Foreign companies dominate the domestic polypropylene resin R&D service market, and Chinese companies accelerate development

Polypropylene resin R&D services are mainly aimed at developing polypropylene resin products and production processes. After forming certain technical achievements, especially technical patents, they are authorized to polypropylene resin manufacturers. By providing technology to polypropylene resin manufacturers Support and patent licensing for profitable enterprises and scientific research institutions.

In the early days, leading foreign polypropylene resin manufacturers invested a lot of resources in research and development based on the need to develop new products and new technologies, thus accumulating rich technical experience and related patents. With the global industrial transfer and the transformation of European and American chemical companies, some companies that have mastered the advanced production technology of polypropylene resin are more inclined to license or transfer their technology and patents to other production companies, thereby obtaining huge profits, which has promoted the global polypropylene resin market. The development of resin R&D services market.

At present, LyondellBasell, as the world’s largest polypropylene resin R&D service provider, occupies a leading position in the global polypropylene resin R&D service market. Ineos, Lummus and Grace have mastered leading polypropylene resin technology and related patents through self-research and acquisition. Sinopec’s Beijing Research Institute of Chemical Industry relies on Sinopec’s huge polypropylene resin production scale and huge R&D investment to independently master the core production technology of polypropylene resin and provide related technology authorization and services. According to the released “2023-2027 China Polypropylene Resin R&D Services Market Monitoring and Future Development Prospects Research Report“, 2022 In 2018, the global polypropylene resin R&D service market reached 3.879 billion yuan. Among them, LyondellBasell, Ineos, Lummus, China Petroleum & Chemical Corporation Beijing Research Institute of Chemical Industry, and Grace occupied more than 100% of the global polypropylene resin R&D service market. 70% share, high market concentration.

Although the production scale of polypropylene resin is large, as a bulk chemical raw material with relatively mature technology, domestic enthusiasm for related technology research and development is not high, and there are few companies providing technical services. However, leading foreign companies represented by LyondellBasell Long-term and large investment in technology research and development has established a complete technology patent system, giving it a strong technical advantage in polypropylene resin research and development services and becoming the main supplier of domestic polypropylene resin research and development services. In addition, LyondellBasell, Ineos, China Petroleum & Chemical Corporation Beijing Research Institute of Chemical Industry, Lummus, and China National Petroleum & Gas Company Petrochemical Research Institute have strong influence in the domestic polypropylene resin R&D service market.

In recent years, China has continued to invest in polypropylene research and development, and has used its large domestic production line scale to develop and trial new technologies. It has accumulated technical experience through continuous feedback between application and R&D, summarized technical results, and formed technology patents, making China The company’s strength in polypropylene resin research and development services has rapidly increased. Analysts believe that in the future, the strength of China’s polypropylene resin R&D service industry will grow rapidly, and as foreign companies’ technology patents expire and With the accumulation of domestic technology patents, the market share of enterprises such as China Petroleum & Chemical Corporation Beijing Research Institute of Chemical Industry may gradually increase.