NEWS

DALIAN TWINLEAF PLASTICS CO.,LTD.

The high prosperity of the polyurethane industry is expected to continue

Global MDI production capacity has grown steadily. In 2016, the production capacity reached 8.59 million tons, a year-on-year increase of 4.76%. 06-16 The compound annual growth rate of global MDI production capacity is 7.94%. At present, the global MDI production capacity is mainly distributed in China, the United States, Germany, Japan, and South Korea. The main enterprises are Wanhua (2.04 million tons), Covestro (1.71 million tons), BASF (1.71 million tons), Huntsman (1.06 million tons), etc. The production capacity of these four enterprises is 6.52 million tons. It accounts for 76% of the global total production capacity. From a global perspective, some companies have plans to expand production, including 1.54 million tons of production capacity under construction in China and 1.3 million tons of production capacity under construction abroad. Domestic MDI production capacity has grown substantially. The compound annual growth rate of MDI production capacity from 2006 to 2016 was 27.16%, which was higher than the global level (7.94%). In 2016, the domestic MDI production capacity was 3.09 million tons, a year-on-year increase of 3%. The domestic production capacity growth rate has stabilized and is already in a stage of steady growth. With the increase of domestic MDI production capacity, the proportion of domestic production capacity in global production capacity is on the rise, accounting for 36% in 2016. As new production capacity is put into operation, it is expected that its proportion will increase.

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