DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets has announced the addition of "China Engineering Plastics Industry Report, 2007" to their offering.
Judging from the total consumption, the engineering plastics industry can be defined as a small-size industry. Yet, engineering plastics are widely applied in downstream industries like automobile and electronics, which get greatly supported by the State. Compared to the declining profits of other conventional plastics industry, there is a bright prospect for the development of engineering plastics industry in China.
In 2006, 260,000 tons of nylon were utilized in engineering plastics, of which PA6 took 65%; PA66 27% and long carbon chain nylon & heat-resistant nylon 8%. 50,000-ton/year installation of China Shenma Group was officially put into operation. And the annual output will be as planned up to 100,000 tons per year. Presently, there are manufacturers at home in the development of PPA and long carbon chain nylon. In 2006, the PC plant of Bayer Group in Shanghai put into operation. In addition to the plant of Teijin in Jiaxing city, PC production capacity of China could be up to 0.15 million tons per year. The PC project of Asahi Kasei Corporation in Dalian and PC project of Mitsubishi in Shanghai are being carried out. Moreover, the plans of Bluestar New Chemical Materials Co., Ltd have also been implemented by and by. At present, PC consumption at home exceeds 800,000 tons, and the consumption demand will still maintain a fast growth of 20% or so in the future. Even the added production capacity is fully released; the ever increasing demand can be hardly met. POM, which is mainly applied in automotive manufacturing, will grow steadily with the development of China's automobile industry.
polyoxymethylene (POM) 140,000 tons; PET &PBT 68,000 tons; and modified polyphenylene oxide (MPPO) 22,000 tons.
Taking home appliance industry for instance, the demand of engineering plastics in refrigerator, ice box, washing machine, air-conditioner and other electrical appliances will arrive at about 600,000 tons in the next few years. Besides, there is an astonishing huge demand of engineering plastics in the construction of communication facilities, railways and highways, etc. It is expected that the total demand of engineering plastics will reach more than 4.5 million tons in the next few years. Additionally, engineering plastics get also popularized in spaceflight and electronics, etc.
1 Overview of Engineering Plastics
2 Analysis of China Engineering Plastic Market
3 Engineering Plastics Segmented Industries
4 China's Import and Export of Engineering Plastics
5 Application of Engineering Plastics
6 R&D of Engineering Plastics
7 Competition in China Engineering Plastic Market
8 Major Engineering Plastic Manufacturers
9 Investments in Engineering Plastic Industry
10 Development Trend of Engineering Plastics Industry