Basic balance between supply and demand in the domestic acrylic, it is expected that by 2010, demand and supply gap in turn increases. In the long run, China is still large room for development of industrial acrylic.

Mainly for the production of water-soluble acrylic paints and adhesives used, and ethyl acrylate monomers, but also for the production of superabsorbent, which rough (not refined) is mainly used for production of acrylic acid (the most important are butyl, methyl, ethyl), and paint, paper, textile, and printing ink industries of the other derivatives.

The end of 2007, China reached 885,000 tons production capacity of acrylic acid, acrylic ester production capacity to 83 million tons. By 2010, China will reach 90 million tons production capacity of acrylic acid and acrylate production capacity will reach 980,000 tons.

For a long time, China's industrial development can not meet the acid rapidly growing market demand, require significant imports. Some construction projects in recent years to be completed in 2006 and 2007 balance of supply and demand in China acrylic, it is expected that by 2010, demand and supply gap in turn has increased. In the long run, the domestic industry still large room for development acrylic.

Acid industry in the future development of a strong driving force

According to industry analysts, construction, textiles, packaging materials and health materials in the field will be the future development of the four acrylic market driving force.

Acrylic construction industry is the major consumption areas of China. The rapid development of housing construction, construction of acrylic latex paint and construction sealant demand will grow substantially. One acrylic 2 - ethylhexyl mainly for the production of adhesives, mainly for the production of ethyl polypropylene coating. Acrylic acid (ester) type of construction for high performance latex products, environmentally friendly, can be used, the exterior paint, favored by the users. Architectural coatings in China in 2010 demand will reach 280 million tons, supporting universal acrylic acid (ester) consumption of 30 million tons.

Chemical fiber industry has become the leading industry and export-oriented industrial economy. By 2010, China's textile and garment exports will reach 120 billion U.S. dollars, accounting for the world's total textile exports of 30%. The development of chemical fiber and textile and garment industry and product quality enhancement, to acrylic acid (ester) class high-end textile and pulp, paints and other printing paste, and processing needs of adhesives will grow substantially.

With the rapid development of packaging industry, packaging adhesive tape with acrylic adhesive demand will continue to grow. In 2007, pressure-sensitive adhesive products (tape and label) yield about 62 million square meters, total consumption of 34 million tons of acrylic pressure-sensitive adhesive. Expected annual growth rate of China's future demand for pressure-sensitive adhesive will reach 20%.

China is also growing demand for sanitary materials. Baby diapers, sanitary napkins and adult hygiene products demand quickly amplified. By 2010, demand for baby diapers in China will reach 5.2 billion, the demand for women to reach 59 billion sanitary napkins, adult hygiene products demand to reach 200 million. It is expected that the average annual demand growth rate of health supplies 12% to 13%, by 2010 the demand for high-absorbent resin will reach 8 million tons, greatly stimulating to the acrylic acid (ester) consumption.

In addition, the state limit or prohibit the use of phosphate detergent, phosphate-free detergent industry to implement, would greatly facilitate the development of sodium polyacrylate salt. At present, China detergent sodium polyacrylate salts, only 6,000 tons of annual consumption, if the country phosphate-free detergent, 1% of the amount calculated by adding sodium polyacrylate salts on the amount of up to 3 tons, the market potential.

To sum up, by the construction, textile, packaging and hygiene materials used in driving, China acrylic acid (ester) market will continue the rapid development of the future. Demand more than 880,000 tons in 2007, total world consumption of 26% in 2010 and 2015 demand will reach 1.16 million tons and 170 tons.

Concern is the future development of materials and technology

New entrants into the acrylic acid (ester) industry, investors should have two basic raw materials and production technology conditions, in order to improve competitiveness.

The main source of raw materials including propylene refinery propylene, propylene cracker and market purchases. Construction of the refinery and ethylene plant with acrylic acid (ester) material conditions of the project. In addition, investors purchasing channels with acrylic construction projects can also, of course, the best have a good port and transport conditions. Both the raw material propylene have D (h) alcohol can greatly enhance enterprise competitiveness.

At present, acrylic acid (ester) production technology, many enterprises introduced from Japan, investment is higher. The past two years, the domestic acrylic acid production technology, key equipment and catalyst development has made significant progress, acrylic acid production technology ton, 3 ton oxidation reactor and LY-A series of catalysts have begun expansion projects in the application. Using domestic technology, equipment and catalysts, would significantly reduce investment and production costs and improve competitiveness.

Propylene oxide technology should be strengthened in future research and development efforts, using its own technology to build production plant. Lanzhou Petrochemical Company and the Shanghai Huayi jointly developed technology of propylene oxidation to acrylic acid has been more competitive, and has built four sets of industrial production equipment, the future should further improve the process and reduce costs. Lanzhou Petrochemical Company, 80,000 tons / year plant built its technology better.

It should also strengthen the raw material of acrylic replacement. Synthesis of BASF and Japan (catalyst) is developing propane dehydrogenation process of oxidation of acrylic acid, as well as the adoption of a mixture of propane and propylene as raw materials. China wants to strengthen such a new line of basic research materials.