Polyurethane Industry Development Market and Technology

Not long ago, at the China Polyurethanes (PU) market and technology forum hosted by Shanghai Polyurethanes Network in Shanghai, polyurethane upstream and downstream companies jointly discussed the market and technical issues in the development of China's polyurethane industry, and released 2003 polyurethane and its raw material suppliers. Market share rankings. TPU, spandex, and water-based PU are generally considered to be the most promising products in the polyurethane industry.

Last year, China's polyurethane market ushered in a lot of changes: Raw materials TDI, MDI anti-dumping caused disputes upstream and downstream, spandex industry set off a wave of expansion, TPU market has continued to rise. These made 2003 China's polyurethane market a very lively and exciting year. Delegates considered that the current major areas of development in the polyurethane industry focus on foam materials and leather resins, adhesives, and coatings. Although the growth rate is still increasing at a rate of 10%-20% per year, the development speed has slowed down. TPU, spandex, and water-based PU products Will become the focus of future development.

It is reported that China's mainland has become the global production center for synthetic PU resin. According to relevant statistics, in 2003, the output of PU pulp in China was about 410,000 tons, and only Wenzhou accounted for half of them. The number of domestic suppliers is close to 50, among which Defa Group, Zhejiang Huafeng, and Qingdao Yutian’s products accounted for the top three market share in 2003.

In 2003, domestic spandex projects sprang up like mushrooms. At present, more than 20 spandex enterprises have been put into operation in mainland China. By the end of 2003, the total production capacity has exceeded 110,000 tons per year. Yantai Spandex, Du Chung Spandex, and Invista (Qingpu) became the top three companies in sales in 2003.

In terms of raw materials, it is affected by anti-dumping. However, foreign companies such as Japan Mitsui, Korea Refine, and BASF are still the leading products in the Chinese market; Yantai Wanhua, Japan Polyurethane, BASF are the largest pure MDI suppliers; Shanxi Three-dimensional became the largest seller of 1,4-butanediol; Liaoyang Petrochemical's adipic acid achieved sales first.

More than 250 representatives from internationally renowned companies such as Bayer, Huntsman, INVISTA, Taiwan’s Sanhuang and Kunzhong, China’s Huafeng Group and Lianjing Group attended the meeting. At the same time there are many representatives of investment companies. The parties also communicated on technical and market cooperation projects and reached a number of cooperation intentions.