Analysis of development of engineering plastics in China

Plastics is the upstream industry of electronic information, transportation, aerospace and machinery manufacturing. It occupies an important position in the national economy. The elasticity coefficient between the growth of plastic apparent consumption and GDP growth is 1.1-1.5:1. Its development not only plays a supporting role in national pillar industries and modern high-tech industries, but also promotes the transformation of traditional industries and the adjustment of product structure. In recent years, with the rapid development of China's manufacturing industry, the application of plastics is becoming more and more common, and the amount of plastics is increasing from time to time. Especially after joining the WTO, it has brought unprecedented opportunities for the development of the plastics industry.

In recent years, although China's engineering plastics industry has been developing rapidly, consumption can progress from time to time, the variety is also increasing, but still can not meet market demand, most of the high-end products still use imported raw materials.

The characteristics of the engineering plastics market are as follows:

1. application in automotive area

At present, the society is developing in the direction of paying attention to environmental protection, safety and health. Energy conservation and environmental protection have become two major issues in the automobile industry. Lightweight, warmth and energy saving are the latest trends in the development of automobiles, which accelerates the process of plasticization of automobiles. Plastics, with its light weight, large design space, low forming cost, excellent performance and universal function, can eventually make automobiles in lightweight, safety and manufacturing costs to break more, thus becoming the best choice for the automotive industry in the 21st century. The National Development and Reform Commission (NDRC) has formulated policies to speed up the nationalization of automotive parts and components, as well as to limit the fuel consumption of automobiles. In addition, due to the increase in prices of raw materials last year, many vehicle manufacturers have relaxed the restrictions on designated materials in order to reduce costs. This undoubtedly provides an excellent opportunity for parts suppliers and plastic suppliers.

Domestic automobile parts processing (such as: PBT modified plastics) is progressing rapidly, new processing equipment, processing technology has been widely used, so that the application of engineering plastics can be improved from time to time. In the future, the engineering plastics industry will not only cater to the development of the automobile industry, but also play a more important role as a participant in the automobile industry.

2. applications in the field of electronics and electronics

Electronic and electrical examples are the main application areas of Engineering plastics. The consumption of engineering plastics accounts for more than 40% of the total consumption. With the increasing export of electrical products in China, the consumption of engineering plastics is on the rise. China is a big manufacturing country in the world. Although the technological content and added value of Chinese products are still very low, this does not affect the huge demand for engineering plastics in China's manufacturing industry. Especially under the pressure of capital, the market demand for information localization is becoming more and more obvious, which provides a broad application prospects for engineering plastics.

3., market competition is becoming more and more intense and internationalized.

Up to now, almost all the major international companies have set up modification factories and resin plants in China, and the landing of a large number of multinational companies has further aggravated the market competition. Foreign companies have recently stepped up their efforts to stop developing in China and to expand their consumption because of the country's huge domestic market demand. These measures are international operations of multinational corporations aimed at strengthening market position and optimizing resource allocation. Therefore, the domestic engineering plastics industry is facing increasingly fierce international competition, which forces domestic consumer factories to integrate resources, improve product technology content from time to time, enhance service awareness and market development, increase investment in research and development efforts, and prevent low-level repeated investment and low-price disorderly competition from forming Limited The great waste of resources.

4. increased consumption, but limited profitability.

In recent years, China's market demand for modified plastics is booming and the profits of enterprises are slim. The price increase of energy and raw materials has greatly exceeded the factory price index of industrial products, affecting the profitability of most processing industries. In addition, the situation of the local downstream industry is not good, so that the growth of waste capital occupied by enterprises is too large. The year-on-year growth of engineering plastics consumption in China in 2012 was lower than that in previous years, mainly due to the price increase of raw materials. Many processing enterprises are forced to reduce the low profit order, and also use partial recycled materials. Nylon and PBT use recycled materials more widely, while the amount of PC used to produce compact discs is also significantly reduced.
Plastics is the upstream industry of electronic information, transportation, aerospace and machinery manufacturing. It occupies an important position in the national economy. The elasticity coefficient between the growth of plastic apparent consumption and GDP growth is 1.1-1.5:1. Its development not only plays a supporting role in national pillar industries and modern high-tech industries, but also promotes the transformation of traditional industries and the adjustment of product structure. In recent years, with the rapid development of China's manufacturing industry, the application of plastics is becoming more and more common, and the amount of plastics is increasing from time to time. Especially after joining the WTO, it has brought unprecedented opportunities for the development of the plastics industry.

