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Market trends

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	ASEAN in focus: Opportunities in Thailand amid economic rebound	Editor \| 2023/07/12
	Thailand’s GDP is expected to grow by 3.9% in 2023, according to the World Bank’s latest forecast, supported by stronger consumption, a recovery in the tourism sector, and strong pent-up demand following China's reopening. The World Bank projects economic growth of 3.6% in 2024.Export is an influential driver of Thailand’s growth. The forecast of the Thai National Shippers’ Council shows..

	Continental prepared for future of ADAS	Editor \| 2022/07/22
	Continental prepared for future of ADASAUBURN HILLS, Mich.—For Continental A.G., advanced driver assistance systems (ADAS) are nothing new.The company, whose autonomous mobility segment is based largely at its research and development center in Auburn Hills, has been working on ADAS systems since 1996.In more recent years, the focus has been on a full-stack system supplier solution, acco..

	'Switch has been flipped' on global EV growth, forecast says	Editor \| 2022/06/24
	'Switch has been flipped' on global EV growth, forecast saysBCG anticipates 59% of all new vehicles sold worldwide will be BEVs by 2035.Battery-electric vehicles will account for a majority of new light-vehicle sales worldwide by 2035 as government mandates begin and automakers roll out new models, according to a forecast by Boston Consulting Group.BCG anticipates 59 percent of all new ve..

	VDMA adjusts forecast after orders drop for German plastics machinery	관리자 \| 2022/06/13
	Orders for German plastics and rubber machinery plummeted 27 percent in the first quarter of 2022 compared to the prior year while overall sales were up 3 percent. High demand from the packaging and medical sectors fueled demand in 2021 so the drop was somewhat of a base effect. However, other factors have made it difficult for machine and equipment builders to process the or..

	Kickstart: With EV sales increasing, batteries becoming a bigger question	Editor \| 2022/05/16
	Kickstart: With EV sales increasing, batteries becoming a bigger questionWith EV sales increasing, batteries becoming a bigger questionWith electric vehicle sales picking up — EV sales were up 60 percent for the first quarter of 2022 and made up a record 4.6 percent of all U.S. sales — the auto industry and environmental groups are taking a harder look at what to do with..

	Water in PET bottles continues US dominance, but soft drinks rebound	Editor \| 2022/02/22
	Water in PET bottles continues US dominance, but soft drinks reboundAustin, Texas — People drank more bottled water than ever in the United States last year, and more water than ever was consumed from single-serve PET containers.Research from the New York-based consulting firm Beverage Market Corp. shows bottled water became the largest beverage category ever for the country in 20..

	Sumitomo (SHI) Demag on track for record sales in 2021	editor \| 2021/11/24
	Sumitomo (SHI) Demag on track for record sales in 2021Sales of injection molding machines built by Sumitomo (SHI) Demag Plastics Machinery GmbH are forecast to surpass pre-pandemic levels and could reach an all-time high in 2021 as demand continues to increase for all-electric models.The Schwaig, Germany-based company expects sales to hit 808 million euros if this year's trend continues.Sumi..

	Kickstart: Biodegradable straws and a new kind of plastic ban	editor \| 2021/11/24
	Kickstart: Biodegradable straws and a new kind of plastic banBiodegradable straws and a new kind of plastic banThere's a new wrinkle in the old debate about banning plastic straws.In early November, the city government in Fort Myers Beach, Fla., on the Gulf of Mexico, repealed its 2017 law banning plastic straws and replaced it with an ordinance requiring that straws given out in foo..

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