PPR pipe market supply and demand are basically balanced and the industry development trend is improving

PPR pipe, also known as type III polypropylene and random copolymer polypropylene pipe, refers to a tool used to embed walls or embedded pipes in walls. According to different pressure-bearing capabilities, PPR pipes can be divided into grade S2.5, grade S3.2, grade S4 and grade S5 PPR pipes. PPR pipes have the characteristics of stable performance, energy saving and environmental protection, strong plasticity, good corrosion resistance, long service life, high safety, smoothness and anti-seepage. They are widely used in pure water transmission systems, central heating systems, floor heating, and industrial corrosive liquid transportation. , city gas, optical cable sheathing and other scenarios are widely used.

As a basic building material, plastic pipes are environmentally friendly and low-carbon compared with other metal pipes, and are in line with the national green and sustainable development strategy. In recent years, against the backdrop of the accelerating domestic urbanization process and the continuous advancement of dual-carbon goals, the market demand for PPR pipes has continued to increase and its scale has continued to expand. According to the “PPR Pipe Industry Market In-depth Research and Investment Prospects Forecast Analysis Report 2022-2026” released by the Industrial Research Center, 2021 The domestic PPR pipe market size was 29.11 billion yuan in 2018, a year-on-year increase of 37.2%.

At present, domestic companies in the field of PPR pipes mainly include Weixing New Materials, Yonggao Co., Ltd., Xiongsu Technology, Gudi Technology, Zhongjie Pipeline, Aikang New Building Materials, Piersa Pipe Industry, Jinsu Industry, etc. Among them, Weixing New Materials has the largest domestic market share in 2021, at 12%; followed by Yonggao Shares, with a market share of 6%; Xiongsu Technology and Gudi Technology both account for 2%.

At this stage, my country’s PPR pipe industry has low concentration and fierce market competition. Weixing New Materials is currently the leading company in the market. In recent years, under the background of continuous improvement of its technology and brand strength and continuous expansion of production capacity, the concentration of the domestic PPR pipe industry has shown a steady increase. At the same time, as domestic PPR pipe companies continue to expand their production capacity, their output continues to grow. In 2021, domestic PPR pipe production will be 1.487 million tons, a year-on-year increase of 12.9%.

Building drainage is the largest application field of PPR pipes in China, and its industry development is closely related to the development of the real estate industry. According to data from the National Bureau of Statistics, the national real estate development investment in 2021 was 14.8 trillion yuan, an increase of 4.4% over the previous year; the housing construction area of ​​real estate development enterprises in 2021 was 9,753.87 million square meters, an increase of 5.2% over the previous year. After the epidemic stabilized, my country’s real estate market gradually recovered. Against this background, the market demand for PPR pipes has shown continued growth. In 2021, the domestic PPR pipe market demand will be 1.475 million tons, a year-on-year increase of 12.3%. Judging from the current supply and demand situation, the current supply and demand of my country’s PPR pipe market is basically balanced, and the industry development trend is good.

Industry analysts personnel said that in the future, as the domestic PPR pipe application market demand continues to be released, its market size will maintain a sustained growth trend, and the industry The development prospects are broad. However, the concentration of my country’s PPR pipe industry is still relatively low at present, and the market supply of high-end products is still relatively scarce. In the future, leading local companies will need to continue to introduce new materials and improve technology levels, thereby promoting the continuous upgrading of products in the direction of high-end and differentiation, and industry development. The potential is huge.