GLOBAL MARKETS FOR NON-POLYOLEFIN COMMODITY RESINS

Transcription

1 GLOBAL MARKETS FOR NON-POLYOLEFIN COMMODITY RESINS PLS067A January 2013 Jason Chen Project Analyst ISBN: BCC Research 49 Walnut Park, Building 2 Wellesley, MA , Custom Reports: carol.laverty@bccresearch.com

2 TABLE OF CONTENTS CHAPTER 1 INTRODUCTION 1 STUDY GOALS AND OBJECTIVES 1 REASONS FOR DOING THE STUDY 1 SCOPE OF REPORT 2 INTENDED AUDIENCE 2 METHODOLOGY 2 INFORMATION SOURCES 2 ANALYST CREDENTIALS 3 RELATED REPORTS 3 BCC ONLINE SERVICES 3 DISCLAIMER 3 CHAPTER 2 SUMMARY 5 SUMMARY TABLE GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY SEGMENT, THROUGH 2016 ($ BILLIONS) SUMMARY FIGURE GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY SEGMENT, ($ BILLIONS) LARGEST AND FASTEST-GROWING MARKETS 6 LARGEST NON-POLYOLEFIN COMMODITY RESIN MARKETS 6 FASTEST-GROWING NON-POLYOLEFIN COMMODITY RESIN MARKETS 6 SIGNIFICANT TRENDS CHAPTER 3 OVERVIEW 10 DEFINITION OF THE INDUSTRY 10 FUTURE DEVELOPMENTS 10 INTERNATIONAL TARGETS AND REGULATIONS 10 CARBON DIOXIDE EMISSION REDUCTION TARGETS 11 FORMALDEHYDE EMISSION LIMITS 11 GLOBAL TARIFFS 12 CHINA'S 12 TH FIVE-YEAR PLAN 12 REACH 12 CHAPTER 4 GLOBAL NON-POLYOLEFIN COMMODITY RESINS MARKET BY PRODUCT 15 TABLE 1 GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) GLOBAL MARKET IN VOLUME TERMS AND PRICE 16 PRICE ASSUMPTION AND FORECAST 16 TABLE 2 NON-POLYOLEFIN COMMODITY RESIN PRICES BY PRODUCT, THROUGH 2016 ($/METRIC TON) GLOBAL MARKET IN VOLUME TERMS 17 TABLE 3 GLOBAL SIZE OF POLYOLEFIN MARKET IN VOLUME TERMS BY PRODUCTS, THROUGH 2016 GLOBAL MARKET FOR PVC RESINS 18 HISTORY 18 GROWTH DRIVERS AND INHIBITORS 19 Growth Drivers

3 Growth Inhibitors 19 GLOBAL PVC MARKET BY SUBPRODUCTS 20 TABLE 4 GLOBAL PVC MARKET BY SUBPRODUCTS, THROUGH 2016 ($ BILLIONS) 20 TABLE 5 GLOBAL PVC MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 SPVC Resins 21 Paste PVC Resins 21 Other PVC Resins 22 GLOBAL MARKET FOR PS RESINS 22 HISTORY 22 GROWTH DRIVERS AND INHIBITORS 22 Growth Drivers 22 Growth Inhibitors 23 GLOBAL PS MARKET BY SUBPRODUCTS 23 TABLE 6 GLOBAL PS MARKET BY SUBPRODUCT, THROUGH 2016 ($ BILLIONS) 23 TABLE 7 GLOBAL PS MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 EPS Resins 24 Other PS Resins 24 GLOBAL MARKET FOR ABS RESINS 24 HISTORY 25 GROWTH DRIVERS AND INHIBITORS 25 Growth Drivers 25 Growth Inhibitors 25 GLOBAL ABS MARKET BY SUBPRODUCTS 26 TABLE 8 GLOBAL ABS MARKET BY SUBPRODUCTS, THROUGH 2016 ($ BILLIONS) 26 TABLE 9 GLOBAL ABS MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 High-flow ABS Resins 27 Low-flow ABS Resins 27 Other ABS Resins 27 GLOBAL MARKET FOR PMMA RESIN 27 HISTORY 28 GROWTH DRIVERS AND INHIBITORS 28 Growth Drivers 28 Growth Inhibitors 28 GLOBAL PMMA MARKET BY SUBPRODUCTS 28 TABLE 10 GLOBAL PMMA MARKET BY SUBPRODUCT, THROUGH 2016 ($ BILLIONS) 29 TABLE 11 GLOBAL PMMA MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 PMMA Cast Sheets 29 PMMA Extruded Sheet 30 PMMA Granular Resin 30 GLOBAL MARKET FOR EVA RESIN 30 HISTORY 30 GROWTH DRIVERS AND INHIBITORS 30 Growth Drivers 30 Growth Inhibitors

