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Polyvinly Chloride (PVC): Total annual capacity of PVC globally was 60522 MT
which will increase to 62982 KT in 2017. Indian subcontinent will stand at 1700 KT,
Southeast Asia at 2414 KT and Middle East at 1290 KT in 2017.
(Figures in -000- Metric Tons- KT) Source: CMIE (IHS)
Plastic Additives:
The global plastic additives market was valued for $41.4 billion in 2013 and is
expected to generate revenue of $57.8 billion by 2020 at a CAGR of 4.9% during
2013-2020 (Source: Allied market research report) The market in terms of volume was
estimated at 12,619.8 Kilo Tons in 2013 and is expected to reach 17,071.7 Kilo
Tons by 2020 growing at a CAGR of 4.4% during 2013-2020. Impacting drivers of
plastic additives market such as increase in environmental awareness and
intervention by government to promote non-toxic plastic additives is promoting the
growth in plastic additives market.
Engineering:
The global market for engineering plastics in terms of revenue was estimated to be
worth $53.5 billion ($53,580.7 million) in 2012 and is expected to reach $79.0 billion
($79,026.6 million) by 2018, growing at a CAGR of 8.0%, in terms of revenue, from
2013 to 2018 (Source: Markets and Markets). The Asia-Pacific region dominated the
global engineering plastics market, accounting for 47.9% of the global engineering
plastics market demand in 2013 with China share of about 31.1% of the total
demand. APAC is expected to have the highest market revenue in 2018 followed by
the Western European market. ROW a collection of individual country markets is
expected to be the fastest growing marketing the future, with a CAGR of 10.0% from
2013 to 2018, owing to rising consumption in this region where the end-user
markets of engineering plastics are growing steadily. The Western European
market is expected to grow at a rate of 7.8%, in revenue terms and 4.8% in
consumption terms from 2013 to 2018.
The global market for high-performance (HP) plastic films was worth $9.7 billion in
2014 (Source: BCC Research). The market is expected to reach nearly $14.0 billion in
2019, registering a compound annual growth rate (CAGR) of 7.5% between 2014
and 2019
Global plastics processing machinery:
demand is expected to advance 7% pa through 2017 to US $37.6 bln, with a
healthier sales climate, resulting from accelerations in fixed investment spending
and plastic resin consumption growth, will spur market gains through 2017, as per
Freedonia's industry study.
The study finds that economic conditions continue to improve worldwide and states that
the demand for machines in sectors such as agriculture, packaging, materials handling
and machine tools will push revenues to US$1.6 trillion this year, up from US$1.5 trillion
in 2013. This represents annual growth of 6.3%, more than twice the 2.9% increase
seen in 2013. IHS forecasts that growth will continue for the next four years, with
revenue rising to US$2 trillion by 2018. During this period, the machinery market's
annual growth rate will remain quite impressive, averaging between 5% and 6%.
Source : Report on Indian Plastic Industry 2012-16 - Plastindia Foundation,
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