In recent years, although China's engineering plastics industry has been developing rapidly, consumption can progress from time to time, the variety is also increasing, but still can not meet market demand, most of the high-end products still use imported raw materials.　

Plastics is the upstream industry of electronic information, transportation, aerospace and machinery manufacturing. It occupies an important position in the national economy. The elasticity coefficient between the growth of plastic apparent consumption and GDP growth is 1.1-1.5:1. Its development not only plays a supporting role in national pillar industries and modern high-tech industries, but also promotes the transformation of traditional industries and the adjustment of product structure. In recent years, with the rapid development of China's manufacturing industry, the application of plastics is becoming more and more common, and the amount of plastics is increasing from time to time. Especially after joining the WTO, it has brought unprecedented opportunities for the development of the plastics industry.

In recent years, although China's engineering plastics industry has been developing rapidly, consumption can progress from time to time, the variety is also increasing, but still can not meet market demand, most of the high-end products still use imported raw materials.

The characteristics of the engineering plastics market are as follows:

1. application in automotive area

At present, the society is developing in the direction of paying attention to environmental protection, safety and health. Energy conservation and environmental protection have become two major issues in the automobile industry. Lightweight, warmth and energy saving are the latest trends in the development of automobiles, which accelerates the process of plasticization of automobiles. Plastics, with its light weight, large design space, low forming cost, excellent performance and universal function, can eventually make automobiles in lightweight, safety and manufacturing costs to break more, thus becoming the best choice for the automotive industry in the 21st century. The National Development and Reform Commission (NDRC) has formulated policies to speed up the nationalization of automotive parts and components, as well as to limit the fuel consumption of automobiles. In addition, due to the increase in prices of raw materials last year, many vehicle manufacturers have relaxed the restrictions on designated materials in order to reduce costs. This undoubtedly provides an excellent opportunity for parts suppliers and plastic suppliers.

Domestic automobile parts processing (such as: PBT modified plastics) is progressing rapidly, new processing equipment, processing technology has been widely used, so that the application of engineering plastics can be improved from time to time. In the future, the engineering plastics industry will not only cater to the development of the automobile industry, but also play a more important role as a participant in the automobile industry.

2. applications in the field of electronics and electronics

Electronic and electrical examples are the main application areas of Engineering plastics. The consumption of engineering plastics accounts for more than 40% of the total consumption. With the increasing export of electrical products in China, the consumption of engineering plastics is on the rise. China is a big manufacturing country in the world. Although the technological content and added value of Chinese products are still very low, this does not affect the huge demand for engineering plastics in China's manufacturing industry. Especially under the pressure of capital, the market demand for information localization is becoming more and more obvious, which provides a broad application prospects for engineering plastics.

3., market competition is becoming more and more intense and internationalized.

Up to now, almost all the major international companies have set up modification factories and resin plants in China, and the landing of a large number of multinational companies has further aggravated the market competition. Foreign companies have recently stepped up their efforts to stop developing in China and to expand their consumption because of the country's huge domestic market demand. These measures are international operations of multinational corporations aimed at strengthening market position and optimizing resource allocation. Therefore, the domestic engineering plastics industry is facing increasingly fierce international competition, which forces domestic consumer factories to integrate resources, improve product technology content from time to time, enhance service awareness and market development, increase investment in research and development efforts, and prevent low-level repeated investment and low-price disorderly competition from forming Limited The great waste of resources.

4. increased consumption, but limited profitability.

