DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/83tvxt/china_modified) has announced the addition of the "China Modified Plastics Industry Report, 2013-2015" report to their offering.
China's output of modified plastics was estimated at 7.3 million tons or so in 2013, up only 10.6% YoY.
Home appliance and automobile are the major consumers of modified plastics in China. In 2013, the modified plastics used for home appliance and for automobile accounted for 38.2% and 30.9% respectively of total consumption in China. the slowdown in the growth rate of China's modified plastics output over recent three years is mainly as a result of the shrunk demand from Chinese home appliance industry. In the future, the automotive industry will suffice as a major stimulus for the growth of Chinese modified plastics market. It is estimated that China's output of modified plastics for automobiles in 2014 will be up to 3.36 million tons.
China's modified plastics industry is highly market-oriented and the market competition is rather intense. In recent years, large multinational manufacturers of modified plastics are gradually speeding up their construction of production bases in China. By the end of 2013, BASF, BAYER, DOW, DUPONT, SABIC and other global chemical giants all have built modified plastic plants in China. Most of them are large chemical companies integrating upstream raw materials, modified processing and product sales together and they enjoy great superiority in terms of quality of raw materials and industrial scale.
At present, there are thousands of local enterprises in the production of modified plastics in China, the vast majority of which are located in South China, East China, Bohai Rim Region and other economically developed areas. However, there are only approximately 70 domestic modified plastics enterprises that boast production capacity of more than 3 kt/a each, and most of them have monotonous product varieties and small scale. As contradictory to China's rapid development of modified plastics, the production capacity is obviously insufficient. In 2013, production capacity of the nine major domestic modified plastic manufacturers in China footed up to 2.37 million tons, holding just 25.6% of the total demand.
Key Topics Covered:
1. Overview of Modified Plastics Industry
2. Modified Plastic Market
3. Downstream Application of Modified Plastics
4. Key Enterprises
4.1 Kingfa Sci. &Tech.Co., Ltd.
4.2 China XD Plastics Company Limited
4.4 Guangdong Silver Age Sci & Tech. Co., Ltd
4.5 Super-Dragon Engineering Plastic Co., Ltd
4.6 Haier New Material R&D Co., Ltd
4.7 Beijing JuLingYan Plastic Co., Ltd
4.8 Shanghai Kumho Sunny Plastics Co., Ltd
4.9 Suzhou Xuguang Polymer Co., Ltd
4.10 Nanjing Jinshan Automobile Engineering Plastic Co., Ltd
4.11 Guangzhou KeYuan Innovative Materials Co., Ltd
4.12 Hengdian Group Tospo Engineering Plastics Co., Ltd
4.13 Kequan Plastic (Shenzhen) Co., Ltd
4.14 Dongguan Ngai Hing Plastic Materials Co., Ltd
4.15 Zhejiang Juner New Materials Co., Ltd
4.16 Jiangyin Jihua New Material Co., Ltd
4.17 Nantong Xingchen Synthetic Material Co., Ltd
4.18 Shanghai Genius Advanced Material Co., Ltd
5 Summary and Forecast
For more information visit http://www.researchandmarkets.com/research/83tvxt/china_modified.