PET Film Industry Expected To 36.21 Billion Yuan In 2022

Published Date: 2022-06-23
The upstream of the PET film industry is the petrochemical industry. The main raw materials are polyester chips and functional masterbatches. The downstream industries include coating, lamination and packaging. The final application fields are packaging materials, electronics, electrical appliances, automobiles and construction. production area. The downstream expansion of PET film enterprises is conducive to increasing the added value of products and directly providing final services to customers. At present, in addition to the production of high-performance functional films and differentiated layouts, integrating the industrial chain and increasing the added value of the industry has also become one of the development trends in the industry.

With the continuous improvement of downstream customers' requirements for product performance and quality, the existing ordinary PET film can no longer meet the new market demand for PET film products. To this end, PET film manufacturers in the industry need to make necessary modifications to PET film from different angles through continuous innovation of PET film production processes to further improve its performance and quality, and produce more diversified products. To a large extent, the application fields of PET film products are enriched.


PET film products have good performance and great market potential. The development of my China's PET film industry is relatively late, but relying on the advantages of policy support and industrial capital investment, the industry has developed rapidly. In recent years, enterprises in the industry have continued to expand their production capacity. China's PET film production capacity increased from 3.24 million tons in 2016 to 3.53 million tons in 2019, with a compound annual growth rate of 2.9%. It is expected to continue to grow to 3.81 million tons in 2022.

At the same time, my country's PET film output fluctuated and increased. China's PET film output increased from 2.07 million tons in 2016 to 2.55 million tons in 2019, with an average annual compound growth rate of 7.2%. It is expected to continue to grow to 2.89 million tons in 2022.


At present, the product structure of the domestic PET film industry focuses on ordinary packaging films, while high-end functional polyester film products used in electronic products, electrical and electrical equipment, energy saving and environmental protection and other fields still need to be imported to a large extent. The competition in the field of high-end functional polyester film mainly comes from major domestic and foreign manufacturers. These major manufacturers have strong technical development capabilities, high production technology levels, relatively mature product series and relatively complete marketing and service networks. The domestic functional polyester film field has strong competitiveness.


In the next few years, with the continuous expansion of the application field of functional polyester film and the growing demand for substitution, coupled with the long production capacity construction cycle, the contradiction between the market's shortage of functional films and the demand for functional films will be difficult to alleviate in a short period of time. , for its demand gap, currently only rely on imports to make up.


In the past ten years, the average import price of polyester film products has been significantly higher than the average export price, which reflects that the added value of imported products is higher than that of export products. This also confirms the structural contradiction of my country's polyester film products.


With the continuous development of science and technology and industry, the application field of PET film is gradually expanding. At the same time, driven by the wide use of packaging and production applications, the industry market demand potential is huge. In 2019, the size of my country's PET film market was 33.15 billion yuan, an increase of 3.11% from 32.15 billion yuan in 2018. It is expected that the market size will further increase to 36.21 billion yuan in 2022.
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