What is the size of the plastics market?
The thermoplastics market is worth upwards of approximately $200 billion, a comparable size to that of nonferrous metals. PP global capacity is about 46 million tonnes, compared to an output of 23 million tonnes for aluminium. Similarly, the production capacity of LL is analogous with copper, their figures being 15 million tonnes and 16 million tonnes respectively. Sources: Chemical Week (August 2006) International Aluminium Institute (IAI) (February 2007), Business Standard (February 2007).
