01/14/2010

PIE - News-Ticker on Plasteurope.com

US packaging additives: Demand to increase 4.6% annually to 2013

US demand for additives used in plastic packaging is forecast to increase by an average of 4.6% annually, from USD 440m to USD 550m, between 2008 and 2013, according to US market research group Freedonia (Cleveland, Ohio; www.freedoniagroup.com).


Overall, US demand for additives, packaging inks and coatings is forecast to increase by 2.5% annually up to 2013, when it will reach 635,000 t/y, worth USD 3.0 bn. Although increased efficiency will limit volume gains, the higher prices of additives will help support overall market value.


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