Home Resources 2024 APAC Plastics Midyear Outlook
Home Resources 2024 APAC Plastics Midyear Outlook
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2024 APAC Plastics Midyear Outlook

The Asian plastics market is set for a turbulent second half of 2024, with polyethylene (PE), polypropylene (PP), and polyethylene terephthalate (PET) all facing unique challenges. While modest recovery is expected for PE, oversupply and rising freight costs may offset gains. PP markets struggle with high costs and trade barriers, while PET grapples with supply cuts and demand slowdowns. Read on for more insights on how the rest of the year might pan out.

  • SE Asia PE to see some demand recovery in H2, challenges persist
  • Supply-demand imbalance to increase pressure on China PE market in H2
  • Asia PP capacity growth overshadows Q3 optimism
  • High costs, peak season and global trade barriers in China PP market for H2 2024
  • Asia PET braces for H2 supply cuts, demand slowdown, start-ups

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