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Article: Plastics demand slows, and keeps slowing. (Materials marketplace).(Western Europe)(Brief Article)(Statistical Data Included)
- Article from:
- British Plastics & Rubber
- Article date:
- November 1, 2001
CopyrightCOPYRIGHT 2001 Euro Publishing Consultancy. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WESTERN European demand for thermoplastics increased last year at its lowest rate for five years, according to the latest report from Applied Market Information. And it's going to get slower.
Total demand of 31.6 million tonnes was ahead of 1999 by just over 3 per cent which AMI says is in line with average trends for the previous decade, but points to a marked slow down for many markets. And the forecast figure for 2001 is of little more than 2 per cent growth.
The growth average was pushed down by slower demand for commodity materials, and AMI reports that PE, PP. PS, PVC and PET grew by 2.7 per cent against a growth of 7.4 per cent in engineering ...