Canadian Plastics

Category
Market Forecast


November 11, 2018 News

Big gains forecast for global automotive plastic market: report

by Canadian Plastics

Spurred by rising disposable incomes and continuously changing lifestyles, the increasing production of cars and commercial vehicles will grow the global automotive plastic market at a CAGR of 11.91% from now until 2023, the new report from Research and Market said.

October 31, 2018 News

North American automotive vendor tooling spend to be $8 billion in 2019: report

by Canadian Plastics

The drop in spending is directly related to reduced launches from the Detroit Three automakers, the new report from market research firm Harbour Results says.

October 22, 2018 News

Engel reports “moderate growth” despite slowdown in North American sales

by Canadian Plastics

Engel is forecasting a six per cent increase in earnings over last year, with Germany representing the “lion’s share” of the sales.

October 16, 2018 News

Orders and sales are up for KraussMaffei Group

by Canadian Plastics

The German processing machinery maker is also expanding its business model as well as digital services and products, and introducing a new speed-to-market program for European customers.

October 7, 2018 News

Canadian vehicle purchases dropped in September: Scotiabank

by Canadian Plastics

But auto sales in the U.S. jumped to an annualised level of more than 17 million units in September, Scotiabank said, beating expectations.

October 2, 2018 News

Blow molded plastic bottle market will grow by four per cent annually to 2022: report

by Canadian Plastics

Growth will be led by the rising adoption of PET packaging, the report from market research firm Technavio says.

September 20, 2018 News

Plastics machinery shipments in North America up again: report

by Canadian Plastics

For the fifth consecutive quarter, plastics machinery shipments in North America continued to increase in the second quarter of 2018, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.

September 12, 2018 News

Canada’s weak auto sales continues: Scotiabank

by Canadian Plastics

Auto sales growth has also slowed down markedly in the U.S. and Mexico, a new report from Scotiabank says.

August 25, 2018 News

Lightweighting, fuel efficiency drive high-performance plastic demand across auto, aerospace sectors: report

by Canadian Plastics

Adoption of composite-grade HPPs could take the global market past US$3 billion by 2024, a new study by Frost & Sullivan says.

August 20, 2018 News

Auto industry suppliers pessimistic about U.S. trade policies: survey

by Canadian Plastics

Trade policy uncertainty is causing pessimism across the automotive supply base, despite a strong sales and production environment, a new survey conducted by the Original Equipment Suppliers Association says.

August 13, 2018 News

Global plastic injection molding market to reach $233 billion by 2023: report

by Canadian Plastics

Rising demand across several vertical industries, such as packaging and food and beverages, is expected to drive growth, the new report from BCC Research says.

August 8, 2018 News

Magna lowers 2018 outlook over uncertainty caused by tariffs, trade negotiations

by Canadian Plastics

The Canadian automotive parts maker – which has manufacturing operations in all three NAFTA countries, China and throughout Europe – reduced its estimate for total sales in 2018 by 1.4 per cent from its previous outlook.

August 3, 2018 News

Canadian vehicle sales down in July: Scotiabank

by Canadian Plastics

The drop was led by poor Fiat-Chrysler sales, which recorded their worst month since early-2014.

July 31, 2018 News

Global auto sales expanded at a solid pace in the first half of 2018: report

by Canadian Plastics

But cracks are beginning to appear in certain emerging economies, a new report from Scotiabank says, and the threat of rising U.S. protectionism seems to have impacted vehicle sales in China.

July 27, 2018 News

Milacron reports solid growth in Q2 2018

by Canadian Plastics

Record sales driven by nine per cent consumables growth highlights a solid second quarter, the company said.

July 23, 2018 News

Tooling industry business “slower than expected” so far in 2018: report

by Canadian Plastics

According to the Q2 2018 Automotive Tooling Barometer, both die and mold shops in North America experienced a decrease in utilization from Q1 2018 to Q2 2018, with a significant amount of business being pushed to the second half of the year.

July 10, 2018 News

North American plastics machinery shipments up in Q1 2018: report

by Canadian Plastics

The preliminary estimate of shipments of primary plastics equipment (injection molding and extrusion) for reporting companies totaled US$333 million in the first quarter – 15 per cent higher than the total US$290 million in Q1 of 2017.

June 27, 2018 News

Medical fluid bags market will exceed $4.4 billion by 2024: report

by Canadian Plastics

Propelled partly by demand for drainage bags, the market for medical fluid bags is set to surpass US$4.4 billion by 2024, according to research from Global Market Insights

June 4, 2018 News

Canadian vehicle sales fall for third consecutive month: Scotiabank

by Canadian Plastics

But sales in the U.S. continue to beat expectations on the back of strength in trucks, Scotiabank’s new report says.

May 22, 2018 News

China to cut auto import taxes as of July 1

by Canadian Plastics

Charges for many imported vehicles will be cut from 25 per cent to 15 per cent, the country’s Finance Ministry said.