The plastics industry is closely linked with economic development. Injection molding machine Applied Market Information's study shows that the European plastics industry is living in a turbulent period, we are trying to get out 2008--2009 financial crisis and 2012--2013 euro zone crisis recession. AMI predicts that by 2019, the European polymer demand grow at an annual rate of 1% growth.
K2016 recently issued a "Cautious Optimism: The State of the European Plastics Industry", the report noted that fluctuations in raw material prices and unstable supply, high energy costs, is the main problem facing the European plastics industry injection molding machines, and recycling economy has become the focus of the European plastics injection molding machine industry.
Although the European plastics industry is facing many challenges, they are still a good format to cautious optimism greet K2016, and Industry 4.0, will also be exhibiting this year, many European companies show theme.
Suppliers still more optimistic
Overall, compared to the European polymer producers are still optimistic. As Mark Garrett, CEO of Borealis said polyolefin integrated industry profits are at record levels. He pointed out that the price of polyolefins by strong market demand with supply shortages impact, especially outside some of the planned plant shutdown affected.
Processors busier
Future of the European injection molding machine plastic processing industry seems to have improved, some countries' industry association report showed the industry increased. Even in the consumer always sustained stable state of Italy, the injection molding machine with mold Plastics and Rubber Machinery Manufacturers Association Assocomaplast report also showed that orders for Italian manufacturers showed a strong upward development trend.
After 2014, Germany also obtained record orders in 2015 still continued moderate growth. But the chairman of the German Plastics Processing Industry Association GVK's Dirk Westerheide, the market's short-term volatility and price volatility of raw materials, especially polypropylene with polyethylene regrets.
Material supply instability
By 2015, the entire European continent plastic injection molding machine processors to obtain supplies of raw materials in the presence of difficult angles. Several major European polyolefin factory at a long period of stagnation, the old rules of the global economy with trade to make plastics processors is difficult to find a suitable material in the international market. These factors include a weaker euro, the dollar exchange rate changes as well as strong market demand in Asia with the United States. There are signs that price fluctuations of raw materials this year, this should be relatively small.
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