The Market Demand of Modified High-density Polyethylene (hdpe) is Strong, and the Scale of the Industry Continues to Expand
High density polyethylene (HDPE) is a kind of polyethylene. With the development of polyethylene modification and differentiation, the market of modified high-density polyethylene also ushers in a good opportunity for development.
Modified high density polyethylene (HDPE) is modified on the basis of high density polyethylene through filling, blending, reinforcement and other production processes to improve the wear resistance, flame retardancy, viscosity and other properties of products. The modified high-density polyethylene has excellent performance and is mainly used in insulation materials, pipeline materials, wires and cables, rail transit, household appliances and other fields. In recent years, with the improvement of modified technology and upgrading of demand, the market scale of modified high-density polyethylene has grown steadily.
China is a large country of polyethylene production, but due to backward technology, the polyethylene market is seriously homogenized. With the upgrading of consumption, more and more enterprises begin to seek differentiated development through modification. High density polyethylene (HDPE) is a kind of polyethylene. With the development of polyethylene modification and differentiation, the market of modified high-density polyethylene also ushers in a good opportunity for development.
According to the Research Report on Market Situation Monitoring and Future Development Prospects of China's Modified High Density Polyethylene (HDPE) Industry from 2022 to 2026 released by the Xinsijie Industry Research Center, after years of development and accumulation, the HDPE modification technology has become more mature, the scale of China's modified high density polyethylene market has been rising, and the compound annual growth rate from 2016 to 2021 has exceeded 7.4%, The production scale of modified high-density polyethylene industry has reached more than 700000 tons. The market demand of modified high-density polyethylene is strong, and the market development space is broad in the future. It is estimated that the production scale of modified high-density polyethylene industry in China will reach more than 850000 tons in 2026.
The modification process of high-density polyethylene can be divided into cross-linking modification, toughening modification, blending modification, alloy modification and others. The properties of modified high-density polyethylene prepared by different modification processes are different. Among them, cross-linking modification is the main modification process of high-density polyethylene, accounting for about 60% of the modified high-density polyethylene market. High density polyethylene (HDPE) is a polymer with low melting point and low viscosity. Cross linking modification is a process that uses chemical or physical methods to change the molecular structure of HDPE from linear molecular structure to three-dimensional network structure.
There are a large number of modified high-density polyethylene production enterprises in China, and the market competition is becoming increasingly fierce. In the domestic market, the modified high-density polyethylene production enterprises are mainly small and medium-sized enterprises, with low technical level and uneven product quality. The market structure of modified high-density polyethylene in the future still needs to be further optimized. At present, the domestic large-scale modified high-density polyethylene production enterprises include Wanma Polymer Materials, Darun Plastics, Kingfa Technology, Xinda Plastics, etc.
Analysts from New Horizon said that modified high-density polyethylene is widely used in wire and cable, pipe materials, household appliances and other fields. In recent years, with the progress of modified technology and the differentiated development of polyethylene market, the market scale of modified high-density polyethylene has been rising. There are many producers of modified high-density polyethylene in China, but mainly small and medium-sized enterprises. Under the fierce market competition, the market of modified high-density polyethylene will continue to converge to the leading enterprises.