Analysis of the development prospects of the plastics market in 2020!

1. The adjustment of industrial structure will continue the good momentum

In 2020, with the further increase in industry concentration, the stronger the stronger the polarization will continue, and the market share and profit growth will further concentrate on advantageous enterprises and new industries.

2. Accelerate ecological construction and green and sustainable development of the industry

The 10th meeting of the Central Committee for Comprehensively Deepening Reforms held on September 9, 2019, reviewed and approved the "Opinions on Further Strengthening the Treatment of Plastic Pollution". The meeting pointed out: Actively respond to plastic pollution, firmly establish new development concepts, and orderly prohibit , Restrict the production, sales and use of some plastic products, actively promote recyclable and easily recyclable and degradable alternative products, increase the supply of green products, regulate the recycling of plastic waste, establish and improve management systems for all links, and effectively control plastic pollution in an orderly and effective manner. Plastic industry personnel actively participate in making a difference.

Looking forward to 2020, the industry's ecological construction and green sustainable development will accelerate. In the production area, it is necessary to improve industry self-discipline, adhere to green and environmentally friendly production, reduce the disorderly discarding of plastic particles and finished products from the production, transportation, and sales of plastic products; advocate the scientific and rational use of plastic products and promote the repeated use of plastic products. Use and recycling of plastic packaging; in the field of recycling, we should actively and scientifically promote the garbage classification system, improve the collection and disposal of plastic waste, strengthen the scientific and systematic management of the recycling and utilization of waste plastics, and form a long-term mechanism.

Jiangsu Hongmei Color Masterbatch Co., Ltd. was established in 2003. 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 domestic counterparts. Securities abbreviation: Hongmei color mother, stock code: 871968.