The masterbatch market continues to be incredibly dynamic, maintaining growth throughout the pandemic in all major global regions, and outperforming the growth of both GDP and the underlying polymer demand.
The market is in turmoil. The escalating Russian-Ukrainian war is distracting from the deal. An unprecedented situation, market participants do not know how to react.
European mechanical plastics recycling exceeded 8 million tonnes in 2021 despite feedstock insecurities caused by Covid-19 slowdown
The waste plastics value chain is a complex and dynamic sector, with an evolving operating environment. New legislation and targets for the recycling of plastics and the use of recyclate are changing the way the whole plastics industry must operate.
Cast PP Films – The European Market 2021, is a brand new report from leading plastics market intelligence providers, AMI. The company has leveraged its expertise and proven methodology in other consumer and industrial films, to complete this new study for 2021.
The expected boom in industrial production has fallen short. The low point of industrial production in April was followed by a slow increase in production in May.
It is clear from the data that the decrease is significant everywhere compared to what was originally planned.
It was expected that the lifting of the restrictions would not bring an immediate recovery. Moreover, in some cases, the relaxation and lifting of stay at home restrictions has led to a reduction in demand and associated production.
The economic situation of the plastics industry did not change significantly compared to the previous week. Bigger changes are expected after Easter. Many people assume that some companies may not start up after the holidays.
Sources in the recycled polyethylene terephthalate (R-PET) market - the most widely recycled plastic across Europe - are already seeing a change in consumer behaviour, particularly around buying habits, and more importantly, recycling habits.
Specialty chemicals suppliers are likely to face less pressure on their credit quality than integrated or bulk suppliers, which are exposed to more commoditised products. Credit quality could improve if economic growth does not slow too drastically.
The plastics or polymers industry was for many years a hidden industry. For most of its history, nobody has known much about the plastics business because it is sandwiched between oil and gas and a huge variety of finished goods.
