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Plastic film is set to grow at 2.6% in USA between 2005 and 2010

Plastic film is set to grow at 2.6% in USA between 2005 and 2010

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Plastic film is set to grow at 2.6% in USA between 2005 & 2010  
 

USA, one of the largest markets for plastic film is expected to grow from almost 6 million tons in 2005 to 6.9 million tons by 2010, as per a report by Freedonia.
Low density polyethylene (LDPE) and linear low density polyethylene (LLDPE) film will increase its market share to 64% (by far the largest plastic film) by 2010. Shrink film & stretch film sectors are expected to grow faster. Film used for food packaging is expected to grow at a higher rate. HDPE film, due to its usage in packaging of packed food & retail bags is expected to grow better than LD/LLDPE film.
PP film is expected to grow at the fastest rate (almost 3.5%) due to cost advantages as well as increased activity in food packaging and other applications.
PVC, on account of environmental concerns, would grow very marginally in the next 5 years. A severe competition from polyolefin films and reducing demand of red meat will be responsible for this meager growth.

Packaging alone accounts for 73% of total plastic film consumption in USA in 2005. Its share will further increase in 2010 to at least 75%, if not higher by 2010.


 
 
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Abdulvahab made a post.
05-Oct-23

Greetings! Hope you are doing well. My name is Abdolvahab Ata from Iran, I’m wondering whether it is interesting for your esteemed company to import rotomoulding raw materials from Middle East.

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Large capacity chemical storage tanks

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