Blog - Plastics And Synthetic Rubber In Primary Forms

In 2021-2022, China plans to add a new production capacity for styrene and polystyrenes. This could turn China from the world’s largest importer of those products into an exporter. Completion may be delayed due to electricity disruptions caused by increasing energy prices and regulations to reduce CO2 emissions. Despite the ban on single-use packaging, consumption of polystyrene in China will steadfastly grow, driven by a high demand for plastics in the construction, automotive and other industries.

German polyamide exports may reach a new record in 2021, rebounding after two years of decline. In the first half of this year, Germany exported 424K tonnes of polyamides worth $1.55B against 348K or $1.12B in the same period in 2020. Germany remains the world’s largest polyamide supplier, accounting for 19% of global exports. Italy, Belgium and France are the key importers of polyamides from Germany. Turkey recorded the highest spike in imports from Germany. In 2020, the average polyamide export price amounted to $3,205 per tonne, down by -7.7% y-o-y. 

Global polyethylene production is set to grow rapidly due to the launch of new capacities in Asia. The construction of new plants for the processing of recycled polyethylene becomes urgent. The shutdowns of the U.S. plants affected by the storm and increased freight rates led to higher polyethylene costs on the stock exchanges.

The negative impact of the COVID crisis on the PVC market is offset by growing demand in the Asian construction industry and the global packaging market.

For the fourth year in a row, the EU acrylic polymer market recorded growth in sales value, which increased by 1.3%...

Turkey ($1B) constitutes the largest market for imported polyethylene in the Middle East, comprising 49% of total polyethylene imports.

The revenue of the polycarbonate market in the European Union amounted to $3.8B in 2018, jumping by 26% against the...

The global polyethylene market revenue amounted to $31.8B in 2017, rising by 11% against the previous year. This figure re...

The global polyvinyl chloride market revenue amounted to $19.1B in 2018, remaining relatively unchanged against the previo...