The demand for polypropylene is changing with each passing day, and the production capacity is increasing. At this time, the production capacity of polypropylene has made the industry stand out, and the new capacity expansion has changed drastically. The various sources of the market have swarmed, and the favorable business has benefited the downstream factories. , so that the market can no longer be quiet!
First, the era of capacity surge
According to the statistical analysis of Jinlianchuang, the surge in PP pellet production capacity is mainly concentrated in 2014 and 2016, with a new capacity expansion of 3.25 million tons in 2014, accounting for 37.7% of the total new capacity expansion in 2014-2018, 2016. The newly expanded capacity will be 2.7 million tons, accounting for 31.32% of the new capacity expansion in 2014-2018. During the period of capacity surge, the polypropylene expansion will gradually slow down, but due to the impact of cost profit, the PDH capacity will be further expanded in the later period. .
Second, comparative analysis of production capacity
According to the statistics of Jinlianchuang, in the comparison of production capacity in 2015 and 2018, the production capacity in the northwest region increased the most, followed by South China and East China. Due to the rich coal resources in the northwest region, affected by the national environmental protection policy, the influence of coal deep processing policy, new Augmentation can be concentrated in the local area is most suitable.
Third, the new expansion statistics in the later period
According to the statistical analysis of Jinlian's innovation and expansion, the relatively clear expansion in the second half of 2018 and 2019 is still 3.5 million tons. The later expansion will focus on low-cost raw materials, mature technology and stable operation. The market is affected by expansion, and the market competition mode is constantly increasing. The competition of production enterprises is not only cost competition, sales model competition, and profit competition; traders' competition is gradually escalating, and downstream factories are faced with various low-priced raw materials, which can be gradually expanded. At the same time, increase the market cost of competition.
Fourth, the surge in polypropylene production capacity and the analysis of domestic competition changes
The surge in polypropylene production capacity has spurred various domestic competition patterns. Production companies are faced with various low-cost production resources, and they are seeking to maximize the profit. The high-end special materials will become a new route for the development of petrochemical and medium oil. Coal chemical and propane dehydrogenation After the enterprises seized the opportunity in the general materials market, the development focus gradually turned to the special materials market. The middlemen faced diversification of raw materials, and the competitive pressure of sales models was gradually upgraded. The online and offline sales were interlocked, opening the sales link for the market. For the downstream factories, the raw materials are enriched, and the procurement of raw materials is more diversified. The competition of raw material prices optimizes the market resources and is the only way to develop a new pattern in the polypropylene market.