US plastic film demand to grow at 1.8%/year though 2016

03 January 2013 23:08  [Source: ICIS news]

HOUSTON (ICIS)--US plastic film demand growth is projected at 1.8%/year to 15.9bn lb in 2016, a market research study said on Thursday.

Linear low density polyethylene (LLDPE) will lead the way, accounting for approximately half of the volume in 2016, but degradable plastics will exhibit the fastest growth among the low volume films, according to Cleveland-based industry research firm, The Freedonia Group.

LLDPE film demand is projected to increase by 2.1%/year to 7.5bn lb in 2016

High density polyethylene (HDPE) film will grow at 1.4%/year to 2.5bn lb because of slow retail bag advances, and low density polyethylene (LDPE) will grow at 1.7%/year to 2.3bn lb.

Demand for polyethylene terephthalate (PET) film will rise at a below-average rate, with good opportunities for PET film seen in food packaging applications such as snack foods, confections and frozen food, according to Freedonia.


By: Ron Coifman
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly