Huizhou Yigao New Material Co., Ltd has always focused on creating products of useful designs, for example, engineer plastic. We always follow a four-step product design strategy: researching the needs and pains of customers; sharing the findings with the whole product team; brainstorming on the possible ideas and determining what to build; testing and modifying the design until it works perfectly. Such a meticulous design process effectively helps us create useful products.
To bring our Yigao Plastic brand to global markets, we never stop doing market research. Every time we define a new target market, the first thing we do as we begin the market expansion effort is to determine the demographics and the geographic location of the new target market. The more we know about our target customers, the easier it is to develop a marketing strategy that will reach them.
We, at Huizhou Yigao New Materials Co, Ltd, provide engineer plastic performance and custom services to our customers and help them achieve the best. We maintain the quality and confirm its compliance with the changing customers' expectations with respect to various aspects such as price, quality, design and packaging.
Promising Prospects for the Engineering Plastics Market
Engineering plastics are a class of high-performance synthetic polymeric materials that are widely used in the automotive, electronics, and machinery manufacturing industries. With the rapid development of downstream industries, the demand for engineering plastics continues to grow.
In recent years, engineering plastics have been widely used in various industries due to their excellent mechanical properties, heat resistance, and chemical resistance. Under the trend of automotive lightweighting, the application of engineering plastics to replace metals has become increasingly widespread; the electronics industry's demand for high-performance insulating materials is constantly increasing; and the advanced manufacturing industry's demand for high-strength, high-rigidity engineering plastics is also growing.
Industry insiders predict that over the next five years, the global engineering plastics market size will maintain an annual growth rate of around 5%, and is expected to exceed $400 billion by 2025. As the world's largest consumer market for engineering plastics, China has huge growth potential and will become an important force driving the global development of the engineering plastics market.
As global initiatives push toward carbon neutrality, the rapid growth of the new energy industry has set higher performance standards for materials. Due to their exceptional mechanical properties, electrical insulation, and high resistance to heat and chemicals, plastic insulation materials have become indispensable in new energy equipment. The increasing need for high-performance insulation materials in lithium batteries and EV charging infrastructure is creating fresh growth opportunities for the plastic insulation market.
With the new energy sector's accelerated development, plastic insulation material manufacturers are keen to innovate, aiming to develop materials suited to high-voltage, high-temperature environments. For instance, engineering plastics like Polyether Ether Ketone (PEEK) and Polyimide (PI) are emerging as ideal choices due to their outstanding physical and electrical properties.
Additionally, advancements in automation are enabling manufacturers to boost production efficiency without compromising quality. Industry analysts predict further expansion of plastic insulation applications into fields like smart grids, renewable energy installations, and energy storage, showcasing a promising market outlook.