Analysis of the development potential of the plastic products industry in 2020!

After decades of rapid development, the plastic products industry has continued to develop and change in the adjustment, transformation and upgrading of the industrial structure. At present, the plastics processing industry has entered a new stage of further development.

In recent years, the export volume of the plastic products industry has shown a steady growth trend. According to data, as of October 2019, the export volume of plastic products was 11.61 million tons, a year-on-year increase of 9.6%; the export value was 39069.01 million US dollars, an increase of 11.3%. In November, the export volume of plastic products was 1.231 million tons, down 5.7% year-on-year, and the export value was US$4321.8 million, an increase of 0.5% year-on-year.

Jiangsu Praike Hongmei Color Masterbatch Co., Ltd. was established in 2003. It is the earliest domestic enterprise engaged in the research and development, production, sales and service of plastic color masterbatches. The company's products are mainly composed of three major systems: plastic masterbatch, functional masterbatch, and modified materials. Plastic masterbatches include white masterbatches, black masterbatches, color masterbatches, polypropylene chemical fiber masterbatches and other series of products. Functional masterbatches include antistatic, anti-aging, flame retardant, smooth, anti-fogging and other products. The company's products are widely used in plastic processing companies such as injection molding, extrusion, coating, casting, wire drawing, blow molding, and spinning.