(1) The market space is large, and the plastic products industry will continue to grow.
Although the output of plastic products in 2012 and 2013 showed a low growth rate for two consecutive years, it was the low point of more than a decade. However, from the apparent increase in the consumption of synthetic resins, it has not slowed down, and still maintains an 8% growth rate. With the gradual transformation and upgrading of the industrial structure, the proportion of high-end products has gradually increased, and the functions of basic supporting services have been continuously improved.
Although the growth of output of plastic products has slowed down, its value space is still large, and the output value can maintain a high growth rate, meeting social generality. The basic application areas of demand have maintained steady growth. The high-end application areas are gradually strengthening. It can be seen that the plastics processing industry is still in the stage of rising development, and the transformation and upgrading is steadily advancing.
The development trend of “plasticizing steel” and “plasticizing wood” provides a broad market space for the development of the plastics industry. As an indicator to measure the development level of a country's plastics industry, the ratio of plastics to steel is only 30:70 in China, which is less than the world average of 50:50, and far less than the developed countries such as Germany's 63:37 and the United States' 70:30.
In the future, with the technological advancement and consumption upgrade of China's modified plastics, China's plastic products need to maintain a growth rate of more than 10%.
