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The Evolution of Modified Plastics: Industry Overview and Future Trends.

Views: 0     Author: Yinsu Flame Retardant     Publish Time: 2023-06-16      Origin: https://www.flameretardantys.com/

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The Evolution of Modified Plastics: Industry Overview and Future Trends.


1. Basic situation of modified plastics industry


Modified plastics are general-purpose plastics (such as polyethylene PE, etc.) and engineering plastics (such as polyamide PA, etc.) based on processing modification, so that they have flame retardant, impact resistance, high toughness and other more superior performance. The applications of modified plastics cover traditional industries such as home appliances, automobiles, office equipment, electronics and electrical, and high-tech fields such as rail transportation, precision instruments and new energy. Thanks to the rapid development of many downstream industries such as automobiles and home appliances and the increasing demand for new materials, the domestic market for modified plastics has been increasing at a high level in recent years.


As a new material product, modified plastics belongs to the national strategic emerging industries, so it is encouraged and supported by national policies, and the central and local governments provide a good policy environment for the healthy and stable operation of the industry. Among them, "Made in China 2025", "The 14th Five-Year Plan of National Economic and Social Development of the People's Republic of China and the 2035 Visionary Goals Outline", "13th Five-Year Plan of National Strategic Emerging Industries Development", etc. set the direction for the development of modified plastics technology. With the increasing global awareness of energy conservation and environmental protection, prompting the development of automotive and home appliances to lightweight, thin direction, plastic products on metal and other material substitution effect is obvious, and has a higher impact strength, high temperature resistance and other characteristics, can achieve effective replacement of other materials, modified plastics industry has a huge potential for growth.

6.17. Industry Overview行业基本情况

2. The development trend of modified plastics industry


(1) The downstream demand-driven modified plastics industry upgrade development


China's modified plastics industry has a vast market space and huge development potential. With the change of technology, 5G communication, Internet of Things, artificial intelligence AI, 3D printing and other technologies, intelligent life, the rise of new energy vehicles and other fields, from the market point of view, the requirements for material performance will continue to improve, and promote the development of innovation in the modified plastics industry continues to increase. At present, China's low-end modified plastics overcapacity, and high-end modified plastics still relatively high external dependence, high-end modified plastics localization is inevitable, with low density, high rigidity, high toughness, high temperature resistance, low volatile organic compounds plastic products will be more and more widely used, the market will give rise to more high-quality modified plastics demand, differentiated high-end modified plastics will usher in a broader space for development.


(2) Market competition will intensify, the concentration of the industry will gradually increase


At present, the number of modified plastics manufacturers in China is large, the industry competition is fierce, but because of the large number of enterprises and generally small, scattered production capacity, compared with large international enterprises, the overall technical capacity of China's modified plastics industry is still a gap. Smaller, homogeneous technology, lack of independent research and development capabilities, poor quality products will be gradually eliminated by the market, the market will gradually emerge a number of international large enterprises can rival the excellent enterprises, the gradual increase in industrial concentration will become the overall development trend.

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(3) Manufacturing towards automation, intelligent


China's modified plastics industry is generally low level of production equipment is one of the important reasons for the unstable product quality and relatively few high-end products. At present, some qualified enterprises have combined their actual situation, large-scale technological transformation, and continue to improve the automation of manufacturing, intelligent level, so as to improve the stability of product quality, and continue to promote industrial upgrading.

Yinsu flame retardant is a factory, focuses on manufacturing non halogen, low smoke and non-toxic flame retardants for various of applications. It develops different chemical and plastic additive.

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