MarketTrends
Nylon 66 Giant Ascend Initiates Chapter 11 Reorganization: Industry Ramifications Loom
May 13, 2025 – A seismic shift has rocked the nylon 66 industry as Ascend Performance Materials, a global leader in high-performance materials, officially initiated Chapter 11 reorganization proceedings at the U.S. Bankruptcy Court for the Southern District of Texas. This pivotal decision has sent shockwaves through the sector, sparking widespread speculation about the future…
UK’s Plastic Packaging Tax Overhaul: New Rules from 2027
May 8, 2025 – The UK’s HM Revenue and Customs (HMRC) recently announced significant changes to the Plastic Packaging Tax (PPT) set to take effect from April 2027. This move is part of the UK’s broader effort to drive sustainability in the plastic packaging industry and will have far – reaching implications for businesses involved….
Paint Manufacturers Prioritize Local Sourcing for Stability and Sustainability
May 8, 2025 – In the face of pervasive global uncertainties, the procurement strategies of the paint industry are undergoing a profound transformation. Particularly within the decorative paint segment, driven by dual imperatives of strategic positioning and sustainable development, numerous manufacturers are redirecting their focus towards local supply chains, thus embarking on a pivotal shift…
Tariff Turmoil: BASF Sounds the Alarm on US – Led Global Chemical Industry Crisis
May 6, 2025 – The recent tariff hikes by the United States have drawn intense attention from the international chemical industry. On May 2, BASF Group, the German chemical giant, issued a stern warning regarding this matter, stating categorically that the unilateral actions of the US are inflicting severe damage on the global industrial chain….
From Freight Collapse to Inflation Spike: The Far-Reaching Effects of US-China Tariffs
April 30, 2025 – The Impact of US-China Tariff Dispute on Freight and Retail Sectors Since the United States announced its implementation of the reciprocal tariff policy on April 2, nearly a month has passed, and the freight traffic between China and the US has been severely hit. In the past three weeks, the booking…
Global Polypropylene Film Trade in Turmoil as South Korea Renews Anti-Dumping Measures
April 28, 2025 – As the global polypropylene film market witnesses intensifying competition, the shadow of trade disputes looms large once again. South Korea, a significant consumer and importer of such products, has recently made a trade decision that has sparked widespread attention. According to the “2025 – 2030 Global and Chinese Polypropylene Industry Market…
Thailand’s Automotive Coatings: From Production Decline to Future Growth Prospects
April 28, 2025 – In the automotive industry landscape of Southeast Asia, Thailand has emerged as a pivotal hub for vehicle manufacturing in recent years, thanks to its robust industrial ecosystem and supportive policies. As the automotive sector thrives, the country’s automotive coating industry has also come into the spotlight, showcasing a distinctive development trend…
The Complex Landscape of Carbon Black: Trends, Threats, and Triumphs
April 27, 2025 – As a crucial foundational material in the industrial sector, carbon black plays an indispensable role across numerous industries, and its industry dynamics have always been a focus of attention. Currently, the carbon black industry is evolving in a complex landscape, presenting both new opportunities and a series of challenges. The market…
PEEK’s Invasion of Humanoid Robots: From Components to Mass Production
April 27, 2025 – In the current wave of technological advancements, the humanoid robot sector is experiencing rapid growth, and the associated material technologies have captured significant attention. Recently, XPENG Motors unveiled its humanoid robot IRON at the Shanghai Auto Show, announcing plans for large – scale industrial mass production by 2026, which has sparked…
From Landfill to Recycling: Hong Kong’s Ambitious Producer Responsibility Scheme
April 22, 2025 – As a global metropolis, Hong Kong grapples with significant challenges in solid waste management. With a land area of just 1,113.76 square kilometers and a population of approximately 7.5342 million by the end of 2024, the region boasts a staggering population density of 6,765 people per square kilometer. In 2025, Hong…