What is the development status of polyketone resin in China

Polyketone resin domestic market and production status - Analysis of market status - China is a large country of coatings, its output increases year by year, and has become the second largest country of coating production and consumption in the world. According to the data released by the National Bureau of statistics, from 2000 to 2006, China's coating output increased from 1.839 million tons to 5.078 million tons, and the average annual growth rate of coating output was 19.0%. If China's paint output maintains an annual growth rate of 10%, China's paint output will reach more than 7 million tons by 2010. China's ink output is expanding, product varieties are increasing and quality is improving. There are more than 1000 varieties of domestic ink, and the share of medium and high-grade products is expanding. The quality of some products has been close to or reached the level of similar foreign products.

In recent years, China's ink output has increased year by year. China's total ink output has been keeping up with Germany, Japan and the United States, ranking the fourth in the world. From 2000 to 2006, China's ink output increased from 185000 tons to 348000 tons, with an average annual growth rate of 11.2%. If estimated by an annual increase of 10%, China's ink output is expected to be about 500000 tons in 2010.

According to the average usage of polyketone resin in 5% of coating products and 3%, the annual demand for polyketone resin in the coating industry in 2006 was about 7600 tons; Polyketone resin is used in 10% of ink products, with an average usage of 5%. In 2006, the annual demand for polyketone resin in the ink industry was about 1700 tons; Thus, the annual demand of polyketone resin Market in 2006 was about 9300 tons. According to the same calculation method, the annual demand of polyketone resin in China will reach about 13000 tons by 2010.   

The rapid development of coatings and inks has brought excellent development opportunities to the production and sales of polyketone resin. In recent years, the production technology of polyketone resin in China has gradually matured, and the product quality is basically stable. The production of polyketone resin has developed rapidly due to the demand of the market. It is estimated that the output of polyketone resin in China in recent years is shown in the table.