4 GLOBAL EVA MARKET BY SUB-PRODUCTS 31 TABLE 12 GLOBAL EVA MARKET BY SUB-PRODUCT, THROUGH 2016 ($ BILLIONS) 31 TABLE 13 GLOBAL EVA MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 Low-Content EVA resins 32 High-Content EVA resins 32 GLOBAL MARKET FOR UF RESINS 32 HISTORY 32 GROWTH DRIVERS AND INHIBITORS 33 Growth Drivers 33 Growth Inhibitors 33 GLOBAL UF MARKET BY SUBPRODUCTS 33 TABLE 14 GLOBAL UF RESIN MARKET BY SUBPRODUCT, THROUGH 2016 ($ BILLIONS) 34 TABLE 15 GLOBAL UF RESIN MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 Wood Adhesive 34 Other UF Resins 34 GLOBAL MARKET FOR PF RESINS 35 HISTORY 35 GROWTH DRIVERS AND INHIBITORS 35 Growth Drivers 35 Growth Inhibitors 35 GLOBAL PF MARKET BY SUB-PRODUCTS 36 TABLE 16 GLOBAL PF RESIN MARKET BY SUBPRODUCT, THROUGH 2016 ($ BILLIONS) 36 TABLE 17 GLOBAL PF RESIN MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 Wood PF Adhesive Resins 36 Other PF Resins CHAPTER 5 GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY APPLICATION 39 TABLE 18 GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) GLOBAL PVC MARKET BY PRODUCT 39 TABLE 19 GLOBAL PVC MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 40 TABLE 20 GLOBAL PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PVC PIPE 40 PVC PROFILE 41 PVC FILM 41 PVC CABLE 41 OTHER PVC APPLICATIONS 41 GLOBAL PS MARKET BY APPLICATION 41 TABLE 21 GLOBAL PS MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 42 TABLE 22 GLOBAL PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PS ELECTRONICS 42 PS PACKAGING 43 OTHER PS APPLICATIONS 43 GLOBAL ABS MARKET BY APPLICATION

5 TABLE 23 GLOBAL ABS MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 43 TABLE 24 GLOBAL ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 ABS ELECTRONICS 44 ABS AUTOMOBILE 44 ABS ARCHITECTURE 44 OTHER ABS APPLICATIONS 44 GLOBAL PMMA MARKET BY APPLICATIONS 45 TABLE 25 GLOBAL PMMA MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 45 TABLE 26 GLOBAL PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PMMA CAST SHEET 46 PMMA EXTRUDED SHEET 46 PMMA GRANULAR RESIN 46 GLOBAL EVA MARKET BY APPLICATION 46 TABLE 27 GLOBAL EVA MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 46 TABLE 28 GLOBAL EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 ($ BILLIONS) EVA FILM 47 EVA ADHESIVE AND COATING 47 EVA MOLDING 47 OTHER EVA APPLICATIONS 47 GLOBAL UF MARKET BY APPLICATIONS 48 TABLE 29 GLOBAL UF RESIN MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 48 TABLE 30 GLOBAL UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 UF WOOD PRODUCTS 49 OTHER UF APPLICATIONS 49 GLOBAL PF MARKET BY APPLICATION 49 TABLE 31 GLOBAL PF RESIN MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 49 TABLE 32 GLOBAL PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PF WOOD ADHESIVE 50 PF ELECTRONICS 50 PF MOLDING 50 OTHER PF APPLICATIONS CHAPTER 6 NON-POLYOLEFIN COMMODITY RESIN MARKET BY TECHNOLOGIES 52 TABLE 33 GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) GLOBAL PVC MARKET BY TECHNOLOGIES 53 TABLE 34 GLOBAL PVC MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) 53 SUSPENSION POLYMERIZATION 54 EMULSION POLYMERIZATION 54 MASS POLYMERIZATION 54 GLOBAL PS MARKET BY TECHNOLOGIES 54 TABLE 35 GLOBAL PS RESIN MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) 54 SUSPENSION POLYMERIZATION 55 EMULSION POLYMERIZATION 55 52

6 MASS POLYMERIZATION 55 SOLUTION POLYMERIZATION 55 GLOBAL ABS MARKET BY TECHNOLOGY 55 TABLE 36 GLOBAL ABS MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) 55 EMULSION POLYMERIZATION 56 MASS POLYMERIZATION 56 GLOBAL PMMA MARKET BY TECHNOLOGIES 56 TABLE 37 GLOBAL PMMA RESIN MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) SUSPENSION POLYMERIZATION 56 SOLUTION POLYMERIZATION 57 MASS POLYMERIZATION 57 OTHER PMMA TECHNOLOGIES 57 GLOBAL EVA MARKET BY TECHNOLOGY 57 TABLE 38 GLOBAL EVA MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) 57 MASS POLYMERIZATION 58 SUSPENSION POLYMERIZATION 58 SOLUTION POLYMERIZATION 58 EMULSION POLYMERIZATION 58 GLOBAL UF AND PF MARKET BY TECHNOLOGIES CHAPTER 7 MANUFACTURING PROCESSES AND TECHNOLOGIES 60 MANUFACTURING METHODS 60 PVC MANUFACTURING METHODS 60 Calcium Carbide PVC Manufacturing Flow 60 FIGURE 1 CALCIUM CARBIDE PVC MANUFACTURING FLOW 60 Ethylene PVC Manufacturing Flow 60 FIGURE 2 ETHYLENE PVC MANUFACTURING FLOW 60 PS MANUFACTURING METHODS 61 PS Manufacturing Flow Chart 61 FIGURE 3 PS MANUFACTURING FLOW CHART 61 ABS MANUFACTURING METHODS 61 ABS Hybrid Emulsion/Mass Method Manufacturing 62 FIGURE 4 ABS HYBRID EMULSION/MASS MANUFACTURING FLOW 62 ABS Continuous Mass Polymerization Manufacturing 62 FIGURE 5 ABS CONTINUOUS MASS POLYMERIZATION MANUFACTURING FLOW 62 PMMA MANUFACTURING METHODS 63 PMMA Mass Polymerization Method Manufacturing 63 FIGURE 6 PMMA MASS POLYMERIZATION MANUFACTURING FLOW 63 PMMA Suspension Polymerization Method Manufacturing 63 FIGURE 7 PMMA SUSPENSION POLYMERIZATION MANUFACTURING FLOW 63 EVA MANUFACTURING METHODS 63 EVA High-Pressure Mass Co-polymerization Method Manufacturing 64 FIGURE 8 EVA HIGH-PRESSURE CONTINUOUS MASS CO-POLYMERIZATION MANUFACTURING FLOW UF RESIN MANUFACTURING METHODS 64 UF Polycondensation Manufacturing 64 FIGURE 9 UF POLYCONDENSATION MANUFACTURING FLOW 64 64

