Pharma Industry
Industry: Email Alert RSS FeedNew waves in engineering plastics.(Plastics 97)
Chemical Market Reporter, August, 1997 by Denton, Timothy
Transportation and appliances lead the market in consumption of engineering thermoplastics, while manufacturers look for ways to keep costs down. Consumer demand for products that provide lighter weight and greater durability at lower cost is driving the engineering thermoplastic (ETP) market.
In order to combat high resin costs, producers are developing new molding technology. Traditional products such as nylon are experiencing a revival, even as new polymers are being developed. Transportation and appliances account for a combined 35 percent of the ETP market, according to SRI Consulting, a Menlo Park, Calif.-based consultancy and Manchester Center, Vt.-based Impact Marketing Consultants (IMC). North American and Western European auto markets are...
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