U.S. demand for foamed plastics to reach 8.4 million lbs by 2013: report
Demand for foamed plastics in the U.S. is forecast to grow 2.7 per cent annually through 2013 to 8.4 billion p...
Demand for foamed plastics in the U.S. is forecast to grow 2.7 per cent annually through 2013 to 8.4 billion pounds, valued at US$27.1 billion, according to a new study by market research firm The Freedonia Group.
Slightly better growth is expected for foamed flexible urethane than its rigid counterpart, the report – entitled “Foamed Plastics” – said.
“Construction and packaging together accounted for nearly 60 per cent of all foamed plastics demand in 2008,” the report said. “Construction will provide the best opportunities for foamed plastics as a result of expanding insulation applications in the building and industrial segments, as well as health prospects for carpet underlay.”
For more information on the study, click on this link.