my country’s polyphenylene sulfide (PPS) types are becoming increasingly abundant and the market size is gradually growing

Polyphenylene sulfide (PPS) is a subdivision of polyarylene sulfide, which mainly refers to a high-performance thermoplastic resin with phenylthio groups in the molecular chain. Polyphenylene sulfide has a relatively regular structure, high crystallinity, certain heat resistance and flexibility, and excellent overall properties. Therefore, it is also called polyoxymethylene (POM), polyphenylene ether (PPO), polycarbonate It is the sixth largest engineering plastic after ester (PC), polyester (PET), and nylon (PA).

With the gradual advancement of production technology, the types of polyphenylene sulfide are increasingly abundant, which can be roughly divided into polyphenylene sulfide resins, polyphenylene sulfide pellets, etc. Among them, polyphenylene sulfide resin can be subdivided into fiber grade, injection molding grade, coating grade, film grade, extrusion grade, etc., and polyphenylene sulfide granules can be subdivided into toughening reinforced type, glass fiber reinforced type, Wear-resistant lubrication, toughening and reinforcement, filling, etc.

From the downstream of the industrial chain, polyphenylene sulfide is mostly used to make structural polymer materials, special engineering plastics, coatings, films, auto parts and other products. It has gained popularity in the fields of automobiles, environmental protection, chemicals, aerospace, consumer electronics and other fields. widely used. At this stage, automobiles have become the main application field of polyphenylene sulfide. With the gradual advancement of production technology, automobile production costs have gradually declined, and their prices have gradually been accepted by mass consumers. They have gradually become one of the means of transportation for consumers in their daily travels, and the market penetration rate has gradually increased. According to data released by the China Association of Automobile Manufacturers, my country’s automobile production and sales in 2022 will be 27.021 million and 26.864 million vehicles respectively, a year-on-year increase of 3.4% and 2.1%. As an important raw material for automobile production, polyphenylene sulfide’s market has gradually fluctuated.

According to the “China PPS Polyphenylene Sulfide Industry Development Prospects and Investment Risk Avoidance Suggestions Report 2023-2027” released by the Industrial Research Center It shows that polyphenylene sulfide, as an engineering plastic, has the advantages of non-flammability and good thermal stability. It can replace some metals, thermosetting resins and other materials. As the application fields of polyphenylene sulfide gradually expand, the market demand is gradually growing. . Against this background, the size of my country’s polyphenylene sulfide market has shown a steady upward trend. In 2022, my country’s polyphenylene sulfide market size will be 3.512 billion yuan, a year-on-year increase of 18.3%.

Industry analysts said that at present, there are a large number of polyphenylene sulfide companies in my country and the market competition is fierce. The main foreign polyphenylene sulfide companies include DIC, Solvay, Wuyu Chemical, Toray Group, etc. The main domestic polyphenylene sulfide companies include Xinhecheng, Jiuyuan Chemical, Shengjun Plastic, Hongjing Chemical, and Zhongtai Chemical , Changxian New Materials, Shandong Minghua, Panxun Technology, Jushi New Materials, etc. Because foreign polyphenylene sulfide companies started earlier, have more advanced production technology and higher product quality, they are mainly concentrated in the high-end market. Domestic polyphenylene sulfide companies started late, their production technology is relatively backward, and they are mainly concentrated in the middle and low-end markets. However, with the gradual rise of polyphenylene sulfide companies in my country, they continue to increase investment in product research and development, production technology gradually improves, market competitiveness gradually increases, and the future will gradually extend to the high-end market.