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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

1. Plastic Industry In Malaysia

... of the number of establishments it has. In 1984, the total manufacturing sectors contribution to gross domestic product (GDP) was estimated at RM11.703 billion or about 20.3%. The plastics industry contributed about 1% of the GDP. There are more than ten processes used in converting plastic resin into useful products and almost all the process are used in Malaysia except a ... liberalization, tariff rates would be reduced, including tariffs on quantitative restrictions, removal of exemptions and strengthening on tax administration, which in the long run would pose a significant threat t...

  • Word Count: 2321
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2. Crown, Cork & Seal

... was not as prevalent in the soft drink market because operations were more dispersed and they were geared more towards low-volume, multi-label output. Threat of plastics: Plastics had been growing significantly in the container industry. It was being accepted due to its unbreakability and lightweight. It doubled its market share from 9% in 1980 to 18% in 1989. Even though plastic bottle ... would affect the soft drink and beer market heavily. Less efficient production and the impact of plastic on the environment also affected plastic growth. There were many players in the plastics indus...

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3. The Great Pacific Ocean Garbage Patch

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4. Plastic 2

... of polymers in thermoplastics are able to move apart and if put under pressure they can slide past each other. This is why thermoplastics can be shaped. Thermosetting plastics cannot be shaped because they have chemical linkages between their long chains of monomers. These linkages are called crosslinks because they join individual strands of chains in the ... plastic's structure and are unable to change after polymerization has occurred. Making plastic products involves seven main processes to shape plastics into products. They are (1) moulding, (2) casting, (3) extrusion, (4) calenderi...

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5. The Benefits of Industrial Hemp

Industrial hemp should be legalized for commercial growth in the U.S. because there are many uses and benefits we can gain from it. Hemp can be used for anything from plastics, to rope, to biodiesel; it is a very versatile crop. Some benefits from growing hemp in the U.S. are it would create jobs, farmers would again be able to grow the cash ... , the government has still failed to differentiate between marijuana and hemp. So why is still illegal to grow in the U.S.? If it was legalized oil companies, the timber industry, the plastics industry and the chemical industry would start losing mill...

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6. Describe how waste is recycled in modern societies.

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7. Packaging As A Social Issue

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8. Biodegradable Packaging Materials

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9. Bioethical Issue: Mandatory DNA Fingerprinting

... think before they act! Bioethical Issue: Should BPA be Banned? "BPA is an industrial chemical that has been used to make certain plastics and resins since the 1960's. BPA is found in polycarbonate plastics and epoxy resins. Polycarbonate plastics are often used in containers that store food and beverages, such as water bottler. They may also be used in other consumer goods ... wrong with it. They use it to make plastic containers, hey that's ok. But after doing more extensive research, I have found there are some definite cons to having BPA in plastics. "Some research has shown that BPA...

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