In the blink of an eye, 2020 is about to come. With the new capacity of the domestic Methyl Methacrylate market being put into operation and the continued market-level game situation, the overall market has different views on the trend of Methyl Methacrylate in 2020. Looking forward to 2020, the overall domestic supply market of methyl methacrylate may continue to be abundant, and the overall new production capacity in the market will be concentrated. However, with the abundant supply of the domestic methyl methacrylate market, the development rate of the downstream end market may also keep improving, and the overall market demand level does not rule out the possibility of a boost.
First of all, the current domestic production capacity of methyl methacrylate is expected to keep running smoothly by 2020.
As of the end of 2019, the overall domestic methyl methacrylate market production capacity was 1.27 million tons / year, and the cumulative new production capacity in 2019 reached around 340,000 tons / year.
Most of the new methyl methacrylate production enterprises in 2019 will gradually enter the trial production or commissioning stage in the fourth quarter of 2019, and the actual supply is limited. In addition to entering the winter and the adjacent Spring Festival holiday, transportation in some areas is restricted, and the overall impact on the market in East China and South China is small. The impact of the new capacity in the fourth quarter of 2019 on the overall market for methyl methacrylate in 2020 is expected to gradually emerge.
Secondly, the new production capacity of the domestic methyl methacrylate overall market in 2020 is mostly concentrated in the trial operation phase from the third quarter to the fourth quarter of 2020.
In 2020, China ’s domestic methyl methacrylate production or expansion capacity will remain relatively strong. According to current data, China’s domestic methyl methacrylate production capacity is expected to reach 500,000 tons per year in 2020, concentrated in 2020. After the third quarter, it will enter the commissioning phase. It is expected that the new production capacity in 2020 will have a significant impact on the domestic methyl methacrylate officially and should be around the fourth quarter of 2020.
Third, the domestic methyl methacrylate market is becoming more abundant, which will further squeeze the market share of cracking materials and will also boost the development of downstream industries.
As new domestic methacrylic acid production capacity is put on the market, the domestic methyl methacrylate cracking material market may be initially squeezed by the new material methyl methacrylate products to continue to squeeze market share, and at the same time it will gradually boost domestic methacrylic acid Development enthusiasm of methyl ester downstream industry.
It is reported that in 2020, with the large-scale coating production enterprises in North China put into operation and the new production line of PMMA sheet factories in East China officially put into operation, the domestic methyl methacrylate downstream may maintain a positive trend. It is expected that from 2020, the new supply and demand balance of the domestic methyl methacrylate market will gradually appear.