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4. Outlook
Growth prospects for PPE and alloys have always been weaker than for other engineering plastics.
Given the lack of promising developments and the absence of new developments, PPE/PS is now considered a mature plastic. The decline in demand is set to continue, slowly but steadily, over the next few years.
On the other hand, applications for PPE/PA alloys in vehicle wings appear more attractive, and should guarantee growth for these types of alloys for a long time to come.
The combination of these two effects leads to an estimated growth of at least 2% per year for the next few years, perhaps even more with body innovations for mass-market models.
According to recent forecasts by Sabic Innovative Plastics, now a major player in engineering plastics, some 68 million automobiles were manufactured...
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Sabic Innovative Plastics
http://www.sabic.com/corporate/en/ourcompany/manufacturingaffiliates/SABICInnovativePlastics.aspx
Asahi Kasei
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