Availability of key raw materials MEG & P-Xylene likely to impact smooth track for the Polyesters market ahead The unprecedented drop in demand in 2008, brought the PET chain recovery in a fairly stable manner in 2009, supported by strong consumption growth for PET bottle grade in the Asian market. The worldwide economic turnover had significantly affected the polyester market. The global polyester market saw a nose dive in sales during 2008 and 2009 across various segments. However, the market has a significant growth opportunity in the near future as worldwide usage of PET bottles and polyester fiber is exponentially increasing. Polyester is one of the most important synthetic fibres in use. High performance polyesters find use as films, sheets and even as moulded goods and these markets are posting faster growth than the more mature fibre and bottle markets, especially in developed countries while the most basic usage are in the making bottles Read more >> globalchemicalprice/singleblog.php?id=1358
Posted on: Thu, 14 Nov 2013 11:39:18 +0000
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