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Analysis of Foreign Plastic Market in 2017

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Analysis of Foreign Plastic Market in 2017
       Source: China Plastic machinery network

Statistics show that the business income of china rubber and plastic product owners in 2017 was 316.569 billion yuan, up 7.3% year on year. Profits reached 185.2 billion yuan, up 3.7% year-on-year. From the perspective of scope, the research of "Plastic Products Manufacturing Market 2017" shows that the annual growth rate of plastic products market is about 3. In 2016, its value is 1.06 trillion US dollars, and it will grow to 1.175 trillion US dollars by 2020. The largest proportion is made of plastic packaging materials and non-laminated films and sheets, accounting for about 20% of the total. According to the current data analysis, both in China and within the scope, the plastic market is showing a growing trend. The plastic market in other overseas countries also showed a good trend. It is understood that the annual growth rate of the U.S. plastic market is 1.6, slightly lower than that of China's 3. Compared with the China-U.S. market, the Indian and Brazilian markets are smaller in scale, but their growth rate is not small. Data show that the two countries are growing at an annual rate of 8%. German Plastics Industry For more than three years, the plastic industry in German-speaking countries has only one direction to continue, and this trend will continue in the second half of 2017. Compared with the first half of the year, the performance of most plastic companies has been further improved. Work motors and investment are running at full speed. At present, the end of the prosperity is not yet seen. This result is based on a survey of 527 exhibitors on the plastic boom in the second half of 2017 by industry analyst KI. Since 2001, KI has been investigating senior executives in the plastic industry every six months on business development and expectations, investment and employment. Compared with the first half of 2017, 53% of the enterprises surveyed have increased their performance. By the middle of the year, only 40% of enterprises expected their performance to increase. In the second half of the year, only 9% of the companies saw their business decline. During the survey period, 44 of all the companies surveyed employed additional employees, and only 8 made layoffs. Since 2012, the employment motor in the plastic industry has been running at full speed. The shortage of skilled workers is a U.S.-China shortage in 2017. More than 50 companies face challenges, but at the same time, confidence in further growth remains unchanged. Since the survey began in 2001, 46 companies hope to increase investment in 2018 and 51 focus on capacity expansion, both of which have reached new highs. Italian Rubber and Plastic Machinery Market Previously, the Italian Rubber and Plastic Processing Machinery and Mould Industry Association said that the Italian rubber and plastic machinery manufacturing industry is expected to achieve more than 5% growth in 2017, with the annual output value reaching 4.5 billion euros, a new record. The previous high record dates back to 10 years ago and was 4.25 billion euros in 2007. In the first nine months of 2017, imports of rubber and plastic machinery and equipment increased by 12% and exports by 16% year on year. The trade surplus has now exceeded 1.7 billion euros, an increase of 17 percentage points. In the first nine months, Italian rubber and plastic machinery products 70 were exported, and most of them achieved good sales results. In terms of core machinery, the export of thermoforming machines increased by 51%, while the export of extruders increased by 19%, with the average export data higher than the average. All the data show that the positive trend in the import and export market of Italian rubber and plastic processing machinery, equipment and moulds remains unchanged. U.S. Plastic Market Major US injection molding machine manufacturers said their shipments are expected to be around 4,000 units in 2017. If so, this will be the third year in a row that the injection molding machine shipments have reached the benchmark interest rate that manufacturers believe. In 2017, the growth of machinery sales was higher than that of sales due to the higher demand for large tonnage machinery. In addition, there are reports that U.S. propylene production is expected to blow out in 2018. This is mainly due to the fact that a new propane dehydrogenation unit will be completed and put into operation, while some new cracking units will be put into operation one after another, but the production capacity of propylene downstream derivatives will remain stable.


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