3D printers offer more flexibility in product design than traditional machines and will provide functional competition to injection molding equipment for custom-made parts, as well as in other low output and prototyping applications. However, demand for 3D plastics printers is expected to grow the fastest of any plastics processing equipment type from a relatively small current market base. Injection molding equipment will continue to be the most popular product type, accounting for close to two-fifths of 2017 new machinery sales due to its versatility across a wide range of applications. As a result, packaging will remain the largest single market for plastics processing machinery, followed in size by consumer/institutional products, construction, and other miscellaneous markets. Additionally, generally improved economic conditions in industrialized nations will lead to even higher packaging demand levels there. Increases will be spurred by pickups in packaging demand and food and beverage manufacturing activity as living standards continue to rise in developing countries, stimulating greater consumption of packaged goods, particularly foods and beverages. Equipment utilized in the production of plastic packaged goods will expand at the fastest pace through 2017 and climb the most in absolute terms. Global plastics processing machinery demand is expected to advance 7% pa through 2017 to US$37.6 bln, with a healthier sales climate, resulting from accelerations in fixed investment spending and plastic resin consumption growth, will spur market gains through 2017, as per Freedonia’s industry study. Global plastic processing machine market to continue upward curve through 2017
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