World Cellular Plastic Sheet, Plate and Film Market to Grow 2.0% Annually

Date: 2015-11-23

World Cellular Plastic Sheet, Plate and Film Market to Grow 2.0% annually from 2015 to 2019 according to Global Research & Data Services

Global demand for cellular plastic sheets, plates and film is forecast to expand 2.0% p.a. between 2015 and 2019. China, Japan, Philippines, South Korea and the United States are considered the highest potential markets in the coming years. 

According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global cellular plastic sheet, plate and film industry is forecast to reach 2.0% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 7.2%. Currently, cellular sheets, plates and film of polyurethane account for 34.9% of the global demand while the remaining market share is divided between cellular sheets, plates and film of polymers of vinyl chloride (17.3%), cellular sheets, plates and film of polymers of styrene (8.1%), cellular sheets, plates and film of regenerated cellulose (1.3%) and cellular sheets, plates and film of other plastics (38.5%).

China, Germany, Japan, South Korea and the United States represent the largest cellular plastic sheet, plate and film markets while the strongest annual growth is forecast to occur in Philippines (14.8%), Vietnam (12.7%), Macedonia (9.5%), Tanzania (8.6%) and Ethiopia (8.4%).

Ranking

Country

Market Potential Rate

1

United States

0.41

2

China

0.33

3

South Korea

0.21

4

Philippines

0.15

5

Japan

0.14

6

Germany

0.13

7

Vietnam

0.13

8

Macedonia

0.10

9

Mexico

0.09

10

Poland

0.09

11

France

0.09

12

Tanzania

0.09

13

Ethiopia

0.08

14

India

0.08

15

United Kingdom

0.08

16

Bolivia

0.07

17

Spain

0.07

18

Jordan

0.06

19

Morocco

0.06

20

Bangladesh

0.05

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