Basic Plastics and Synthetic Resin Manufacturing in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Basic Plastics and Synthetic Resin Manufacturing Market Research Report | Feb 2016

IBISWorld’s Basic Plastics and Synthetic Resin Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Revenue for the Basic Plastics and Synthetic Resin Manufacturing industry is estimated at $151.5 billion in 2015, up 3.4% from 2014. Over the past five years, revenue has been growing at an annualized rate of 11.0%. Growth was fast in the beginning of the five-year period due to increasing domestic market demand and foreign demand. However, downstream industries like building construction (IBISWorld industry report 4710) and household electronic appliance manufacturing (3954) have been suffering since the government stimulus package of 2010 came to an end.

In 2014, output of synthetic resin reached 69.5 billion tons, up 19.0% from 2013. After years of output expansion and technological improvements, the industry is more capable of satisfying domestic demand.... purchase to read more

Industry Report - Industry Investment Chapter

For every dollar spent on labor (including wages and research and management costs), about 84 cents are spent on capital, indicating that the Basic Plastics and Synthetic Resin Manufacturing industry in China requires a high level of investment.

The manufacturing of basic plastics and synthetic resin involves many chemical reactions that cannot be conducted manually. Therefore, it is subject to a high mechanization level. Enterprises must make considerable purchases of fixed assets like manufacturing facilities and equipment. Due to rapid technology changes aimed at increasing output capacity and complying with increasingly stringent government environmental regulations, the life span of industry facilities is short, leading to high depreciation... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Basic Plastics and Synthetic Resin Manufacturing Industry?

Companies operating within the Basic Plastic and Synthetic Resin Manufacturing industry in China produce primary plastic materials from oil and natural gas products. Major products of the industry include polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), acrylonitrile butadiene styrene (ABS), and polystyrene (PS).

Industry Products
Polyvinyl chloride (PVC) Polyethylene (PE)Polypropylene (PP)Polystyrene (PS) Acrylonitrile butadiene styrene (ABS) Other products
Industry Activities
General plasticsEngineering plastics

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