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Brief News-Asia Plastic Raw Material Investment Potential

Release time:

2019-08-27

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Abstract

In the next few years, global investment in the field of plastic raw materials will increase, especially in Asian developing countries such as China will become the focus of investment.

In the next few years, global investment in the field of plastic raw materials will increase, especially in Asian developing countries such as China will become the focus of investment.

 

Although the chemical industry in China and India has developed rapidly in recent years, the strong demand still makes the local plastic raw material production enterprises feel embarrassed, especially the demand for PVC used as building materials in Asia will grow rapidly and will continue to be a net import region of PVC. Due to the continuous production of new production capacity in the Middle East, it will change from a net import region to a net export region.

 

Asia is also the only region in the world with polystyrene (PS) expansion plans in the coming years. Asia is expected to consume 50% of the world's PS production capacity by 2010, of which 60% will be exported as finished products.

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