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Future development of plastic products

Update:13 Jul 2019

What are the developments in the future of plastic prod […]

What are the developments in the future of plastic products? After long-term struggle and global opening, China's plastics industry has formed a relatively complete industrial system and become a basic material industry that goes hand in hand with steel, cement and wood. As a new type of material, its use has far surpassed the above three materials. From industrial applications to clothing and food, plastic products are everywhere.

As one of the pillar industries of China's light industry, the plastics industry has maintained a growth rate of more than 10% in recent years. In the plastic products industry, the total output value of enterprises above designated size ranked third among the 19 major industries in light industry, achieving a product sales rate of 97.8%, higher than the average level of the light industry.
The plastics processing industry, as a major component of China's manufacturing industry, is spread all over the country. According to statistics, there are more than 14,000 large-scale enterprises in China, with an annual output value of 20 million, but this figure is quite different from the actual. The evacuation of many processing and production bases is simply impossible to count, especially in the recycled plastics industry, where small workshop-type processing plants are everywhere. The reason is mainly because the overall technical threshold of China's plastic products processing industry is low and the capital demand is small.

However, many processing companies are not a good thing for the current economy. Most of them are mainly rough processing and granulation. Traditional extensive energy consumption concepts and industrial production methods have caused serious environmental pollution and waste of resources.

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