Why the plastic machinery industry has good development prospects

With the extensive application of plastic products, the 100 plastic machinery industry has also continued to develop, from pure agricultural use, civil use to national defense, building materials, aerospace, petrochemical and other fields, the market scale continues to expand, increasing year by year for consecutive years. According to the "Analysis Report on the Production and Sales Demand and Investment Forecast of China's Plastic Machinery Industry", in 2005, China's plastic machinery output ranked first in the world; in 2010, the total output value of plastic machinery exceeded 40 billion yuan. While meeting the domestic demand, the export volume is also increasing.
China's plastic machinery can continue to expand exports while meeting domestic supply, thanks to a complete industrial chain and a relatively concentrated production cluster. In the future, for the plastic machinery industry, it is necessary to increase investment in technology, increase awareness of innovation, attract professional and technical personnel, and achieve large-scale and specialized production, thereby shortening the gap between domestic and foreign technological levels. Specifically, we must increase efforts to develop precision injection molding machines and precision extruders, mainframes and microcomputers, and pay attention to the development of energy-saving plastic machinery.