In recent years, China’s plastic machinery industry has had an important role in today’s world. More and more plastic products are exported overseas, especially in the large machinery industry. The plastics machinery market has become the main force.
The plastics machinery industry market performance had a growth peak period in 2010. The main reason for this phenomenon comes from the financial crisis of 2008 and 2009, in which the market was low. This caused the market in 2010 to rise. In 2012, the performance was affected by the downturn of the overall OEM industry and automobile industry. This created slow development of the plastic machinery industry, as one of the main economic indexes suffered from negative growth. According to a relevant market research survey in 2012, the automation of the plastic machinery industry’s overall scale declined about 6.5%.
As a standard to measure a country’s level of development, the plastic to steel ratio, China is only 30:70, less than the world average of the plastics industry at 50:50. This is far less than developed countries such as America’s 70:30 and Germany’s 63:37. In other words, the plastic products and plastic machinery industry in China has a large opportunity for growth and development. At the same time, along with the sustained and rapid development of the national economy, the advancement of energy conservation, environmental protection and a green low carbon economy, China’s per capita consumption will gain faster growth, as the development prospects of China plastics machinery industry improve.
Industry insiders say that China and the international level in the plastic machinery industry, the "machine" being the core part, differ in many ways, from raw materials to the mechanical equipment processing and mechanical design. Advanced foreign technology for Chinese enterprises is still not better than, in the short term.
In 2013, with the overall economic recovery and the direct promotion of industrial upgrading, the automation of the plastic machinery industry’s market in 2013 will return to normal levels of growth, and more likely join the ranks of the international advanced level.
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