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Plastics have become a trend to replace steel and wood

It is reported that the current total annual demand for modified plastics in my country is about 5 million tons, accounting for 10% of total plastic consumption, which is far lower than the world average. Analysts in the chemical industry believe that the current overall development level of my country’s modified plastics industry is not very high. The production scale of enterprises in the industry is generally small, the product market produces many primary products, the quality of intermediate products is not stable enough, and the lack of advanced products is characteristic. It is far from meeting the needs of my country's current social and economic development. As an important component in the field of new chemical materials, modified plastics have been listed as one of the key scientific and technological fields for development by the country. Since the successive introduction of various policies in my country, the development of the modified plastics industry will be further promoted. The automobile and home appliance industries are hot spots for the development of modified plastics, and both account for more than 50%.

The application of plastics in the automotive industry has a history of more than 50 years. With the development of automobiles in the direction of light weight and energy saving, higher requirements are put forward for materials. Because 1kg of plastic can replace 2-3kg of steel and other heavier materials, and every 10% reduction in the weight of the car, fuel consumption can be reduced by 6%-8%. Therefore, increasing the amount of modified plastics used in automobiles can reduce the cost and weight of the entire vehicle, and achieve energy-saving effects. The amount of different plastics used in passenger cars and commercial vehicles is also different. The demand for modified PP, PC alloy and modified ABS was approximately 114.63, 15.13 and 149,700 tons respectively last year. The modified plastics market for home appliances in my country is mainly occupied by foreign companies, and domestic modified plastics companies account for less than 1/3 of the market. Since the products of domestic enterprises are mostly limited to low-tech and low-standard levels, the ability to develop fields with high-performance requirements is obviously insufficient.
According to the "2009-2012 China Modified Plastics Industry Market Analysis and Investment Value Research Report", with the substantial improvement of people's living standards and the improvement of technical means, the domestic "plastics for steel" and "plastics for wood" will Become a trend. The editor of Inheritance Plastic Electronics believes that the modified plastics industry, as a sub-industry with the fastest growth and great potential in the plastics processing industry, is expected to maintain a growth of more than 10% in the total market demand in my country in the next 5 years.