Demand analysis of modified plastics in the field of home appliances!

Early modified plastics were only used in the production of non-core components. With the increasing performance of modified plastics in terms of flame retardancy, strength, impact resistance, toughness, etc., their application scope is also expanding. At present, the main modified plastics Used in automotive exterior parts, automotive interior parts, automotive functional components, and automotive electronic components, it has become an important part of automotive parts.

The data shows that from 2009 to 2019, total automobile production increased from 13.791 million to 25.721 million, with an average annual compound growth rate of 6.4%. The production of new energy vehicles increased from 0.84 million in 2011 to 1.242 million in 2019. The compound annual growth rate reached 86.74%.

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