Chemical Market Analytics Blog

Unveiling the Future of Global Plastics Markets

The global PE/ PP Industry is facing disruptive realities. Unprecedented overcapacity amid slowing demand growth will depress operating rate for longer and compress profitability & margin. What the industry must do to return the industry to health, what are different scenarios and probable outcomes that the industry must reckon to manage risk? There are additional challenges from circularity, energy transition that require long term strategic reset. What are the factors shaping the Polyolefin industry?

Revolutionize your strategy in 2024 and beyond, download the insight piece discussing the future of global plastics markets

Author

Joel Morales
Executive Director, Plastics and Polymers

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Disruptive Global Dynamics Reshaping Plastics

The global plastics industry has been navigating through what is arguably the most volatile period in decades. Unprecedented amounts of new production capacity are scheduled to start in North America, Europe, and China in the near term and compete for demand during a period of economic challenges. How will trade flows shift? Will this lead to regional cost disparities and rationalization?

Energy transition and sustainability targets continue transforming the plastics market and increasing the competitive landscape. As the market evolves, what impact will new technology, policy, regulation, the growing role of chemicals versus fuel and other factors have on industry restructuring and business models?

At GPS 2024, leading global experts will come together to discuss pivotal impacts and initiatives shaping the plastics industry. Join us and participants from across the globe to gain the latest insight and deep analysis as you connect with your peers and industry professionals.

This year’s conference will explore the theme Disruptive Global Dynamics Reshaping Plastics and include a full day workshop focused on the Global Plastics Business and Plastics Transition to Circularity, 1.5 days of expert content and numerous networking functions.

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