The prospect of modified plastics industry is considerable!

With the steady growth of the domestic economy and the increase of the urbanization rate, the demand for modified plastics in the field of household appliances will maintain a relatively stable and small growth. The automobile industry has gradually entered a mature period, and the growth of production and sales is expected to remain at about 2~3%, but it still faces a period of adjustment. However, with the development of automotive lightweight technology and the rapid growth of new energy vehicles, The average use of a single car in the automobile industry will rise significantly. It is expected that the demand for modified plastics in the automobile field will remain relatively stable in the next two years, and there may be a small decline, but in the long term, the demand of the automobile field will remain at about 4~5% growth in the next few years.

In general, the demand for modified plastics will maintain a relatively stable growth rate, and the industry has a better development prospect.

Jiangsu Pulek Red Plum masterbatch Co., LTD., founded in 1990, is one of the leading enterprises engaged in the research and development, production, sales and service of polymer composite coloring materials in China. It is one of the largest polyolefin masterbatch manufacturers in East China.