AMI: Report on Polypropylene Market
According to a recently published study by Applied Market Information Ltd (AMI Consulting), Bristol, United Kingdom, innovation, in the period through to 2016, is pushing up sales of polypropylene in Europe in the face of fierce inter-polymer competition and slow economic growth.
Packaging applications will account for the largest volume of growth despite weak consumer spending and competitive pressures. PP is losing share to HDPE in caps and closures and under pressure from recycled HDPE in transit packaging. Recycled PET is also impacting the growth prospects for PP for instance in thin walled packaging. Despite these pressures PP is gaining sales via the development of new grades of resin offering high clarity and fast cycling and via the ingenuity of processors developing solutions with high levels of consumer appeal such as in mold labeling.
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