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China Engineering Plastics Industry will Reach US$5 Million By 2017 - Engineering Plastics Market, Share, Size, Analysis, Market Scale, Competition and Forecast 2013-2017
Date:4/12/2013

Albany, NY (PRWEB) April 12, 2013

Research and Development Prospect of China's Engineering Plastics Industry, 2013-2017" which mainly analyzes the market scale, competition, import, business performance of major enterprises, as well as the forecast of the industry development, which can provide enterprises and investors with decision-making reference.

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In recent years, engineering plastic has become the fastest-growing type in the plastics industry; the domestic annual consumption volume growth has reached more than 20%. With the sustained economic development, the engineering plastics are widely used in electrical and electronic, automobile, construction, office facilities and other industries; "plastics instead of steel" and "plastics instead of wood" have become the international trend.

As of H1 of 2012, there were more than 1,500 engineering plastics producers in China. The regional distribution of these enterprises is unbalanced; at present, China's main engineering plastics production bases are mainly concentrated in Jiangsu, Shanghai, Henan and Zhejiang, of which, the representative enterprises are Bluestar Chemical, Yuntianhua Group (600096), Shenma Group and Kingfa Scientific and Technological Co., Ltd. (600143). The production bases of modified engineering plastics are mainly concentrated in Guangdong Province.

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In 2012, the engineering plastics consumption volume in China was about 2.995 million tons, increased by 10.5% over 2011. Huidian Research predic
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