U.S. plastic machinery market ushered in a new spring

After a decade of decline, the plastic machinery market in the United States ushered in a new spring. According to local U.S. observers, the injection molding machine market has been heating up in the past two years and has been on an upward trend. This trend will continue into 2012. 2011 is coming to an end. Although the level before the economic downturn has not yet been restored, according to executives of some press companies, at present, the overall level of the US press market is developing in a good direction.

Arburg's president Friedrich Kanz said that the market for plastic machinery seems to be "rebirth", and many manufacturers have begun to reorder machinery and equipment.

According to data from the Washington-based Plastics Industry Association (SPI), after the 2009 downturn, the 2011 market rebound continued from the beginning of the year to the end of the year, and the press market level increased by 15% compared with 2010.

Many corporate executives said that the recovery of the auto industry has also led to the development of presses. Affected by demand, the automotive industry needs constant innovation and innovation, and molding sales have also increased significantly.

Sales of cars and light trucks in the United States have risen to US$13 million this year. Experts expect this value to climb slightly in 2012.

Bob Columbus, sales manager at JSW Plastics Machinery (headquartered in Lake Zurich, Illinois), said that in the face of strong demand, they continue to improve and improve their technology. “The past decade has been quite bad for us, but now, the opportunity has come. I am very grateful to the staff for their good performance in the past decade,” said Bob Columbus.

“The American auto industry is recovering and it will lead to rapid development in other markets,” Friedrich Kanz, president of Arburg, added.

Of course, some people still think that the revenue from presses in 2012 will be limited. However, Glenn Frohring, president of the company located in Massachusetts, said that in view of the current situation, the development of molders in the past two years will be incalculable. "Now that we have created machines with mixed power and all-electric motors, there is no reason not to replace them with new ones in order to save energy and improve efficiency," said Glenn Frohring.

"The situation this year is really good, but we still need to maintain an optimistic and cautious attitude. It is not difficult for us to see the press market grow for three consecutive years," he added.

Bill Duff, national sales manager of Negri Bossi (USA), believes that although the automotive industry has strong demand, the overall economy of the United States remains weak and people are still holding a wait-and-see attitude. They are very cautious.

Not only that, due to the promotion of automotive, medical and electronic applications, the compound annual growth rate in North America in 2015 is expected to be 4.1%. Among them, building applications account for almost 60% of the total, and electronic applications will become the fastest growing part.

Analysis of the US plastics market We have concluded that the rapid development of the automotive, medical, construction, and electronics sectors will lead to a significant increase in per capita demand for plastics in recent years, which will drive the rapid development of the plastics machinery market. Perhaps the current global economic situation still has some haze, but from the current situation, this does not affect the overall development prospects of the press market.