China has attained the number two position globally in the polymer composite industry. A new report indicates that polymer composite industry in China it is expected to reach 2.3 million tons by 2011. By 2013, China 's polymer composites market will surpass the US market of polymer composite.
China is attracting the attention of foreign investors, lured by a largely untapped market and a low manufacturing cost base. Many multi-national companies are heavily investing in China to capture various growth opportunities. Dutch Akzo Nobel will invest about US$150 million in China in the next five years to produce more coatings for local markets. Ticona polymers announced plans in 2006 for two new plastics plants in China , one for Celstran long fiber reinforced thermoplastics (LFRT) and one for ultra-high molecular weight polyethylene. The new Celstran LFRT line is scheduled to be running by Q3-2007. General Motors Corp. announced in June 2004 plans to invest more than US$3 billion in China during the next three years, as it looks to expand every aspect of its business in the fast-growing and highly profitable market.
A lot of changes are happening in the Chinese composites market. The rapid growth in the Chinese composites market is spurred by growth in pipes, tanks, grating, pultrusion, construction, automotive, electrical, and the electronics market. In the last five years the average growth in the overall Chinese composites market was in double digits. |
13-Feb-24
Greetings I would like to learn more about this technology please. I have an invention idea in which I am looking for something much like what you are speaking of. Please contact me at either of the above sources if you would be willing to answer a few questions for me. Thank you so much for your time and your continued efforts in this field. Sincerely, JoeAnna Malone
14-Jul-19
This is air pollution - basically off gassing toxic chemicals. In the same way previously air fresheners did NOT neutralise smells but added to pollution of IAQ (indoor air quality) Thanks to chemicals like Dichlorobenzene, I now have organ damage, fragrance allergies etc.... so I suggest you run spectrum analysis to see exactly what is in the air and being given off by this.