Custom Compounded Thermoplastics is forecast to surpass 11 billion pounds in 2017, valued at over $14 billion

US demand to surpass 11 billion pounds in 2017
US demand for custom compounded thermoplastics is forecast to surpass 11 billion pounds in 2017, valued at over $14 billion (resin content only). The total value of custom thermoplastic compounding, including resins, additives, fillers, and other production costs, will reach more than $18 billion at that time. Advances will be fueled by ongoing efforts among custom compounders to develop new and innovative products that will broaden the range of applications for thermoplastics, making them more competitive with alternative materials.

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The Global Flexible (converted) Plastic Packaging Market in 2012 will reach $137bn

The flexible (converted) plastic packaging market will experience a considerable degree of change over 2012-2022. The emerging markets will experience strong growth and this will be driven by an increase in disposable income. Flexible (converted) plastic packaging is also cost effective and will show good penetration of the rural areas within these developing markets. There will also be an expansion of competition due to low production costs, and the influx of multinationals. The developed markets are expected to suffer from declining demand and this will get worse as increasing consolidation has a damaging effect on flexible (converted) plastic packaging demand. has determined that the value of the global flexible (converted) plastic packaging market in 2012 will reach $137bn.
 
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US demand for Plastic Film is expected to grow 1.9 percent annually to 16 billion pounds in 2016, with a market value of $19 billion

US demand to rise 1.9% annually through 2016
US demand for Plastic film is expected to grow 1.9 percent annually to 16 billion pounds in 2016, with a market value of $19 billion. Expansion of the market will be fostered by an acceleration in economic growth and an increase in consumer spending, which will drive demand for film used in diverse applications such as retail sales, manufacturing, and construction. Advances will also be helped by an increase in the use of film in packaging, where it offers advantages in cost, performance, and source reduction over other packaging materials. The versatility of plastic film increasingly allows for the downgauging of packaging, reducing the amount of material needed and lowering production and shipping costs, while maintaining desired characteristics. Although this expands the presence of plastic film in the market, it also reduces the volume of film needed, limiting growth.


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Plastic Packaging Market Will Experience a Considerable Degree Of Change Over 2012-2022.

The emerging markets will experience strong growth and this will be driven by an increase in disposable income. Flexible (converted) plastic packaging is also cost effective and will show good penetration of the rural areas within these developing markets. There will also be an expansion of competition due to low production costs, and the influx of multinationals.
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