U.S. plastic industry shipments are expected to increase by 2.2% in 2018
release date: Source: China Plastics Machinery Industry Association editor: Yu Jia Views: 1844 copyright and disclaimer
core tip: the American Plastics Industry Association (plastics) recently released the 2017 size & impact report. According to the report, the U.S. plastic industry has continued to maintain a good development trend. The value of industrial shipments is expected to increase by 2.2% in 2018 and 2.5% in 2019
[China packaging, Q3 2017] the American Plastics Industry Association (plastics) recently released the 2017 size impact report. According to the report, the U.S. plastic industry has continued to maintain a good development trend. The value of industrial shipments is expected to increase by 2.2% in 2018 and 2.5% in 2019
at the networking seminar, bill carteau, President and CEO of PIA, pointed out: "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
Perc Pineda, PIA's chief economist, believes that this is due to the lower cost of raw materials and the lower price of oil and natural gas. Pineda added that he expected the real value of U.S. plastic shipments to grow 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 silicon Pu stadium 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)from the situation of various chemical foaming methods: chemical changes caused by the heating of chemical foaming agents, California has provided 77000 plastic jobs. From the perspective of market demand, California has become the state with the largest number of jobs in the plastic manufacturing industry in the United States in 2014 and 2015, occupying the top position originally belonging to Texas. Ohio ranked second with 75200 jobs, while Texas retreated to third with 74800 jobs
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