Plastics processing machinery includes different varies of equipment. According to a global industry analyses report, global plastics processing machine market is expected to exceed USD13 Billions by 2015. The emerging markets of China, India, Brazil, and Russia are becoming more significant contributors to sales volume and producer revenues. While, low demand of domestic markets compelled manufacturers to look for other global markets to try and offset losses, which intensified price-based competition among them.
The major share of the global plastics processing machinery market is from Asia-Pacific and Europe and an increased demand for machinery will be from Eastern Europe, Asia, Latin America, and Africa and Middle East and are expected to surpass the demand from developed markets of the Western Europe,Japan, US, owing to factors such as stable economic growth, increasing focus on industrialization, and rising income level of the regions. China is emerging as a major market for plastics processing machinery and others like India and Russia are also expected to be robust gains.
Injection molding machines
Another important machine in the global plastics processing machinery market is injection molding machines. The continued occupation of injection molding machinery market is due to advantages such as energy efficiency high level in processing, enhanced accuracy in manufacturing products, and improved flexibility, which enable machines to manufacture large range and variety of products.
The market for extrusion machines is expected to achieve robust gains, benefiting from the growth in worldwide construction spending in the post-recession scenario that is likely to stimulate
the demand for extruded goods such as sidings and pipes. Advancements in the extrusion technology are likely to bolster the sales of more productive and higher priced machinery.
Global demand for plastics processing machineries is expected to rise 6 percent per year through 2015. Sales growth will be promoted by acceleration in plastic manufacture output and by worldwide favorable fixed investment environment. Additionally, rising income levels, especially in developing countries, will stimulate demands for both plastic products and plastic packaging.