In the past 30 years, the functional masterbatch industry relied on a good market environment and cheap labor. The world's manufacturing industries have gathered in China, broadening the application market for the functional masterbatch industry. In the next ten years, China will gradually change from a manufacturing power to a manufacturing power. As a basic raw material, the function of the masterbatch industry will further increase, which will bring excellent business opportunities and broad applications to the domestic upstream and downstream industry chain. prospect.

In 2016, the China Functional Masterbatch Committee conducted a survey of masterbatch production enterprises above designated size, indicating that the annual output of functional masterbatch in China has reached 650,000 tons/year. By 2018, the annual production evaluation of China's functional masterbatch-scale enterprises has reached With an output of 800,000 tons/year and a large number of small and medium-sized enterprises, it is conservatively estimated that the annual output of functional masterbatch in China has reached 850,000 tons/year.

After years of development, the functional masterbatch industry has gradually evolved from a single function to a wide variety of functional multi-functional masterbatch with a wide range of functions and functions. The content is high, the demand is large, and the proportion of multi-functional masterbatch color masterbatch is much larger. It is conservatively estimated that it has reached 1 million tons/year. Many original masterbatch enterprises are also moving towards functional masterbatch. Development, the characteristics of multi-functional masterbatch, is the key core material and backbone force supporting plastic performance improvement, function improvement, industrial transformation and upgrading, product upgrading, market application, and unlimited prospects.