Status of China's plastic products industry in 2020

Status of China's plastic products industry in 2020

Plastic products are the general term for daily, industrial and other articles processed using plastic as the main raw material. Including all craft products such as injection molding and blister using plastic as raw material. Plastic is a kind of plastic synthetic polymer material.

There are as many as 30 molding methods for plastic processing, which mainly depends on the type of plastic, the choice of form and the shape and size of the product. Commonly used plastic processing methods are thermoplastic extrusion, injection molding, calendering, blow molding, and thermoforming. Thermosetting plastic molding commonly used in plastic processing also uses transfer molding, injection molding, laminate molding, and thermoforming.

With the rapid development of China's economy and the needs of the development of the construction industry, China's plastic building materials products have a huge market space. In 2020, the output of plastic products in China was 76.03 million tons, a decrease of 5.81 million tons from the previous year, a year-on-year decrease of 7.1%. Among them, the output of plastic products in China in December was 7.75 million tons, an increase of 0.3% year-on-year.

From the perspective of the output of various provinces and cities across the country, the top ten regions for the output of plastic products in the country in 2020 are Zhejiang Province, Guangdong Province, Jiangsu Province, Fujian Province, Anhui Province, Sichuan Province, Hubei Province, Hunan Province, Shandong Province, and Chongqing City. ; Among them, the output of plastic products in Zhejiang Province is 12.802 million tons, ranking first in the country; the output of plastic products in Guangdong Province is 12.749 million tons, ranking second in the country.

By region, the output of plastic products in my country is mainly concentrated in East China, South China, and Central China. East China accounts for 47.8% of output, South China accounts for 19.1%, Central China accounts for 12.9%, and Southwest China accounts for 12.9%. Than 11%.

From the perspective of industry benefits, the impact of the restriction on plastics in 2020 will reduce the output of plastic products in my country and reduce operating income. In 2020, the cumulative operating income of plastic product manufacturers nationwide was 1888.01 billion yuan, a decrease of 18.74 billion yuan from the previous year and a year-on-year decrease of 0.98%.

In 2020, the output of plastic products in my country will decrease and operating income will decrease, but the growth rate of total profit will maintain a growing trend. In terms of economic benefits, in 2020, the national plastic product manufacturers will realize a total profit of 121.52 billion yuan, an increase of 16.07 billion yuan over the previous year and a year-on-year increase of 15.24%.

In recent years, the functions of China's plastic products have been effectively improved, the export volume of plastic products has steadily increased, and the export situation continues to be optimistic. In 2020, the national export volume of plastic products was US$85.27 billion, an increase of US$36.96 billion over the previous year and a year-on-year increase of 19.6%.

With the gradual transformation and upgrading of the industrial structure, the proportion of high-end products has gradually increased, the basic supporting service functions have been continuously improved, the market space is still large, the output value can maintain a high growth rate, and the basic application field that meets the general needs of the society can maintain a steady growth. Under the circumstances, the high-end application fields are gradually strengthening, the plastic products industry is still in an upward development stage, and the transformation and upgrading are progressing steadily.