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North American PP demand remains solid

 Last Update: 2022-10-24
 Source: Internet
 Author: User

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　　According to ICIS, Blasco Americas CEO Mark Nicolitz said that following a strong performance in 2021, North American polypropylene (PP) demand is expected to be in Continue to stabilize in 2022
.

　　In 2021, demand for PP in North America will grow by 7% to 8%, and historically, if there is such a strong growth in the previous year, the market situation in the next year will be stable, Nicolitz said
.
As a result, North American PP demand will continue to be healthy in 2022
.

　　On the consumer and packaging side, PP is in ample supply, but inflation could have a negative impact on demand, Nikolitz said
.
However, Nikolitz said demand from the auto industry remained pent-up due to semiconductor shortages and shortages of raw materials
.
This will bring positives to the PP market in the coming months
.

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