Masterbatches benefit from a stable economic outlook

It is expected that in 2014 the global growth rate reached 4%, and in 2015 can reach 3.4%; China's economic growth rate in 2014 was 7.4%, 2015 was 7.1%.

India's economic growth rate in 2014 was 5.4%, and in 2015 was 6.4%. The world economy as a whole will continue development and recovery, based on the above data, the masterbatch industry steadily rising, and development prospects.

In 2011 China masterbatch to large-scale production enterprises of masterbatch.

Chinese survey showed that the annual output reached 650000 tons per year, to 2014, the difference between flexible cable and armored cable color masterbatch in China above scale enterprises' annual output reached more than 800000 tons per year assessment. 

Plus a large number of small and medium enterprises production, a conservative estimate of annual output has reached Chinese masterbatch more than 850000 tons per year. 

And multi-function masterbatch industry more than 10 years of development, from the original single function, has gradually developed into a variety of unique features.

Such as multiple functions integrated multifunctional masterbatch diverse functions, its broad application areas, variety, high technology content, high demand, multi-functional masterbatch than much more, a conservative estimate, has now reached more than 1000000 tons per year.

Many of the original masterbatch enterprises also will continue to develop in the direction of the multi-functional masterbatch.

The characteristics of multi-functional masterbatch are supporting plastic performance improvements, enhancing the function, industrial transformation, and upgrading, and product update replacement of key materials.

And the backbone of the broad market prospect and prospect.

The above is the news brought by ZMS cable company.