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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 | Apr 2014

IBISWorld’s Basic Plastics and Synthetic Resin Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$160bn
Annual Growth 09-14
17.8%
Annual Growth 14-19
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Profit
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Employment
441,551
Businesses
1,980
Industry Analysis & Industry Trends

Revenue for the Basic Plastics and Synthetic Resin Manufacturing industry is estimated at $159.9 billion in 2014, up 8.3% from 2013. Over the past five years, revenue has been growing at an annualized rate of 17.8%. Growth slowed in the latter years of the five-year period due to the lingering effects of the global economic crisis of 2009. Foreign demand for industry products has yet to rebound, and domestic growth has slowed. Specifically, 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 is estimated at 65.1 billion tons, up 11.5% from 2013.... purchase to read more

Industry Report - Industry Analysis Chapter

Basic plastics and synthetic resin are purchased by manufacturers to produce finished commodities. Consumer goods made of basic plastics and synthetic resin are present in almost every aspect of our life. Industry demand is reliant on the performance of its downstream industries like building construction (IBISWorld industry report 4710) and automobile manufacturing (IBISWorld industry report 3721).

Fluctuating economic climate

Over the five years through 2014, industry revenue has been growing at an annualized rate of 17.8% to total $159.9 billion. However, year-to-year growth has been volatile due to the global financial crisis of 2009 and its aftereffects.

Revenue maintained strong growth of 31.6% in 2008... 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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