In-depth analysis of the total output data of the plastics industry in 2024, insight into the development of the industry.

Recently, the Ministry of Industry and Information Technology released the production situation of the plastic products industry in 2024. The annual output reached 77.076 million tons, a year - on - year increase of 2.9%. This data provides crucial insights into the development trend of the plastics industry. Detailed data are as follows:

From the monthly and stage data, the cumulative output in the first half of 2024 was 36.194 million tons, an increase of 0.5% year-on-year, and the growth rate was relatively flat, reflecting that the industry was in a steady adjustment stage in the first half of the year.

From January to October, the output reached 62.971 million tons, an increase of 1.8% year-on-year, showing that the growth trend of the industry has gradually strengthened over time. From January to November, the output was 69.866 million tons, an increase of 3.3%, and the growth trend further accelerated, until the end of the year data maintained a 2.9% year-on-year growth rate.

Behind this increase in production is a combination of factors. With the promotion of environmental awareness, the "bamboo instead of plastic" action is carried out, and the plastics industry is actively transforming, developing new processes, new materials, and new products to meet the market demand for sustainable development products, and promote the overall smooth operation of the industry.

For example, the rapid development of the modified plastics industry, the modification rate increased from 16.3% in 2011 to 24.8% in 2023, although still below the global average of 50%, but reflects the industry's trend toward high-end.

From the perspective of regional distribution, plastic products enterprises gather in the coastal areas, Guangdong, Zhejiang, Jiangsu and other places the number of enterprises ranked first, these areas with its perfect industrial chain, convenient transportation and rich human resources, become an important production base of the plastic industry.

Looking to the future, the plastic products industry, with its product characteristics, still has a huge demand in packaging, construction, automotive and other fields.

Under the promotion of environmental protection regulations, degradable plastics and high-performance materials will become the focus of development, and the application of automated production technology will also improve the production efficiency of the industry and help the industry continue to expand.