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China's Bunker Exports Nosedive

China s exports of marine fuel in March plunged 15% from a year ago, customs data showed on Wednesday, hit by high prices… ....

Sinopec Zhongke , Administration Of Customs , International Maritime Organization , General Administration , International Maritime ,

Global Plastics Market Report 2021-2028: Growth of Key End-use Industries & Shift in Trend Toward Replacement of Glass & Metals


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The global plastic market size is expected to reach USD 750.1 billion by 2028 and is expected to expand at a CAGR of 3.4% from 2021 to 2028.
Increasing automotive production and a subsequent rise in plastic consumption in automotive component fabrication because of regulatory policies pertaining to vehicular weight reduction and fuel efficiency are expected to drive the market over the forecast period. Plastics facilitate fuel saving in automotive applications on account of reduced car weight and density as compared to conventional materials, such as metals or rubber.
Since the last decade, there has been a substantial demand for the products as a replacement for metals and ferrous alloys across various industries, such as consumer goods, automotive, and industrial machinery. The growth of the market criticality lies in various factors, such as the ever-increasing requirement of end users ....

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