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Drinking Straw Machine Market Size

Hangzhou Newtech Machinery Co.,Ltd | Updated: Oct 13, 2017

Drinking Straw Machine Market size

According to the latest US industrial market research firm survey results show that the future global plastic processing equipment market will be an average annual rate of 3.5% increase to 2009 will reach 18.8 billion US dollars.

Survey, the United States and Japan, plastic processing equipment demand will re-show signs of recovery, Western European market demand will accelerate growth in 2009. As the overall global economic situation to improve, income, plastic products, consumer demand and production will continue to grow. China, India and Russia, plastic processing equipment sales prospects. Turkey, the Czech Republic, Iran and other developing countries and regions have benefited from steady growth in the economy, continued industrialization and increased personal income, and demand for plastics processing equipment will increase.

From the product type, the global demand for extrusion equipment is expected to exceed other types of plastic processing equipment. The continued development of the global construction market has stimulated the demand for extruded products such as pipes and siding, thus boosting demand for global extrusion equipment.

In 2006, the global output of plastic and rubber equipment increased to 19.6 billion euros (15.6 billion euros in 2005). Germany's plastics and rubber equipment manufacturers again reached 24.9%, ahead of China (13.7%), Italy (12.4%), the United States (9.3%) and Japan (8.8%). China's plastics and rubber equipment manufacturers are now not only more than rivals Japan and the United States, but also more than Italy.

In 2006, global exports reached 14.4 billion euros (13.4 billion euros in 2005). Among them, the German rubber and plastics equipment in the global share of exports accounted for 24.9% (25% in 2005), the German plastics and rubber equipment manufacturers are still in the industry's global export leadership. Japan's share of global exports was 12.8%, down from the previous year (14.2% in 2005). According to official figures, Italy's share of exports in 2006 was 10.7% (10.9% in 2005); the United States was No. 4, with a share of 7.0% (7.2% in 2005) and then China. The share of China has increased significantly, reaching 5.8% (4.5% in 2005).

In recent years, the rapid development of the global plastics machinery market, which can be seen, but the level of differences in machinery manufacturing, the development of different places vary. Only 2006 global injection molding machine as an example, indicating the status of plastic machinery in various regions.

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