1. It will be normal for environmental governance policies and enforcement measures to become more stringent. The current industry operations are affected, and the long-term development of the green plastics industry is healthy.
2. The import of solid waste is prohibited, which leads to the adjustment of the waste plastics processing industry. Some application areas, products, and operational benefits of enterprises are affected. Industrial adjustment, product structure upgrade, processing technology, technology upgrade, and the improvement of domestic plastic recycling system will affect the trend of this industry.
3. The trend and outcome of the Sino-US trade wars confirm the strategic significance of the “Belt and Road Initiative” and the concept. As far as the plastics industry is concerned, actively participating in the implementation of the “Belt and Road” and opening up a larger plastics foreign trade market including the United States is the way to expand the overseas market of the plastics industry.
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4. The road for the plastics industry to shift from scale to quality industry is still very long. Industry innovation capabilities (including research and development, branding, independent intellectual property rights, talents, etc.) do not match or under-support the huge industry scale. The plastics processing industry is still in the early stage of quality industry and has low anti-risk ability. The industrial chain of plastics processing industry (involving raw materials, processing equipment, molds, chemical additives, processing technology, etc.) industrial science adjustment, enterprises to improve internal strength, do a good job in each link, is the task and goal in the future.
Founded in 2003, Jiangsu Hongmei Masterbatch Co., Ltd. is located in Changzhou National High-tech Development Zone. It is an early enterprise engaged in R&D, production, sales and service of plastic masterbatch. After more than ten years of steady development, the company is currently one of the largest polyolefin masterbatch manufacturers in East China, and its business scale ranks among the top in the domestic industry.
