English/Business War Think Tank
What are the development prospects of the plastics industry? What's the trend?
2021-07-03 20:12  Click:307

Under known circumstances, it is generally believed that the 20th century is the century of steel, and the 21st century will be the century of plastics. After entering the 21st century, the global plastics industry has entered a period of rapid development. Plastics are steadily increasing in both production, import and consumption in the markets of various countries.

In our daily life, the convenience that plastic brings to us is universal, and it even penetrates into all areas of our lives, basically everywhere. It is the fourth largest material after wood, cement, and steel, and its position in our lives is also increasing.

At present, China’s per capita annual plastic consumption is only 12-13kg, which is 1/8 of that of developed countries and 1/5 of that of moderately developed countries. According to this ratio, China’s plastics industry has relatively large room for development. It is believed that in the near future, China is expected to become the second producer after the world’s second largest consumer.

In the 21st century, the plastics industry has a very good development prospect. If you want to understand the plastics industry, you must first understand the market conditions of plastic raw materials and always understand the trend of plastic raw materials. There is a lot of information that can be browsed on the Internet. Look at the transactions, information, warehousing, logistics, and finance of upstream and downstream plastic companies. To understand the release of its ex-factory market price, and the analysis of the market are very timely. In addition, 90% of the information on many websites is currently free.

Although the plastics industry has good prospects for development, it is also facing a serious problem-environmental pollution under the circumstances that plastics provide you with convenience. The problem of plastic pollution has always been in front of us, so some degradable plastics have also begun to appear on the market, but their relatively high cost has caused the degradable plastics market to be unable to replace non-degradable plastics.

In this regard, it is necessary for the government and relevant departments to actively encourage enterprises to develop degradable plastics, realize technological breakthroughs as soon as possible, reduce costs, and enable degradable plastics to replace non-degradable plastics as soon as possible.
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