7 PF RESIN MANUFACTURING METHODS 65 PF Polycondensation Manufacturing 65 FIGURE 10 PF POLYCONDENSATION MANUFACTURING FLOW 65 PROCESS ECONOMICS 65 PROCESS ECONOMICS FOR PVC RESINS 65 TABLE 39 PROCESS ECONOMICS COMPARISON FOR PVC RESINS ($ PER METRIC TON) 65 Process Economics of Calcium Carbide Method 66 Process Economics of Ethylene Method 66 PROCESS ECONOMICS OF ABS RESINS 66 TABLE 40 PROCESS ECONOMICS COMPARISON FOR ABS RESINS ($ PER METRIC TON) 67 PERFORMANCE COMPARISON 67 PERFORMANCE COMPARISON OF PS, PMMA, IPMMA AND SAN 67 TABLE 41 PERFORMANCE COMPARISON FOR PS, PMMA, IPMMA AND SAN ($ PER METRIC TON) U.S. PATENT ANALYSIS 68 PATENT BY PRODUCTS 68 TABLE 42 NON-POLYOLEFIN COMMODITY RESIN PATENT NUMBERS BY PRODUCTS, (NUMBER OF PATENTS) PATENTS BY YEAR 68 TABLE 43 NON-POLYOLEFIN COMMODITY RESIN PATENT NUMBERS BY YEAR, (NUMBER OF PATENTS) PATENTS BY MAJOR COUNTRIES 69 TABLE 44 NUMBER OF NON-POLYOLEFIN COMMODITY RESIN PATENTS BY COUNTRY OR REGION, (NUMBER OF PATENTS) CHAPTER 8 INDUSTRY STRUCTURE AND COMPETITIVE ANALYSIS BY PRODUCTS 71 PRODUCTION 71 CAPACITY 71 TABLE 45 GLOBAL CAPACITY OF NON-POLYOLEFIN COMMODITY RESIN INDUSTRY BY PRODUCT, THROUGH 2016 OUTPUT 72 TABLE 46 GLOBAL OUTPUT OF NON-POLYOLEFIN COMMODITY RESIN INDUSTRY BY PRODUCT, THROUGH 2016 OPERATING RATES 72 TABLE 47 OPERATING RATES OF NON-POLYOLEFIN COMMODITY RESIN INDUSTRY BY PRODUCT, THROUGH 2016 (%) GLOBAL NON-POLYOLEFIN COMMODITY RESIN INDUSTRY BY PRODUCTS 73 GLOBAL PVC RESIN INDUSTRY 73 Market Players and Industry Leaders 73 Strategies for Staying Competitive and Successful 74 New Entrants 75 GLOBAL PS RESIN INDUSTRY 76 Market Players and Industry Leaders 76 Strategies for Staying Competitive and Successful 77 New Entrants 77 GLOBAL ABS RESIN INDUSTRY 77 Market Players 77 Strategies for Staying Competitive and Successful 78 New Entrants

8 GLOBAL PMMA RESIN INDUSTRY 78 Market Players and Industry Leaders 78 Strategies for Staying Competitive and Successful 79 New Entrants 79 GLOBAL EVA RESIN INDUSTRY 79 Market Players and Industry Leaders 79 Strategies for Staying Competitive and Successful 80 New Entrants 80 GLOBAL UF RESIN INDUSTRY 81 Market Players and Industry Leaders 81 Strategies for Staying Competitive and Successful 81 New Entrants 81 GLOBAL PF RESIN INDUSTRY 82 Market Players and Industry Leaders 82 Strategies for Staying Competitive and Successful 82 New Entrants 82 CHAPTER 9 CHINESE NON-POLYOLEFIN COMMODITY RESIN MARKET AND INDUSTRY 84 TABLE 48 CHINESE NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 49 CHINESE NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 CHINESE PVC MARKET AND INDUSTRY 85 CHINESE PVC MARKET BY APPLICATION 85 TABLE 50 CHINESE PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PVC Pipe 86 PVC Profile 86 PVC Film 86 PVC Cable 87 Other PVC Applications 87 SUPPLIES AND TRENDS 87 Supply and Export/Import 87 Challenges and Opportunities 88 CHINESE PS MARKET AND INDUSTRY 88 CHINESE PS MARKET BY APPLICATION 88 TABLE 51 CHINESE PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PS electronics 89 PS packing 89 Other Applications 89 SUPPLIES AND TRENDS 89 Supply and Export/Import 89 Challenges and Opportunities 89 CHINESE ABS MARKET AND INDUSTRY 89 CHINESE ABS MARKET BY APPLICATION 89 TABLE 52 CHINESE ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH

