NEWS | MARKET UPDATE


however, saw a -4% swing. That suggestion of the waning appeal of automotive is, perhaps, unsurprising given the stress the sector has experienced during the pandemic, with many car plants at a complete standstill.


About the study This article is based on a survey of the business sentiment, experiences and plans of 306 plastics companies around the world carried out by Compounding World publisher AMI over the period from 24 June to 5 July 2020. Responding companies were located in all five regions of the world and covered the entire plastics industry supply chain. Classified by geography,


57% of survey respondents were based in Europe, 21% in North America and 15% in Asia. Analysed by position in the plastics industry value chain, 27% were processors, 16% resin suppliers, 15% machinery suppliers, 12% additive suppliers and 12% compounders. Plastics end users accounted for 3% of the survey respondents and recyclers 4%. In terms of principal plastics markets, 21% of survey participants were involved in flexible food packaging, 13% in automotive and transport, 12% in construction and infrastructure, 8% in rigid food packaging and 5% in electrical and electronic. Non-food rigid and flexible packaging accounted for a further 7%.


What market will your company strategically focus on over the next two years?


When do you expect your company’s business activity to return to pre-Covid-19 levels?


The data was reported and discussed online in AMI’s Plastics and the Pandemic Virtual Forum on 21 July 2020. That can be viewed on demand HERE.


22 COMPOUNDING WORLD | August 2020 www.compoundingworld.com


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