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Plastics Industry

            
             In the course of the module on the business environment in Europe, we are writing this report to give the reader more detailed background information on the plastics industry. Our goal is to demonstrate the competitiveness of the plastics industry and of plastics as a material.
             Discussing various topics ultimately compiled in a STEEP analysis, we intend to develop our goal and provide the reader with a better understanding of the plastic industry. We will illustrate how the market is structured by helping the reader develop a feeling for the functioning of the micro- and macroeconomics of the industry and how trade between the triad regions is organized. By means of the SWOT analysis we take a closer look at the competitiveness of plastics as a material. The reader will also be informed about the industry's contribution to sustainable development including environmental protection, economic development and social progress and how plastics can be used and reused innovatively. .
             Finally, we want the reader to discover things he has not known and/or expected before and gain knowledge which is of relevance for him personally and in a business context. .
             .
             1. The Industry.
             Market Structure.
             The European manufacturing industry is an important sector of the chemical industry; it is the second largest industry in Europe.
             When looking at the major players in the industry, it is quite obvious that the plastic industry is an oligopoly. There are seven big companies that supply the major part of plastics consumed in the whole world. The products are mostly homogenous; there are also special types of plastics only one firm offers. The behaviours of the companies depend on each other, as far as prices but also specialisation on products is concerned. Entry in the plastic industry is not easy because large production plants are needed and economies of scale make production efficient. It would not make sense for small companies to start producing plastic, without being able to realize economies of scale.


Essays Related to Plastics Industry

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PLASTICS Plastics are man-made materials that can be shaped into almost any form. ... Most plastics are lightweight, flexible, durable and often colorful. ... Generally, plastics can be classified as either thermoplastics or thermosetting plastics. ... The industry of plastics is continually developing or modifying materials to further extend the incredible range of plastics already meeting our needs and enhancing the world's technological progress. However, as useful as they are, plastics do have drawbacks. ...

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2. Plastic Industry In Malaysia

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3. The Benefits of Industrial Hemp

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  • Word Count: 677
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5. Describe how waste is recycled in modern societies.

Paper recycling industry usage in modern society leads paper recycling to become scientific and unpolluted. ... (Environment Council, 2000: 2,103) Nevertheless, by the chemic reasons of plastics, plastic is considered by people as one of the most difficult materials to recycle. ... Currently, there are several main methods by which plastics are recycled, however, none of them are suitable for every genus of plastics. ... One example, polyvinylchloride (PVC) is one of the most common plastics which has a wide range of applications such as pipes, windows, cables and containers. ... Metal recycli...

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6. Crown, Cork & Seal

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7. Bioethical Issue: Mandatory DNA Fingerprinting

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  • Word Count: 1083
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8. Ammonia Production Social Relevance Report

The textile industry uses ammonia in the production of synthetic fibres such as nylon and cuprammonium rayon. ... Ammonia is also vital in the manufacture of many chemicals, plastics, vitamins and drugs. For example, it acts as a catalyst in making plastics such as Bakelite and it is used as a reactant in making melamine resins for plastics. ... The aim of industry is to control the reactions so that large amount of useful products are yielded quickly. ...

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