Development potential of plastic products industry
Plastic products refer to various products that take synthetic resin (polymer compound) as the main raw material and are processed by extrusion, injection molding, blow molding, calendering, lamination and other processes, and use recycled waste plastics to process and reproduce plastic products.
Plastic products refer to various products that take synthetic resin (polymer compound) as the main raw material and are processed by extrusion, injection molding, blow molding, calendering, lamination and other processes, and use recycled waste plastics to process and reproduce plastic products. Plastic products have excellent characteristics such as low cost, strong plasticity, good stability, and excellent electrical insulation. They are indispensable synthetic materials in my country's industrial production and are crucial to my country's economic development.
According to the "2021-2025 2021-2025 Plastic Products Industry Market In-depth Market Research and Investment Prospect Forecast Analysis Report" released by Xinsijie Industry Research Center, my country is the world's largest producer of plastic products and the world's largest consumer of plastic products. Before 2018, my country's plastic products industry maintained a steady growth trend. In the past two years, under the background of increasingly strict environmental protection supervision and the gradual deepening of supply-side structural reforms, the output of my country's plastic products industry showed a fluctuating growth, according to the latest data from the Ministry of Industry and Information Technology. , From January to September 2020, the national plastic products industry completed an output of 52.989 million tons, a year-on-year decrease of 7.8%; the national plastic product manufacturing enterprises accumulated operating income of 1,310.07 billion yuan, a year-on-year decrease of 3.9%; the total profit was 80.55 billion yuan, a year-on-year increase of 1.73% %.
From the perspective of domestic production distribution, the cluster effect of my country's plastic products industry is obvious. The production enterprises are mainly concentrated in East China, Central China and South China. Among them, Guangdong and Zhejiang are the major production provinces of plastic products in my country. More than 30%, and the output of plastic products in Henan, Jiangsu, Sichuan and other provinces accounts for about 7.8%. Overall, my country's plastic products industry is in a state of overcapacity as a whole. From 2016 to 2019, the production and sales rate of plastic products was below 100%. At the same time, in recent years, my country's plastic product exports have been higher than imports, reflecting the domestic plastic product market. Domestic demand is not strong.
From the perspective of subdivided product market, plastic sheet, pipe and profile manufacturing is the industry with the largest proportion of main business income in my country's plastic product market, reaching more than 23%, followed by other plastic product manufacturing industries, accounting for about 20% . Under the background of the gradual upgrading of market consumption and the increasingly strict environmental protection supervision, enterprises with relatively backward production capacity will face elimination, which also promotes the adjustment and upgrading of my country's plastic product industry structure. In general, the competitive environment of my country's plastic products is gradually changing from disorder to order, and the proportion of high-end products is increasing. Innovation, greenness and intelligence will become the development direction of my country's plastic products industry. Xinsijie Industry Analysis
Industry analysts said that my country is the world's largest consumer of plastic products, and the consumption of plastic products is relatively broad, including construction, express delivery, consumer electronics, medical care, automobiles and other fields. In the context of increasingly strict environmental protection supervision, the industrial structure of plastic products in my country has been gradually adjusted and upgraded. With the upgrading of market consumption, the market demand for high-end, green and intelligent plastic products has increased. Overall, the future development potential of my country's plastic products industry is still huge.