Packaging dominates end use markets for polymer globally

According to a new report by Applied Market Information (AMI), over the past 30 years the world market for polymer has grown from 45 million tonnes to over 250 million tonnes. Packaging has come to dominate the end use markets for polymer in all geographic areas of the world. Overall packaging accounts for around half of all polymers processed in volume terms, split fairly evenly between flexibles and rigid.
The scope for growth in developing parts of the world will ensure that the global polymer industry can still look forward to annual increases in demand of around 5%/year which will result in a market in excess of 300 million tonnes by 2018 (Press Release AMI, 5 November 2014).
Click here for the press release.
Click here for more information about the report.

This item is also included in our monthly overview, the NVC Members-only Update. If you have any questions, please contact us: info@nvc.nl, +31-(0)182-512411.