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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 2015

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
$174bn
Annual Growth 10-15
14.1%
Annual Growth 15-20
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Profit
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Employment
472,901
Businesses
2,042
Industry Analysis & Industry Trends

Revenue for the Basic Plastics and Synthetic Resin Manufacturing industry is estimated at $174.2 billion in 2015, up 7.5% from 2014. Over the past five years, revenue has been growing at an annualized rate of 14.1%. Growth slowed in the beginning 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 reached 69.5 billion tons, up 10.3% from 2013.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The top four enterprises operating in this industry account for 22.9% of industry revenue in 2015. Concentration within the industry dropped significantly, from about 36.6% in 2008, as a large number of new companies entered and competition increased.

Domestic regulations on environmental protection are relatively lower than that of more developed countries like the United States and Japan. This has attracted many foreign chemical giants to China in the past decade. These established companies brought with them advanced technologies and significant capital, increasing the level of competition.

Industry concentration is expected to increase slightly over the next few years... 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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