Demand analysis of modified plastics industry in the field of home appliances!

Early modified plastics were only used in the production of non-core components. With the increasing performance of modified plastics in terms of flame retardancy, strength, impact resistance, toughness, etc., their application scope is also expanding. At present, the main modified plastics Used in automobile exterior parts, automobile interior parts, automobile functional parts, and automobile electronic parts, it has become an important part of automobile parts.

Data show that from 2009 to 2019, total automobile production increased from 13.791 million to 25.721 million, with an average annual compound growth rate of 6.4%. New energy vehicle production increased from 0.84 million in 2011 to 1.242 million in 2019. The compound annual growth rate reached 86.74%.

Jiangsu Hongmei Color Masterbatch Co., Ltd. was established in 2003. The company is located in Changzhou National High-tech Development Zone. It is the earliest domestic enterprise engaged in the research and development, production, sales and service of plastic color masterbatches. After more than ten years of steady progress With 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.