Markets :: Specialty Chemicals :: Plastic additives
Plastics Additive Makers Keep Pace with Market Demands
2:27 PM MDT | October 15, 2007 | Kerri Walsh
Resin capacity expansions and stricter environmental regulations have prompted plastics additive makers to follow suit, increasing capacity and rolling out new bio-based materials aimed at meeting new rule requirements. Meanwhile, higher raw material and operating costs have prompted a string of price increases for certain additives during the past few months, companies say. The global plastics additives market is about $24 billion, and is growing at 4%/year, says Townsend Polymer Services & Information (Houston). This growth rate is expected to remain steady...
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