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China's Super Absorbent Resin Industry Enters A Benign Development Track

Jun 08, 2020

Superabsorbent resin is widely used in agriculture, industry, and daily life. It is a new material industry with great development prospects in China. Once the anti-dumping raw material acrylic market formed a monopoly, the price skyrocketed, resulting in the suspension of production of dozens of superabsorbent resin companies. At the same time, foreign products took the opportunity to flood into the domestic market.


After nearly a year of institutional communication and coordination, the Ministry of Commerce and other relevant departments, after in-depth investigation and detailed analysis, timely canceled anti-dumping of acrylic esters. Now, the domestic polymer water-absorbent resin industry has ushered in the dawn. Tangshan Boya and Shaanxi Hanzhong Schools, which have nearly closed down, have been reborn. Jinan Haoyue Water Absorbing Material Co., Ltd. has actively invested in research and development technology, creating professional products more suitable for the application of sanitary materials and obtaining national patents. Since 2006, the market share of the domestic industry has rebounded to about 30%, breaking the ice of the monopoly of imported products on the domestic market.


In June 2001 and April 2003, the country successively announced the final ruling on the anti-dumping case against imported acrylic esters originating in Japan, the United States, and Germany. After the implementation of anti-dumping measures, the domestic acrylic acid-related industries have been affected to varying degrees: domestic acrylic acid has been oversupplied from the original supply, and it has suddenly become a commodity. The price has risen alarmingly, making the superabsorbent resin industry using acrylic as a raw material unsustainable. Some The company ceased production several times. Japanese and South Korean companies have taken advantage of this.


Professor Huang Yong, a well-known antitrust law expert and doctoral supervisor at the University of International Business and Economics, believes that anti-dumping is also a "double-edged sword" in a certain sense. The implementation of this measure ostensibly safeguards the interests of specific industries, but for chemical raw materials, the cost of upstream and downstream and related products should be calculated, and the public interests of the chain industry should be maintained.


Yang Zhiliang, general manager of Haoyue Company, introduced that the polymer water-absorbent resin is a new type of polymer material, which has super strong water absorption and water retention properties, and is widely used in agriculture, forestry, medicine, chemical industry, environmental protection, daily chemical, etc., but Since China started research in this respect late, and has not yet formed large-scale production, the market prospect is broad. Some well-known domestic sanitary material manufacturers have begun to gradually abandon imported products and switch to domestic brands. Today, after the price of domestic polymer water-absorbing resin enters the domestic market at a price of about 20,000 yuan per ton, the price of similar foreign products has also dropped from 30,000 yuan/ton. To 21,000 yuan/ton.


Relevant persons from the Ministry of Commerce stated that no matter whether it is anti-dumping or anti-monopoly, it is necessary to establish an institutional communication and coordination mechanism. Relevant experts from China Galaxy Securities Research Center reminded that with the development of construction, electronics and automotive industries, various acrylate applications have been continuously expanded, especially in the case of super-absorbent polymers (SAP) in the rapid growth of sanitary materials, Demand continues to grow, and it is expected that the global acrylate demand growth rate will reach more than 4% from 2005 to 2015.


Sourceļ¼šwww.up-resin.com

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