Europes strong bioplastic growth led by bio-PET

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The bioplastics market so far was characterised by high and steady market growth rates of at least 20% pa, with production projected to increase from 1.2 mln tons in 2011 to nearly 6 mln tons in 2016. As production capacities grow, supply options for bioplastics materials and products will increase. In addition, based on forecasts for the development of crude oil prices, the use of renewable resources will also become increasingly economical in the future. Biobased versions of bulk plastics like PE and PET, that merely differ from their conventional counterparts in terms of their renewable raw material base, are building up large capacities. Read more in Europe’s strong bioplastic growth led by bio-PET
Southeast Asia has emerged as a major region for the polyolefin industry due to strong demand growth. The major countries in the region driving growth are Thailand, Malaysia and Indonesia. China is a lucrative market for polyolefin exporters in Thailand, Singapore and Malaysia. As China is expected to remain a net importer for the next five years, Thailand and Singapore can export significant additional quantities to China. Thailand has already ramped up its production capacity in the last three years, while Singapore will increase its capacity in the next five years. Read more in SE Asia’s demand for polyolefin grew at a CAGR of over 6% in the last decade
Worldwide revenues generated with high-density polyethylene (HDPE) are expected to rise dynamically to amount to almost US$70 bln in 2019. LDPE growth is projected to be modest and reach an estimated US$33.1 bln in 2017. Revenue in the global LLDPE industry experienced significant growth during the last five years and is forecast to reach an estimated US$41.1 bln in 2017. To know about the factors that will affect growth, the regions that will drive demand, the dominant applications and the growth areas, etc. read Global Polyethylene industry to grow well for next five years
They are known for their effectiveness in producing flexible plastics for applications in many industries such as automotives, medical and consumer goods. Plasticizers are one of the best-selling chemicals. They improve the properties of plastics, paints and varnishes, rubber, and adhesives. Worldwide demand for plasticizers will increase to more than 7.6 mln tpa until 2018. To know about the factors impacting growth, the growth regions, the growing applications, etc., read Global plasticizer demand to rise on dynamic development in BRIC nations
Resurgence of the construction industry is likely to boost demand for PVC. The average annual growth rate of 3.3% seen in the past eight years is likely to rise to 3.9% over the next five years. With a roughly 53% share of global consumption, Asia-Pacific is the largest PVC outlet, followed by North America and Western Europe. Almost 80% of these new capacities will be built in the Asia-Pacific region. To know about the factors affecting growth of PVC, the growth regions, the applications affecting growth, important buyers applications, factors affecting demand, etc., read Global PVC market estimated to exceed US$65 bln in 2019, demand to increase at 3.9% annually
Product innovations, new production capacities, legislative changes and growing environmental awareness will impact the growth of the global bioplastics market. Technical progress in production and significant growth in capacities will allow manufacturers to lower prices of bioplastics and therefore to further increase their cost-competitiveness. Two regions will considerably influence growth in the bioplastics market due to dynamic growth in consumption and production. Bioplastics consumption will develop in the individual markets. Read more in Global bioplastics revenues to surpass US$2.8 bln in 2018 at an average annual growth of 17.8%