PLA、PBAT市场走向如何？多家生物降解行业龙头上市公司最新判断

Core Viewpoint - The biodegradable materials industry is facing challenges, particularly with PBAT production currently halted, but companies remain optimistic about future growth and are adjusting strategies to enhance production efficiency and market presence [2][4][5]. Group 1: PBAT Production Status - PBAT is currently in a state of suspension due to multiple factors including market conditions and environmental regulations, with modified materials and products operating at low capacity [2]. - The company acknowledges the contradiction in stating PBAT is halted while also aiming to expand the project, emphasizing a strategic approach to align production with market demand [3]. - Despite the current challenges, the company is committed to developing the biodegradable plastic industry and aims to integrate the supply chain to reduce costs and enhance competitiveness [4]. Group 2: Future Prospects and Projects - The company is in the trial production phase for PBAT and has completed mechanical construction for its electronic materials project, which is now in the testing and production preparation stage [5]. - Ongoing projects include a new starch sugar production facility with an annual capacity of 550,000 tons and a new lactide project with a capacity of 30,000 tons [6]. - The company has developed three types of biodegradable polyester materials and is focusing on applications in the electronic and medical fields, while also enhancing its production capabilities for TPU and other materials [7]. Group 3: PLA Market Insights - The company has a capacity of 30,000 tons for PLA resin synthesis and modification, with some PLA materials being used in 3D printing applications [8]. - The PLA market is currently experiencing oversupply, leading to intense competition and potential price declines, although prices are nearing cost levels, limiting future fluctuations [9]. - The global consumption of PLA is projected to be around 260,000 tons in 2024, with domestic consumption at approximately 120,000 tons, indicating significant growth potential in various applications despite short-term challenges [9].