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Demand for PP compounds is stagnant, and the European market is greatly impacted by the automotive market

 Last Update: 2022-08-21
 Source: Internet
 Author: User

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According to a newly released report by AMI, European demand for polypropylene compounds has been stagnant since mid-2018 due to growing problems in the automotive industry

Tighter legislation on fuel efficiency and emissions has increased challenges for auto brands and suppliers, the report said

Automotive is the largest application market for polypropylene compounds, and as vehicles face the transition from internal combustion engines to broadly defined eco-sustainability goals (such as VW's July 2019 'Go-To- Zero Mission Statement') shift, the car is facing unprecedented changes

Fundamental design differences between electric vehicles (EVs) and hybrid electric vehicles (HEV) influence the use of plastics

Polypropylene composites are bringing substantial performance developments to the market, not only enabling higher performance, but also replacing higher cost, higher density engineering plastics and metals

It is worth mentioning that the rapid growth of glass fiber reinforced polypropylene, it has two forms of long glass fiber and short glass fiber

In addition, demand for PP has been growing rapidly in Central and Eastern Europe due to increased production of automobiles and appliances, and the region is now larger than Germany

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