Plastic film has good development prospects and the industry will develop in green and environmentally friendly directions

Plastic film refers to films made of polyvinyl chloride, polyethylene, polypropylene, polystyrene and other resins. There are various types of plastic films, including polyester film (PET), biaxially oriented polypropylene film (BOPP), nylon film (PA), cast polypropylene film (CPP), low-density polyethylene film (LDPE), etc., which are mainly used Product packaging and coating layers in food, chemical, pharmaceutical, printing and other fields.

According to the “Plastic Film Industry In-depth Market Research and Investment Strategy Suggestions Report 2023-2027” released by the Industrial Research Center, with the my country’s economy continues to develop, national living standards continue to improve, consumer demand becomes increasingly strong, the express logistics industry develops rapidly, and the scale of manufacturing production continues to expand. The market demand for packaging products continues to grow, driving the scale of the packaging industry to continue to expand. From the perspective of the revenue structure of the packaging industry, the plastic film manufacturing industry will account for more than 30% of revenue in 2022, ranking first. The plastic film industry has good development prospects.

From 2017 to 2020, due to the impact of intensified environmental pollution, stricter environmental protection policies, and repeated epidemics, my country’s plastic film output fluctuated greatly. In 2019, the output exceeded 16 million tons and dropped to about 15 million tons in 2020. In recent years, with the opening up of epidemic policies and accelerated industry transformation and upgrading, plastic film production has rebounded. In 2022, my country’s plastic film output will be close to 17 million tons.

From the perspective of regional distribution of output, my country’s plastic film production capacity is mainly concentrated in Zhejiang, Jiangsu, Guangdong, Fujian and other regions. Among them, Zhejiang’s plastic film output is approximately 3.74 million tons, accounting for approximately 20%, ranking first, followed by In Guangdong, the output is about 2.58 million tons, accounting for about 14%, and in Jiangsu, the output is about 2.34 million tons, accounting for about 12%.

In recent years, the country has introduced a number of policies to strengthen environmental protection and promote the transformation and upgrading of the plastics industry. In September 2021, the National Development and Reform Commission and the Ministry of Ecology and Environment issued the “Action Plan for Plastic Pollution Control during the 14th Five-Year Plan”, proposing that by 2025, the plastic pollution control mechanism will operate more effectively, local, departmental and corporate responsibilities are effectively implemented, and plastic pollution The effectiveness of the entire chain of product production, circulation, consumption, recycling, and terminal disposal has become more significant, and white pollution has been effectively curbed. In June 2022, the Ministry of Industry and Information Technology, the Ministry of Human Resources and Social Security and other departments jointly issued the “Guiding Opinions on Promoting the High-Quality Development of Light Industry”, proposing to further promote green and low-carbon transformation, accelerate green and safe development, and promote plastic products, Recycling of waste products from household appliances, papermaking, batteries, daily glass and other industries. As one of the important subcategories of plastic products, plastic film will develop in green and environmentally friendly directions.

Industry analysts said that there are currently a large number of plastic film manufacturers in my country and the industry competition is fierce. In 2022, the number of enterprises above designated size in my country’s plastic film manufacturing industry will be close to 2,700. Domestic plastic film manufacturers need to cater to market needs, accelerate industrial transformation and upgrading, develop new materials and new technologies, produce green and environmentally friendly products, and enhance their core competitiveness.