In recent years, China's market demand for modified plastics is booming and the profits of enterprises are slim. The price increase of energy and raw materials has greatly exceeded the factory price index of industrial products, affecting the profitability of most processing industries. In addition, the situation of the local downstream industry is not good, so that the growth of waste capital occupied by enterprises is too large. The year-on-year growth of engineering plastics consumption in China in 2012 was lower than that in previous years, mainly due to the price increase of raw materials. Many processing enterprises are forced to reduce the low profit order, and also use partial recycled materials. Nylon and PBT use recycled materials more widely, while the amount of PC used to produce compact discs is also significantly reduced.
Plastics is the upstream industry of electronic information, transportation, aerospace and machinery manufacturing. It occupies an important position in the national economy. The elasticity coefficient between the growth of plastic apparent consumption and GDP growth is 1.1-1.5:1. Its development not only plays a supporting role in national pillar industries and modern high-tech industries, but also promotes the transformation of traditional industries and the adjustment of product structure. In recent years, with the rapid development of China's manufacturing industry, the application of plastics is becoming more and more common, and the amount of plastics is increasing from time to time. Especially after joining the WTO, it has brought unprecedented opportunities for the development of the plastics industry.

In recent years, although China's engineering plastics industry has been developing rapidly, consumption can progress from time to time, the variety is also increasing, but still can not meet market demand, most of the high-end products still use imported raw materials.

5. recycling of waste plastics has become a hot topic.

First, the use of recycled materials to reduce costs, this market can not be ignored, accounting for almost one-fifth of the total amount of Engineering plastics, but the quality of good and bad, the urgent need for standards, otherwise it will form the use of engineering plastics on the wrong track and reputation deterioration, will also have a serious impact on the internal quality of downstream products. Eventually, the domestic engineering plastics industry will not develop well. On the other hand, it is to implement the concept of circular economy, to reduce environmental pollution, save energy and resources, which is encouraged and supported by the country. In short, the recycling of waste plastics will become a must for the whole industry.

6. domestic industry situation

The domestic engineering plastics market has broad prospects and great potential for development. The labor cost is lower than that of the prosperous country, and the quality of personnel is higher than that of other developing countries. The strength of resin synthesis is being strengthened. It has a sound industrial chain of plastic modification, additives, moulds, processing and application, and the corresponding foundation. China's society is stable and has a comparatively loose market environment. All these are favorable factors for the development of the industry. But there are also some unfavorable factors, such as relatively low degree of technical equipment, lack of independent central technology, unreasonable product structure, low proportion of special materials, more middle and low-grade products. The degree of operation management and labor consumption is not high, the concentration degree of industry is low, and regional development is unbalanced. Therefore, we must rely on the level of technological progress and progress to speed up structural adjustment and promote the development of industries.

Enterprises must be market-oriented, increase investment in science and technology, and enhance production, learning and research cooperation, so as to form an effective operating mechanism conducive to technological innovation and transformation of scientific and technological achievements. We will strengthen international technical exchanges and cooperation, adopt new consumption patterns and operational management forms, and expand market share.

China is a big country of plastic machinery and mold processing. The key to accelerate the development of plastic products is to improve the manufacturing level of plastic machinery and mold and adopt advanced processing methods. We should develop new products with independent intellectual property rights, enhance the digestion, absorption and innovation of imported advanced equipment, and improve the overall level of plastic machinery and complete sets of equipment.

Strengthen application research, develop marketable new products, open up new application areas, strive to improve the proportion of plastic to metal, accelerate the pace of "replacing steel with plastic" and "replacing wood with plastic", and save resources and energy.

It is necessary to pay attention to the three wastes pollution in the process of plastic consumption and application, and to apply new technology to do a good job in environmental protection management. Enhance the recycling of waste plastics, so as to achieve economic, social and environmental harmony.

7. future development

"12th Five-Year" is still "development is the absolute principle", and scientific development is also the absolute principle. Changing the concept of development, innovating the form of development, and improving the quality of development, the economic and social development into a comprehensive, harmonious and sustainable track, so that the mode of growth from extensive to intensive change. The transformation of growth mode means that we should rely on excessive investment of capital, natural resources and environment to achieve economic growth by expanding in quantity and relying on improving labor consumption rate and technological progress and efficiency. At present, the old road of high input, high consumption and low output, which has been continuously promoting China's economic growth since liberation, has come to an end. It is impossible for China's economy to achieve sustainable development. The global contradiction of population, resources and environment is becoming increasingly sharp, which makes our modernization face a severe challenge. Progressing independent innovation ability, transforming the mode of economic growth, developing circular economy, establishing a resource-saving and environment-friendly society, and taking a new road to industrialization will be the main strategic objectives of the future.