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Acrylic Polymers Global Trade Shows That China is Highly Dependent on Imports
2018.11.30
Acrylic polymers
are commonly known as acrylics. Acrylics have exceptional resistance to UV
light, heat, ozone, chemicals, water, stiffening on ageing, and dry-cleaning
solvents. As such, acrylics have widespread uses such as backcoating materials
in automotive upholstery fabric and carpets, window drapes, and pile fabrics
used for outerwear, etc.
According to UN
Comtrade Data, the total import and export volume of acrylic polymers worldwide
is $25.935 billion in 2017, increased by5.02% compared to $24.695 billion in
2016.
Total Import and Export Volume of Primary Shape Acrylic Polymer 2013-2017
(HS: 390690)
Data Source: UN Comtrade
In 2017, the
total import value of the primary shape acrylic polymer is $12.801 billion,
increased by 3.89% from 2016; while the total export value is $13.134 billion,
increased by 6.15% from 2016.
Trend of Primary Shape Acrylic Polymer Import and Export Value in 2013-2017
Data Source: UN Comtrade
From 2013 to
2017, China is the world's largest importer of acrylic polymers, with a total
import volume of $7.685 billion dollars, and Germany ranked the second place with
a total import volume of $5.027 billion dollars, followed by the United States,
France and Italy with a total import volume of $4.163 billion dollars, $2.706
billion dollars and $2.671 billion dollars respectively.
Top 5 Importers of Acrylic Polymers in 2013-2017
Data Source: UN Comtrade
From 2013 to
2017, Germany is the world's largest exporter of acrylic polymers, with a total
export value of $10.622 billion dollars, and the United States is the second
largest exporter with the export value of $8.968 billion dollars, followed by
France, Japan and Belgium with $6.279 billion dollars, $6.057 billion dollars
and $5.755 billion dollars respectively.
Top 5 Exporters of Acrylic Polymers in 2013-2017
Data Source: UN Comtrade
China is now the
world's largest acrylic resin consumer and is the largest acrylic resin market.
It is expected that the compound annual growth rate from 2014 to 2019 in China
will be twice of the globe. However , the acrylic polymers in China are highly
dependent on imports due to gap with advanced technology in foreign countries.
Therefore, it is a first priority to improve the production equipment, and technology.
2018.11.30
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