There is broad demand for PVC additives and the market size will continue to grow

During the processing of PVC, problems such as poor fluidity, easy decomposition, poor weather resistance, and low impact strength are prone to occur. PVC additives, also known as PVC processing aids, are compounds added to improve the processing performance of PVC. Among plastic additives, PVC additives are the main plastic additive category with the largest production and consumption. There are many types of PVC additives, including heat stabilizers, impact modifiers, plasticizers, processing aids, lubricants, light stabilizers, etc. Different additives have different properties.

Polyvinyl chloride resin (PVC) is a common plastic category. With its advantages of low cost and wide range of applications, PVC is widely used in electronics, automobiles, machinery, construction materials, daily chemicals and other fields. In recent years, supply and demand in my country’s PVC market have tended to be balanced, but my country’s consumer market is huge and PVC consumption ranks among the top in the world. PVC additives are indispensable materials in PVC processing, and their market demand has grown accordingly.

According to the “2022-2026 PVC Additive Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, affected by the new coronavirus Affected by the pneumonia epidemic, the global PVC additive market demand has declined, and the industry scale has shrunk. In 2020, the global PVC additive market revenue will be approximately US$850 million. As the global economy recovers and market demand picks up, the global PVC additives market will resume its growth trend and is expected to exceed US$1.30 billion in 2026.

In the international market, PVC additive suppliers mainly include Dow Chemical, Shandong Rike Chemical, Shandong Ruifeng Polymer Materials, Zhejiang Jiaao Environmental Protection Technology, etc. There are many PVC additive suppliers in my country, but most of them are small in scale and the overall profitability of the industry is weak. In recent years, under the background of consumption upgrading and environmental protection tightening, the market’s requirements for the performance and purity of PVC additives have continued to increase. Safety, environmental protection, multi-functionality, and high-end have become important trends in the development of the PVC additive market.

PVC impact modifier is a subdivided product of PVC additives, which is divided into ACR impact modifier, MBS impact modifier and CPE impact modifier. CPE impact modifiers account for a relatively high proportion of the domestic market, but due to increasingly stringent environmental protection regulations, the growth rate of CPE impact modifier production capacity has slowed down year by year. It is expected that in 2022, my country’s new CPE production capacity will be less than 800,000 tons; ACR anti-impact modifiers The production technology of impact modifiers is relatively mature, and consumption is growing; the production technology of MBS impact modifiers is high, but the domestic market supply is insufficient, and market demand still relies on imports.

Industry analysts said that PVC has a wide range of applications, my country’s PVC consumption ranks among the top in the world, and PVC additives are important materials for PVC processing , its market development space is broad. Competition in the PVC additive market is fierce. Against the background of consumption upgrades and stricter environmental protection, the PVC additive industry continues to develop in the direction of multi-function, environmental protection, and high-end. In the future, companies with strong R&D capabilities and large scale will have greater development potential.