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Plastic industry is full of uncertainty 2018 or can benefit from it
- Jun 05, 2018 -

Plastic industry is full of uncertainty 2018 or can benefit from it.

In July 2017, although the plastic industry began to shake off the impact of the European debt crisis, plastic machinery suppliers predicted that the plastic market was still quite unascertain in the next 6-9 months due to the fall in the upstream crude oil, naphtha and Asian ethylene quotations and the pressure of insufficient demand in the downstream market. Qualitative.

The data show that in the first half of the year, the total number of Enterprises above the scale of the national plastics industry were 18 thousand and 800, and the total industrial output value was 486 billion 166 million yuan, accounting for 1/10 of the total output value of the light industry. The first half of this year increased by 8.1% over the previous year, and the cumulative growth rate was 0.6 percentage points higher than that in May. At present, the annual growth rate of China's plastic pipe market has reached 15%, ranking first in the world.

Experts predict that the second half of 2018, the plastic industry will shake up, the monthly fluctuation will be, but in general, due to macro pull, the growth of about 10% can be achieved. In addition, with the accelerated pace of urbanization and the increase of municipal pipeline construction projects, plastic pipes and plastic films in the main consumption fields of polyethylene have rigid demand, and the base industry of the plastics industry will not be affected.

Recently, the housing sector has begun to show signs of growth, and new housing starts also play a role in the development of the plastic industry. There are many signs that the main terminal market in the plastic industry has begun to continue to recover. In particular, by 2018, plastics have increased opportunities in the development of motor vehicles, medical products, packaging, aerospace and computer fields, and are expected to gain greater benefits.