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With the continuous transfer of global industries such as automobiles, household appliances, office equipment, and electric tools to China, as well as the rapid development of the domestic economy and the continuous promotion of "replacing steel with plastic" and "replacing wood with plastic", China is becoming the largest market and main driver of demand growth for modified plastics worldwide. In the future, with the continuous increase in industry innovation and development, the gradual increase in industry concentration will become an overall development trend.

Modified plastics refer to the processing and modification of general plastics (such as polyethylene PE) and engineering plastics (such as polyamide PA) to give them superior properties such as flame retardancy, impact resistance, and high toughness. The application of modified plastics covers traditional industries such as household appliances, automobiles, office equipment, electronics and electronics, as well as high-tech fields such as rail transit, precision instruments, and new energy.

According to the different functions after modification, modified plastics can be divided into flame retardant resins, reinforced and toughened resins, plastic alloys, etc. Due to the performance differences of different categories, their application fields vary.

For investment institutions, there is room for upgrading and expansion in the modified plastic industry, and the industry concentration is constantly increasing. Therefore, it is important to focus on leading enterprises, closely track enterprises with stable sales channels for major customers, and expand their industrial chain layout.