Strong Market Demand Drives Rapid Development of Plastic Machinery Industry in China

"In the past year, China's plastics industry has witnessed significant growth in various economic indicators over the previous year. Market demand is strong, further demonstrating the characteristics of the "sunrise industry" in China's plastics industry, indicating that the "Eleventh Five-Year" China's plastics industry is strong. The momentum of development will also drive the rapid development of China's plastics machinery industry.” On January 31, at the press conference of the 2007 China Rubber and Plastics Expo held in Beijing, Liao Ruzhen, president of the China Plastics Processing Industry Association, analyzed the domestic plastics industry. Machine industry trends.
Domestic demand drives the rapid development of the press industry
Liao authentic pointed out that the rapid development of China's plastics machinery industry is due to the following factors:
The output of synthetic resin is high and the plastic machinery shows a strong growth momentum. According to statistics from the National Bureau of Statistics, in 2006, the annual output of synthetic resins reached 25.387 million tons, an increase of 17.6% over the previous year; the annual production of polyvinyl chloride resin was 8.238 million tons, an increase of 23.28% over the previous year; 59.93 million tons, an increase of 15.04%; polypropylene resin annual output of 5.841 million tons, an increase of 12.66%; annual output of 8.18 million tons of polyester, an increase of 2.24%; plastic machinery annual output of 526,000 tons, an increase of 32.47%, showing China's plastics market demand for stable and healthy growth.
The output of plastic products still maintained double-digit growth, and the increase in major products was relatively large. According to statistics on 12579 large-scale enterprises in China's plastic products industry, the annual output of plastic products enterprises in China is 28,019,000 tons, an increase of 18.68% over the same period of last year. Among them, the annual output of plastic film is 5,286,900 tons, an increase of 8.27%; the annual output of agricultural film 861,500 tons, an increase of 9.61%; the annual output of plastic profiles (including sheet and sheet) is 3,084,400 tons, an increase of 20.57%; plastic pipe ( Annual output of 2.8814 million tons including rods, an increase of 30.91% over the previous year; Annual output of plastic silk and woven products was 3.0128 million tons, an increase of 19.66%; Annual output of artificial leather was 839,600 tons, an increase of 8.24%; Annual output of synthetic leather was 527,800 tons , an increase of 7.13%; annual output of 1,103,500 tons of foam, an increase of 11.25%; annual production of plastic containers and containers 1,874,400 tons, an increase of 17.92%; daily production of plastic products 3.1087 million tons, an increase of 11.06%; The annual output of other plastic products was 6,749,600 tons, an increase of 30.7% over the same period of last year.
From January to November of 2006, China's plastic products industry achieved total industrial output value (current price) of 571.494 billion yuan, an increase of 25.83% over the previous year; main business income was 550.771 billion yuan, an increase of 24.78% year-on-year; total profits and taxes were 36.507 billion yuan, a year-on-year increase of 28.29%. Total profit was 23.499 billion yuan, a year-on-year increase of 32.34%.
"It can be seen from this that China's plastic products companies are developing toward large-scale, industrial concentration is gradually increasing, and the overall level of the industry is continuously increasing." Liao said, "In the future, the focus of the industry associations should be on the support of key large enterprises. To cultivate a group of large enterprise groups."
According to customs statistics, in 2005, a total of 16.604 billion yuan in exports of plastic products, an increase of 30%; imports 8.29 billion yuan, an increase of 17.26%. From January to November 2006, the cumulative export of plastic products was 18.483 billion yuan, an increase of 23.13% year-on-year; import was 8.656 billion yuan, a year-on-year increase of 17.41%. From the statistics of import and export of plastic products in the past two years, China’s dependence on imports of plastic products is gradually decreasing.

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