HC Network Plastics News: With the continuous growth of the world economy, the future supply and demand market of plastic packaging machinery in the United States has increased year by year.
In the US market, the plastics machinery market will increase from US$2.4 billion in 2000 to US$2.8 billion in 2005, with a growth rate of 15.9%, with injection molding machines occupying the largest market share. In 2000, the market for injection molding machines in the United States reached 1.16 billion US dollars, accounting for nearly half of the market. It is estimated to reach 1.35 billion US dollars in 2005 and 1.56 billion US dollars in 2010. In terms of models, future injection molding machines still account for a large proportion of the US plastic machinery demand market, accounting for about 50%. Others such as extrusion molding machines and blow molding machines are not much different.
At present, the United States still belongs to the major importers of plastic machinery, but in recent years the amount of imports has decreased year by year, from $2.13 billion in 1999 to $1.44 billion in 2002. In terms of exports, it reached its peak in 2000, at US$1.26 billion. Later, due to the economic downturn, US plastic machinery exports fell to US$970 million in 2001 and 2002.
In recent years, the US imported machinery market has been divided by Japan, Germany, and Canada. In 2002, Canada's share reached 26.6%, reaching 380 million US dollars; Germany second, accounting for 22.4%; Japan third, accounting for 22.2%. Others are France, Italy, Austria, Switzerland, and the United Kingdom.
In the US market, the plastics machinery market will increase from US$2.4 billion in 2000 to US$2.8 billion in 2005, with a growth rate of 15.9%, with injection molding machines occupying the largest market share. In 2000, the market for injection molding machines in the United States reached 1.16 billion US dollars, accounting for nearly half of the market. It is estimated to reach 1.35 billion US dollars in 2005 and 1.56 billion US dollars in 2010. In terms of models, future injection molding machines still account for a large proportion of the US plastic machinery demand market, accounting for about 50%. Others such as extrusion molding machines and blow molding machines are not much different.
At present, the United States still belongs to the major importers of plastic machinery, but in recent years the amount of imports has decreased year by year, from $2.13 billion in 1999 to $1.44 billion in 2002. In terms of exports, it reached its peak in 2000, at US$1.26 billion. Later, due to the economic downturn, US plastic machinery exports fell to US$970 million in 2001 and 2002.
In recent years, the US imported machinery market has been divided by Japan, Germany, and Canada. In 2002, Canada's share reached 26.6%, reaching 380 million US dollars; Germany second, accounting for 22.4%; Japan third, accounting for 22.2%. Others are France, Italy, Austria, Switzerland, and the United Kingdom.
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