Huizhou Yigao New Material Co., Ltd aims to provide global customers with innovative and practical products, such as pei plastic material. We have always attached great importance to product R&D since establishment and have poured into a tremendous investment, both time and money. We have introduced advanced technologies and equipment as well as first-class designers and technicians with which we are highly capable of creating a product that can effectively solve customers' needs.
All Yigao Plastic products are highly praised by customers. Thanks to the efforts of our industrious staff and large investment into the state-of-the-art technology, the products stand out in the market. Many customers ask for samples to get to know more details about them, and even more of them are attracted to our company to try these products. Our products bring bigger orders and better sales for us, which also prove that a product that is exquisitely made by professional staff is a profit maker.
At Huizhou Yigao New Materials Co, Ltd, customers can enjoy a series of professional services. We offer products with various specifications, including pei plastic material. The MOQ can be adjusted according to customer really needs.
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.