of Automobile Manufacturers, my country’s automobile production and sales in 2022 will be 27.021 million and 26.864 million vehicles respectively, a year-on-year increase of 3.4% and 2.1%. As my country’s automobile production and sales gradually increase, the market demand for polyformaldehyde, as an important raw material for automobile production, continues to increase. Coupled with the gradual increase in the popularity of electronic products in my country, the demand for polyoxymethylene has further increased. In order to meet market demand, the operating rate of my country’s polyformaldehyde enterprises has gradually increased, and the output has gradually increased. In 2022, my country’s polyformaldehyde production will be 436,900 tons, a year-on-year increase of 14.8%.

my country’s polyformaldehyde market is highly concentrated, with leading companies gradually emerging. The main foreign polyformaldehyde companies include DuPont, Polyplastics, Asahi Kasei, KEP, Celanese, Mitsubishi Plastics, Kolon Plastics, BASF, etc. The major domestic polyformaldehyde companies include Yuntianhua Co., Ltd., Kailuan Co., Ltd., and Dazhong Chemical Co., Ltd. , Liuhe Environmental Protection, Shenhua Ning Coal, Dongrun Chemical, Huaxing Star, Lunan Chemical, etc. Among them, Yuntianhua Co., Ltd. and Shenhua Ningmei Coal have a relatively large market share and have gradually become the leading companies in the industry.

Industry analysts said that foreign polyformaldehyde companies entered the Chinese market earlier, with more advanced production technology and relatively complete production management levels. Focus on the high-end market. Domestic polyformaldehyde companies started late and their production technology is relatively backward. They are mainly concentrated in the middle and low-end markets. As my country’s polyformaldehyde companies gradually rise and continue to increase investment in research and development, the gap between production technology and international advanced technology gradually narrows, product quality gradually upgrades, and gradually extends to the high-end market.