AMI Consulting published in June 2014 a new study on the global market the polypropylene compounds. The study segments the market into NAFTA, Latin America, Europe, Asia and Middle East/Africa, by product family and by application. Within the automotive segment which is the largest market for PP Compounds, applications are split into interiors, exteriors and underhood.The report quantifies in detail PP Compound demand by OEM as well as providing an analysis of the industry's supply structure and up-to-date information on the world's largest producers of PP Compound. The report is fortuitously timed because of the rate of structural change in the industry which has recently seen ExxonMobil announce the sale of its North American Speciality PP Compounds business to Washington Penn and A. Schulman complete the acquisition of assets from Ferro Corporation. Equally fast change is occurring in the Chinese market where the level of investment is running at high levels.
Fast growth in Asia means that the region now accounts for 45% of global demand compared with 30% in Europe and 25% in the Americas.
