1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
  4. > World Plastic Processing Machinery Market

World Plastic Processing Machinery Market

  • November 2013
  • -
  • Freedonia
  • -
  • 450 pages

Summary

Table of Contents

World demand to grow 7% annually through 2017

Global plastics processing machinery demand is expected to advance 7.0 percent annually through 2017 to $37.6 billion. A healthier sales climate, resulting from accelerations in fixed investment spending and plastic resin consumption growth, will spur market gains through 2017. Equipment utilized in the production of plastic packaged goods will expand at the fastest pace through 2017 and climb the most in absolute terms.

Increases will be spurred by pickups in packaging demand and food and beverage manufacturing activity as living standards continue to rise in developing countries, stimulating greater consumption of packaged goods, particularly foods and beverages. Additionally, generally improved economic conditions in industrialized nations will lead to even higher packaging demand levels there. As a result, packaging will remain the largest single market for plastics processing machinery, followed in size by consumer/ institutional products, construction, and other miscellaneous markets.

3D printers, extrusion machinery to grow fastest

Injection molding equipment will continue to be the most popular product type, accounting for close to two-fifths of 2017 new machinery sales due to its versatility across a wide range of applications.

However, demand for 3D plastics printers is expected to grow the fastest of any plastics processing equipment type from a relatively small current market base. 3D printers offer more flexibility in product design than traditional machines and will provide functional competition to injection molding equipment for custom-made parts, as well as in other low output and prototyping applications.

In addition, advances in 3D printer technology and falling product prices will broaden the market for plastics processing machinery to include utilization by individual consumers, further bolstering demand. Extrusion machinery sales will climb at the next fastest rate, fueled by an increase in world construction activity.

Demand to post strongest gains in emerging markets

Developing markets will provide the best growth opportunities for suppliers of plastics processing equipment through 2017. Central and South American sales will climb the most rapidly, led by the large and fast-rising Brazilian market, followed by the Africa/Mideast region, led by Turkey. China is currently by far the largest national equipment market, accounting for 29 percent of all 2012 sales, and it will continue to dominate global demand in 2017. India will be the fastest-growing national market, however, expanding over 12 percent per year. Rising personal incomes in these developing countries, leading to greater demand for plastic products, will be the primary driver of sales advances.

The Asia/Pacific region will record the strongest plastics processing machinery shipment gains through 2017, led by China, which will account for 59 percent of total regional output. Not only will locally headquartered suppliers step up production, but many foreign multinationals will construct new or expand existing plants in Asia to reduce manufacturing and shipping costs and be closer to fast-growing customer bases there. Asia/Pacific industry output will also rise the most in dollar terms, as regional production expands from its already sizable base to account for half of worldwide equipment output in 2017.

Study coverage

Details on these and other findings are contained in the upcoming Freedonia industry study, World Plastics Processing Machinery, priced at $6100. It presents historical demand data for 2002, 2007 and 2012, plus forecasts for 2017 and 2022 by product, resin, process, market, world region and for 31 countries. The study also considers market environment factors, evaluates company market share and profiles industry players worldwide.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Plastic Processing Machinery Markets in China

Plastic Processing Machinery Markets in China

  • $ 4000
  • Industry report
  • February 2017
  • by Asia Market Information & Development Company

China’s demand for Plastic Processing Machinery has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high ...

Plastic Processing Machinery Industry Forecasts - China Focus

Plastic Processing Machinery Industry Forecasts - China Focus

  • $ 1800
  • Industry report
  • February 2017
  • by Asia Market Information & Development Company

This study focuses on China’s Plastic Processing Machinery industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities ...

Plastic Processing Machinery Companies in China

Plastic Processing Machinery Companies in China

  • $ 1800
  • Industry report
  • February 2017
  • by Asia Market Information & Development Company

This study focuses on China’s Plastic Processing Machinery industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions ...


ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.