Plastics Industry - Key Facts

• 52% of the total market share is dominated by the plastics industry.
• Plastics industry contributes in excess of 5% to the South African GDP which is estimated to be R40 billion and employees more than 50,000 people.
• Over 50% plastics produced is consumed by packaging sector alone.
• South African Packaging industry is worth R 27 billion with an estimateof R 900 million exported directly by the industry.
• Raw Materials & Polymers majorly constitute to the imports & exports of worth more than 750 thousand tonnes per annum.
• 120,000 tons of plastic pipe is annually produced representing sales of more than R 1.5 billion.
• 85% of polymer used predominantly consists of PVC & HDPE.