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Global Trends in Polymer Additives

SpecialChem / Sep 22, 2005

The global plastics additives market appears to be on the road to recovery after several difficult years, indicated by upturns in production and numerous price increases, says U.S.-based Townsend Polymer Services & Information (TPSI) in their August, 2005 study, "Plastic Additives VI". Key issues affecting the additives market include feedstock costs, increasing global competitiveness, the growing importance of China in the global market, and continuing environmental and regulatory issues, notes Fred Gastrock, product manager for additives at TPSI. Plastic additives by value. The global plastics additives market was about 21.8 billion lbs in 2004, valued at $19 billion. [figure 1] North America, Europe, China, and the rest of the Asia-Pacific region consumed 21 to 23% of additives by volume, with the remainder going to India, South America, the Mid-East, Africa, and Eastern Europe outside of the European Union. [figure 2] Overall, the additives market is expected to grow at 4 % AAGR from 2004 to 2009.

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