Follow
Tuesday, 26 August 2014
Plastics Market - Global Plastics Demand was 233.75 million tons in 2013 and is Expected to Reach 334.83 million tons by 2020
Polyethylene (PE) emerged as the leading product segment for plastics and accounted for 34.9% of total market volume in 2013. PE is used in high volumes across various industries such as film and sheet, injection molding, blow molding and pipe manufacturing. Increasing PE capacity addition, particularly in the Middle East and Asia Pacific has led to overcapacity in the market which has seen the prices decline. PET is expected to be the fastest growing product segment for plastics, at an estimated CAGR of 8.5% from 2014 to 2020.
http://www.grandviewresearch.com/industry-analysis/global-plastics-market
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment