BOPET film capacity is not over

According to Wu Peifu, the domestic BOPET film industry has a production capacity of about 2 million tons, which is less than the previous statistics of more than 2.5 million tons. At the same time, it has not reached a surplus. At present, the average capacity utilization rate of enterprises is over 85%, and some brands have factories. It is above 90%.

“When BOPET film was sought after, many companies used it as a financing tool. When they made money, they invested in other industries such as real estate and stocks. Later, when the market fell back, many of these companies began to fade out, and there were still some old ones. Enterprises, due to institutional and institutional problems, are gradually being integrated by the industry. In addition, some enterprises that blindly entered this market have not been able to grasp the market and technology, so they have also been managed." Wu Peifu said.

Wu Peifu also said that from the demand side, the average annual demand growth rate of the BOPET film industry is above 15%. In addition, nearly 300,000 tons of products are imported every year in the industry, and domestic enterprises can seek to pass technology. Upgrade to achieve import substitution.