Due to the soft and hard structure of the polyurethane elastomer, the molecular chain can be designed to endow the material with excellent properties such as high strength, good toughness, wear resistance and oil resistance. The polyurethane, known as "wear resistant rubber", has the high elasticity of rubber and the rigidity of plastic.
In the past year, due to the sharp drop of crude oil price, under the background of the global economic depression, the year-on-year growth of China's polyurethane elastomer market is slower than that of previous years, and the imbalance of supply and demand seriously leads to the depressed price of polyurethane elastomer. But this phenomenon is only found in traditional polyurethane products. The market prospect of elastomer products with high technological content and high degree of innovation, such as nano polyurethane elastomer materials, is still considerable.
Polyurethane fibre plastics
In 2015, the overall price of spandex market has been falling all the way, and the price of spandex yarn of all specifications has fallen to a historical low, or even a new low. By the end of 2015, the mainstream price of 40D spandex was as low as about 36,000 yuan /t, down 25.47% from the beginning of the year, creating a new low in the cycle.
From the perspective of the upstream and downstream of the industrial chain, the current situation of polyurethane fiber plastics is subject to the continuous depression of the economic environment. The production and sales in the downstream manufacturing field are not vigorous. On the other hand, the price of raw materials has fallen sharply.
The price of spandex fell all the way, leading to a decline in industry profits. The continuous release of new intelligent capacity, resulting in oversupply, is a strong impact on the spandex market. In addition, due to the shortage of funds in the downstream industry of spandex and the vicious cycle of the industrial chain, China's imports of spandex plummeted from January to November in 2015, and the contradiction between supply and demand has become a hard injury for the price decline of spandex.