Group 1: Overview of Global and Chinese Polymer Materials Market - The global polymer materials market is projected to grow from RMB 298,900 billion in 2020 to RMB 456,148 billion by 2024, with a compound annual growth rate (CAGR) of 11.1% from 2020 to 2024 [10] - China's polymer materials market is expected to expand from RMB 110,800 billion in 2020 to RMB 162,800 billion by 2024, reflecting a CAGR of 10.1% [11] Group 2: Definition and Classification of Polymer Materials - Polymer materials are high molecular weight compounds synthesized from one or more monomers through polymerization, characterized by excellent mechanical strength, chemical resistance, and processing capabilities [2] - They are classified based on their physicochemical properties, modification state, and biodegradability [2] Group 3: Industry Chain Analysis - The upstream of the polymer materials industry consists of petrochemical companies that catalyze the cracking of oil, coal, or natural gas [6] - The midstream includes production enterprises of polymer and modified materials, which are categorized into rubber, fibers, plastics, and other polymer materials based on their physical and chemical properties [7] - The downstream comprises end-user companies that utilize polymer materials in various applications, including home appliances, automotive, and renewable energy sectors [7] Group 4: Market Size of Organic Polymer Modified Materials - The global market for organic polymer modified materials is expected to grow from RMB 848.1 billion in 2020 to RMB 1,503.8 billion by 2024, with a CAGR of 15.4% [17] - China's market for these materials is projected to rise from RMB 303.8 billion in 2020 to RMB 544.8 billion by 2024, reflecting a CAGR of 15.7% [17] Group 5: Application Areas of Organic Polymer Modified Materials - In 2024, the home appliance industry is expected to contribute the highest to the application of organic polymer modified materials, accounting for approximately 38.2% [20] - The automotive sector is projected to account for 17.9%, while electronics and office equipment will contribute 7.8% and 6.9%, respectively [20] Group 6: Driving Factors for the Market - The rapid development of new energy vehicles in China is driving the demand for supporting modified materials, with sales expected to grow from 1.3 million units in 2020 to 12.9 million units by 2024, a CAGR of approximately 77.5% [21] - The need for performance improvement in high-performance engineering plastics in China is also a significant driver for the market [21] Group 7: Industry Development Trends - There is a trend of vertical integration in the organic polymer modified materials sector, with leading companies expanding upstream to enhance the stability and controllability of raw material supply [23] - Companies are also pursuing international expansion to meet the needs of global clients by establishing localized R&D centers and production bases [23] Group 8: Price Analysis of Raw Materials - The prices of general resins, key raw materials for organic polymer modified materials, increased significantly from 2020 to 2022, with prices for polystyrene (PS), polypropylene (PP), and acrylonitrile-butadiene-styrene (ABS) rising substantially [24][25] - Prices are expected to stabilize due to the rapid expansion of resin production capacity in China, with minimal impact from geopolitical factors [27]
全球及中国高分子材料市场分析:预计2029年市场规模达到近57万亿
材料汇·2025-12-20 15:15