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The Future of Plastics in Automotive Applications

SpecialChem / Jan 4, 2005

The main two uses for oil are for chemicals/plastics production and for energy consumption, with almost and equal split between them. This ratio is shifting toward energy consumption due primarily to the rapid growth of the number of light vehicles on the road which is forecast to increase globally by a factor 3 over the next 30 years. This growth is due primarily to the rapid growth of developing economies; esp. China and India...

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