Market trend analysis of ABS flame retardant PC appliance industry

China has become the global home appliance manufacturing center, so the demand for flame retardant PC materials is also increasing. Flame retardant PC has become the second largest category of raw materials in the home appliance industry next to steel, and also the material with the fastest growth rate of application, with an average growth rate of about 30% in recent years. At present, the proportion of flame-retardant PC in China's main household appliances is 60% for vacuum cleaners, 38% for refrigerators, 34% for washing machines, 23% for televisions and 10% for air conditioners.

Most of the flame-retardant PC used in the manufacture of household appliances are thermoplastic flame-retardant PC, accounting for about 90%. Most of them are general-purpose materials, mainly in the following categories: General flame retardant PC è D polypropylene (PP), polystyrene (PS), polyethylene (PE), etc; Engineering flame retardant PC è D acrylonitrile butadiene styrene terpolymer (ABS), polyamide (PA), polycarbonate (PC), polybutylene terephthalate (PBT), polyethylene terephthalate (PET), Polyoxymethylene (POM), polyphenylene oxide (PPO), etc; Thermosetting flame retardant PC è D polyurethane resin, phenolic resin, epoxy resin, etc.

Among the engineering flame retardant PCs for household appliances, ABS flame retardant PC takes the first place. It is mainly used to make the inner lining of refrigerator, the shell and internal structure of TV, computer, video recorder, air conditioner, vacuum cleaner, telephone, electronic organ and other small household appliances. For example, the external transparent parts of household appliances and the internal transparent parts of refrigerator are made of transparent ABS resin. As the largest engineering thermoplastic resin in the world, 80% of ABS resin consumption in China comes from the production of household appliances. As one of the main raw materials of household appliances, ABS resin market trend is concerned by many household appliance manufacturers.

The annual production capacity of ABS resin in China has increased from 480000 tons in 2000 to more than 2 million tons in 2008, ranking the first in the world, and it is expected to exceed 3 million tons in 2010. With the gradual stabilization of new production capacity, the self-sufficiency rate of domestic ABS resin has increased. From the existing consumption pattern of ABS resin, imported materials still occupy a considerable market share in 2008.

At present, there are 10 major ABS resin manufacturers in China, among which Ningbo LG Yongxing is the largest one in China, with an annual production capacity of 480000 tons. At present, Ningbo LG Yongxing, Qimei, Taihua, Guoheng, Gaohua, Jihua and other companies have achieved large-scale production of ABS resin, and all plan to continue to increase production capacity significantly in the next few years; For example, LG Group of South Korea plans to expand its annual production capacity of ABS resin in China to 1 million tons according to the current situation of China's ABS resin market. In addition, China plans to attract 1.9 million tons of investment for ABS projects every year. In this way, China's annual total capacity of ABS resin will exceed 3.4 million tons, which will change the situation that China mainly relies on imports of ABS resin.