Plastic additives industry momentum is strong
In recent years, in order to improve the economic efficiency and scale economies, reduce costs and enhance the competitiveness of large-scale multinational chemical companies in the world, mergers, cooperation and reorganization has formed a trend. In addition, regulations and regulations on the use of chemicals and their safe use have been introduced, such as European Waste Electrical and Electronic Equipment (WEEE), Hazardous Substances (RoHS) and REACH regulations. These regulations have had a profound impact on the plastics additive industry. Www.kangjiebao.com refrigerators by the automotive industry and packaging industry to stimulate the production of recovery, the global demand for plastic products strong growth, thereby driving the rapid growth of demand for plastic additives. Experts predict that by 2014, the global plastics additive market is expected to grow at an average annual rate of 5%. Strong growth in market demand has prompted global plastic additive producers to announce expansion plans, as well as a series of product price increases. The rapid rise in raw material costs is a major factor in the price increase of plastic additives, producers say. Plastic additives are associated with petrochemical industry. The rapid growth of plastic products market demand has driven the rapid development of petrochemical industry, but also to promote the plastic additives industry progress. Www.kangjiebao.com incubator global plastic additives market has also developed a steady development of the Chinese market. According to the demand type, modifier accounted for 51%, performance supplement accounted for 41%, processing additives accounted for 8%. 12% of the plasticizer, 14% of the flame retardant, 12% of the heat stabilizer, 10% of the impact improver, 9% of the antioxidant, 6% of the lubricant, and the light stabilization Agent accounted for 3%, the other accounted for 14%. Ranking the global demand for plastic additives 35% of the Asia-Pacific regional hub location, China's plastic additives business can do much. With the improvement of product quality and performance requirements, the development of efficient and versatile plastic additive products has become the focus of large foreign companies and scientific research institutions. For example, plastic packaging industry, especially for food and pharmaceutical packaging of plastic manufacturers, vitamin E class of antioxidants showed great interest, in addition, in Europe, "one stop" type packaging has been widely welcomed, this technology is Refers to the various additives in accordance with the appropriate proportion and method of compound mix, composed of a certain characteristics of the system, so that users do not have to add classification, simplifying the addition and calculation process, so that products with excellent physical properties, is one of the future direction of development The The growing demand for plastic additives in developing countries is growing, mainly in Asia, Africa and other regions, the local enterprises produce varieties and the number can not meet the local needs. Plastic additives, advanced technology are in Europe, Japan, the United States and other regions of the world's leading enterprises, and its production base are mostly located in these countries. In order to pursue higher sales and product profits, these companies have been looking to Asia, Africa, Latin America and other developing countries and regions, and through direct investment in the local, to seek partners, and local enterprises to set up factories and other forms Gradually into these markets. Into last year, the plastic additive market has come out of the shadow of the financial crisis, the current market stronger than expected, mainly by the strong growth in demand in China stimulus. The current US and European installations are working to meet the growing demand in China and the Middle East. For example, South Korea's Matsushima industry's expansion plans will be mainly in the Middle East and Asia-Pacific region. China has become the focus of demand for plastic additives in the Asia-Pacific region, the average annual growth rate will remain at 8-10%, the growth rate is much higher than the world average growth rate of plastic additives industry.