Statistics show that in 2017, the revenue from main business of rubber and plastic products in China was 3,165.69 billion yuan, up 7.3% over the same period of last year; and the profit was 185.2 billion yuan, up 3.7% over the same period of last year.
Globally, "Global Market for Plastic Product Manufacturing 2017" shows that the global plastic product market is growing at an annual rate of about 3%. In 2016, it will have a value of 1.06 trillion U.S. dollars and will grow to 1.175 trillion U.S. dollars by 2020. The largest proportion of plastic packaging materials and non-laminated film and sheet manufacturing, accounting for about 20% of the total.
According to the current data analysis, both in China and around the world, the plastics market has shown an increasing trend. Other overseas plastics market conditions also showed a good trend.
It is understood that the U.S. plastics market grew at an annual rate of 1.6%, slightly lower than China's 3%. Compared to China and the United States, India and Brazil are smaller but their growth rate is not small. Data show that the two countries 8% annual growth rate.
German plastic industry
For more than three years, the German plastics industry in the German state has only one direction - to move forward and to continue this trend in the second half of 2017. Compared with the first half, most of the plastics industry companies have further improved performance, work motors and investment is running at full speed, the current prosperity can not see the end.
The result is a survey of 527 exhibitors based on industry analyst "KI (Plastic Information)" about the plastic boom in 2H17. Since 2001, KI has been investigating plastic industry executives about business development and expectations, investment and employment every six months.
Compared with the first half of 2017, 53% of the companies surveyed have increased their business performance. Only 40% of companies expect their performance to increase by mid-year. In the second half, only 9% of the company's business declined.
During the survey, 44% of all surveyed companies hired additional staff and only 8% laid off their jobs. Since 2012, the employment of motor in plastic industry has been running at full speed. The shortage of skilled workers is the fly in the ointment in 2017. More than 50% of companies face challenges, but at the same time, confidence in further growth remains unchanged. Since the survey started in 2001, 46% of companies want to increase their investment by 2018, and 51% have focused on capacity expansion, both of which have set new record highs.
Italy rubber machinery market
Prior to this, Amaplast said that in 2017 the Italian rubber and plastic machinery manufacturing industry is expected to achieve a growth of more than 5%. The annual output value of 4.5 billion euros, a new record, the highest before the record Back 10 years ago, in 2007 it was 4.25 billion euros.
In the first nine months of 2017, imports of rubber and plastic machinery and equipment increased by 12% and exports grew by 16%. The trade surplus now exceeds 1.7 billion euros, an increase of 17 percentage points. In the first 9 months, 70% of Italian rubber and plastic machinery products were exported abroad, and most of them achieved good sales performance. In the core machinery sector, the export of thermoforming machines increased by 51% and the export of extruding machines by 19%, with the average export data above the average. All the data shows that the positive trend of import and export market of Italian rubber and plastics processing machinery, equipment and molds is still not diminished.
American Plastics (Machinery) Market
The major US injection molding machine makers said their shipments in 2017 are expected to be around 4,000 units. If that is the case, it will be the third consecutive year that injection press shipments will reach the benchmark interest rates set by manufacturers.
In 2017, sales of machinery increased more than sales due to higher demand for large-tonnage machinery.
In addition, it is reported that the United States in 2018 propylene production is expected to "blowout." This is mainly due to a new propane dehydrogenation (PDH) plant will be put into operation, while some new cracker will be put into operation, but propylene downstream derivatives remained stable.