Insight
Polyester chain proves resilient in 2019, despite overcapacity and weak upstream markets
Report summary
The polyester chain has had a challenging year in 2019. It had to come to terms with overcapacity of varying degrees throughout the chain and had seen prices spiraling down on weakening upstream costs, while margins became squeezed. But it is not all gloom and doom. While it is clear that overcapacity is the single, most important trend in the polyester chain for the foreseeable future, do not underestimate how demand growth could actually alleviate part of this supply problem.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
02 January 2020
China to dent global polyester growth in 2020, but challenges surmountable
Insight
China to dent global polyester growth in 2020, but challenges surmountable
2019 has been focused on meeting challenges, and the polyester chain seemed resigned to seeing more pitfalls into 2020.
$90009 December 2019
2019 in review – 5 trends that shook the petrochemical markets
Insight
2019 in review – 5 trends that shook the petrochemical markets
Read how the economy, feedstock dynamics, overcapacity, plastics circularity and technology shifts have impacted the petrochemicals market
$90001 April 2019
Reflections on the 2019 AFPM IPC meeting: benzene & derivatives
Insight
Reflections on the 2019 AFPM IPC meeting: benzene & derivatives
A round-up of AFPM 2019 discussions we had regarding the outlook for the global benzene & derivative markets
$900