There are many types of polypropylene products, among which drawing and copolymerization are the two representative varieties of this product, which can be used as representative varieties of polypropylene general materials and special materials. With the development of the industry, the price difference between the two types of products has shown a clear narrowing trend in recent years, and the average price difference in the past five years has narrowed from more than 1,000 yuan per ton in 2016 to only about 100 yuan per ton in 2021. From this point of view, with the narrowing of the price difference between drawing and copolymerization, the price advantage of PP copolymerization gradually decreases, so what is the development prospect of COPOLY PP in the future?
First of all, we can pay attention to the development of the new energy automobile industry. At present, the development of new energy vehicles is eye-catching, in 2020, the sales of new energy vehicles are picking up significantly, and in the case of declining sales in the passenger car market, it still achieved a relatively large growth. From January to November 2021, the production and sales of new energy vehicles reached 3.023 million units and 2.99 million units, respectively, an increase of 1.7 times year-on-year, and the market penetration rate reached 12.7%, higher than in the previous 10 months. According to the association, the new energy vehicles are expected to exceed 6 million in 2022, and the penetration rate of new energy vehicles is about 22%. And in the State Council issued the "Carbon Peak Action Plan before 2030", it is pointed out that it is necessary to vigorously promote new energy vehicles and make this proportion reach about 40% by 2030.
In addition, the problem of unsynchronized development of supporting facilities and new energy automobile industry is also receiving unprecedented attention, the State Council issued the "Guiding Opinions on Accelerating the Construction of Electric Vehicle Charging Infrastructure" clearly stipulates that all localities should incorporate the special planning content of charging infrastructure into urban and rural planning, so it is expected that in the future, in addition to the development of new energy vehicles themselves, there are also various types of supporting facilities for industrial development, such as automotive polypropylene plastics, The demand for the construction of public facilities such as battery shells and charging piles is considerable, which will bring more new demand growth points to co-aggregation PP.
In addition, the development prospects from the modification market are also large, in 2020, the mainland plastic modification rate has exceeded 20%, and polypropylene modification accounts for 40% of China's modified plastics industry, occupying an absolute dominant position. It is expected that in the next 5-10 years, the total demand for modified plastics in the market will still maintain a rapid annual growth rate, the performance of modified plastics will continue to increase and improve, and the downstream demand areas for modified plastics will be more extensive in the future.