Due to its versatility, the injection molding machine has a wide range of applications and will continue to hold the most important position, accounting for two-fifths of the mechanical sales market by 2017. According to recent reports, the global plastics processing machinery market is expected to grow at a rate of 6.9% per year, and the global market will reach $37.1 billion in 2017.
China is still the world's largest market for machinery and equipment. It occupied 29% of the global market in 2012 and will continue to lead the global market. India will be the fastest growing country in the world, accounting for 12% of the global market share in 2013. According to the global regional market, the central and southern markets of the United States have the fastest growth rate, followed by Africa and the Middle East. It is expected that by 2017, due to the development of the global transportation industry, machinery manufacturers in Asia and the Pacific will be able to obtain the advantage of fast delivery.
In the first three quarters of 2013, China's import and export trade deficit of injection molding machines reached US$48.76 million, a sharp drop of 72.2% year-on-year; injection molding machines accounted for 47.7% of the top ten import fields as modified plastics. The injection molding machine is one of the largest categories of commercial deficits in the market. The extruder is one of the machines imported from China's plastic machine foreign trade market after the injection molding machine. In the first three quarters of 2013, China exported a total of 9262 extruders and 238 million US dollars, accounting for 48.2% of the top ten export destinations.
In recent years, with the increase in the demand for downstream plastic products, the overall demand for China's plastic machinery domestic market has grown steadily. According to the “Twelfth Five-Year†development plan of the plastic machine industry, in the next five years, the plastic machine industry will grow by an average of more than 12% per year, and the total industrial output value and total sales of the whole industry will reach more than 50 billion yuan. Since the current domestic market activity is lower than the international market, the domestic situation will prompt more companies to go international. It can be expected that in the future, the press industry will have an export fever, and this fierce domestic competition will be transmitted to the international market. By then, the international market will usher in a fierce and fast-growing situation.
“The 3D plastic printer will be the fastest growing plastic processing equipment, from the current relatively small market situation to other areas of processing and production. With the rapid growth of the world construction market, the sales of extrusion machinery will welcome Come to a period of fastest growth," said the Cleveland Research Group.
From the perspective of subdivided species, in the first three quarters of 2013, China’s cumulative injection molding machines from Brazil, Thailand, modified plastics Turkey, Indonesia, and the United States were far apart, limited to between 4,454 and 49,220,000 US dollars; The five major import sources have imported China's injection molding machines accounted for 34.8% of China's total injection molding machine exports; since last year, China's injection molding machine imports have begun to decline, a drop of 18.1%. Overall, imports increased slightly, but year-on-year The increase is small.
A new study says a better market for sales is coming, from fixed investment spending and the acceleration of plastics production. Packaging will be the largest market for plastics processing machinery and is expected to exceed one-third of total sales by 2017. The next largest end market will be consumer products and construction.
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