9 ABS Electronics 90 ABS Automobile 90 ABS Architecture 91 Other Applications 91 SUPPLIES AND TRENDS 91 Supply and Export/Import 91 Challenges and Opportunities 91 CHINESE PMMA MARKET AND INDUSTRY 91 CHINESE PMMA MARKET BY APPLICATIONS 91 TABLE 53 CHINESE PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PMMA Cast Sheet 92 PMMA Extruded Sheet 92 PMMA Granular Resin 92 SUPPLIES AND TRENDS 92 Supply and Export/Import 93 Challenges and Opportunities 93 CHINESE EVA MARKET AND INDUSTRY 93 CHINESE EVA MARKET BY APPLICATION 93 TABLE 54 CHINESE EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 EVA Film 94 EVA Adhesive and Coating 94 EVA Molding 94 Other Applications 94 SUPPLIES AND TRENDS 94 Supply and Export/Import 94 Challenges and Opportunities 94 CHINESE UF MARKET AND INDUSTRY 95 CHINESE UF MARKET BY APPLICATION 95 TABLE 55 CHINESE UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 UF Wood Products 95 Other UF Applications 95 SUPPLIES AND TRENDS 96 Supply and Export/Import 96 Challenges and Opportunities 96 CHINESE PF MARKET AND INDUSTRY 96 CHINESE PF MARKET BY APPLICATION 96 TABLE 56 CHINESE PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PF Wood Adhesive 97 PF Electronics 97 PF Molding 97 Other PF Applications 97 SUPPLIES AND TRENDS 97 Supply and Export/Import 97 Challenges and Opportunities

10 CHAPTER 10 ASIAN NON-POLYOLEFIN COMMODITY RESIN MARKET AND INDUSTRY 99 TABLE 57 ASIAN NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 58 ASIAN NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 ASIAN PVC MARKET AND INDUSTRY 100 ASIAN PVC MARKET BY APPLICATION 100 TABLE 59 ASIAN PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PVC Pipe 101 PVC Profile 101 PVC Film 101 PVC Cable 101 Other PVC Applications 102 SUPPLIES AND TRENDS 102 Supply and Export/Import 102 Challenges and Opportunities 102 ASIAN PS MARKET AND INDUSTRY 102 ASIAN PS MARKET BY APPLICATIONS 102 TABLE 60 ASIAN PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PS Electronics 103 PS Packaging 103 Other PS Applications 103 SUPPLIES AND TRENDS 103 Supply and Export/Import 104 Challenges and Opportunities 104 ASIAN ABS MARKET AND INDUSTRY 104 ASIAN ABS MARKET BY APPLICATION 104 TABLE 61 ASIAN ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 ABS Electronics 105 ABS Automobile 105 ABS Architecture 105 Other ABS Applications 105 SUPPLIES AND TRENDS 105 Supply and Export/Import 105 Challenges and Opportunities 105 ASIAN PMMA MARKET AND INDUSTRY 106 ASIAN PMMA MARKET BY APPLICATIONS 106 TABLE 62 ASIAN PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PMMA Cast Sheet 106 PMMA Extruded Sheet 106 PMMA Granular Resin 107 SUPPLIES AND TRENDS 107 Supply and Export/Import 107 Challenges and Opportunities

11 ASIAN EVA MARKET AND INDUSTRY 107 ASIAN EVA MARKET BY APPLICATIONS 107 TABLE 63 ASIAN EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 EVA Film 108 EVA Adhesive and Coating 108 EVA Molding 108 Other EVA Applications 108 SUPPLIES AND TRENDS 108 Supply and Export/Import 109 Challenges and Opportunities 109 ASIAN UF MARKET AND INDUSTRY 109 ASIAN UF MARKET BY APPLICATION 109 TABLE 64 ASIAN UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 UF Wood Products 110 Other UF Applications 110 SUPPLIES AND TRENDS 110 Supply and Export/Import 110 Challenges and Opportunities 110 ASIAN PF MARKET AND INDUSTRY 110 ASIAN PF MARKET BY APPLICATION 110 TABLE 65 ASIAN PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PF Wood Adhesive 111 PF Electronics 111 PF Molding 111 Other PF Applications 111 SUPPLIES AND TRENDS 112 Supply and Export/Import 112 Challenges and Opportunities CHAPTER 11 NORTH AMERICAN NON-POLYOLEFIN COMMODITY RESIN MARKET AND INDUSTRY TABLE 66 NORTH AMERICAN NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 67 NORTH AMERICAN NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 NORTH AMERICAN PVC MARKET AND INDUSTRY 115 NORTH AMERICAN PVC MARKET BY APPLICATION 115 TABLE 68 NORTH AMERICAN PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PVC Pipe 116 PVC Profile 116 PVC Film 116 PVC Cable 117 Other PVC Applications 117 SUPPLIES AND TRENDS 117 Supply and Export/Import

12 Challenges and Opportunities 117 NORTH AMERICAN PS MARKET AND INDUSTRY 117 NORTH AMERICAN PS MARKET BY APPLICATION 118 TABLE 69 NORTH AMERICAN PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PS Electronics 118 PS Packaging 118 Other PS Applications 118 SUPPLIES AND TRENDS 118 Supply and Export/Import 119 Challenges and Opportunities 119 NORTH AMERICAN ABS MARKET AND INDUSTRY 119 NORTH AMERICAN ABS MARKET BY APPLICATION 119 TABLE 70 NORTH AMERICAN ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 ABS Electronics 120 ABS Automobile 120 ABS Architecture 120 Other ABS Applications 120 SUPPLIES AND TRENDS 120 Supply and Export/Import 120 Challenges and Opportunities 120 NORTH AMERICAN PMMA MARKET AND INDUSTRY 120 NORTH AMERICAN PMMA MARKET BY APPLICATION 121 TABLE 71 NORTH AMERICAN PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PMMA Cast Sheet 121 PMMA Extruded Sheet 121 PMMA Granular Resin 121 SUPPLIES AND TRENDS 122 Supply and Export/Import 122 Challenges and Opportunities 122 NORTH AMERICAN EVA MARKET AND INDUSTRY 122 NORTH AMERICAN EVA MARKET BY APPLICATION 122 TABLE 72 SIZE OF NORTH AMERICAN EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 EVA Film 123 EVA Adhesive and Coating 123 EVA Molding 123 Other EVA Applications 123 SUPPLIES AND TRENDS 123 Supply and Export/Import 123 Challenges and Opportunities 123 NORTH AMERICAN UF MARKET AND INDUSTRY 123 NORTH AMERICAN UF MARKET BY APPLICATION 124 TABLE 73 NORTH AMERICAN UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 UF Wood Products

