Transparent polypropylene has excellent performance and good industry development prospects

Transparent polypropylene (TPP) is an important modified plastic with excellent performance. It has a wide range of applications as packaging materials, and the market demand is showing a rapid growth trend. At present, transparent polypropylene is used in many fields such as disposable lunch boxes, medical medicine bottles, candy wrappers, medical syringes, transparent beverage cups, etc., and the industry development prospects are good.

Currently, transparent polypropylene has been used in many fields such as medical devices, toys, and packaging. Because transparent polypropylene has high heat resistance and transparency, it is favored by the market as a material for microwave ovens, baby bottles, etc. Benefiting from the development of end-use industries, my country’s transparent polypropylene output has shown a rapid growth trend. In 2016, the output was approximately 1.33 million tons and will increase to approximately 1.8 million tons in 2020. With the growth of production and demand, the size of my country’s transparent polypropylene market has also continued to rise, growing from 15 billion yuan in 2016 to 21.1 billion yuan in 2020.

There are many companies producing transparent polypropylene around the world, including Dow Chemical, ExxonMobil, South Korea’s SK, South Korea’s Samsung, Japan’s JPP, BASF, Montel, South Korea’s Dalin, Borealis, Amoco, etc., with rich product brands. , can meet the application needs in different fields.

According to the “China Transparent Polypropylene (PP) Industry Segment Demand and Development Opportunities Research Report 2021-2026” released by the Industrial Research Center shows that transparent polypropylene has excellent performance and high cost performance. Compared with traditional transparent PET/PS and other materials, it has a wider range of applications and better application prospects. However, at present, China’s transparent polypropylene production is relatively low. It is expected that driven by market demand, production will continue to rise in the future. By 2025, China’s transparent polypropylene production will be approximately 2.87 million tons.

China is currently accelerating the production and research of transparent polypropylene. However, domestic medical transparent polypropylene materials currently lag behind those of foreign countries. Many special medical materials still need to be imported. The market has broad room for development in the future. In terms of production, my country’s transparent polypropylene companies have actively cooperated with research institutions and combined with the downstream market to develop many brands, and product quality has also been improved, realizing domestic substitution of high-end brand products.

From the perspective of industry development, due to the impact of the COVID-19 epidemic in 2020, the market demand for medical materials has increased, and the medical-grade transparent polypropylene industry has developed rapidly. my country’s transparent polypropylene needs to develop in the direction of medical special materials. In terms of production, metallocene transparent polypropylene has the advantages of high transparency, high heat resistance, and easy processing. It has high added value and will become one of the future development directions of polypropylene and transparent polypropylene companies.

Industry analysts said that transparent polypropylene has excellent performance and a wide range of applications. Benefiting from the development of terminal industries, my country’s transparent polypropylene Production continues to rise. There are many transparent polypropylene manufacturers in the world with a wide range of brands, which can meet the needs of different fields. However, there are few domestic transparent polypropylene brands. In particular, the demand for medical special materials depends on imports, and there is a large room for substitution in the future.