Overview

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 Analysis & Industry Trends

Revenue for the Basic Plastics and Synthetic Resin Manufacturing industry is estimated at $155.2 billion in 2017, up 2.3% from 2016. Over the past five years, revenue has been growing at an annualized rate of 4.8%. 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 2017, output of synthetic resin is expected to reach 86.6 million tons, up 5.2% from 2016. After years of output expansion and technological improvements, the industry is more capable of satisfying domestic demand...

Industry Report - Industry Products Chapter

Polyvinyl chloride (PVC)

Polyvinyl chloride represents about 25.5% of industry revenue in 2017. The top domestic suppliers of PVC are China Petrochemical Corporation and Dagu Chemical Co. Ltd. PVC is used in almost all walks of life, but especially within the Building Construction industry (IBISWorld industry report 4710). There was rapid development in the domestic construction industry over the past five years, which stimulated growth in this product segment. However, the real estate market has been cooling down since 2011, so this segment is expected to remain stable in the future.

Polyethylene (PE)

Polyethylene is the second-largest contributor to industry revenue, with an estimated share of 24.8% in 2017. The..

Additional Insights for the Basic Plastics and Synthetic Resin Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Basic Plastics and Synthetic Resin Manufacturing Industry are

  • Ability to expand and curtail operations rapidly in line with market demand
  • Effective cost controls
  • Degree of globalisation in the firm
  • IBISWorld analysts also discuss how external factors such as Downstream Markets and World demand in the Basic Plastics and Synthetic Resin Manufacturing industry impact industry performance..

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    Industry Products

    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 plastics
    Engineering plastics

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Downstream Markets
  • World demand
  • Systems and Technology - by Industry
  • World price of crude oil
  • Exchange Rates - Country Exchange Rates - International
  • Legislative Compliance Requirements

  • Current Performance
  • Fluctuating economic climate
  • Enterprises
  • Imports and exports
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand
  • Enterprises and employment
  • New technology
  • International trade
  • Table: Basic Plastics and Synthetic Resin Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Basic Plastics and Synthetic Resin Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Paint Manufacturing
  • Plastic Board, Pipe & Sheet Manufacturing
  • Plastic Parts Manufacturing

  • Key Selling Industries
  • Nitrogenous Fertilizer Manufacturing
  • Oil & Petroleum Refining
  • Organic Chemical Material Manufacturing

  • Products & Services
  • Polyvinyl chloride (PVC)
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Acrylonitrile butadiene styrene (ABS)
  • Other products
  • Chart: Basic Plastics and Synthetic Resin Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Strong economic growth
  • Construction and auto sector development

  • Major Markets
  • Plastic packaging producers
  • Building material manufacturers
  • Household electronic manufacturers
  • Other
  • Automobile manufacturers
  • Chart: Major Market Segmentation for the Basic Plastics and Synthetic Resin Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Chart: Cost Structure Benchmarking – Sector vs Basic Plastics and Synthetic Resin Manufacturing

  • Basis of Competition
  • Price
  • Technology level
  • Output capacity
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Basic Plastics and Synthetic Resin Manufacturing Industry

  • Industry Globalization
    Major Companies
    China Petrochemical Corporation China National Petroleum Corporation Yabang Investment Holding Group Co. Ltd.Zhenjiang Chimei Chemical Co. Ltd.Sanmu Group
  • Table: China Petrochemical Corporation - financial performance
  • Table: China National Petroleum Corporation - financial performance
  • Table: Yabang Investment Holding Group Co. Ltd. - financial performance
  • Table: Zhenjiang Chimei Chemical Co. Ltd. - financial performance
  • Table: Sanmu Group - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Basic Plastics and Synthetic Resin Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Basic Plastics and Synthetic Resin Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Output of Synthetic Resin (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Acrylonitrile Butadiene Styrene (Abs)
  • Industry product used in the manufacture of electronic appliances.
  • Olefin
  • An unsaturated carbon compound used in the manufacture of plastics and synthetic resins.
  • Polyethylene (Pe)
  • One of the most widely produced plastics. It is used in the manufacture of plastic packaging products.
  • Polypropylene (Pp)
  • One of the most widely produced plastics. It is used in the manufacture of plastic pellicle and plastic injection products.
  • Polystyrene (Ps)
  • Industry product used in the manufacture of electronic appliances and household commodities.
  • Polyvinyl Chloride (Pvc)
  • One of the most widely produced plastics. It is commonly in the construction industry.
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    This report on Basic Plastics and Synthetic Resin Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Basic Plastics and Synthetic Resin Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Basic Plastics and Synthetic Resin Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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