Composite resin has a wide range of applications and good industry development prospects

Composite resin refers to a compound made by adding a variety of inorganic materials to a resin matrix. It is generally divided into two types: thermoplastic and thermosetting. The most common thermoplastic resins include PE-polyethylene, PVC-polyvinyl chloride, PS-polystyrene, PA-polyamide, etc. The most common thermosetting resins include phenolic resin, epoxy resin, polyurethane, polyimide, etc.

According to the “China Composite Resin Industry Market In-depth Research and Development Prospects Forecast Report 2023-2028” released by the Industrial Research Center, PVC (Polyvinyl chloride), as a representative product of composite resin, has become a substitute for many other raw materials with its excellent performance and extremely high cost performance. Against this background, the number of domestic PVC manufacturers continues to increase, and their production capacity continues to expand. According to data released by the China Chlor-Alkali Industry Association, there will be 71 domestic PVC manufacturers in 2022, with a total production capacity of 28.1 million tons/year, an increase of 970,000 tons/year from 2021.

Composite resin is widely used in various scenarios and fields. Take the field of public transportation and dental restoration as an example. In terms of public transportation, composite resin can not only be used to manufacture seats and luggage for public vehicles due to its advantages such as strong plasticity, light weight, long service life, short production time, and corrosion resistance. Frames, window frames, partitions, floors, etc., and can also be used to make shock absorbers, tunnel reinforcement panels, debris protection panels and other products; in dental repair, with the continuous improvement of resin materials, the strength and wear resistance continue to increase , in addition to the fact that composite resin has a high degree of color matching with teeth and can bond with dental tissue to restore the normal chewing function of teeth, resin materials have become one of the most commonly used materials for tooth fillings.

As the national requirements for dental restoration technology continue to increase, the industry continues to develop, and production technology continues to improve, composite resin as a dental restoration material has derived many subcategories. Composite resin for tooth restoration can be divided into ultra-micro, small particle, hybrid, traditional or large particle types according to different filler particle sizes; according to different curing methods, it can be divided into chemically cured composite resin, light-cured composite resin and photo-chemical curing type composite resin; according to different dosage forms, it can be divided into single-paste composite resin, double-paste composite resin and powder-liquid composite resin.

With the continuous development of the public transportation industry and the increasing emphasis on dental health by the people, the demand for composite resin in my country continues to increase, and the market size continues to expand. In 2022, China’s composite resin market size will exceed 28 billion yuan, and the global composite resin market size will exceed 90 billion yuan. The industry development prospects are good.

Industry analysts said that composite resin materials currently have a wide range of application scenarios, good overall performance, many subdivided categories, and relatively high market demand. It is large and has good development prospects. However, composite resin raw materials are closely related to energy sources such as petroleum. Since 2022, petroleum prices have fluctuated greatly, which has had a certain impact on the development of the industry.