Growing demand for packaging plastics machinery around the world

With the continuous development of the packaging machinery market, the growth in the demand for packaging plastics machinery around the world will be different in the coming years. The market demand in the United States has decreased in recent years, and the strong growth in the Asian and European markets will keep the global market supply and demand balanced.

Plastic compounding machines are twin-screw extruders, reciprocating single-screw compounders and other similar equipment. The Asian packaging plastics machinery market will continue to flourish in the future, but the increasing demand is increasingly being met by the supply of local machinery manufacturers. The fastest-growing product in the market is the co-rotating twin-screw extruder because it is the most suitable equipment for thermoplastic compounding. The compound material includes many special materials and large-capacity products that are widely recognized by users. The growth rate of demand for TPE (thermoplastic elastomer) compounding products in most parts of the world will be higher than the average level of the overall plastics compound. PVC (polyvinyl chloride) compounds are still the most used species. On-line compounding currently exists. Has been widely used.

It is reported that in the next few years, Europe and Japan are still the main export areas for plastic compounding machinery. North America and Asia are still the largest regions for the distribution of machinery into Japan, but new local manufacturers will have a huge impact on existing export machinery manufacturers.