A Brief Discussion on the Market Analysis of Adding Antioxidants to More Engineering Plastic Raw Materials

Plastic raw materials have developed rapidly this year, and the annual growth forecast for global demand for plastics and biodegradable plastics is expected to reach 19%. The domestic biodegradable agricultural film has been tested in Xinjiang region, and the formulation of domestic biodegradable agricultural film standards is also under consideration recently. The development of the industry cannot be separated from regulatory norms, and it also requires the joint efforts of enterprises and industry associations.

Improve and enhance the recycling and processing technology of plastic raw materials, significantly increase the recycling and utilization rate of plastic packaging materials, improve and eliminate the hidden dangers of white pollution caused by plastic packaging materials, and improve resource utilization efficiency; Developing bio based plastic raw materials, effectively regulating the degradation time and cycle of bio plastic raw materials, while fully utilizing the functions of bio plastic packaging materials, reducing and eliminating the pollution and impact of plastic packaging materials on the ecological environment.

Consumers around the world are increasingly seeking more sustainable products, including those made from plant-based PC plastic materials. With the increasing demand for food and fiber markets in the coming decades, obtaining responsible sources of materials is key to driving sustainable growth. The alliance still has a long way to go to ensure responsible use of natural resources to meet the growing demand for PC plastic raw materials.

Currently, most plastics come from plants such as corn, wheat, and soybeans. The emergence of biofuels and the controversy over land use have also highlighted the issue of plastic raw materials and crops competing for limited land. Looking ahead to the future, many experts have recognized this problem, while some experts say that plastic raw materials themselves will not constitute competition. However, the transformation from non renewable resources, especially fuels, coupled with the need to provide more food for the growing population, will face problems in these areas. The organization states that ensuring the sustainable development of resources is key.

As an industry with good development prospects, the plastic raw material packaging market should be taken seriously. Enterprises and customers should have good communication and not default on payments. In addition, banks should lower the threshold for the plastic packaging market and provide timely financial support, so that the plastic raw material packaging market can have a broader development prospect.