China has become one of the world's largest production and consumption markets for injection molding products
Plastic products are a general term for household and industrial products processed with plastic as the main raw material, including injection molding, blister and other products that use plastic as raw material. With the advantages of light weight, low cost and strong plasticity, injection molding products are more and more widely used in national economy and society such as home life, household appliances, consumer electronics, automobiles, medical equipment, rail transit, etc., and high-end application fields are gradually strengthening . According to data from the European Plastics Association, the global output of plastic products in 2019 was 368 million tons, a year-on-year increase of about 2.5%.
From the perspective of regional distribution, Asia and North America accounted for the top two plastic products in the world in 2019, accounting for 51% and 19% respectively; among them, China is the largest producer of plastic products, accounting for 31%. At present, injection molding products, as a basic industry, have widely served the global economic construction and provided strong support for the development of the industry. At the same time, the rapid promotion of new products and new application fields has provided new development opportunities for the industry.
Proportion of production of plastic products by region in the world in 2019 (%)
According to the data of China Plastics Processing Industry Association, in 2020, the cumulative output of enterprises in my country's plastic products industry will reach 76.0322 million tons; from the perspective of main business income, the operating income of enterprises above designated size is 1,889.013 billion yuan, and the profit is 121.515 billion yuan. An increase of 18.39%; the profit margin of operating income was 6.43%, a year-on-year increase of 0.9%. In addition, at present, some enterprises with technical strength in my country are gradually mastering the key core technologies of the industry, improving the industrial chain, making full use of global resources and markets, and have successfully entered the global supply chain, thereby achieving an increase in global market share. The optimization and upgrading of the industrial structure of injection molding products in my country continues to advance, and the level of industrial technology continues to improve.