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Discover the Q1 2024 shipment data for primary plastics machinery in North America, revealing significant decreases in injection moulding and extrusion. Learn more about the industry trends.
Shipments of injection molding and extrusion machinery dropped nearly 25 per cent in Q1 2024, according to the Plastics Industry Association.
Following a 1.5% gain in shipments during the second quarter, the Plastics Industry Association report says, there was a reversal resulting in a 1.5% loss in Q3.
The value of second quarter shipments of injection molding and extrusion equipment dropped almost 20 percent to $331.6 million in a much more subdued manufacturing landscape compared with a year ago.
And the value of second quarter shipments of injection molding and extrusion equipment dropped almost 20 per cent compared with a year ago.