Development trend of plastic products industry!

Plastic products have become an indispensable part of people's lives, with the development of household appliances, automobiles, engineering, construction, real estate industry and other industries. With the rapid development of energy conservation and environmental protection industry, plastic products with light weight, low cost, strong plasticity and other advantages in automobiles, aircraft, rail transit more and more widely used.

According to relevant data, from 2010 to 2021, the global plastic production increased from 265 million tons to 390 million tons, with a compound annual growth rate of 3.58%, and the growth trend is stable.

From the perspective of the regional distribution of global plastic products production, Asia is the largest region in the world for plastic products production. In 2020, the region's plastic products production accounted for 52% of global plastic products production, much higher than the world's second plastic market North American Free Trade Area and the world's third largest plastic market Europe. Among them, in the global and Asian plastics market, China is the largest country in the production of plastic products, and in 2021, China's plastic production accounted for 32% of the global plastics market share, and the annual growth rate of production exceeded that of other countries and regions.

As an important material industry, the plastic industry has played an important role in promoting modern industrial and economic development. As technology continues to advance and environmental awareness grows, the plastics industry will continue to evolve and meet new challenges. In the future, driven by technological innovation and sustainable development, the plastics industry will create a better future for mankind.

Jiangsu Pulek Red Plum Color masterbatch Co., Ltd. was established in 1990, the company is the earliest engaged in the research and development, production, sales and service of polymer composite coloring materials industry leading enterprises, is currently one of the largest polyolefin color masterbatch production enterprises in East China.