Industry News

History of plastic products

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 plastics industry plays an extremely important role in the world today. The production of plastic products has been developing at high speed in the world for many years. . China's output of plastic products has always been at the forefront of the world rankings, and the output of various plastic products has been ranked first in the world. China has become a major producer of plastic products in the world. From 2001 to 2010, the annual growth rate of China's plastic products production remained above 15%. In 2010, the total output of China's plastic products reached 58.3 million tons.

From the perspective of demand, China's per capita plastic consumption is still far from the developed countries. According to statistics, as a measure of the development level of a country's plastics industry, the ratio of plastics to steel is only 30:70 in China, which is less than the world average of 50:50, far less than developed countries such as 70:30 in the United States and 63:37 in Germany. In the future, with the technological advancement and consumption upgrade of China's modified plastics, China's plastic products need to be expected to maintain a growth rate of more than 10%.