Global Economic Turbulence Polyurethane Future Trend

This year's global economic turmoil has slowed down the rapid development of polyurethane industry in China. We are very concerned about the trend of the industry in the future|

      This year, affected by the financial crisis in the United States, the overall demand at home and abroad has declined, and the development speed of polyurethane has slowed down. But in the long run, the polyurethane industry will still show a steady development trend. Under this trend, there will be three characteristics

      First of all, in the future period of time, the global polyurethane development will obviously appear a period of decline. The price of basic raw materials of polyurethane will decline greatly, but in the long run, the whole polyurethane industry will still maintain a rapid development speed. Among them, the demand for polyurethane in Europe and America will maintain an annual growth rate of 3% - 5%, while that in China will maintain a growth rate of 10% - 12%. In the future, the main driving forces for the growth of China's polyurethane industry are textile industry, transportation industry, building energy conservation, foreign trade export and the demand of large population in urban and rural areas.

      Secondly, with the increasing production capacity of polyurethane raw materials, it has laid a solid foundation for the sustainable and stable development of China's Polyurethane Industry in the future. At the same time, multinational chemical giants increase their investment in polyurethane in China, so the competition of polyurethane raw materials and products will be more and more fierce in China. At the same time, it also promotes and stimulates the development of polyurethane technology in China.

      Thirdly, the application scope of polyurethane continues to expand in depth and breadth, and the role of polyurethane industry in promoting the development of China's national economy will be more and more obvious.

      The development trend of polyurethane in the future: the technology of polyurethane is becoming more and more mature in the world and China, and the global economic and technological development cannot be separated from polyurethane. The market potential of polyurethane in China is huge. China will become the manufacturing center, consumption center and technical center of polyurethane in the world.

      According to the industry forecast, China is expected to become the largest polyurethane market in the world by 2015. At present, China has become the global polyurethane technology center. Multinational chemical giants such as BASF, Bayer, Dow and Huntsman have set up polyurethane Asia Pacific technology centers in Shanghai and other cities in China. Their actions are enough to show the attention of multinational chemical giants to China's polyurethane market.