Category
Market Forecast


February 22, 2019 News

Plastics machinery shipments finished strong in 2018

by Canadian Plastics

Shipments of injection molding and extrusion machinery in North America increased in the fourth quarter 2018, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.

February 5, 2019 News

Canadian auto sales down in January: Scotiabank

by Canadian Plastics

Vehicle purchases in the U.S. also dropped in January, a new report from Scotiabank said, as sales activity rebalances from strong gains in late-2018 and adverse weather conditions keep buyers at bay.

January 30, 2019 News

Global auto sales declined in 2018: Scotiabank

by Canadian Plastics

But despite posting a decline relative to 2017, the Canadian auto market posted its second best year on record, a new report from Scotiabank said.

January 30, 2019 News

PolyOne’s revenue up nine per cent in 2018

by Canadian Plastics

But softening demand conditions in the fourth quarter most heavily impacted the company’s Performance Products and Solutions, and Specialty Engineered Materials segments.

January 17, 2019 News

Petrochemical growth spurt bodes well for Canada’s plastics industry

by Canadian Plastics

Canada’s capital spending on industrial chemical industry projects is expected to jump by 65 per cent in 2019.

January 16, 2019 News

Magna expects 2019 sales to be hurt by a variety of factors

by Canadian Plastics

The auto parts maker anticipates that the strong U.S. dollar, the sale of its fluid pressure and controls business, and GM plant closures will negatively impact its bottom line this year.

January 10, 2019 News

U.S. plastics shipments, jobs rose in 2017: report

by Canadian Plastics

The U.S. plastics industry accounted for an estimate of $432.3 billion in shipments and 989,000 jobs in 2017, according to the 2018 Size & Impact Report, an annual publication of the Plastics Industry Association.

January 7, 2019 News

Canadian vehicle sales down in December: Scotiabank

by Canadian Plastics

But auto purchases in the U.S. recorded their highest one-month total since October 2017, the new report from Scotiabank said.

December 27, 2018 News

World auto sales growth stalls in 2018: Scotiabank

by Canadian Plastics

Vehicle purchases in Canada in November fell below 1.9 million annualised units for the first time since late-2016, Scotiabank said, but sales are still on track for their second-highest year on record in 2018.

December 7, 2018 News

North American plastics machinery shipments up 4 per cent in Q3 2018

by Canadian Plastics

The sales figures are compiled by the Plastics Industry Association’s Committee on Equipment Statistics.

December 2, 2018 News

Weak sales in China drove global auto purchases down in October: Scotiabank

by Canadian Plastics

Canadian auto sales contracted by 1.9% year-over-year for an eighth consecutive month of annual declines in October, Scotiabank’s latest Global Auto Report says, but ticked up by 3.1% from September in seasonally-adjusted terms.

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.