2016 China's overall performance of the household electrical appliance industry is impressive, washing machines to maintain positive growth, refrigerator and air-conditioning data from negative growth in 2015 to positive growth. Statistics show that in 2016 the cumulative production of Chinese refrigerators 92.589 million units, an increase of 2.27%; household air conditioning cumulative output of 160017 million units, an increase of 2.25%; household washing machine cumulative output of 76.753 million units, an increase of 5.60%.

 

In addition, the face of the end of 2015 air conditioning, refrigerator industry, high inventory situation, 2016 ice, air industry in the inventory to the effective results. After the summer hot weather and online consumption of high growth help, inventory decreased significantly.

 

Automotive industry data is more eye-catching, production and sales were double-digit growth.

 

Statistics show that the rapid development of China's auto industry in 2016, the main business income, total profit was significantly higher than the previous year. 2016 China's automobile production and sales 28.1188 million and 280,282 million, an increase of 14.46% and 13.65%, an increase over the previous year to enhance 11.21 percentage points and 8.97 percentage points.

 

Home appliance industry in recent years, although the performance is not satisfactory, but due to large-capacity large-volume increase in household electrical appliances, as well as home appliances updated update iteration, the demand for ABS has increased. On the whole, it is expected that the white goods industry in the next few years there is still room for growth in demand for ABS.

 

With the gradual recovery of the global economy, ABS overall consumption will be substantial growth. However, with the latter part of the capacity expansion and alternative substitutes to enhance, ABS demand heat will be less than two years so severe.