Chinese plastic products industry
2026-03-23 17:42:11
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The Chinese plastic products industry has accelerated its overseas expansion in
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The Chinese plastic products industry has accelerated its overseas expansion in the past decade, shifting from low-end daily necessities exports to systematic exports of high-end modified plastics, bio based biodegradable materials, and engineering plastics. In 2024, the export value reached 106.1 billion US dollars, ranking first in the world. The United States, Southeast Asia (Vietnam, Indonesia, Thailand), and the European Union are the three core markets, with Vietnam's import value exceeding 16 billion US dollars, becoming a key hub. Leading companies such as Jinfa Technology have established 7 overseas bases in Vietnam, Poland, and Mexico, with overseas finished product sales increasing by 29.5% year-on-year in 2024; Zhonglun New Materials has launched the largest BOPA membrane material base in Southeast Asia in Indonesia, exporting the fifth generation low-carbon intelligent manufacturing system; The Nanjing Julong Mexico factory uses AI intelligent production lines and bio based materials to accurately serve the North American new energy vehicle supply chain, with a single vehicle modified plastic consumption exceeding 180 kilograms. The industry is responding to barriers such as EU REACH and US TSCA, accelerating the upgrade of halogen-free flame retardant and biodegradable (PLA/PBAT) certification. By 2025, the compound annual growth rate of biodegradable plastic exports will exceed 30%, and the proportion of high-end categories in the product structure will increase to 45%. The dividends of RCEP and the 'the Belt and Road' drive the growth of exports to ASEAN and Central and Eastern Europe. China Plastics is transforming from a 'world factory' to a standard definer and technology exporter of the global green material supply chain.
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shanghai caite international trade co.,ltd
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