CHINAPLAS 2023 Insights: Audia Elastomers foresees TPE market to keep growing in China

The global flagship event for the plastics and rubber industries returned to Shenzhen! CHINAPLAS 2023 grandly unveiled at Shenzhen World Exhibition & Convention Center, PR China (SWECC) on April 17 with all 18 exhibition halls opened for the first time, meaning a record-breaking exhibition area of 380,000 sqm. Under the theme of "A Brighter and Shared Future, Powered by Innovation", the event was held from April 17-20 and it gathered over 3,900 quality international exhibitors to showcase plastics and rubber innovative solutions and a series of can’t-miss concurrent events.

Dr. Jeffrey Lou, President and Chairman Greater China, BASF, talked about the trends of low-carbon economy in the market and the industry.

Zhu Kuan, Founder & CEO of Shanghai Re-mall Environmental Protection New Material Co., Ltd., commented that high value recycling of recycled plastics has become a trend in the utilization of plastic resources.

Sun Hong, General Manager of Greater China Techncial Solutions Center, anticipates continuous growth in high performance materials for NEVs, such as PPS and speciality PBT.

Dr. Joachim Mühlmeyer, Director Asia Pacific, KRAIBURG TPE, believes that the value chain will shift more towards recycled and bio-based materials in the pursuit of sustainability.

Reinhard Priller, Sales Director at Brückner Maschinenbau, introduced how the company’s R&D in film lines is responding to the latest trends in different markets.