Industry Overview - Plastic is a crucial raw material widely used in various aspects of life, such as food safety, agricultural production, and logistics containers China is a major producer of plastic raw materials and products, with a production volume of 7,771 6 billion tons in 2022 and revenue exceeding 2 trillion yuan for large-scale enterprises [2] - The global consensus is to scientifically address plastic pollution, improve waste management systems, and develop new recycling technologies to enhance resource utilization rates [2] - China's plastic recycling industry has seen significant growth, with over 10,000 recycling enterprises and widespread recycling networks across the country The industry is expected to recover over 20 million tons of waste plastic in 2023 [3][9] Recycling Trends and Production - In 2022, China's waste plastic recycling volume decreased by 5 5% year-on-year, leading to a 6 1% drop in recycled plastic production to 15 5 million tons The top four recycled plastic types—PET, PP, PE, and PVC—accounted for over 80% of total production [5] - Chemical recycling is considered the ultimate solution for waste plastic recycling, though it is still largely in the experimental stage China has strengthened plastic pollution control and encouraged chemical recycling, with standards and definitions established for chemical recycling processes [6] - The production of plastic products in China has remained stable at around 80 million tons from 2019 to 2022, with plastic plates, pipes, and woven products accounting for 64% of total production [7][8] Market Dynamics and Pricing - The price of recycled plastic is influenced by crude oil prices, recycling volumes, and the efficiency of recycling facilities In 2022, recycled plastic production decreased by 6 1% due to reduced demand for plastic products and high crude oil prices in the first half of the year [15][17] - Recycled plastic prices generally follow the trend of new plastic prices, which are correlated with crude oil prices Except for recycled PET, most recycled plastic prices declined from January 2022 to October 2023 [16] Recycling Sources and Applications - In 2022, China recycled 18 million tons of waste plastic, with PET bottles, packaging films, and other PET waste being the top sources, accounting for 22 2%, 18 3%, and 11 1% respectively PET, PE, and PP are the most commonly recycled plastics, making up 33 3%, 21 7%, and 20 6% of recycled materials [12][13] - Recycled plastics are used in various industries, including engineering, automotive, food and beverage, and electronics, with applications similar to virgin plastics [10][11] Supply Chain and Domestic Production - China's primary plastic raw material supply reached 144 18 million tons in 2020 but slightly declined in 2021 and 2022 In 2022, domestic production increased by 1 5% to 113 67 million tons, while imports decreased by 10% to 30 58 million tons The domestic self-sufficiency rate for primary plastic raw materials rose from 74 5% in 2017 to 78 8% in 2022 [14]
2023年中国再生塑料行业概览(摘要版)
Tou Bao Yan Jiu Yuan·2024-03-13 16:00