Data statistics show that in 2017, the main business income of China's rubber and plastic products industry was 3,165.69 billion yuan, an increase of 7.3%; The profit reached 185.20 billion yuan, an increase of 3.7%.

From a global perspective, the "Plastic Products Manufacturing Global Market 2017" study shows that the annual growth rate of the global plastic products market is about 3 percent. In 2016, it was worth $1.06 trillion and will grow to $1.175 trillion by 2020. The largest share is plastic packaging materials and unlaminated film and sheet manufacturing, which accounts for about 20 percent of the total.

According to the current data analysis, whether it is China or the world, the plastic market is showing a growing trend. The plastics market in other overseas countries has also shown a good trend.

It is understood that the annual growth rate of the United States plastic market is 1.6%, slightly lower than China's 3%, compared with the Chinese and American markets, India and Brazil market is small, but its growth rate is not small, there are data showing that the two countries are growing at an annual rate of 8%.

German plastics industry

For more than three years, the plastic industry in German-speaking countries has only one direction — — Moving forward, the second half of 2017 continues this trend. Compared to the first half of 2017, most companies in the plastics industry have further improved their performance, the working motor and investment are running at full speed, and there is no end to the boom in sight.

The results are based on a survey of 527 exhibitors by industry analyst KI(Plastics Information) on the boom in plastics in the second half of 2017. Since 2001, KI has been surveying executives in the plastics industry every six months on business developments and expectations, investment and employment.

53% of the companies surveyed reported an increase in business performance compared to the first half of 2017. At midyear, only 40 percent of companies expected their performance to improve. In the second half of the year, only 9% of companies expect business to decline.

During the survey period, 44 percent of all companies surveyed hired additional workers and only 8 percent laid off workers. The job motor in the plastics industry has been running at full speed since 2012. A shortage of skilled workers was the fly in the ointment in 2017. More than 50 percent of companies face challenges, but at the same time, confidence for further growth remains unchanged. Since the survey began in 2001, 46 percent of companies are looking to increase investment in 2018 and 51 percent are focused on capacity expansion, both new highs.

Italian rubber and plastic machinery market

Earlier, the Italian rubber and plastic processing machinery and mold industry association (Amaplast) said that in 2017, the Italian rubber and plastic machinery manufacturing industry is expected to achieve more than 5% growth, the annual output value of 4.5 billion euros, A new record in history, the previous highest record back to 10 years ago, in 2007 for 4.25 billion euros.

In the first nine months of 2017, imports of rubber and plastic machinery and equipment rose 12 percent year on year, while exports rose 16 percent. The trade surplus now stands at over 1.7 billion euros, an increase of 17 percentage points. In the first nine months, 70% of Italian rubber and plastic machinery products were exported to foreign countries, and most achieved good sales performance. In terms of core machinery, the export of thermoforming machines increased by 51%, and the export of extruders increased by 19%, and the average export data was higher than the average. All the data show that the positive trend of the import and export market of Italian rubber and plastic processing machinery, equipment and molds remains unabated.

US Plastics (machinery) market

Major US injection molding machine manufacturers said their shipments are expected to be around 4,000 units in 2017. If it does, it would be the third year in a row that injection molding machine shipments have reached what manufacturers consider the benchmark rate.

In 2017, machinery sales increased faster than sales volume growth, driven by higher demand for large-tonnage machines.

In addition, there are reports that US propylene production is expected to see a "blowout" in 2018. This is mainly due to a new set of propane dehydrogenation (PDH) plant will be completed and put into operation, while a number of new cracking plants will be put into operation, but propylene downstream derivative production capacity remains stable.

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