Plastic Processing Machinery Market Understanding the Key Product Segments and their Future The global market for plastic processing machinery should grow from $35.4 billion in 2018 to reach $41.1 billion by 2023 at a compound annual growth rate (CAGR) of 3.0% for the period of 2018-2023.
BriefingWire.com, 5/03/2021 - The global market for plastic processing machinery should grow from $35.4 billion in 2018 to reach $41.1 billion by 2023 at a compound annual growth rate (CAGR) of 3.0% for the period of 2018-2023.
Report Scope:
The scope of this report is broad and covers global markets of plastic processing machinery used in various industry applications. The market is broken down by product types, by plastic type, industry applications and by region. Revenue forecasts from 2018 to 2023 are presented for each product type, industry application, and regional market.
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Image: Husky The next-gen melt delivery and control system breaks down barriers of traditional injection molding processes, according to Husky.
Husky Injection Molding Systems Ltd. has introduced the UltraShot injection system, which it describes as a next-generation melt delivery and control system that eliminates the deficiencies of traditional injection molding processes. It makes it possible to mold the perfect part at scale with unmatched quality, said Husky.
“With the UltraShot injection system, we are re-engineering the injection molding process,” said John Galt, President and CEO. “We are breaking down the barriers of traditional injection molding processes in order to achieve higher levels of capability, control, and overall part design freedom. The UltraShot injection system is a game changer and provides better control than anything else in the industry.”
Blow molding sector packs in pandemic-relief sales
W. Amsler Equipment Inc.
W. Amsler Equipment Inc., a manufacturer of all-electric linear PET stretch blow molding equipment, saw machine sales double in 2020.
From travel-size hand gels to industrial-size disinfectants and food-grade barrels, the lid blew off demand for many kinds of containers with the spread of the novel coronavirus.
Blow molding machine builders got to work.
The increased need for squeeze bottles, spray bottles and single-use containers for goods like sanitizers, household cleaners and food products was immediate. Everyone started cleaning their hands, wiping off their surrounding surfaces and dining in more often to fend off the respiratory illness.