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From a policy perspective, the main factors affecting the demand for polyformaldehyde are clearly stated in the 11th Five-Year Plan to focus on developing industrial groups such as special functional materials, high-performance structural materials, composite materials, environmentally friendly and energy-saving materials, and to establish and improve a new material innovation system. Polyformaldehyde is a new type of material that consumes little energy and is in line with the current development trend. * * Policies that provide positive encouragement will promote the development of my country's polyformaldehyde industry. From the demand side, polyoxymethylene has the advantages of being friction-resistant, wear-resistant and capable of withstanding high loads, so it can partially replace non-ferrous metals such as copper, zinc, aluminum and other structural parts. It is increasingly used in automobiles and electronic appliances. The process of localization of automobiles will inevitably increase the demand for polyoxymethylene. At the same time, the application fields of polyformaldehyde continue to expand. In addition to applications in automobiles, electronics, machinery, medical technology, sports equipment, etc., polyformaldehyde also shows good demand growth. With breakthroughs in the application field of polyformaldehyde, the total demand for polyformaldehyde will continue to grow. Taking these two aspects together, it is expected that my country's polyformaldehyde industry will have greater room for future growth. 2. The demand for polyformaldehyde has room for rapid growth. Based on historical demand data, we have predicted the future demand for polyformaldehyde. The prediction results show that my country’s demand for polyformaldehyde in 2008 was about 290,000 tons, and the demand in 2012 will exceed 400,000 tons. According to the prediction of the Engineering Plastics Processing Industry Association, my country's POM demand will be 270,000 tons in 2008 and 320,000 tons in 2010. In addition, the "Eleventh Five-Year Plan" for my country's engineering plastics industry pointed out that by the end of the "Eleventh Five-Year Plan", my country's total demand for polyoxymethylene resin is expected to be 300,000 tons. * * Based on the analysis of many factors including the industry and my country's "Eleventh Five-Year Plan" and the implementation of various important projects, we believe that the forecast results for my country's polyformaldehyde demand to operate at a level of 290,000 to 400,000 tons in the next five years are relatively reasonable.
In essence, China's supply of high-end engineering plastics still relies on foreign companies, and domestic production technology and application technology are far behind, especially formulation technology. From the current stage, the market development of China's engineering plastics depends on the generalization of the engineering plastics market, such as the polyformaldehyde zipper market, the PBT energy-saving lamp market, and the polycarbonate optical disc and solar panel market. The real "engineering plastics" market is high-end and high-tech, and needs to be determined * * service and sustainability technical support.
Nowadays, there are more and more places where plastics are used to replace steel, so the market for engineering plastics is constantly increasing. Especially engineering plastics like polyformaldehyde are widely used in many industries such as automobiles. I hope that domestic high-end engineering plastics technology will become stronger.