Industry News

In Order to Promote the Development of Wood-Plastic Composites and Improve the Utilization Rate of Agricultural Waste Such as Straw and Plastic Waste, The National Development and Reform Commission Issued a Notice on December 10, 2011, Requiring the Establishment of a Number of Wood-Plastic Composite Industry Bases in China During the "12th Five-Year Plan" Period, Supporting 4-5 Plastic Composite Equipment Production Enterprises and 100-150 Wood-Plastic Composite Material Production Enterprises.

The Industrial Promotion of This Industry Originated in the United States in the 1980s. It Was Originally Applied as Modified Plastics and Became a New Material with the Improvement of Technology Level. At Present, All Kinds of Wood-Plastic Composite Materials and Products in the United States, Canada, Germany, The United Kingdom, The Netherlands, Japan and South Korea and Other Countries Have Been More Widely Used.

Based on Publicly Available Data, Forward Investment Advisors Found That Global Annual Production of Wood-Plastic Composites Exceeded 1.5 Million Tons in 2009, Rising to 2.8 Million Tons in 2012. This Is Mainly Driven by an Average Annual Production Growth of More Than 40% in China, With Global Demand for Wpc Expected to Continue to Grow at a High Rate by 2015, With Production Rising to More Than 4.5 Million Tones.

In Recent Years, The Wood-Plastic Industry Has Entered a Period of Rapid Development in China, With the Average Growth Rate of Enterprises and Output Exceeding 30%. By the End of 2011, There Have Been More Than 500 Mainstream Enterprises in the Domestic Wood-Plastic Industry Chain, And the Total Output Value Has Climbed to More Than 10 Billion Yuan.

According to the Statistics of the Wood-Plastic Professional Committee of the China Association of Comprehensive Utilization of Resources, The Total Output of Wood-Plastic Composite Materials in China in 2001 Was Only About 10,000 Tons, But the Total Output in 2011 Was More Than 700,000 Tons, And Nearly 30% of the Products Were Exported to Europe and America. Currently, Our Country Has Become the Biggest Producer and Exporter of Wood-Plastic Composite in the World.

Industry Experts Predict That if China's Wood-Plastic Composite Industry Can Make Breakthroughs in Technology and Quality, The Total Output of Wood-Plastic Composite Material Is Expected to Reach About 2 Million Tons at the End of the 12th Five-Year Plan. If We Can Make Full Use of the Existing Conditions and Learn from the New Wood Plastic Manufacturing Technology at Home and Abroad, The New Wood Plastic Composite Material in the Future Is Fully Likely to Become a Strong Competitor of Wood, Metal, Plastic, Ceramics, Cement, Glass and Other Traditional Materials, And Then Expand into an Emerging Industry with an Output Value of Hundreds of Billions of Yuan, Which Can Not Only Contribute to the Development of Domestic Circular Economy and Resource Conservation, But Also It Could Also Lead to a Green Revolution in Global Materials on a Scale Never Seen Before.