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Industry trends: Emerging opportunities

from SPE

The global outlook for the plastics industry this year is positive, as North America and Western Europe continue to emerge from the deep recession of 2007–10, and developing countries such as China, India and Brazil post double-digit gains in materials consumption, production and trade. In the U.S., signs of recovery will be apparent across most sectors; high-volume markets such as automotive, packaging, medical and healthcare, consumer electronics and infrastructure repair will drive manufacturing and shipments at annual growth rates of 3–4 percent, greater than the 2.5–3.3 percent GDP gain forecast by economists.

This article appears in the May 2011 issue of SPE's Plastics Engineering magazine. more


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