Polyester bottle flakes have a wide range of applications and production is gradually increasing

Polyester bottle flakes, also known as bottle-grade polyester chips, bottle-grade PET, etc., mainly refer to materials made by polymerizing polyester raw materials in the solid state and increasing the viscosity. At this stage, the production process of polyester bottle flakes in my country is gradually mature, mainly the direct esterification method. The production process mainly involves the continuous esterification reaction and continuous polycondensation reaction of raw materials such as PTA, MEG, IPA, toners, and heat stabilizers. Basic slices are generated and then heated to thicken them to produce highly crystalline polyester bottle slices.

Compared with other polyester materials, polyester bottle flakes have the advantages of good transparency, light weight, good barrier properties, and dimensional stability. They are mostly used to produce beverage bottles, hot-fill beverage bottles, drinking water bottles, beer bottles, and edible oil bottles. Products such as these are widely used in condiment packaging, food packaging and other fields.

As a product with rich taste, beverages are loved by consumers, and the market penetration rate is gradually increasing. Coupled with the rapid development of my country’s food industry, beverage product updates and iterations are accelerating, product types are increasing day by day, which can meet the different consumption needs of consumers, and market demand is gradually growing. And after years of development, beverage sales channels have become relatively complete, making it very convenient for consumers to purchase. Against this background, the scale of my country’s beverage market has shown a trend of increasing year by year. From 2015 to 2022, the size of my country’s beverage market will grow from 767.35 billion yuan to 1.24792 billion yuan, with a compound growth rate of 7.19%. my country’s beverage market is gradually expanding, and the market demand for beverage bottles as a packaging container continues to grow. As an important raw material for the production of beverage bottles, the market demand for polyester bottle flakes has gradually increased.

According to the “In-depth Market Research and Investment Strategy Suggestions Report on the Polyester Bottle Chip Industry 2023-2027” released by the Industrial Research Center, With the gradual advancement of production technology, the comprehensive performance of polyester bottle flakes has gradually improved. It has replaced metal, glass and other materials as the main material for food and beverage packaging, and market demand has grown steadily. Against this background, my country’s polyester bottle flake companies continue to expand production scale, improve production efficiency, and output gradually increases. In 2022, my country’s polyester bottle flake production will reach 11.531 million tons, a year-on-year increase of 10.98%.

Industry analysts said that the largest polyester bottle flake companies in my country mainly include China Resources Chemical and Sanfangxiang Polymer Co., Ltd. , Wankai New Materials, Honggang Petrochemical, Baolv Special Protection, Rongsheng Petrochemical, Yisheng Petrochemical, etc. Among them, Yisheng Petrochemical, China Resources Chemical Materials, and Wankai New Materials have a relatively large market share and have become the leading companies in the industry. At present, my country’s polyester bottle flakes industry is highly concentrated, and the leading effect of enterprises is very obvious. With the rapid development of my country’s polyester bottle flakes industry and the gradual upgrading of industry production capacity, some polyester bottle flakes companies with backward production technologies and small production scales are gradually being eliminated. Market concentration is expected to further increase in the future.