The research on ABS engineering plastics in China has developed rapidly since 1960s. According to statistics, the total consumption of plastic alloy (including modified resin) in China is about 1.2-1.4 million tons, while the domestic supply is less than 600000 tons, and the annual import volume is as high as 900000 tons; moreover, ABS engineering plastics (mainly mixed resin and modified resin) are mainly used in household appliances, electronics, automobile and other industries in China. Compared with developed countries, the application market of plastic alloy in China still has a large gap Expand space.
Huge market demand potential
With the sustained and rapid development of China’s economy, the market demand potential of ABS engineering plastics in China is huge in the next few years, especially the rapid growth of electronic communication, automobile and construction industry, which will promote the rapid development of ABS engineering plastics industry in China.
It has not yet formed a scale
The research and production of ABS engineering plastics in China are still in a scattered state, which has not yet formed a scale. The overall level of the industry is low, which is far from the advanced level of foreign countries. In the domestic production structure of ABS engineering plastics, the production of special ABS engineering plastics with high added value is almost blank, which is basically the production of general ABS engineering plastics and modified products.