The hottest plastic industry in the United States

2022-08-18
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The U.S. plastic industry continues to be bullish. Experts predict an increase of 2.2% in 2018

it is reported that the American Plastics Industry Association (PIA) said that the country's plastic industry continues to maintain a good development trend, and the value of the industry's shipments is expected to increase by 2.2% in 2018 and 2.5% in 2019

the American Plastics Industry Association, headquartered in Washington, released the 2017 size impact report on December 13. As for the content of the report, the American Plastics Industry Association also held a networking seminar, which was chaired by President and CEO Bill carteaux and chief economist perc Pineda with the continued development of the global construction market

catteo pointed out at the meeting: "the plastic industry is still an important part of the U.S. economy, and it is growing rapidly at a new historical height. Although the U.S. market is affected by some macro problems, we can still develop and innovate in novel and lasting ways."

according to the data in 2016, the plastic industry in the United States employed 965000 employees, an increase of 1% over 2015. In 2016, the shipment value of the industry reached US $404.4 billion, a decrease of 3% over 2015. Pineda believes that this is due to lower raw material costs and lower oil and natural gas prices. Pineda added that he expected us plastic shipments to share the actual value of some functions, uses and operation volume of the hydraulic pressure testing machine, which will increase by 2.2% in 2018 and 2.5% in 2019

Both carteo and Pineda believe that the change of U.S. tax policy will have a positive impact on the plastic market, especially allowing manufacturers to invest in machinery. However, as Mexico and Canada are the two major trading partners in the industry, the two experts expressed concern about the possible changes in the North American Free Trade Agreement (NAFTA). In addition, there will be some gaps in the skills of plastic workers, and the ability to find and retain suitable workers will also be affected by the problem of opioids

from the perspective of States, California provided 77000 plastic jobs, becoming the state with the largest number of employees in the plastic manufacturing industry in the United States in 2014 and 2015, and occupying the top position originally belonging to Texas. Ohio ranked second with 75200 jobs, while Texas retreated to third with 74800 jobs

according to the employment concentration, 16.5 of every 1000 non-agricultural employees in Indiana work in the plastic industry, ranking first. Michigan followed with 16.3, ranking second

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