Freedonia In The News

Article Title: Global market set to expand to 2021 / Solid growth in China / 3D printing gains in developed countri
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Publication: PIE Plastics Information Europe, 4/3/2018
Freedonia Study: Global Plastics Processing Machinery by Product and Market, 6th Edition (3603)

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The Chinese market for plastics processing machinery is predicted to expand by an average of 5.1% per year to USD 10.8 bn by 2021. Growth is being driven by the country’s rising middle class and strong demand for more premium plastics goods. Over the past five years, China has emerged as a leading global supplier of machinery, overtaking the major western European producers. Previously, most of China’s locally produced equipment was purchased domestically, and exports were limited.
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