Specialty plastic additives demand to grow.The demand for specialty plastic additives is projected to grow 2.6% per year to 5.2 billion pounds through the year 2009. In value terms, consumption is to increase 4.6% annually to $6.8 billion during that same time span. This is according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new study, entitled Specialty Plastic Additives, published by The Freedonia Group, Inc., an industrial market research firm based in Cleveland, OH. The reasons cited for the growth are an increase in plastics demand, especially polyvinyl chloride polyvinyl chloride (PVC), thermoplastic that is a polymer of vinyl chloride. Resins of polyvinyl chloride are hard, but with the addition of plasticizers a flexible, elastic plastic can be made. (PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. ), and an improved outlook in key markets such as nonresidential construction, electrical and electronics, and packaging. The two largest specialty plastics additive categories In mathematics, specifically in category theory, an additive category is a preadditive category C such that any finitely many objects A1,...,An of C have a biproduct A1 , plasticizers plasticizers mostly triaryl phosphates, such as tricresyl, triphenyl phosphates, which are poisonous. See also triorthocresyl phosphate. and flame retardants, are forecasted to experience a considerable rebound after declining during the period of 1999-2004. Growth of plasticizers is tied closely to flexible PVC products, which have a strong demand. Resurgence in the electrical and electronics market is cited as the reason for the expected boost to flame retardants. Polypropylene is expected to be the fastest-growing outlet for plastic additives, but polyethylene will not be far behind due to the rapid growth of the wood-plastic composite Wood-plastic composite is a composite material lumber or timber made of recycled plastic and wood wastes. There are also application in the market, which utilize only virgin raw materials. market. The prospects for PVC plastic additives are projected to increase due to an increase in nonresidential construction activity and beneficial design trends in new housing construction. PVC, the primary resin for plastic additives, consumed over 60% of all additives in 1994. More information on this study is available at www.freedoniagroup.com. |
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