Newsletter - Asia has great investment potential in plastic raw materials
2023-09-22 Page view：
In the coming years, global investment in the field of plastic raw materials will increase, especially in Asian developing countries such as China.
Although the chemical industry in China and India has developed rapidly in recent years, the strong demand still makes local plastic raw material production enterprises feel embarrassed, especially the demand for PVC used as building materials in Asia will grow rapidly and continue to be a net import region for PVC; Due to the continuous production of new production capacity in the Middle East region, it will transform from a net importing region to a net exporting region.
Asia is also the only region in the world with polystyrene (PS) expansion plans in the coming years. It is expected that by 2010, Asia will consume 50% of the world's PS production capacity, of which 60% will be exported as finished products.
