With the rapid development of the plastic industry, the market demand for plastic molding machine equipment greatly increased. Many enterprises through joint venture, cooperative and purchase of production manufacturing license and other methods with similar foreign companies, from abroad to introduce advanced technology and design and digestion and absorption, plastics machinery industry in China has been a significant improvement, products to meet the general requirements of engineering plastics processing industry initially.
Global demand for plastics processing machinery, estimated that the annual growth rate of 6.9%, reaching $37.1 billion in 2017, the growth or due to better sales, resulting in accelerated investment in fixed assets and economic growth in the production of plastic products.
Due to the global economic situation to improve, income, engineering plastic product consumption demand and production will continue to grow. China, India and Russia, the sales prospects of plastic processing equipment. Turkey, Czech, Iran and other developing countries and regions have benefited from the steady growth of the economy, the continuous development of industrialization and the increase of personal income, the demand for plastic processing equipment will grow. And packaging in the plastic processing machinery market will remain the largest, accounting for more than 1/3 of the total sales of 2017. The next biggest end market is consumer goods and architecture.
Injection molding equipment will continue to be the most important of a kind of processing machinery, accounts for nearly two fifths of the new sales in 2017, due to its versatility in a wide range of applications, the 3D printer plastics demand growth the fastest plastics processing equipment types from a relatively small current market foundation. Squeezing machinery sales will increase at the next fastest rate, supporting the growth of the world's building activities. China is now the country's largest equipment market, accounting for 29% of all sales of 2012, and in 2017 will continue to lead the global demand.
However, India will be the fastest growing country, based on the expansion of the 12%. region each year, it said sales in central and South America will climb the most quickly, followed by Africa / Middle East region.
As the basic necessities of life is people's life unable or missing, mechanical equipment is also the plastic industry to the lack of facilities, all-round development in the plastics industry at the same time, machinery and equipment also immediately great progress now the global economic situation for machinery and other machinery and equipment provides good opportunities for development, as a business owner, if determined to quickly catch only the opportunities will have very good development.
China after joining WTO to further improve the China plastic industry in the international market environment. Plastic machinery industry should seize the opportunity to make full use of the relevant policies, play local (domestic market) low labor costs and social stability, gross domestic product growth advantage, practicing skills, take effective measures, make the production efficiency have been walking in the machinery industry of China in the first China plastics machinery industry with higher average annual growth rate of glory.