For more details please click on the following link
http://www.plastemart.com/upload/Literature/Downtrend-in-PET-polyethylene-terephthalate.asp
Friday, November 23, 2007
Current downtrend in PET business cycle to continue until 2009
PET (polyethylene terephthalate) is a polymer that is formed by combining two monomers - modified ethylene glycol and purified terephthalic acid. Global consumption of PET in 2006 reached a level of just above 13 million tons, with an average global growth rate below 8%. The regional distribution of PET consumption is still strongly biased towards North America and Europe, with these two regions accounting for 60% market share. Asia is growing at a faster pace, grabbing a market share of more than 25%. It is quite possible that Asian region will surpass the dominant regions of North America and Europe within the next 3-5 years, if not earlier.
For more details please click on the following link
http://www.plastemart.com/upload/Literature/Downtrend-in-PET-polyethylene-terephthalate.asp
For more details please click on the following link
http://www.plastemart.com/upload/Literature/Downtrend-in-PET-polyethylene-terephthalate.asp
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment