Compared with metal, stone and wood, plastic products have the advantages of low cost and strong plasticity. They are widely used in the national economy. The plastic industry occupies an extremely important position in the world today. For many years, the production of plastic products has developed at a high speed around the world. The output of plastic products in China has always been in the forefront of the world rankings, and the output of many kinds of plastic products has already ranked first in the world. China has become a major producer of plastic products in the world. From 2001 to 2010, the annual average growth rate of China's plastic products output was maintained at more than 15%, and the total output of China's plastic products reached 58.3 million tons in 2010.

 

From the perspective of demand, there is still a big gap between China's per capita plastic consumption and that of developed countries in the world. According to statistics, as an indicator to measure the development level of a country's plastic industry, the plastic steel ratio in China is only 30:70, which is lower than the world average of 50:50, and even lower than the 70:30 in developed countries such as the United States and 63:37 in Germany. In the future, with the technological progress and consumption upgrading of modified plastics in China, the demand for plastic products in China is expected to maintain a growth rate of more than 10%.

 

Plastic products are widely used, and the huge downstream industry provides a strong support for the development of China's plastic products industry. With the promulgation of the Detailed Rules for the Plan of Revitalizing the Petrochemical Industry, China's plastic products industry has ushered in new development opportunities. The market demand for plastic products in China mainly focuses on agricultural plastic products, packaging plastic products, building plastic products, industrial transportation and engineering plastic products.