Plastic recycling in China

Chinese Market
At present, waste plastics trading places have spread all over the country, forming a number of large-scale waste plastics recycling trading centers and processing gathering areas. It is mainly distributed in Guangdong, Zhejiang, Jiangsu, Shandong, Hebei, Liaoning and other relatively developed provinces of plastic processing industry. Among them, Taizhou, Dongyang, Cixi, Nanhai, Dongfan, Shantou, Lianyungang, Xuzhou, Xinghua, Wen'an, Wangdu, Bazhou, Linyi, Laizhou, Zibo, Dongying, Anyang, Changge, Jiehe, Wuhe, Anhui and other places of waste plastics recycling, processing and operation market scale is growing. The annual turnover is mostly from several hundred million yuan to more than ten billion yuan.
Waste plastics processing as a new industry, its industry scale is growing, varieties and output are increasing. At present, there are a large number of similar processing and trading sites around major central cities in China, such as Beijing, Shanghai, Tianjin, Chongqing, Guangzhou, Wuhan, Nanjing, Xi'an, Taiyuan, Chengdu and Shenyang. Overall, there are more and more enterprises engaged in recycling and processing of waste plastics in China, but they are still mainly individual enterprises.

market value
At present, the market value of waste plastics in China is over 100 billion yuan. In recent years, the price of plastic raw materials has played a great role in promoting the market, and the price of waste plastics has also risen sharply. The price of pure polyethylene and polypropylene recycled materials has reached more than 6000 yuan/ton (November 2005), which is close to the price of raw materials before the rise. In addition to disposable plastic bags and fast food boxes, there is hardly any shadow of waste plastic products in the garbage of big cities, which indicates that the recycling degree of waste plastic has been significantly improved. But at present, there is still a big gap between China's recycling technology and foreign advanced level. Therefore, the sustainable development of China's plastics industry should focus on the center of plastics and environment.

Trend analysis 
With the extensive application of plastics, the market of plastics recycling industry in China has been flourishing gradually since entering the 21st century. Small and medium-sized enterprises such as Yongquan have emerged with active investment. The recycling mode of plastics from family workshop is changing into a pure business mode driven by market demand, and is developing into a recycling and processing cluster and market. Intensification of field trading and environmental protection oriented economy based on market demand and price driving.