13 Other UF Applications 124 SUPPLIES AND TRENDS 124 Supply and Export/Import 125 Challenges and Opportunities 125 NORTH AMERICAN PF MARKET AND INDUSTRY 125 NORTH AMERICAN PF MARKET BY APPLICATION 125 TABLE 74 NORTH AMERICAN PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PF Wood Adhesive 126 PF Electronics 126 PF Molding 126 Other PF Applications 126 SUPPLIES AND TRENDS 126 Supply and Export/Import 126 Challenges and Opportunities CHAPTER 12 EUROPEAN NON-POLYOLEFIN COMMODITY RESIN MARKET AND INDUSTRY 128 TABLE 75 EUROPEAN NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 76 EUROPEAN NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 EUROPEAN PVC MARKET AND INDUSTRY 129 EUROPEAN PVC MARKET BY APPLICATION 129 TABLE 77 EUROPEAN PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PVC Pipe 130 PVC Profile 130 PVC Film 130 PVC Cable 130 Other PVC Applications 131 SUPPLIES AND TRENDS 131 Supply and Export/Import 131 Challenges and Opportunities 131 EUROPEAN PS MARKET AND INDUSTRY 131 EUROPEAN PS MARKET BY APPLICATION 131 TABLE 78 EUROPEAN PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PS Electronics 132 PS Packaging 132 Other PS Applications 132 SUPPLIES AND TRENDS 132 Supply and Export/Import 132 Challenges and Opportunities 133 EUROPEAN ABS MARKET AND INDUSTRY 133 EUROPEAN ABS MARKET BY APPLICATION 133 TABLE 79 EUROPEAN ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 ABS Electronics 133 ABS Automobile

14 ABS Architecture 134 Other ABS Applications 134 SUPPLIES AND TRENDS 134 Supply and Export/Import 134 Challenges and Opportunities 134 EUROPEAN PMMA MARKET AND INDUSTRY 134 EUROPEAN PMMA MARKET BY APPLICATION 134 TABLE 80 EUROPEAN PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PMMA Cast Sheet 135 PMMA Extruded Sheet 135 PMMA Granular Resin 135 SUPPLIES AND TRENDS 135 Supply and Export/Import 136 Challenges and Opportunities 136 EUROPEAN EVA MARKET AND INDUSTRY 136 EUROPEAN EVA MARKET BY APPLICATIONS 136 TABLE 81 EUROPEAN EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 EVA Film 137 EVA Adhesive and Coating 137 EVA Molding 137 Other EVA applications 137 SUPPLIES AND TRENDS 137 Supply and Export/Import 137 Challenges and Opportunities 137 EUROPEAN UF MARKET AND INDUSTRY 137 EUROPEAN UF MARKET BY APPLICATION 137 TABLE 82 EUROPEAN UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 UF Wood Products 138 Other UF Applications 138 SUPPLIES AND TRENDS 138 Supply and Export/Import 138 Challenges and Opportunities 139 EUROPEAN PF MARKET AND INDUSTRY 139 EUROPEAN PF MARKET BY APPLICATION 139 TABLE 83 EUROPEAN PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PF Wood Adhesive 139 PF Electronics 140 PF Molding 140 Other PF Applications 140 SUPPLIES AND TRENDS 140 Supply and Export/Import 140 Challenges and Opportunities

15 CHAPTER 13 SOUTH AMERICAN NON-POLYOLEFIN COMMODITY RESIN MARKET AND INDUSTRY TABLE 84 SOUTH AMERICAN NON-POLYOLEFIN COMMODITY RESIN MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 85 SOUTH AMERICAN NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 SOUTH AMERICAN PVC MARKET AND INDUSTRY 143 SOUTH AMERICAN PVC MARKET BY APPLICATION 143 TABLE 86 SOUTH AMERICAN PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PVC Pipe 144 PVC Profile 144 PVC Film 144 PVC Cable 144 Other PVC Applications 145 SUPPLIES AND TRENDS 145 Supply and Export/Import 145 Challenges and Opportunities 145 SOUTH AMERICAN PS MARKET AND INDUSTRY 145 SOUTH AMERICAN PS MARKET BY APPLICATION 145 TABLE 87 SOUTH AMERICAN PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PS Electronics 146 PS Packaging 146 Other Applications 146 SUPPLIES AND TRENDS 146 Supply and Export/Import 146 Challenges and Opportunities 147 SOUTH AMERICAN ABS MARKET AND INDUSTRY 147 SOUTH AMERICAN ABS MARKET BY APPLICATION 147 TABLE 88 SOUTH AMERICAN ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 ABS Electronics 147 ABS Automobile 148 ABS Architecture 148 Other ABS Applications 148 SUPPLIES AND TRENDS 148 Supply and Export/Import 148 Challenges and Opportunities 148 SOUTH AMERICAN PMMA MARKET BY APPLICATION 148 TABLE 89 SOUTH AMERICAN PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PMMA Cast Sheet 149 PMMA Extruded Sheet 149 PMMA Granular Resin 149 SUPPLIES AND TRENDS 149 Supply and Export/Import 149 Challenges and Opportunities 150 SOUTH AMERICAN EVA MARKET AND INDUSTRY

