World Plastics Processing Machinery Market
Global demand to climb 4.7% annually through 2012
Global demand for plastics processing machinery is forecast to climb 4.7 percent annually through 2012 to $24.9 billion. Product sales will be spurred by ongoing economic growth and rising personal income levels, resulting in increased plastics product consumption, processing activity and associated equipment demand. Market advances will be constrained to some extent by a moderation in fixed investment spending following a period of healthy gains, as well as by competition from used and rebuilt machinery. However, the large increases that have been recorded in energy and resin prices in recent years will provide some offsetting support, leading to the replacement of older plastics processing equipment by new machinery that is more productive and energy efficient.
Study coverage
This new Freedonia industry study, World Plastics Processing Machinery, is priced at $5600. It presents historical demand data (1997, 2002, 2007) plus forecasts for 2012 and 2017 by product, application, world region and for 30 major countries. The study also considers market environment factors, evaluates company market share and profiles industry competitors.
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