Plastics industry development market prospects!

According to the current situation of market development, it is conservatively estimated that in 2022-2027, the average annual compound growth rate of plastic products demand in China will be 6%, and by 2027, the demand for plastic products in China will be close to 12 million tons.

While basic application fields that meet the general needs of society maintain steady growth, high-end application fields are gradually expanding. The plastics industry is still in the stage of rising development, and the transformation and upgrading are steadily advancing. The development trend of replacing steel with plastic and wood with plastic provides a broad market prospect for the development of the plastics industry.

Lu'an Qing song Masterbatch Co., Ltd specializes in the production of non-woven masterbatches, polypropylene masterbatches and other materials such as spinning, drawing, BCF and other PP masterbatches, and also produces a variety of environmental protection masterbatches, functional masterbatches, blown film masterbatches, injection molding masterbatches, engineering plastic modified masterbatches and reinforced masterbatches. To undertake the sample color matching production, with accurate color matching, fast speed, good price and other characteristics.