Global plastic machinery will exceed US$13 billion in 2015

According to the latest research report released by Global Industry Analysis Corporation, the global plastic processing machinery will exceed US$13 billion by 2015, and injection molding machines will continue to be driven by the increasing demand in emerging markets such as Asia Pacific, Latin America, Eastern Europe, the Middle East and Africa. Lead this market.
In the global economic recession of 2008 and 2009, the global plastics processing machinery market was hit hard. After the global economy began to recover, the plastics processing machinery industry also completed the transfer of industries from west to east. The report predicts that in the future, with the steady economic growth and accelerated industrialization, and rising per capita income, the scale of plastics processing machinery in Asia, Latin America, Eastern Europe, the Middle East, and Africa is expected to exceed that of developed countries such as the United States, Japan, and Western Europe. . China will become the major market for plastics processing machinery in the world, and demand in India and Russia will also grow steadily. It is expected that by 2012, the demand for plastics processing machinery in China will reach US$3.5 billion.

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