The year 2004 witnessed a remarkable spurt in the development of cast film across China. The figures attest to this: the market demand for cast film in China climbed to approximately 270,000 tonnes. Subsequently, the national production of cast film witnessed an 18% upsurge compared to the preceding year. It is projected that the annual demand will augment by around 40,000 to 50,000 tonnes in the forthcoming years (specifically, 300,000 tonnes in 2005, 350,000 tonnes in 2006, 400,000 tonnes in 2007, and 450,000 tonnes in 2008). The above data signify that although China's GDP growth might experience a short-term deceleration due to macro-control measures in the ensuing years, cast film remains a burgeoning industry, with the annual market demand sustaining a rapid growth rate ranging from 12% to 17%.

Nevertheless, presently, the production capacity of exclusively imported cast film production lines within the entire industry has exceeded 200,000 tonnes. It is foreseen that by the end of 2005, the number of cast film manufacturers will continue to ascend, and the production capacity will attain a breakthrough expansion, reaching approximately 400,000 tonnes per annum.

On this premise, some industry authorities predict that, with the consecutive inauguration of newly constructed and under-construction cast film projects in China, there could be a transitory overcapacity scenario for cast film in 2005, and consequently, a new round of price competition would be inescapable. If this prediction comes to fruition, for cast film processing enterprises to evade intense market rivalry, apart from undertaking the journey of independent innovation and developing diversified and specialized products, another vital aspect resides in making a judicious choice of equipment and its suppliers.

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