As the new materials with good performance made by adding modifying agents to
plastics, modified plastics have been increasingly applied in automotive, home
appliance and other industries. China's output of modified plastics increased
from 320,000 tons in 2000 to 5.84 million tons in 2009, and is expected to hit
8.53 million tons in 2012.
The report centers on the supply & demand, competition pattern of China
modified plastics market, and highlights the market scale and current
competition in four market segments including home appliance modified
plastics, automotive modified plastics, energy-saving lamp modified plastics
and wire & cable modified plastics. In addition, the report analyzes the
operation of 18 modified plastics enterprises including Kingfa Sci. & Tech.,
China XD Plastics, and PRET.
The boom of China's modified plastics industry is largely attributable to the
sustained development of home appliance, automotive and other downstream
industries. The home appliance and automotive modified plastics market
segments have huge growth potential. In 2011, the home appliance industry made
up 54.1% of the consumption of modified plastics, while the automotive
industry accounted for 34.1%, and the proportions are still climbing.
Modified plastics are the raw materials seeing the fastest application in the
home appliance industry. As China is a large home appliance producer and
consumer, the application of modified plastics may expect unprecedented
potential, with the targeted demand for home appliance modified plastics in
2012 hitting 3.758 million tons. Leading enterprises in the market segment
include Kingfa Sci. & Tech., Guangzhou Huadu Keyuan, Guangdong Silver Age Sci
& Tech, and Zhejiang Juner New Materials.
The considerable demand for automotive modified plastics results from the
growing market capacity of the automotive industry and the increasing
application of plastic parts in automobiles. It's estimated that China's
demand for automotive modified plastics will surpass 2.2 million tons in 2012.
Leading enterprises in the market segment include China XD Plastics, PRET, and
Beijing JuLingYan Plastic.
Kingfa Sci. & Tech. is the largest modified plastics manufacturer in China
with the most varieties of modified plastics products. In 2011, the company's
capacity exceeded 580,000 tons, while the estimated output exceeded 600,000
tons. In February 2012, Kingfa launched additional share issue and planned to
invest RMB3.833 billion in five projects in Tianjin, Guangzhou, Kunshan and
Mianyang, which are set to be finished by 2016 and increase the company's
capacity by 1.23 million tons, including 800,000 tons of automotive modified
China XD Plastics is a major supplier in the automotive modified plastics
market. In 2011, the sales volume of the company was 151,300 tons, up 33%
year-on-year compared with the 113,700 tons in 2010, with the market occupancy
in China's modified plastics market rising to 7.2% in 2011 from 5.4% in 2010.
China XD Plastics is scheduled to expand its capacity to 300,000 tons by 2013.
Table of Contents
Table of Contents
1. Overview of Modified Plastics Industry
1.1 Definition and Classification
1.2 Industry Chain
2. Modified Plastics Market
2.3 Competition Pattern
2.3.1 Major Foreign-funded Manufacturers
2.3.2 Major Local Manufacturers
3. Downstream Application of Modified Plastics
3.1 Market of Modified Plastics for Home Appliance
3.1.1 Application of Modified Plastics in Home Appliance
3.1.2 Demand Forecast
3.2 Market of Modified Plastics for Automobile
3.2.3 Market Scale
3.2.4 Competition Pattern
3.3 Market of Modified plastics for Energy-saving Lighting