The US market research organization Freedonia Group recently released a forecast report on the demand for plastic sheets in the United States. The report shows that in the next few years, the demand for plastic sheets in the U.S. market will increase at an annual rate of nearly 3%. In 2011, the total demand for plastic sheet will reach 7.7 billion pounds (approximately 3.49 million tons), and the total market value will be US$7.2 billion.
Freedonia said that the demand for plastic sheet will be affected by food packaging, paper diversification, improvement of people's aesthetic requirements, improvement of resin performance, increase in the trend of combined use of materials, and technological advancement. On the other hand, the demand for plastic sheet will also be affected by the growth potential of traditional applications. The impact of the increase in the recycling of large and used plastic packaging has averaged an annual growth rate of approximately 2.9% before 2011.
Freedonia expects that due to the cost and performance advantages of polystyrene in the hot-pressed food packaging, the demand is good. In 2011, nearly half of the plastic sheets will be polystyrene sheets; polyethylene and polyester sheets. Demand will also increase due to the demand for plastic barrels, plastic cups, plastic trays, and aluminum-plastic packaging. The demand for PVC sheets will decline. This is because the United States is promoting a plan to reduce the number of single-family homes. The demand for plastic floors and roofs may be reduced.
From the application perspective, Freedonia is optimistic about the food packaging market in the next few years. It is expected that in the United States, the demand for plastic sheet will reach 3.8 billion pounds in 2011, and the average annual growth rate of demand will reach 3.6%; The growth potential of pharmaceutical packaging is also greater. , The increase in aluminum-plastic packaging will stimulate its demand for plastic sheets.
Freedonia said that the demand for plastic sheet will be affected by food packaging, paper diversification, improvement of people's aesthetic requirements, improvement of resin performance, increase in the trend of combined use of materials, and technological advancement. On the other hand, the demand for plastic sheet will also be affected by the growth potential of traditional applications. The impact of the increase in the recycling of large and used plastic packaging has averaged an annual growth rate of approximately 2.9% before 2011.
Freedonia expects that due to the cost and performance advantages of polystyrene in the hot-pressed food packaging, the demand is good. In 2011, nearly half of the plastic sheets will be polystyrene sheets; polyethylene and polyester sheets. Demand will also increase due to the demand for plastic barrels, plastic cups, plastic trays, and aluminum-plastic packaging. The demand for PVC sheets will decline. This is because the United States is promoting a plan to reduce the number of single-family homes. The demand for plastic floors and roofs may be reduced.
From the application perspective, Freedonia is optimistic about the food packaging market in the next few years. It is expected that in the United States, the demand for plastic sheet will reach 3.8 billion pounds in 2011, and the average annual growth rate of demand will reach 3.6%; The growth potential of pharmaceutical packaging is also greater. , The increase in aluminum-plastic packaging will stimulate its demand for plastic sheets.
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