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Demand For Engineering Plastics Has Increased
Jul 11, 2018

Due to the rapid development of China's automobile, electronics and construction industries, China has become the world's fastest growing demand for engineering plastics. According to the analysis, with the continuous development of domestic economy, the demand for engineering plastics will be further increased, and the development prospect of China's engineering plastics industry is very broad. In the household appliance industry, the annual demand for engineering plastics for refrigerators, refrigerators, washing machines, air conditioners and other small household appliances will reach about 600,000 tons. The amount of engineering plastics used in communications infrastructure and in railways and roads is even more impressive, with total demand expected to reach more than 4.5 million tons in the coming years.

In 2010, China's consumption of engineering plastics reached 2.443 million tons, up 11% year on year. In 2011, China's consumption of engineering plastics was 2.72 million tons, up 11.34 percent year on year. It is estimated that China's consumption of engineering plastics will reach 3.37 million tons in 2013 and 4.17 million tons in 2015.