AMI, Bristol, 25/07/16 An authoritative report from industry consultants, AMI Consulting, published in July 2016, quantifies and analyses the global market the polypropylene compounds.
The study segments the market into NAFTA, Latin America, Europe, Asia and Middle East/Africa, by product family and by application. Within the automotive segment which is the largest market for PP Compounds, applications are split into interiors, exteriors and underhood.
The report quantifies in detail PP Compound demand by OEM as well as providing an analysis of the industry's supply structure and up-to-date information on the world's largest producers of PP Compound. The report examines the rate of structural change in the industry which has seen few mergers and acquisitions in the last year but plenty of investment in new capacity as PP Compounders seek to keep pace with growing local demand and internationalise their businesses. Recent investors Borealis/Borouge, GS Caltex, Kingfa, LyondellBasell, Mitsui, SABIC and Washington Penn. The largest independent PP Compounders are Washington Penn and Kingfa. The former had a particularly strong 2015 whereas the later is establishing plants in both North America and Europe in 2016.
In 2015 the global market grew by 4% suppressed by weak automotive production globally. Asia now accounts for 46% of global demand compared with 28% in Europe and 26% in the Americas.
The report is updated annually to ensure that current information is available in support of the strategic decisions that are required of participants to ensure they keep abreast of developments within this fast changing industry.
AMI Consulting has published a number of multi-client studies in the field of PP Compounds including a report in 2016 called the European Market for PP Compounds and a report in 2014 called the Global Market for LFT (long fiber) PP Compounds.
This report is aimed at assisting industry participants in anticipating change, formulating strategies, directing R&D investment, and proactively managing threats and opportunities.
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