According to the latest developments in February 2025, the following is a summary of important news and development trends in the plastic products industry：
1. Industry output has grown steadily
In 2024, the total output of plastic products in the country reached 77.076 million tons, a year-on-year increase of 2.9%, and the overall industry showed a steady and positive trend. The Ministry of Industry and Information Technology pointed out that with the increase in environmental awareness and the advancement of the "Bamboo instead of plastic" action, enterprises are meeting the needs of sustainable development through the development of new processes and new materials.
2. Deepening of policies and environmental governance
Evaluation of the effectiveness of the plastic restriction order: 2025 is the final inspection year of the national "Opinions on Further Strengthening Plastic Pollution Control", and the implementation effect of the new version of the plastic restriction order will be comprehensively evaluated. Henan Province has officially implemented the policy of restricting non-degradable plastic products from January 2025 to further promote local governance.
Bio-based materials development accelerated: Driven by the carbon neutrality goal, the National Development and Reform Commission and the Ministry of Industry and Information Technology support the replacement of traditional plastics by bio-based materials, and plan to form an innovative ecosystem of non-grain bio-based materials by 2025. Some products will have competitiveness with traditional fossil-based materials. Quite 7.
3. Market supervision and quality control
The Shenzhen Market Supervision Bureau recently conducted random inspections on seven types of products including plastic pipes, and a total of 410 batches were randomly inspected. The results showed that all of them were qualified, indicating that the industry has made progress in quality control5.
4. Leading Enterprise News
Guoen Co., Ltd. (002768): As a leader in the field of modified plastic particles, its products have attracted market attention due to the complexity of formula and high technical support requirements. It closed at 22.900 yuan on February 13, a drop of 2.32%1.
Guofeng New Materials (000859): Another leader in plastic products, its stock price has risen by 3.98% since 2025, with the latest quotation of 5.260 yuan, with a turnover of 110 million yuan.
5. Raw material prices and market supply and demand
The prices of general plastics such as polyethylene (PE) and polypropylene (PP) have fluctuated recently. For example, the benchmark price of LDPE is 10,100 yuan/ton (data on February 14), and some enterprises have dynamically affected short-term supply12.
Changes in the import and export and consumption structure of synthetic resins show that the domestic market demand for high-performance plastic raw materials continues to grow, such as the application areas of polycarbonate (PC) and polyamide (PA) resins are further expanded48.
6. Industry exhibitions and technical exchanges
The 2025 Zhengzhou Plastic Expo (AllinPlas2025) is under preparation, and plastic products companies in Hubei Province are invited to participate. The event will focus on cooperation in new materials, environmental protection technologies and industrial chains to promote industry exchanges11.
Summarize
In 2025, the plastic products industry faces opportunities and challenges in policy-driven, environmentally friendly transformation and technological innovation. Enterprises need to pay attention to bio-based materials replacement, implementation of plastic restriction policies and changes in market demand, and at the same time strengthen technology research and development to adapt to sustainable development trends. Investors can focus on the dynamics of leading stocks and bio-based materials-related companies