The development of engineering plastics industry will usher in a good time

In 2011, the domestic consumption of engineering plastics in China reached approximately 2.71 million tons, an increase of 10.93% over 2010. It is expected that in the 4 to 5 years from the delta, the demand for engineering plastics will probably continue to maintain a growth rate of over 10%. Champ Consulting chemical industry analysts believe that the domestic engineering plastics industry is ushering in its unprecedented development opportunities. On the one hand, thanks to the rapid development of the domestic automobile industry, the demand for engineering plastics consumption will surely be affected and further boosted. In fact, compared with 42% of the world's engineering plastics used in the automotive industry, the proportion of engineering plastics in China accounts for about 10%. The development space for δ is undoubtedly broad. On the other hand, with the clear demarcation of engineering plastics, In the field of new materials, domestic engineering plastics will usher in a leap-forward development, and its strategic λ will also continue to increase. Especially in emerging industries such as solar energy and electric vehicles, engineering plastics will be more widely used. From this perspective, the prospects for the development of engineering plastics are undoubtedly bright.

In this regard, the industry analysts pointed out that the development of engineering plastics should be regarded as the most wise choice for the current development of engineering plastics enterprises. Judging from the current development of the entire domestic engineering plastics market, China's domestic engineering plastics are still in the initial stage of development. Mainly manifested in: the general degree of industrialization is still not very high, the industry structure and product structure have yet to be further improved. In particular, the research and development and production of high-end engineering plastics have severely limited the industry's upward momentum.

According to the "2012-2016 China Engineering Plastics Market In-Depth Survey and Research Report" released by Champ Consulting, the potential for the development of China's engineering plastics industry is still imaginary, and the market is particularly attractive. At the same time, the domestic engineering plastics industry is also required to continuously accelerate the establishment of a relatively complete engineering plastics industry body dominated by domestic companies, thereby fundamentally improving the overall level of the domestic engineering plastics industry, and better meet the development needs of the market.