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industry trends
 
US agency expects global plastics machinery amounted to $ 37.1 billion in sales

Source: CPRJ China Plastic & Rubber | Author: pleased | Release date :2014-01-10


According to U.S. research firm Freedonia Groups report, along with the rise in fixed investment and increase production of plastic products, plastic processing machinery next three years, global demand will grow at a rate of 6.9%, in 2017 total sales of 37.1 billion dollars.


Report analysis, injection molding machine is still the most important varieties of processing machinery, 2017 sales are expected to account for 2/5 or so; followed by the extruder, the growth of the species to benefit from the development of the global construction industry; coming years 3D demand the fastest growth rate of the plastic printer, despite the relatively small size of its current market.


Packaging will remain the largest application field of plastic processing machinery, expected to account for over 30% of 2017 total sales; second largest end market demand for consumer products; third for the construction industry.

 

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