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U.S Demand for Independently Compounded Resins to Grow 2.9% Annually to 2013 Finds Report Buyer - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report
U.S Demand for Independently Compounded Resins to Grow 2.9% Annually to 2013 Finds Report Buyer

 

PRZOOM - /newswire/ - London, United Kingdom, 2010/02/25 - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report.

   
 
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According to the report “Thermoplastic Compounding by Independents” US demand for independently compounded resins is forecast to grow 2.9 percent yearly to 7.6 billion pounds in 2013. Total value, including additives, fillers and other production costs, will reach $14.6 billion. Further thermoplastic inroads at the expense of metal, wood and glass will necessitate higher performance characteristics and a more competitive cost structure. Value gains will be stimulated by a shift in the product mix toward higher performance specifications, yet restrained by moderating resin prices.

Independently compounded polyvinyl chloride (PVC), engineering thermoplastics, polypropylene and polyethylene will together account for 78 percent of all independently compounded thermoplastics in 2013. Thermoplastic elastomers will exhibit the fastest gains, driven by the direct replacement of natural and synthetic rubber, plastics and metals in a variety of applications, as well as design trends featuring soft-touch surfaces. Slightly below average growth is expected for PVC in light of saturated applications, competition from other thermoplastics, and health and environmental concerns over PVC’s use and disposal.

The 252 report states that construction will remain the leading compounding market, followed by motor vehicles and consumer/institutional uses. Construction industry advances will be fostered by rebounding building construction activity and needs for higher performance materials. Consumer and institutional growth areas include medical products, sporting goods, and lawn and garden products. Slower growth is anticipated for wire and cable, and electrical and electronic markets.

Thermoplastic compounders that are separate from, and legally unaffiliated with, a resin producer will account for less than ten percent of total thermoplastic
demand in 2013. The independent thermoplastic compounding industry is fragmented due to low entry barriers, minimal patent or technical barriers, and the need for close customer liaison. Merger and acquisition activity will continue as a result of growing capital requirements, and needs to diversify product lines and broaden the customer base.

The report “Thermoplastic Compounding by Independents” is available from Report Buyer

Report Buyer is the independent online store for global business information. The website now lists more than 120,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.

 
 
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U.S Demand for Independently Compounded Resins to Grow 2.9% Annually to 2013 Finds Report Buyer

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