PP Is a Fast Track in Automotive

摘要

Before September 11, leading automotive injection molders anticipated around 6.0% annual growth in their resin consumption for the next five years, leading to a market total of over 3 billion lb by 2006. That projection now seems optimistic in light of the current economic landscape. Since the 9/11 tragedy, many automotive suppliers have begun consolidating, downsizing, and laying off thousands of workers due to the shaky economy and declining new-car demand.