The invention provides a plastic compound, which comprises a plastic substrate component and a catalyst component, wherein the catalyst component is selected from one kind or two or more kinds of oxides of the metal elements in the ninth line, the tenth line and the eleventh line of the periodic table of elements except copper, silicates, borates and oxalates of the metal elements in the ninth line, the tenth line and the eleventh line of the periodic table of elements, hydrogenation catalysts with the metal elements in the ninth line, the tenth line and the eleventh line of the periodic table of elements and ABO2 type compound oxides with a delafossite structure; A is selected from one kind of the metal elements in the ninth line, the tenth line and the eleventh line of the periodic table of elements, B is Ni, Mn, Cr, Al or Fe, and A and B are different from each other. The invention also relates to application of the plastic compound in the selective metallization of a plastic surface. Moreover, the invention provides a method of the selective metallization of the plastic surface. When the method is applied, the circuit can be further easily formed.