Industry prospect of Guangdong Jushi Chemical Co., Ltd.

With the development of polymer material industry, synthetic materials such as plastics, rubber and fibers are more and more widely used in construction, chemical industry, military and transportation fields. Due to the flammability of polymer materials, flame retardant technology has attracted worldwide attention. China has a huge potential market for flame-retardant plastics, which will continue to grow at an average annual rate of 10% in the next few years, replacing non-flame-retardant plastics. Its development trend is to pay more attention to environmental protection and ecological safety while improving flame retardant performance. As a large-scale domestic flame-retardant plastic manufacturer, the company has a low market share and a broad growth space. Flame-retardant modified plastics is a new material industry encouraged by the Twelfth Five-Year Plan.