Independently compounded thermoplastic resin demand in the US is projected to increase 4.3 percent annually to 6.7 billion pounds in the year 2002, valued at $5.5 billion (resin content only).
Demand for independently compounded polyvinyl chloride is forecast to increase four percent yearly to two billion pounds in the year 2002, based on the resin's low cost, diverse uses and advantages over wood and metal in large volume applications such as siding. Independently compounded engineered plastics demand will grow 4.8 percent per annum to 1.4 billion pounds in the year 2002 as traditional materials are replaced in structural or more strenuous applications. Advantages of engineered thermoplastic compounds include better strength and dimensional stability, as well as lower maintenance costs than alternative materials. Thermoplastic elastomer demand will exhibit the best growth due to heightened use in consumer and motor vehicle applications based on the material's compressibility, flexibility and energy absorption traits.
Construction markets for independents will grow 4.4 percent per annum to 1.8 billion pounds in the year 2002 as a result of thermoplastic compound advantages over wood and metal in such uses as pipe and siding. Further growth will be constrained by strong captive compounding activity by resin producers. Motor vehicles will exhibit the best growth prospects as manufacturers seek to lower component cost and maintenance requirements while enhancing fuel efficiency. Consumer and medical markets will also be driven by needs to enhance performance and lower costs in diverse consumer, medical and appliance applications.
Thermoplastic Compounding by Independents (published 6/98, 207 pages) is available for $3400 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, Ohio 44143-2326. For further details, please contact Corinne Gangloff by phone (440) 684-9600, fax (440) 646-0484 or e-mail at firstname.lastname@example.org. Full text is also available online through commercial database companies and the www.freedoniagroup.com Web site.
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