Report: Plastic Packaging Report Insights p g
• Plastic packaging is expected to boost the polypropylene market by 20 20 mn tons over the next decade, from 12.8 tons in 2011 to around t th td d f 12 8 t i 2011 t d 20.1 mn tons in 2020, with the call for food and flexible packaging fuelling this increase fuelling this increase • Overall polypropylene consumption is expected to rise from 42.3 mn tons in 2011 to 62.4 mn tons by 2020 at a CAGR of 4.5% tons in 2011 to 62.4 mn tons by 2020 at a CAGR of 4.5% • During the forecast period, polypropylene demand in North America is also expected to recover from the negative market growth is also expected to recover from the negative market growth observed in 2010‐2011, while the Eurozone crisis is expected to restrict the future growth of the European market www.researchonindia.com