Global Plastic Additives Industry Development Overview and Competitive Landscape Analysis

Plastic additives, also known as plastic additives, is a polymer (synthetic resin) for moulding and processing in order to improve its processing performance or in order to improve the performance of the resin itself is insufficient and must be added to a number of compounds. For example, in order to reduce the molding temperature of polyvinyl chloride resin, so that the products are soft and add plasticizers; and in order to prepare lightweight, vibration, heat insulation, sound insulation foam and add foaming agent; some plastics thermal decomposition temperature and molding temperature is very close to the molding process, do not add heat stabilizers can not be molded.
Therefore, plastic additives occupy a particularly important position in plastic moulding processing. Plastic additives can be classified in various ways, and the more common method is to classify them according to their functions and roles. In the function of the same category, often also according to the mechanism of action or chemical structure type further subdivision.
(I) Market Overview
At present, plastics are mainly divided into two categories according to the use of general-purpose plastics and engineering plastics. General-purpose plastics generally refers to large production, wide range of uses, good moulding, low-priced plastics, polyvinyl chloride (PVC), polyethylene (PE), polystyrene (PS), polypropylene (PP), acrylonitrile-butadiene-styrene (ABS) plastics are the five most commonly used general-purpose plastics, of which PVC is the main one.
Plastic additives are associated with the plastics industry, and their development is closely related to the development of the plastics industry. PVC products are widely used in the production of chemical building materials, agricultural PVC plastic products, industrial PVC plastic products, packaging materials and other production areas due to the advantages of low cost, easy to install and use, not easy to corrode and aging, and good heat preservation performance.
From China's current consumption structure of PVC products, PVC rigid products and soft products accounted for 59.2% and 40.8%, of which, industrial civil construction projects is the main demand for rigid PVC, pipes accounted for about 13.3% of the share of profiles, doors and windows accounted for 22.9% of the market share; soft products, the largest amount of film.
Plastics processing industry with China's sustained economic prosperity to maintain high growth, development potential. In the country to promote energy conservation, emission reduction and circular economy development policy, economic and technological innovation, socialist new countryside construction speed development accelerate, urbanisation process continues to promote people's living standards improved significantly, prompting domestic consumption rise and other positive factors, the great development of the plastics industry has been further promoted.
In recent years, with the development of China and the global economy, PVC products industry scale is expanding, product output increased year by year, the main economic and technical indicators increased significantly, the orderly development of the industry continues to grow, along the way to achieve the plastics industry from a large country to a strong sustainable development of the road forward.
At present, the plastic additives categories of complex, multi-functional, throughout the resin synthesis, processing and final application of plastic products in all aspects of the plastic additives industry has become an important branch of the fine chemical industry.
(ii) Global plastics additives industry situation
At present, the world engaged in the production of plastic additives in Asia, Europe, the United States and other continents, large international manufacturers due to strong financial strength, broad technology, engaged in related industries for a longer period of time, so more engaged in the production of a variety of plastics additives, longer industrial chain, the production of high-end plastics additives than the major.
Due to the low labour cost in Asia (except Japan) and the large market size, the world plastic additives industry gradually transferred to Asia, Asia, especially China gathered most of the manufacturers. Therefore, in recent years, the rapid growth of plastic additives, China has played an important role in the world's largest and fastest-growing market, has been far ahead of other countries.
In recent years, with the wide application of plastics, the global plastic additives industry has achieved rapid growth. Over the past few years, the world demand for plastic additives to an average annual average of about 3-4% of the average rate of sustained growth, Europe, North America and Asia-Pacific (excluding China) demand for an average annual growth rate of 3%, China's average annual growth rate of plastic additives as high as 8-10%, the average annual growth rate of demand in other regions is 5-6%. It is predicted that in the next period of time, the plastic additives market will continue to grow at a rate of 3% -4%.