2012-09-06 12:01:12 - Japan Polypropylene Industry - Relied on Automotive Sector for Swift Recovery - a new market research report on companiesandmarkets.com
Japan Polypropylene Industry - Relied on Automotive Sector for Swift Recovery - The automotive sector and polypropylene industry in Japan were hugely affected by the tsunami disaster in March 2011. However, the automotive sector has recovered quickly, taking advantage of swift reconstruction efforts to improve infrastructure facilities in the country. This in turn has helped the polypropylene industry, highly dependent on the automotive sector, to recover from the disaster. The Japanese automotive industry not only caters to the domestic demand but also to the huge export markets. Its magnitude makes it all the more important for associated industries, including the polypropylene industry.
The polypropylene industry saw 39% of demand stemming from the automotive sector in 2011. Polypropylene production improved along with
automotive production by May 2011, and with the latter showing a positive trend since then and expected to regain 2010 production level in the coming months, this industry will continue to be an important driver for polypropylene demand.
- Analyses the increase in polypropylene demand owing to swift recovery of Japan Automotive industry
- Analyses the production scenario of polypropylene in Japan
- Analyses the growth trend of automotive production in Japan
Reasons to buy
- Understand the Japan polypropylene market growth trend and it´s dependence on automotive industry
- Formulate strategies based on the current trends in the industry
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