The development prospects of the polyvinylpyrrolidone (PVP) industry are good, and the leading pattern is gradually emerging.

Polyvinylpyrrolidone (PVP) is a nonionic polymer compound produced by polymerizing N-vinylpyrrolidone (NVP) under certain conditions. PVP has the advantages of excellent solubility, chemical stability, low toxicity, and film-forming properties. It has a high demand for applications as an auxiliary, additive, and auxiliary material. It is a widely used fine chemical product in medicine, textiles, chemicals, and beverages. , daily chemicals and other fields.

PVP can currently be divided into three types: food grade, pharmaceutical grade and industrial grade. The main product varieties and specifications can be divided into viscosity grades according to molecular weight: K-15, K-30, K-60 and K-90. Usually, the greater the K value, The higher the viscosity, the stronger the adhesiveness. PVP has a wide range of applications, and in recent years it has been found to play an important role in the production of lithium batteries. The use of PVP in the cathode slurry of lithium iron phosphate batteries can improve the performance of lithium iron phosphate batteries, increase the battery capacity during charge and discharge, and reduce the temperature rise of the battery during the discharge process. Driven by the development of the new energy automobile industry in recent years, the production and demand for lithium iron phosphate batteries has increased, which has also promoted the development of the PVP industry.

According to the “Polyvinylpyrrolidone (PVP) Industry Market In-depth Research and Investment Prospects Forecast Analysis Report 2021-2026” released by the Industrial Research CenterIt shows that in terms of production, the current PVP production capacity is mainly concentrated in China, Europe and North America. The world’s major PVP production companies include BASF, Ashland, and New Open Source. New Kaiyuan is the largest PVP manufacturer in my country and the first company to realize PVP industrialization. It has numerous product lines and a wide range of product applications. Xinkaiyuan has a PVP production capacity of 10,000 tons, making it the first PVP manufacturer in my country and the third largest in the world. As the demand for PVP applications in the new energy field continues to rise, New Kaiyuan plans to expand production capacity. It is expected that the company’s PVP production capacity will reach 20,000 tons by 2026.

At present, the application scale of PVP products produced by New Kaiyuan in the new energy battery field accounts for 10% of the company’s total production and sales. This shows that the new energy battery field may become the driving force for the growth of PVP market demand. Benefiting from policy support, the development of the new energy battery industry maintains a growth trend, and the PVP industry has good development prospects. Benefiting from the growth in PVP application demand, the main business revenue of New Open Source in the first three quarters of 2021 was 865 million yuan, a year-on-year increase of 26.11%. my country’s PVP industry is still in the growth stage, production capacity continues to grow, and market competition is becoming increasingly fierce. At present, my country has a PVP production capacity of approximately 33,000 tons. Enterprises with large production scale include Xinyuan Kaiyuan, Jiaozuo Zhongwei Pharmaceutical, Sichuan Tianhua Co., Ltd., etc.

Industry analysts said that PVP has a wide range of applications, but the demand for applications is small. It has future application prospects in the field of new energy batteries. better. Driven by the development of the new energy battery industry, PVP market demand has shown a growth trend, and the industry has developed rapidly. The PVP industry has grown rapidly, and some companies plan to expand production. It is expected that my country’s PVP production capacity will continue to grow. Although the development prospects of the PVP industry are good, due to the low ceiling of this industry, future development risks are high.