12 May 2021 in News
China, machines for plastic material still growing up
The request for machines and tools for the processing of plastic material in china has reached in year 2020 the value of 10,6 billion dollars, with a medium yearly growth rate of 8,7% in the last decade.
After a huge growth of the first years 2000, the market has significantly slowed down in the last 3-4 years, in connection to both the general slowing down of the world and chinese economy, and, especially in the last two years period in connection to the covid-19 that has significantly penalised the sparkling chinese economy, that has anyway resisted better than all other countries.
Source: https://www.plastmagazine.it/cina-e-ancora-crescita-per-i-macchinari-per-materie-plastiche