16 SOUTH AMERICAN EVA MARKET BY APPLICATION 150 TABLE 90 SOUTH AMERICAN EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 EVA Film 150 EVA Adhesive and Coating 151 EVA Molding 151 Other EVA Applications 151 SUPPLIES AND TRENDS 151 Supply and Export/Import 151 Challenges and Opportunities 151 SOUTH AMERICAN UF MARKET AND INDUSTRY 151 SOUTH AMERICAN UF MARKET BY APPLICATION 151 TABLE 91 SOUTH AMERICAN UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 UF Wood Products 152 Other UF Applications 152 SUPPLIES AND TRENDS 152 Supply and Export/Import 152 Challenges and Opportunities 152 SOUTH AMERICAN PF MARKET AND INDUSTRY 153 SOUTH AMERICAN PF MARKET BY APPLICATION 153 TABLE 92 SOUTH AMERICAN PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PF Wood Adhesive 153 PF Electronics 154 PF molding 154 Other PF Applications 154 SUPPLIES AND TRENDS 154 Supply and Export/Import 154 Challenges and Opportunities CHAPTER 14 EMERGING MARKETS FOR NON-POLYOLEFIN COMMODITY RESINS 156 TABLE 93 AFRICAN AND OCEANIA NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 94 AFRICAN AND OCEANIA NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 AFRICAN AND OCEANIA PVC MARKET AND INDUSTRY 157 AFRICAN AND OCEANIA PVC MARKET BY APPLICATIONS 157 TABLE 95 AFRICAN AND OCEANIA PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PVC Pipe 158 PVC Profile 158 PVC Film 158 PVC Cable 158 Other PVC Applications 159 SUPPLIES AND TRENDS 159 Supply and Export/Import 159 Challenges and Opportunities 159 AFRICAN AND OCEANIA PS MARKET AND INDUSTRY

17 AFRICAN AND OCEANIA PS MARKET BY APPLICATION 159 TABLE 96 AFRICAN AND OCEANIA PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PS Electronics 160 PS Packaging 160 Other PS Applications 160 SUPPLIES AND TRENDS 160 Supply and Export/Import 160 Challenges and Opportunities 161 AFRICAN AND OCEANIA ABS MARKET AND INDUSTRY 161 AFRICAN AND OCEANIA ABS MARKET BY APPLICATION 161 TABLE 97 AFRICAN AND OCEANIA ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 ABS Electronics 161 ABS Automobile 162 ABS Architecture 162 Other ABS Applications 162 SUPPLIES AND TRENDS 162 Supply and Export/Import 162 Challenges and Opportunities 162 AFRICAN AND OCEANIA PMMA MARKET AND INDUSTRY 162 AFRICAN AND OCEANIA PMMA MARKET BY APPLICATION 162 TABLE 98 AFRICAN AND OCEANIA PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PMMA Cast Sheet 163 PMMA Extruded Sheet 163 PMMA Granular Resin 163 SUPPLIES AND TRENDS 163 Supply and Export/Import 164 Challenges and Opportunities 164 AFRICAN AND OCEANIA EVA MARKET AND INDUSTRY 164 AFRICAN AND OCEANIA EVA MARKET BY APPLICATION 164 TABLE 99 AFRICAN AND OCEANIA EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 EVA Film 165 EVA Adhesive and Coating 165 EVA Molding 165 Other EVA Applications 165 SUPPLIES AND TRENDS 165 Supply and Export/Import 165 Challenges and Opportunities 165 AFRICAN AND OCEANIA UF MARKET AND INDUSTRY 165 AFRICAN AND OCEANIA UF MARKET BY APPLICATION 166 TABLE 100 AFRICAN AND OCEANIA UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 UF Wood Products 166 Other UF Applications 166 SUPPLIES AND TRENDS

18 Supply and Export/Import 167 Challenges and Opportunities 167 AFRICAN AND OCEANIA PF MARKET AND INDUSTRY 167 AFRICAN AND OCEANIA PF MARKET BY APPLICATION 167 TABLE 101 AFRICAN AND OCEANIA PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 PF Wood Adhesive 168 PF Electronics 168 PF Molding 168 Other PF Applications 168 SUPPLIES AND TRENDS 168 Supply and Export/Import 168 Challenges and Opportunities CHAPTER 15 COMPANY PROFILES 170 TABLE 102 MARKET SHARE OF COMPANIES INVOLVED IN NON-POLYOLEFIN COMMODITY RESIN PRODUCTION, 2010 ($ BILLION, %) AMERICAS STYRENICS 171 BRASKEM 171 CHI MEI CORPORATION 171 CHINA NATIONAL PETROLEUM CORPORATION (CNPC) 172 EXXONMOBIL CHEMICAL COMPANY 172 FORMOSA PLASTICS GROUP 173 GEORGIA GULF CORPORATION 173 HANWHA CHEMICAL CORPORATION 173 INEOS CHLORVINYLS LIMITED 174 LG CHEM LTD 174 LYONDELLBASELL INDUSTRIES 174 MOMENTIVE 175 OCCIDENTAL CHEMICAL CORPORATION 176 POLIMERI EUROPA S.P.A. 176 RELIANCE INDUSTRIES LIMITED (RIL) 176 SHIN-ETSU CHEMICAL CO., LTD. 177 SINOPEC GROUP 177 STYROLUTION GROUP GMBH 178 THE DOW CHEMICAL COMPANY 179 TOTAL PETROCHEMICALS 179 TOYO STYRENE CO LTD 180 WESTLAKE CHEMICAL CORPORATION 180 WUXI XINGDA GROUP 180 XINJIANG TIANYE (GROUP) CO., LTD. 181 XINJIANG ZHONGTAI CHEMICAL (GROUP) CO., LTD CHAPTER 16 APPENDIX I: PATENTS 183 PVC PATENTS 183 STABILIZER COMPOSITIONS FOR HALOGEN CONTAINING POLYMERS 183 PROCESS FOR THE PURIFICATION FROM HEAVY METALS OF VINYL CHLORIDE POLYMERS 183

