May 23, 2019Leave a message

Development of Plastics Industry

  

  In recent years, thanks to the boosting effect of China's "stable foreign trade" policy, domestic plastic exports have maintained a good growth trend. From 2011 to 2015, the export volume of plastic products in China increased from 79.55 million tons to 9.7294 million tons, with an annual compound growth rate of 5.18%. During the same period, the export volume of plastic products increased from 23.468 billion US dollars to 37.763 billion US dollars, with an annual compound growth rate of 12.63%. Generally speaking, under the favorable policy, the export of plastic products industry in China will show a steady growth trend.

  After decades of rapid development, China's plastic products industry has undergone tremendous changes. During the 12th Five-Year Plan period, China's plastic products industry has been developing continuously in the process of industrial restructuring, transformation and upgrading. In recent years, China's plastic products industry has During the Twelfth Five-Year Plan period, the import demand of plastics and its products has slowed down obviously due to the sufficient supply of domestic middle and low-end plastics products, and the price of imported plastics products is obviously higher than the domestic market price, which also restrains the import demand to a certain extent. Although plastic and its products imports rebounded in 2013 and 2014, the growth rate was relatively slow. In 2015, the import volume of plastics and its products in China was 65.551 billion US dollars, down 12.82% year on year, showing a significant downward trend. With the steady improvement of domestic plastic mould manufacturing technology and breakthroughs in plastic raw materials, additives and processing equipment, the import demand of plastics and their products will continue to decline.

  Plastic products, as one of the main moulding products, are the general designation of household and industrial products processed with plastic as the main raw material, including all process products such as plastic injection, plastic absorption and so on. Plastic products have the characteristics of light weight, low cost, good plasticity, insulation and corrosion resistance. They are widely used in automobile, communication, electronics, household appliances, medical treatment and many other fields. Under the development trend of "replacing steel with plastic" and "replacing wood with plastic", the processing industry of plastic products has developed rapidly, and important breakthroughs have been made in raw materials and additives, design and manufacture of plastic moulds, processing equipment and technology.

  


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