Polypropylene fiber is a chemical fiber, which is a synthetic fiber spun from isotactic polypropylene, and its trade name is polypropylene. Polypropylene is environmentally friendly, light, strong, acid and alkali resistant, warm, non-absorbent, etc., and is widely used. Polypropylene fiber is mainly divided into conventional polypropylene fiber and differentiated polypropylene fiber, the main application areas include civil field of bags and tapes, water pipe cover, door and window wool, home decoration, clothing, toys, wigs and medical and health supplies, etc.; in the industrial field of applications are mainly industrial filter cloth, engineering geotextiles, flexible container bags, high-pressure fire hose, industrial ropes and cables, tarpaulin, automotive carpet cloth and lithium battery diaphragm, etc.
In China's several major varieties of chemical fibers, polypropylene is the late development of varieties, the world's higher production areas concentrated in Western Europe, the United States, Japan and other developed countries, domestic enterprises are relatively backward equipment, enterprise scale is small. According to the National Bureau of Statistics and the China Chemical Fiber Industry Association, as of the previous year, the Chinese market production of only 385,000 tons, accounting for about 13% of world production, 2017-2019 compound growth rate of 14.41%, with more room for future growth. In recent years, some enterprises in the industry to further develop the research and development of high-strength, anti-UV, dyeable, fine denier, ultra-fine denier and other polypropylene products, with the promotion of polypropylene in the field of functional fabrics, industrial fabrics, polypropylene industry began to vigorously develop high-strength, ultra-fine denier and other differentiated polypropylene, and continue to improve the performance of polypropylene products, in the process of upgrading polypropylene to differentiation, the high-end market will further focus on the leading enterprises The high-end market will be further concentrated to the leading enterprises.
As China's economy continues to grow steadily, the continuous improvement of environmental protection policies and the implementation of policies on the ground, the demand for polypropylene and other green fibers will continue to increase. Chinese polypropylene enterprises also gradually increase the research and development of differentiated polypropylene, and strive to develop the application areas and scope of polypropylene.
1, Industrial textiles demand is huge
industrial filter cloth, engineering geotextiles and other industrial textiles used in industrial filtration, construction and transportation, environmental protection, medical health, safety and protection and many other fields. Because of the good flexibility of chemical fiber, process standard and operability, so the market space is large. According to the prediction of relevant UN agencies, 68% of global textile fibers will be used for technical textiles in 2050. According to the China Technical Textiles Industry Association, the industrial value-added growth rate of enterprises above the scale of the technical textiles industry in 2019 was 6.9%, higher than the average value of the manufacturing industry, and also at a leading level within the textile industry.
The global demand for nonwovens has continued to be strong in recent years, and the nonwoven output of enterprises above the scale of China's technical textiles industry reached 5.03 million tons in 2019, up 9.9% year-on-year. Along with the continuous development of industrial textiles, the industrial demand space for polypropylene products will continue to rise; with the domestic industrial development and environmental protection requirements, the demand for industrial filter cloth will also gradually grow; in addition, the construction of infrastructure will also drive the growth of the geotechnical textile materials market, polypropylene in the field of engineering geotextiles will also be gradually released, which is conducive to the sustainable development of the company's main business.
2, The civilian demand is steadily rising
The civilian sector has always been the main application direction of domestic chemical fibers. In the consumer field polypropylene filament is mainly used in the field of luggage webbing, clothing, rope and other fields. China's luggage industry after more than two decades of rapid development, has formed a leather, textile fabrics, webbing, zippers and other more complete industry, luggage production has accounted for more than 70% of the world's share, for the luggage with silk provides a larger market.
With the upgrading of consumer spending, travel demand continues to rise, the growth of luggage goods, travel goods will drive the continued development of polypropylene market, people's pursuit of healthy living, will also drive the demand for warmth, sportswear and other high-end textiles, the future, the civilian sector has been the most competitive market for polypropylene products.
1, Green environmental protection to promote the development of polypropylene: in recent years, the country vigorously promote the development of green industry, environmental protection requirements are tightening, with green manufacturing characteristics of polypropylene will usher in a new opportunity for development. As polypropylene usually use masterbatches for pre-spinning coloring, spinning molding can be obtained with a specific color, so the production process without printing and dyeing, avoiding the pollution of the environment by the waste liquid generated by the dyeing link, significantly improve the degree of green textiles, and thus polypropylene has environmentally friendly features. In addition, people pay more and more attention to the ecological environment, polypropylene as a green fiber, will be more likely to obtain the favor of consumers. In the context of green environmental protection, polypropylene industry will enter a new period of development.
2, Polypropylene applications continue to broaden, penetration: with the increase in disposable income of residents, the standard of living requirements, the growing importance of environmental protection, polypropylene application market continues to broaden, has developed a high strength, flame retardant, anti-static, anti-fouling, anti-UV, anti-aging, far-infrared, conductive and other differentiated polypropylene, as well as fine denier, ultra-fine denier, shaped cross-section polypropylene, etc.. In addition, polypropylene composite fibers, such as island-type polypropylene composite fibers and skin-core structure-type polypropylene composite fibers, is also a direction of polypropylene technology development and application. Polypropylene composite fiber technology promotes the application of polypropylene in lithium-ion battery separators and new luggage fabrics, advanced tents, assault boats, floating rafts, etc. In recent years, with the rise of nanotechnology, microencapsulation technology, electronic information technology and other cutting-edge technologies, smart fibers have been able to develop rapidly. The development of intelligent polypropylene fiber can not only give the traditional fiber new functions, but also open up the fiber in solar cells, aerospace, biomedical and other high-tech applications.
3, Polypropylene existing application market continues to grow: polypropylene is widely used in industrial fields and civilian areas. In China's sustained economic development, increased disposable income of residents, urbanization and other favorable background, polypropylene application market continues to grow. In terms of industrial applications, industrial fabrics with high strength and low shrinkage are widely used in highways, railroads, airports, dams, reservoirs, aqueducts, harbors, bridges and other projects. The promotion of the "Belt and Road" initiative, national large-scale infrastructure investment and the development of the construction industry will promote the continuous growth of the geotextiles market. In the private sector, the industry of general consumer goods such as bags, garments, water pipe covers, door and window wool is large in scale and still in a steady growth trend. In the era of consumer upgrading, sports and fitness, leisure and tourism industries have priority to benefit. Increased demand for travel will drive the rapid growth of the bag market, the pursuit of sports health also promotes the continued development of sportswear, these will expand the industrial scale of polypropylene fiber.
4, Market concentration will improve, industry consolidation into an inevitable trend: the current domestic polypropylene manufacturing to small and medium-sized enterprises, industry concentration to be further improved. In response to the above situation, the government introduced a series of supply-side reform policies to optimize the stock, increase the merger and reorganization efforts to promote industrial agglomeration. In the above context, smaller polypropylene enterprises will face the situation of being eliminated, the scale of polypropylene production enterprises will gain further opportunities to grow, the market concentration will further improve.