19 IMPACT STRENGTH MODIFIERS FOR POLYVINYL CHLORIDE RESIN AND METHOD OF PREPARING THEM PS PATENTS 183 PROCESS FOR PRODUCING POLYSTYRENE FOAM PARTICLES HAVING A HIGH DENSITY PREPARATION OF STYRENE HOMOPOLYMERS AND STYRENE-ETHYLENE COPOLYMERS TOUGH AND RIGID MIXTURES OF ALPHA-METHYLSTYRENE-ACRYLONITRILE COPOLYMERS AND OF BLOCK COPOLYMERS ABS PATENTS 184 METHOD OF MANUFACTURING AND ABS RESIN MOLDED PART 184 CONDUCTIVE RESIN COMPOSITION AND CONDUCTIVE SHEETS COMPRISING THE SAME FLAME RETARDANT THERMOPLASTIC MOLDING COMPOSITIONS 184 FLAME RETARDING COMPOSITE MATERIAL 185 PMMA PATENTS 185 BONE CEMENT COMPOSITION AND METHOD 185 PMMA BINDING PEPTIDES AND METHODS OF USE 185 MASTERBATCH CONTAINING ADHESIVE PMMA AND ITS USE FOR THE PRODUCTION OF POLYOLEFIN FILMS EVA PATENTS 185 PROTECTIVE SHEET MADE FROM A BLEND OF ETHYLENE VINYL ACETATE (EVA) AND POLYETHYLENE (PE) MULTI-LAYER THERMOPLASTIC FILMS AND PACKAGES MADE THEREFROM 186 SOLAR CELL MODULE 186 UF PATENTS 186 AMINOPLAST RESIN OF HIGH PERFORMANCE FOR LIGNOCELLULOSIC MATERIALS 186 BINDER COMPOSITIONS FOR FIBER MATS, AND FIBER MATS AND ARTICLES COMPRISING THEM PF PATENTS 186 PHENOL-FORMALDEHYDE RESIN HAVING LOW CONCENTRATION OF TETRADIMER 186 CROSS-LINKED POLYESTER PROTECTIVE COATINGS 187 WOOD COMPOSITES, METHODS OF PRODUCTION, AND METHODS OF MANUFACTURE THEREOF FORMALDEHYDE-FREE PHENOLIC RESIN BINDER CHAPTER 17 APPENDIX II: REGULATIONS AND TARGETS 189 CHAPTER 18 APPENDIX III: GLOSSARY 191 CHAPTER 19 APPENDIX IV: BIBLIOGRAPHY 194

20 LIST OF TABLES TABLE HEADING SUMMARY TABLE GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY SEGMENT, THROUGH 2016 ($ BILLIONS) TABLE 1 GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 2 NON-POLYOLEFIN COMMODITY RESIN PRICES BY PRODUCT, THROUGH 2016 ($/METRIC TON) TABLE 3 GLOBAL SIZE OF POLYOLEFIN MARKET IN VOLUME TERMS BY PRODUCTS, THROUGH 2016 TABLE 4 GLOBAL PVC MARKET BY SUBPRODUCTS, THROUGH 2016 ($ BILLIONS) 20 TABLE 5 GLOBAL PVC MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 TABLE 6 GLOBAL PS MARKET BY SUBPRODUCT, THROUGH 2016 ($ BILLIONS) 23 TABLE 7 GLOBAL PS MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 TABLE 8 GLOBAL ABS MARKET BY SUBPRODUCTS, THROUGH 2016 ($ BILLIONS) 26 TABLE 9 GLOBAL ABS MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 TABLE 10 GLOBAL PMMA MARKET BY SUBPRODUCT, THROUGH 2016 ($ BILLIONS) 29 TABLE 11 GLOBAL PMMA MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 TABLE 12 GLOBAL EVA MARKET BY SUB-PRODUCT, THROUGH 2016 ($ BILLIONS) 31 TABLE 13 GLOBAL EVA MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 TABLE 14 GLOBAL UF RESIN MARKET BY SUBPRODUCT, THROUGH 2016 ($ BILLIONS) 34 TABLE 15 GLOBAL UF RESIN MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 TABLE 16 GLOBAL PF RESIN MARKET BY SUBPRODUCT, THROUGH 2016 ($ BILLIONS) 36 TABLE 17 GLOBAL PF RESIN MARKET IN VOLUME TERMS BY SUBPRODUCT, THROUGH 2016 TABLE 18 GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) TABLE 19 GLOBAL PVC MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 40 TABLE 20 GLOBAL PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 21 GLOBAL PS MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 42 TABLE 22 GLOBAL PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 23 GLOBAL ABS MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 43 TABLE 24 GLOBAL ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 25 GLOBAL PMMA MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 45 TABLE 26 GLOBAL PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 27 GLOBAL EVA MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 46 TABLE 28 GLOBAL EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 ($ BILLIONS) TABLE 29 GLOBAL UF RESIN MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS) 48 TABLE 30 GLOBAL UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 31 GLOBAL PF RESIN MARKET BY APPLICATION, THROUGH 2016 ($ BILLIONS)

