The Present Situation Of China's Plastic Industry

- Nov 30, 2019-

    The present situation of China's plastic industry

  According to the market research center, with the stability of the market turbulence trend, the plastics industry is bound to present a new scene of steady improvement. It is believed that with the joint efforts of plastics and related industries, with the strong assistance of relevant government departments, the plastics industry will definitely achieve greater growth.

   Status of China's plastic industry: Although China's plastic consumption has taken the first place in the world, its per capita consumption is only one-seventh of that of developed countries, and one-fourth of that of medium-developed countries. Large market development space. As far as the plastics industry is concerned, although the country ’s loans increased sharply in the first half of the year, the market has ample liquidity. However, most plastic companies have not benefited much, especially for small and medium-sized enterprises, which still has difficulty in financing, and the production recovery is slow and weak. This situation at least shows that the current increase in domestic currency is obviously insufficient and lagging in promoting the industry economy, and is not efficient.


    The profit of high-end products is much higher than that of low-end products. Similar to medical plastics, industrial plastics such as automobile dashboards, etc. are the research and development directions we have now. There is still a lot of room for domestic high-end product market prospects. Most of the plastic products exported by our country are low-end products with low added value, or some foreign-designed and commissioned processing products. Compared with similar imported products, there is a big gap in terms of technical content and process design.

   The plastic products industry is one of the industries in the light industry that has developed rapidly in recent years, and the growth rate has been maintained at more than 10%. China's plastics industry is based on plastics processing, including plastics, synthetic resins, additives and additives, plastics processing machinery and molds. For more than 50 years, it has developed from scratch, from small to large, from weak to strong. Synthetic high molecular materials, including synthetic resin, synthetic rubber, and synthetic fiber, have become new materials that cannot be separated from human survival and reproduction. Together with steel, wood, and cement, they have become the four basic materials in modern society. The production of plastic raw materials and auxiliary materials, the overall level of plastic processing equipment and technology, and the depth and breadth of research and development and application of plastic products have all entered the ranks of the world's advanced powers. Lightweighting and environmental protection, as the development direction of the world's automotive materials technology, promote the application of plastics in the automotive field.

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