Plastics market enters a period of rapid development


Domestic plastics industry is entering the high-speed project opportunities, observations show that last year, domestic consumption of engineering plastics will reach 2.71 million tons, an increase of 10.93 percent over 2010. In addition, as engineering plastics are clearly placed in the new materials sector, its future development prospects will be more attractive.
Therefore, insiders observed that the development prospects of the domestic engineering plastics industry are very good. In the next few years, the demand for engineering plastics may continue to grow at a rate of more than 10%.
Obviously this optimistic expectation is not without factual basis. On the one hand, from the application field of engineering plastics, it is mainly used in the fields of electronic appliances, building materials, light industry and so on. Among them, compared with 42% of the world's engineering plastics used in the automotive industry, it is only about 10% in China. With the rapid development of the domestic automotive industry, the consumption of engineering plastics will also maintain a relatively fast growth rate.

Jiuzhi Plastics Network  

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