2021 Shanghai International Automotive Innovation Technology Week (IATW 2021)
Currently, a new round of technological revolution represented by new energy, new materials, artificial intelligence, etc. is having a significant and far-reaching impact on global economic and social development. The existing product technology, industrial form, and business model are undergoing significant changes, and a new world of automobiles is about to emerge. In this context, the global automotive industry is also at an important historical moment of transformation and upgrading, and has entered the eve of fully realizing the transformation and upgrading of intelligence, networking, lightweight, and electrification.
With the development of industrial transformation and the wave of intelligent technology, the new generation of information technology and manufacturing technology are innovatively integrated. The automotive industry is gradually transforming into high-tech products with mechatronics integration and intelligent networking. Technological revolutions such as autonomous driving, electrification, and intelligence continue to emerge, becoming the mainstream of the era of mass transportation. The series of positive news proposed by the country to accelerate the construction of "new infrastructure", expand 5G applications, build charging stations, promote new energy vehicles, etc. are also promoting the unlimited possibilities of scenario based applications of vehicle to everything, and the future travel is moving towards a high-speed development trend.
According to statistical data, the consumption of thermoplastic materials in car parts is still increasing at an annual rate of over 6%. Due to the low price and superior performance of EPP, the development of automotive interior and exterior decorations will mainly focus on EPP. Currently, EPP parts used in the market account for 42% of the market share and are expected to grow at an annual rate of 8%, especially in the automotive interior. At present, each car uses an average of 100-130kg of plastic, with approximately 6-10kg of EPP plastic used. Therefore, EPP materials have a wide range of application prospects in car bumpers, car side shock absorbers, car door shock absorbers, advanced safety car seats, toolboxes, trunk, armrests, floor mats, sunshades, and instrument panels.
On June 27-29, we welcome you to visit and exchange ideas with Suzhou Top Innovative Materials Technology Co., Ltd. (E1-5A051) at the Shanghai International Automotive Interior and Exterior Exhibition in China.
