TPU film from the TPU particles processing, with thermoplastic elastomer high strength, high toughness, wear, oil, cold, anti-aging, environmentally friendly non-toxic, biodegradable and other excellent features; and waterproof moisture, wind, cold, antibacterial , Anti-ultraviolet and other excellent performance, can be used in many industrial and civilian areas.
TPU downstream consumption structure
1, The development of TPU film analysis of the status quo
According to statistics, 2015 domestic TPU film production is about 30,000 tons, is expected to maintain the future growth rate of 10% or more, 2018 market size is expected to reach 2.87 billion yuan, while TPU hot melt film market is expected to reach 1.45 billion yuan.
TPU film downstream application ratio
Source: public information, intellectual research consulting finishing
TPU film market will grow rapidly
Source: Public information
China's development of TPU industry has the advantages of raw materials and market advantages China is the largest consumer of TPU, demand accounted for more than half of the world. Since the 21st century, China's TPU as a result of the shoe, rubber roller, roller, pipe, adhesive, synthetic leather, melt spandex, film and other fields have a huge application market, consumption continues to grow. The current market capacity of 40-60 million tons, accounting for more than half of the global total consumption, is the world's largest consumer of large TPU.
Global TPU market demand
Source: Public information
China TPU consumption
Source: Public information
2, The trend of TPU industry development
TPU global production capacity of about 1.959 million tons, a higher market concentration. Kraton Polymers, Dow, Lyondellbasell and BASF5 companies accounted for 40% of the global TPU market share. China TPU production capacity of more than 400,000 tons, production capacity to have the raw materials supporting enterprises concentrated. China's 2013 capacity of about 381,000 tons, according to the expansion of the situation, is expected to TPU production capacity of 40 to 500,000 tons. In recent years, some manufacturers of upstream polyurethane raw materials began to extend the industrial chain to the downstream production of TPU, these enterprises have the advantages of raw materials, can be a good balance between the risk of raw material prices fluctuations in the market competition gradually take the initiative, Such as Wanhua, Huafeng and so on. From the global giants development experience, upstream and downstream integration is the future development trend of TPU industry.
Adipic acid AA production capacity
Source: Public information
BDO production capacity
Source: Public information
Pure MDI production capacity
Source: Public information
TPU main raw material prices
Source: Public information
