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Emerging markets to drive brisk thermoplastic growth - analyst

26-Jan-2012

Related topics: Packaging

Emerging market growth is expected to drive increases in global demand for thermoplastics by more than 5% annually to 2015, according to industry analysts AMI.

Worldwide demand for the material is predicted to expand by 100,000 tonnes within four years with polyethylene (PE) and polypropylene (PP) set to lead the way.

PE comprises 35% of the thermoplastic sector and packaging makes up 69% of this segment.

The total market share for PP runs to 24% - with packaging accounting for 43% of the total.

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