PLASTIC ADDITIVES PRODUCTION & DEMAND.(Industry Overview)(Statistical Data Included)

Overview

As synthetic plastics are gaining various markets, of that kind as packaging, automobiles, and construction, plastic additives have been widely used in synthetic resins, including PVC PE and PP Driven powerfully by the surging consumption of synthetic plastics, China's demand for plastic additives has been increasing by the agency of 13.7% annually to 115 million metric tons by the agency of the year 2000. It is forecast that the demand for plastic additives will reach 173 million metric tons by means of the year 2005, growing by the agency of 8.6% each year.

Because more and more plants and production facilities are