Analysis of Development Trend of Plastic Industry

It shows that the main business income of enterprises above designated size of plastic products in China increased from ￥1,558.374 billion in 2011 to ￥1,907.748 billion in 2019, with a compound annual growth rate of 2.6%.

According to the analysis of plastic industry, with the increasing development trend of lightweight, customization, intelligentialize and environmental protection of various terminal industrial products, the application scope of plastic products will be continuously expanded, the requirements for product performance and quality will be rapidly improved, and the transformation and upgrading of plastic products industry will be continuously accelerated.

Data shows that rubber and plastic products accounted for 2.4% of the country's industrial enterprises' revenue in 2019, ranking 14th, higher than the country's basic and major industries such as coal mining and washing industry and pharmaceutical manufacturing industry. Chinese output of plastic products increased from 54.744 million tons in 2011 to 81.842 million tons in 2019, with a compound annual growth rate of 5.2%.

At present, Chinese plastic products industry has developed into a whole industry chain industry, from raw material procurement, product manufacturing and market sales, have formed a complete industrial system, the overall plastic products industry scale is large and the annual output value of about ￥10 billion.

After years of product research and development, the types of plastic products are relatively complete, plastic products have been comprehensively applied in many fields, effectively meet the market demand, improve the market share of plastic products.Some special plastics have also won the high recognition of the market, which plays an important role in enriching the material market and increasing the supply of plastic products.

The domestic plastic products enterprises are facing fierce competition in the market at present. In addition to the competition from foreign enterprises, the competition among domestic enterprises is also quite fierce. With the rapid development of domestic plastics industry, the domestic plastic products enterprise in production technology and features have improved greatly, and achieved positive effect on the production cost control, make the domestic plastic products enterprises can get considerable improvement in the market, meet the needs of the plastic products development of the enterprise and provide strong support for the plastic products enterprises.

From the current development of plastic products industry in China, with the improvement of environmental protection requirements, plastic products industry is developing from the traditional plastic products to new materials, and the new production technology has gradually replaced the traditional one, so that the product performance and environmental protection characteristics of plastic products are more prominent.

Based on the importance of the plastic products industry, a careful analysis of the current situation of the plastic products industry market, and grasp the future development trend, to improve the quality of the plastic products industry development, improve the benefits of plastic products enterprises has an important role in promoting.