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Plastic products industry downturn in the boom index low innovation
Jul 03, 2017

After 2011 years of rapid growth, the plastics industry is undergoing a severe test. According to the latest April China Light Plastics boom Index, the plastic industry is only 94.22, although the normal reasonable range, but hit a one-year low.

In this respect, the industry pointed out that the domestic plastic products industry is entering a deep adjustment period. On the one hand, the global economic environment limits the export demand of products, thus slowing down the pace of development of the industry. On the other hand, the sluggish domestic demand also greatly restricts the deep development of the plastic products industry, thus making the whole industry into a dilemma.

It is understood that since this year, the domestic plastic products industry's development speed has obviously fallen. Data show that the 2011 plastic products industry completed industrial output value of 1.6 trillion yuan, year-on-year growth of 27.54%. And 2012 1-April, the plastic products industry completed industrial output value of 476.2 billion yuan, year-on-year growth of 16.87%, of which the month of April growth of 12.86%, compared with March growth of 8%.

Therefore, how to solve the development problem, so as to reverse the plastic products industry downturn is undoubtedly a top priority. From the current market situation, as soon as possible to clean, low consumption, efficient production, enhance the value of products is a good shortcut. The experts pointed out that domestic plastic products industry should strive to the high-end industrial chain evolution, through the active development of green plastic packaging products, environmental protection eco-friendly synthetic leather products, such as high value-added products, and continuously improve the overall competitiveness of the industry to create a new era of development of plastic products industry!

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