The apparent consumption of PP is increasing every year
Referring to the prediction of production capacity and output of polypropylene, combined with the further rise of domestic polypropylene self-sufficiency and the slow decline of import total, the forecast of China's apparent consumption in 2018 is near 24 million tons, and China's apparent consumption is expected to reach 32 million tonnes by 2020.
From the consumption structure, the consumption of polypropylene is not limited to plastic, injection molded parts, biaxial stretching film and other fields, at the same time in the fiber, pipe, automobiles and electrical appliances and other special materials consumption, growth is obvious.
From the perspective of product substitution, the replacement of raw materials to the new material is greatly reduced, the amount of waste plastic imports reduced, in the import material supply gap, the domestic material to become the mainstream source, new materials to replace recycled materials, but also for the growth of PP apparent consumption to provide opportunities.
Proportion of downstream consumption areas From the consumption area, east China, north China (including Shandong), South China is China's largest producer of plastic products, but also China's main consumption of polypropylene. In recent years, the total consumption ratio in these three regions has exceeded 80%. The East China region, with well-developed economy and rapid economic growth, is the largest consumption area of polypropylene, followed by South China and north China. Guangdong, Shandong, Jiangsu and Zhejiang Provinces are the most concentrated of China's polypropylene processing enterprises in several areas. Engaged in plastic processing enterprises are numerous.
These areas of plastic products not only large production, and high-grade, the demand for raw materials is also diversified and specialization, it can be said that the plastic processing industry in these areas represents the current level of China's plastic processing industry. China's PP production capacity is mainly located in east China, south and northwest, consumption is mainly concentrated in east China, South China and North China, the import of PP mainly into East and South China. East China, South China, north China as the main consumption of PP, most manufacturers in these three regions set up distribution points, trade is very active.
There are also a small amount of commodity flow between the three, east China-North China due to the distance between the near, usually using the steam mode, South China-east China generally take more sea. 2018 PP Apparent consumption is expected to gain 5.5%