Market continues decline until 2010/PP and PE additives said to offer best growth opportunities

摘要

The European plastic packaging additives market is expected to contract by 12% to EUR 347m this year and continue to decline until 2010, according to international market research company Frost & Sullivan (London/UK; www.chemicals. frost.com). Demand for plastic packaging and plastic packaging additives has been affected by reduced consumer spending power. However, Frost & Sullivan analyst Vignesh Pitchiah noted that although the industrial, food and personal care packaging markets have been declining marginally, medical packaging has maintained stable growth.