Table of Contents
Antioxidant 1076 is widely used for polyethylene, polypropylene, polyoxymethylene, ABS resin, polypropylene ethylene, polypropylene vinyl alcohol, engineering plastics, and synthetic rubber and petroleum products. According to the statistics of Huidian Research, the output of antioxidant 1076 was 9,500 tons in 2011, and this number reached 12,000 tons in 2012, increased by 26.32% over 2011. As for the overall industry, from 2009 to 2012, the output presented an upward trend with the annual growth rate of 22.33%.
Huidian Research predicts that with the increasing of output of plastic products and total industrial output value, the market supply volume of antioxidant 1076 will increase continuously in 2013. Calculate at the average growth rate of 20%, China’s market supply volume will reach 14,400 tons in 2013; and in 2017, this number will reach about 30,000 tons.
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