Plastics industry development market prospects!

According to the current situation of market development, it is conservatively estimated that in 2022-2027, the average annual compound growth rate of plastic products demand in China will be 6%, and by 2027, the demand for plastic products in China will be close to 12 million tons.

While basic application fields that meet the general needs of society maintain steady growth, high-end application fields are gradually expanding. The plastics industry is still in the stage of rising development, and the transformation and upgrading are steadily advancing. The development trend of replacing steel with plastic and wood with plastic provides a broad market prospect for the development of the plastics industry.

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Jiangsu Pulek Red Plum Color masterbatch Co., Ltd. was established in 1990, the company is the earliest engaged in the research and development, production, sales and service of polymer composite coloring materials industry leading enterprises, is currently one of the largest polyolefin color masterbatch production enterprises in East China.