The current development status, competitive landscape, and trend forecast of the functional polymer materials industry in China in 2025.
2025-01-21
Functional polymer materials are a new type of material developed in the 1960s. By grafting reactive functional groups onto the main chain and side chains of natural or synthetic polymers, they exhibit new special functions in catalysis, conductivity, photosensitivity, magnetism, and bioactivity. Compared to traditional materials, functional polymer materials have many advantages and characteristics. They not only possess the properties of traditional materials but also have the properties of special functional groups, such as being lightweight and having strong designability in structural formulation. Therefore, their applications in downstream fields are becoming increasingly widespread and important.
The upstream of the functional polymer materials industry chain mainly includes the raw material supply link, which is the foundation for manufacturing functional polymer materials. Specifically, the upstream raw materials include polymer raw materials, reinforcement materials, fillers, and additives. The midstream link is the processing and manufacturing of functional polymer materials, which requires advanced production technology and equipment to ensure the stability of product quality and performance. The downstream is widely applied in various industries such as automotive manufacturing, electronics, and healthcare.
In recent years, under the macro policy background of industrial upgrading in the manufacturing sector, the electronic information manufacturing industry and consumer electronics industry have developed rapidly as strategic emerging industries, with continuous improvement in technological innovation levels. Functional polymer materials have also been continuously upgraded along with the development of downstream industries. With the significant development of China's manufacturing industry, the demand for functional polymer materials continues to grow, and the market scale is expanding. According to statistics, in 2023, the market scale of functional polymer materials in China has exceeded 500 billion yuan, reaching 536.9 billion yuan, with a CAGR of approximately 8.53% from 2018 to 2023.
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