echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Forecast analysis of China's engineering plastics market status and industry competition pattern in 2022

    Forecast analysis of China's engineering plastics market status and industry competition pattern in 2022

    • Last Update: 2023-01-04
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    【Chemical Machinery and Equipment Network Market Analysis】China Business Intelligence Network News: Engineering plastics refer to plastics that can be used as structural parts of mechanical and electrical products under high mechanical stress, higher use temperature and more harsh chemical and physical environment conditions, which can be divided into two categories
    : general engineering plastics and special engineering plastics.
    At present, there are many domestic engineering plastic products manufacturers, but most of them are enterprises in lower level competition, and there is still a big gap
    between the production and quality control of domestic high-quality and high-performance products and the international advanced level.
     
    Market status of engineering plastics industry
     
    1.
    Demand for engineering plastics
     
    Engineering plastics can be used in wire and cable coatings, printed circuit boards, insulating films and other insulation materials and electrical equipment structural parts
    .
    At present, China's engineering plastics industry is in a stable stage of development, with the rapid development of China's automotive, electronic appliances and construction industries, at present, China has become the fastest growing country
    in the global demand for engineering plastics.

     
    Data show that from 2017 to 2021, China's demand for engineering plastics showed a steady growth trend
    .
    In 2021, China's demand for engineering plastics will be about 6.
    65 million tons, a year-on-year increase of 6.
    06%.

    Looking ahead, China's demand for engineering plastics will continue to gradually increase, and it is expected that the demand will reach 6.
    8 million tons
    in 2022.

     
    Data source: China Plastics Industry Association, China Business Industry Research Institute
     
    2.
    Distribution of engineering plastics enterprises
     
    At present, there are many participants in China's engineering plastics market, but most of them are small and medium-sized enterprises, the number of enterprises above designated size is small, the industry concentration is low, and the market competition is more fierce
    .
    From the perspective of regional distribution, East China is currently the region with the largest number of engineering plastics enterprises in China, accounting for 69.
    2% of the national total; Secondly, the proportion of enterprises in the central and southern regions and the northwest region was 18.
    5% and 6.
    9% respectively
    .

     
    Data source: China Business Industry Research Institute
     
    The competitive landscape of the engineering plastics industry
     
    Engineering plastic products industry is a high degree of marketization of the industry, the industry enterprises through the marketization of independent development of customers and selection of suppliers, according to customer needs to produce and sell products and obtain benefits
    .

     
    1.
    There are many plastic materials, process types, and application fields, and the industry concentration is low
     
    There are many different varieties of plastic materials, and different varieties of plastics have certain differences
    in performance and processing technology.
    At the same time, plastic parts have a wide range of applications, and products in different application fields have different characteristics, and the demand for plastic parts is quite different
    .
    It is also difficult for a plastic parts company to develop and establish advantages
    in various plastic characteristics, processes, and downstream fields.
    Companies in the industry tend to focus on specific types of materials, processes, or specific application areas, focusing resources on product development and customer development, and forming advantages
    in specific areas.

     
    Plastic parts manufacturing accounts for a relatively small proportion of the entire plastic products industry, but the types of plastic materials and processes are more diverse, and the downstream application fields are also very extensive
    .
    China's plastic parts manufacturing started late, compared with other sub-industries of the plastic products industry, the industry technical level is larger than the international advanced level, many enterprises in the industry are small in scale, and the industry concentration is low
    .
    At the same time, due to the large variety of plastic raw materials, processing technology and applicable environment, enterprises in the industry have also formed different positioning in terms of materials, processes and application fields, and the industry concentration is low
    .

     
    2.
    There is a gap in the development level at home and abroad, and the competition of domestic enterprises is clearly hierarchical
     
    There is still a certain gap
    between the development level of domestic engineering plastic products and the advanced level of foreign countries.
    Domestic enterprises are mainly small and medium-sized enterprises, and some excellent enterprises have reached the strength of competition with international enterprises, and the domestic plastic parts industry has formed a relatively clear level of competition
    .

     
    Enterprises at a higher level of competition have a strong level of research and development technology, master a variety of material characteristics, processing technology and quality control technology, have a multi-category product chain, the products produced can continue to stably meet high quality standards and performance requirements, and have material formula, mold and product design and development capabilities, mainly for domestic and foreign high-end customers to supply plastic parts products, this level of competition is concentrated in R & D design capabilities, quality management and customer service; Enterprises in the low-end level of competition do not have independent design capabilities, process control and quality management level is low, small scale, mainly relying on lower prices to participate in market competition, such enterprises are difficult to enter the international brand supply chain system, can not compete with higher-level plastic parts manufacturers
    .

     
    Original: Forecast analysis of China's engineering plastics market status and industry competition pattern in 2022
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.