Analysis of the demand prospects of the modified plastics industry in 2021!

As the global awareness of energy conservation and environmental protection continues to increase, it has promoted the development of automobiles and home appliances in the direction of lighter weight and thinner. Plastic products have obvious substitution effects on metals and other materials. Among them, long glass fiber reinforced plastic products can effectively improve mechanical performance and have more High impact strength, high temperature resistance, etc., can effectively replace other materials and promote the rapid development of the modified plastics industry.

From 2010 to 2019, the output of modified plastics increased year by year. In 2020, the domestic plastic output was 103.55 million tons, an increase of 7% year-on-year, the modification rate was 21.7%, and the output of modified plastics was 22.5 million tons.

Jiangsu Hongmei Color Masterbatch Co., Ltd. was established in 1990. The company is an industry leader engaged in the research and development, production, sales and service of polymer composite coloring materials earlier in China. It is currently the largest polyolefin in East China. One of the color masterbatch manufacturers, the scale of business ranks among the forefront of the domestic counterparts.