13 September 2012 12:27 [Source: ICIS news]
HONG KONG (ICIS)--Global demand for plasticizers is expected to grow at an annual rate of 3.5%, with ?xml:namespace>
Current plasticizers demand globally is around 6.5m tonnes, with
Asia’s demand is projected to grow at the faster pace of 4-6% as consumption in India alone is likely to increase by more than 10% on an annual basis, said Jain.
But the forecast increase in
“The Indian government has taken numerous of fiscal measures to curtail high inflation rates and to control consumer prices, which would result in growth at a slower pace,” Jain said.
The summit runs from 13-14 September.
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