Competition status of modified plastics industry!

In terms of the composition of modified plastic products, mainly modified PP, modified ABS, and modified PS are the main products. In 2018, the three output accounted for 40%, 29%, and 7% of the modified plastic market, and PET, modified POM and modified PPO accounted for a small proportion.

The downstream applications of modified plastics mainly include home appliances, automobiles, office equipment, electrical and electronic tools, and electric tools. Among them, the home appliance and automobile fields are the main application fields, accounting for 37% and 23%, respectively. With the continuous advancement of the “plastic instead of wood” policy, the performance of modified plastics has been continuously enhanced and improved, and the downstream demand areas for modified plastics will be more extensive in the future.

Foshan Shunde Huabiao Plastic Technology Co., Ltd. is a professional technical enterprise engaged in the research and development, production and sales of plastic additives, plastic master batches, and special modified plastics.

Huabiao Plastic Technology, through professional, innovative, comprehensive technology and cost-effective functional products, creates great value for your business.