history and trends in the plastics industry implications for its future presented by margaret baumann gh associates lebanon nj boston antec may 2005 background since 1950 s has grown to a major that effects all of our lives remain most versatile energy efficient materials used today 1976 plastic become material world replacement innovative uses applications people living na or europe do not know without trade shows conferences have served as platform introduce these new technologies growth us an average 7 per year past 40 years expansion third been dramatic china india experiencing nearly double digit process represent tremendous potential buying power life styles improve consumption slowed making far east attractive market how it started came age war ii traditional were being effort pacific cut off supply rubber became acceptable substitute