Huizhou Yigao New Material Co., Ltd is an enterprise focusing on the design and quality of the products like pei plastic. Our design team is composed by a master designer who has the responsibility to make decisions about the way the creative process should evolve, and a number of technical designers specialized in the industry for years. We also employ the industry experts to dominate the production process from materials selection, processing, quality control, to quality inspection.
We will incorporate new technologies with the aim of achieving constant improvement in all our Yigao Plastic branded products. We wish to be seen by our customers and employees as a leader they can trust, not only as a result of our products, but also for the human and professional values of everyone working for Yigao Plastic.
We have built a long-lasting relationship with many reliable logistics companies and are extremely flexible in the approach of delivery. Huizhou Yigao New Materials Co, Ltd also provide customization and sample-making service of pei plastic.
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.