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Domestic consumption of polypropylene is expected to reach 24 million tons in 2018
According to the forecast of polypropylene production capacity and production capacity, combined with the further rise of domestic polypropylene self-sufficiency, slow decline of total import and other factors, it is predicted that China's apparent consumption will be around 24 million tons in 2018, and China's apparent consumption will be around 32 million tons by 2020.
According to the forecast of polypropylene production capacity and production capacity, combined with the further rise of domestic polypropylene self-sufficiency, slow decline of total import and other factors, it is predicted that China's apparent consumption will be around 24 million tons in 2018, and China's apparent consumption will be around 32 million tons by 2020.
From the perspective of consumption structure, the consumption of polypropylene is not limited to the fields of plastic knitting, plastic injection parts, bidirectional stretch film, etc., while the consumption of special materials such as fiber, pipe, automobile and electrical appliances increases significantly.
From the perspective of product substitutability, the substitution of recycled materials for new materials is greatly reduced, and waste plastics imports are reduced. Under the serious supply gap of imported materials, domestic materials become the mainstream supply, and new materials replace recycled materials, which also provides opportunities for the growth of PP apparent consumption.
From the perspective of consumption area, east China, north China (including shandong) and south China are the largest plastic products producing areas in China, and also the main polypropylene consuming areas in China. In recent years, consumption in these three regions has accounted for more than 80 percent of total consumption. East China, with developed economy and rapid economic growth, is the largest consumption area of polypropylene, followed by south China and north China. Guangdong, shandong, jiangsu and zhejiang provinces are the largest concentration of polypropylene processing enterprises in China. There are many enterprises engaged in plastic processing. The production of plastic products in these regions is not only large, but also high-grade, and the demand for raw materials is diversified and professional. It can be said that the plastic processing industry in these regions represents the current technical level of China's plastic processing industry.
Production capacity of China PP is mainly distributed in east China, south China and northwest, consumption is mainly concentrated in east China, south China and north China, and import PP mainly flows into east China and south China. East China, south China and north China are the main consumption areas of PP, and most of the manufacturers set up distribution points in these three regions, and the trade is very active. There is also a small amount of commodity flow between the three places. East China -- north China usually adopts auto transportation due to the close distance, while south China -- east China generally takes more sea transportation.
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