21 TABLE HEADING TABLE 32 GLOBAL PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 33 GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) TABLE 34 GLOBAL PVC MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) 53 TABLE 35 GLOBAL PS RESIN MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) 54 TABLE 36 GLOBAL ABS MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) 55 TABLE 37 GLOBAL PMMA RESIN MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) TABLE 38 GLOBAL EVA MARKET BY TECHNOLOGY TYPE, THROUGH 2016 ($ BILLIONS) 57 TABLE 39 PROCESS ECONOMICS COMPARISON FOR PVC RESINS ($ PER METRIC TON) 65 TABLE 40 PROCESS ECONOMICS COMPARISON FOR ABS RESINS ($ PER METRIC TON) 67 TABLE 41 PERFORMANCE COMPARISON FOR PS, PMMA, IPMMA AND SAN ($ PER METRIC TON) TABLE 42 NON-POLYOLEFIN COMMODITY RESIN PATENT NUMBERS BY PRODUCTS, (NUMBER OF PATENTS) TABLE 43 NON-POLYOLEFIN COMMODITY RESIN PATENT NUMBERS BY YEAR, (NUMBER OF PATENTS) TABLE 44 NUMBER OF NON-POLYOLEFIN COMMODITY RESIN PATENTS BY COUNTRY OR REGION, (NUMBER OF PATENTS) TABLE 45 GLOBAL CAPACITY OF NON-POLYOLEFIN COMMODITY RESIN INDUSTRY BY PRODUCT, THROUGH 2016 TABLE 46 GLOBAL OUTPUT OF NON-POLYOLEFIN COMMODITY RESIN INDUSTRY BY PRODUCT, THROUGH 2016 TABLE 47 OPERATING RATES OF NON-POLYOLEFIN COMMODITY RESIN INDUSTRY BY PRODUCT, THROUGH 2016 (%) TABLE 48 CHINESE NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 49 CHINESE NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 TABLE 50 CHINESE PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 51 CHINESE PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 52 CHINESE ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 53 CHINESE PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 54 CHINESE EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 55 CHINESE UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 56 CHINESE PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 57 ASIAN NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 58 ASIAN NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 TABLE 59 ASIAN PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 60 ASIAN PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 (MILLION METRIC TONS)

22 TABLE HEADING TABLE 61 ASIAN ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 62 ASIAN PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 63 ASIAN EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 64 ASIAN UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 65 ASIAN PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 (MILLION METRIC TONS) TABLE 66 NORTH AMERICAN NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 67 NORTH AMERICAN NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 TABLE 68 NORTH AMERICAN PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 69 NORTH AMERICAN PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 70 NORTH AMERICAN ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 71 NORTH AMERICAN PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 72 SIZE OF NORTH AMERICAN EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 73 NORTH AMERICAN UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 74 NORTH AMERICAN PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 75 EUROPEAN NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 76 EUROPEAN NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 TABLE 77 EUROPEAN PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 78 EUROPEAN PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 79 EUROPEAN ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 80 EUROPEAN PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 81 EUROPEAN EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 82 EUROPEAN UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 83 EUROPEAN PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 84 SOUTH AMERICAN NON-POLYOLEFIN COMMODITY RESIN MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 85 SOUTH AMERICAN NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 TABLE 86 SOUTH AMERICAN PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH

23 TABLE HEADING TABLE 87 SOUTH AMERICAN PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 88 SOUTH AMERICAN ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 89 SOUTH AMERICAN PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 90 SOUTH AMERICAN EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 91 SOUTH AMERICAN UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 92 SOUTH AMERICAN PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 93 AFRICAN AND OCEANIA NON-POLYOLEFIN COMMODITY MARKET BY PRODUCT, THROUGH 2016 ($ BILLIONS) TABLE 94 AFRICAN AND OCEANIA NON-POLYOLEFIN COMMODITY MARKET IN VOLUME TERMS BY PRODUCT, THROUGH 2016 TABLE 95 AFRICAN AND OCEANIA PVC MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 96 AFRICAN AND OCEANIA PS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 97 AFRICAN AND OCEANIA ABS MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 98 AFRICAN AND OCEANIA PMMA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 99 AFRICAN AND OCEANIA EVA MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 100 AFRICAN AND OCEANIA UF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 101 AFRICAN AND OCEANIA PF MARKET IN VOLUME TERMS BY APPLICATION, THROUGH 2016 TABLE 102 MARKET SHARE OF COMPANIES INVOLVED IN NON-POLYOLEFIN COMMODITY RESIN PRODUCTION, 2010 ($ BILLION, %)

24 LIST OF FIGURES FIGURE TITLE SUMMARY FIGURE GLOBAL NON-POLYOLEFIN COMMODITY RESIN MARKET BY SEGMENT, ($ BILLIONS) FIGURE 1 CALCIUM CARBIDE PVC MANUFACTURING FLOW 60 FIGURE 2 ETHYLENE PVC MANUFACTURING FLOW 60 FIGURE 3 PS MANUFACTURING FLOW CHART 61 FIGURE 4 ABS HYBRID EMULSION/MASS MANUFACTURING FLOW 62 FIGURE 5 ABS CONTINUOUS MASS POLYMERIZATION MANUFACTURING FLOW 62 FIGURE 6 PMMA MASS POLYMERIZATION MANUFACTURING FLOW 63 FIGURE 7 PMMA SUSPENSION POLYMERIZATION MANUFACTURING FLOW 63 FIGURE 8 EVA HIGH-PRESSURE CONTINUOUS MASS CO-POLYMERIZATION MANUFACTURING FLOW FIGURE 9 UF POLYCONDENSATION MANUFACTURING FLOW 64 FIGURE 10 PF POLYCONDENSATION MANUFACTURING FLOW