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