Global Thermoplastics Market Driver, Challenges, Trends and Forecasts 2015-2020 – Research and Markets
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/l8ltlx/global) has announced the addition of the “Global Thermoplastics Market – Segmented by Type, Application and Geography – Trends and Forecasts (2015-2020)” report to their offering.
The major trend driving the thermoplastics market is the growing demand for Developing countries like India, China and Brazil, and is reflected in growing production of thermoplastics: in 2012 production of thermoplastics amounted to 218.88 million tonnes.
Global thermoplastics production is currently estimated to be 233.11 million tonnes in 2014 and is expected to reach 296.66 million tonnes by 2020 showing a compound annual growth rate of 4.1%. Asia-Pacific currently dominates the market for thermoplastics followed by North America and Europe. The developing regions of South America and Asia Pacific are expected to increase its market share in the future owing to the growing purchasing power in the developing countries.
Our Thermoplastics current data shows that Europe and North America remain interesting as locations for research and development and also important as sales markets. However, the establishment of new production capacities is favored in the Middle East region.
Middle East region will emerge as the largest exporter of polyethylene in the world. Production of polyethylene in most countries will be unable to compete with the Middle East production as feedstock costs of the Middle East producers are much less than that of the cost of feedstock available to Asian and European producers.
Thermoplastics are used in an increasing number of markets – from Packaging, Building & Construction, Electrical & electronics, Automotive & transportation, Furniture & bedding, Sports & leisure and a number of other segments.
China is the most attractive market for polyethylene in the world and will be the principal driver for global thermoplastics demand to 2020. The rapid increase in downstream processing capacity additions, primarily geared towards export markets, will be the main driver of polyethylene demand in the future. The study indicates that innovations in packaging, rising living standards and population, growing demand in end user markets, and emerging economies are anticipated to boost the industry.
The industry is expected to face certain challenges such as regulatory standards to reduce CO2 emissions, fluctuation of crude oil prices, and product commoditization.
Key Topics Covered:
2. Executive Summary
3. Thermoplastics Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market size, growth and forecast)
7. Competitive Landscape
8. Company Profiles (Overview, Products & Services, Financials, Recent Developments)
- Arkema SA
- Asahi Kasei Corporation
- BASF SE
- Bayer MaterialScience
- Celanese Corporation
- Chevron Phillips Chemical Company LP
- Daicel Corporation
- Eastman Chemical Company
- Evonik Industries AG
- LyondellBasell Industries
- Lanxess AG
- LG Chem Ltd
- Mitsubishi Engineering Plastic Corporation
- Polyplastic Co. Ltd
- Royal DSM NV
- SABIC Innovative Plastics
- Solvay Plastics
- Teijin Chemicals Limited
- A. Schulman, Inc.
- Ineos Abs Corporation
- Dyneon LLC
- Rochling Group
For more information visit http://www.researchandmarkets.com/research/l8ltlx/global
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Advanced Materials, Chemicals