Market growth

Harden s (27) market survey of the growth of polyolefin foams production and sales shows that 114 x 10 kg of PE was used to make PE foam in 2001. The growth rate for the next 6 years was predicted as 5-6% per year, due to recovery in the US economy and to penetration of the automotive sector. In North America, 50% of the demand was for uncrosslinked foam, 24% for crosslinked PE foams, 15% for EPP, 6% for PP foams, 3% for EVA foams and 2% for polyethylene bead (EPE) foam. As protective packaging is the largest PE foam use sector, PE foam competes with a number of other packaging materials. Substitution of bead foam products (EPP, EPE, ARCEL copolymer) by extruded non-crosslinked PE foams, produced by the metallocene process was expected on the grounds of reduced costs. Compared with EPS foams the polyolefin foams have a lower yield stress for a given density. Compared with PU foams, the upper use temperature of polyolefin foams tends to be lower. Eor both these reasons, these foams are likely to coexist. 

Because polypropylene fiber producers are now able to make a large variety of products and the textile market has learned how to use these products, polypropylene fibers have been able to achieve an increasing share of the textile market and are expected to occupy an even greater part of the market in the future. 

Source From Chinese Chemical Fiber Association, Fiber Organon, 2003, 6. 

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Residential and commercial fuel demands represent about 24% of total U.S. LPG consumption. Although this market demand is weather dependent, it has assumed the characteristics of a mature market. Growth is related to the general economic trends. 

Correlation with markets for other products is particularly useful for a new product. For example, market growth history of an older product, eg, nylon, can be plotted on a graph to predict the probable growth for a newer product, eg, polyester fibers. Data for both products may be plotted on the same chart, though not necessarily to the same scale and with the time scale shifted to bring the respective curves in parallel. 

As PV module selling price has decreased, new markets have progressively emerged. This combination of market growth and price decrease has provided a smooth evolutionary path for the commercial industry of the 1990s. 

Bayer marketed PPS compounds in the United States under the trade name Tedur, but the company has exited the PPS business. PPS is also marketed in the United States by GE Plastics, whose source of neat resin is Tosoh Corporation of Japan. GE Plastics markets PPS under the trade name Supec PPS. Patent activity by Tennessee Eastman describes an alternative process for the production of poly(phenylene sulfide/disulfide), although samples of such product have not appeared as of early 1996. Both Phillips and Hoechst Celanese have aimounced plans to debotdeneck their existing U.S. faciUties in order to meet anticipated market growth. 

The roster of PPS suppHers in Japan is much larger than in the United States. Multiple market presences in Japan include TOPPS (Toray PPS, formerly TO—PP, which was a joint venture between Toray and Phillips) Dainippon Ink and Chemicals, Inc. Tosoh Tohpren Kureha/Polyplastics and Idemitsu. PPS marketed by Toray is sold under the Torelina trademark. Production capacity in Japan was estimated in 1995 at 11,400 t of neat resin per year. At the time that this capacity was created, the situation in Japan was characterized by overcapacity and underutilization. Additionally, further PPS capacity was brought on by Sunkyong in Korea, which is marketing a low cost PPS product. Although excess PPS capacity still exists in Japan, market growth has narrowed the gap between supply and demand. 

Because of environmental concerns about 2-j -butylphenol-based derivatives, the market growth is expected to be negative in the future, with the exception of possible significant growth in the use of the carbamate insecticide (see Table 3). 

It can be estimated that approximately 3,000,000,000 of vitamins were sold in 1996. Market growth is slightly higher than population growth, but varies widely by individual vitamin, geographical area, and/or appHcation. The largest vitamin manufacturer is Hoffmann-La Roche. Other significant producers include BASE, Takeda, Eisai, and Rhc ne-Poulenc. Additional vitamins are produced in China, Russia and India. 

In the adhesives market growth has been slower than in other segments. Increasing competition from other materials, most notably polyurethanes and acryhcs, is affecting the market (see Acrylic ester polymers Urethane polymers). 

Boat. By far the most important application of RP in marine structures, particularly with respect to volume consumed, has been in boat construction. This has occurred in both civilian and military markets. Growth continues where it already dominates the small boats with the larger boat market growing. 

Catalyst chemists, like others, live and work in a competitive world. Competitors may react to new plants, or process improvements, in various ways, and it usually helps to look at the situation from their standpoint, and visualize dangers. In particular, if additional capacity can only be filled at the expense of a competitor s market, his standard costs will rise, and he may be expected to react vigorously, by talking to customers, offering them benefits or security of supply and price, or price cutting. On the other hand, if the new capacity merely provides for market growth that no one else has the plant to supply, then there may be no adverse reaction. 

This article considers the rapid market growth worldwide of ethyl acetate, which is used increasingly as a replacement for methyl ethyl ketone (MEK) in solvents. It reports that this growth is especially apparent in the USA where MEK has been defined as a hazardous air pollutant by the Environmental Protection Agency. 

Realisable potential The realisable potential represents the maximum potential that can be exploited up to a certain year considering dynamic realisation restrictions, such as maximum market growth rates and planning constraints, as well as political and societal drivers and assuming that sufficient economic incentives exist. The technical potential is an upper limit of the realisable potential. 

Developments and Cost Reductions on Renewable Energy Market Growth. Six Technology-Specific Reports Prepared Within the Project REMAC2000 - in Co-operation With the International Energy Agency. Switzerland NET, Ltd. 

Although PEN is still a specialty resin when compared to PET, its improved properties potential ensures that considerable market growth will occur in the near future. This growth will stimulate increased commercial availability of the naphthalate diester and diacid monomers essential for numerous commercial applications. 

Figure 1.7 Biotechnology sector market growth trends.

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