China's synthetic resin production capacity growth rate is still higher than the demand growth rate
Release time:
2023/12/04
In recent years, China's synthetic resin production capacity has grown rapidly, but the demand growth rate is relatively low, resulting in a prominent problem of overcapacity. Synthetic resins are widely used in plastics, rubber, coatings and other fields. With economic development and consumption upgrades, the demand for synthetic resins is also increasing.
In recent years, China's synthetic resin production capacity has grown rapidly, but the demand growth rate is relatively low, resulting in a prominent problem of overcapacity. Synthetic resins are widely used in plastics, rubber, coatings and other fields. With economic development and consumption upgrades, the demand for synthetic resins is also increasing. However, due to the high enthusiasm for synthetic resin investment in the past period of time, the rate of capacity expansion has far exceeded the growth rate of demand. This has led to increased competition in the market, falling prices and declining corporate profits.
Overcapacity not only brings operating pressure to enterprises, but also has a certain impact on the environment. The treatment and discharge of waste gas, waste water and waste solids in the production process are also environmental problems that need to be solved urgently.
In order to solve the problem of overcapacity of synthetic resin, relevant departments in China should strengthen supervision, control the approval of new projects, and avoid repeated construction. At the same time, promote the adjustment of industrial structure, encourage the transformation and upgrading of enterprises, strengthen scientific research and innovation, and improve product quality and added value. In addition, it can also strengthen the development of domestic and foreign markets, promote the export of synthetic resins, adjust the export structure, and reduce dependence on the domestic market.
In short, to solve the problem of overcapacity of synthetic resin, the government, enterprises and market parties need to work together to promote the sustainable and healthy development of the synthetic resin industry through multi-party cooperation.
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