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A new wave of growth for 3D printing Aeyoung Park    |    2018/08/08
The 3D printing market is emerging from niche market and expected to grow at a swift pace. In light of the huge business opportunities, some notorious companies have started to boost their presence in the market. 3D printing market is hot and getting hotter! 3D printing, also known as additive manufacturing, promises a range of potential benefits and innovation opportunities, offering ma..


Global Industrial Automation Equipment Market to Grow by 3.8% in 2018 Aeyoung Park    |    2018/07/26
- Global Industrial Automation Equipment Market to Grow by 3.8% in 2018Major Indices ComparisonThe global industrial automation equipment market is expected to grow by 3.8%in 2018 to US$209.8 billion, according to a report by IHS Markit.The global industrial automation equipment (IAE) market was estimated at US$202.2 billion in 2017, and it is projected to grow by 3.8% in 2018 to US$209.8 billion..


The Top 10 Most Valuable Chemical Brands of 2018 Aeyoung Park    |    2018/07/26
- BASF ranked as the No. 1 chemical brand followed by Dow and Sabic- LG Chemical newly ranked in top 10 listBASF remains most valuableBASF has maintained its status as the world’s most valuable chemicals brand, following 13% brand value growth from last year to US$7.4 billion, according to a new report by Brand Finance, the world’s leading independent brand valuation and strategy consultanc..


Italian Plastics Processing Machinery Up 26% in Imports in Q1 Aeyoung Park    |    2018/07/12
- Italian plastics processing machinery up 26% in imports in Q1The Statistical Studies Centre of Amaplast (Italian trade association for plastics and rubber processing machinery) has analysed foreign trade data published by ISTAT for the first quarter of 2018. A comparison with the same period in 2017 revealed growth of 26% in imports and a contraction of approximately 1% in exports.This prov..


US' Tariffs Begin for China-made Machinery Aeyoung Park    |    2018/07/12
Plastics processing machinery falls under President Donald Trump's additional 25 percent tariffs spanning $34 billion worth of goods from China that began July 6, but officials of injection press importers say not to expect an immediate price jump, since they have machines in stock at U.S. facilities.However, executives are concerned about what a prolonged trade war could do to the larger economy...


Market for AM in automotive production to reach US$5.3 billion in 2023 Aeyoung Park    |    2018/07/09
Market for AM in automotive production to reach US$5.3 billion in 2023According to a new report by industry analyst firm SmarTech Publishing, the overall market for additive manufacturing (AM) in automotive is expected to reach US$5.3 billion in revenues in 2023 and then grow to an impressive US $12.4 billion by 2028.The report pointed out that by 2028, the adoption of AM by the automotive segment..


Germany to launch recycling law for packaging in 2019 Aeyoung Park    |    2018/07/05
Businesses selling to consumers in the German market can face a fine of up to  50,000 euros ($58,290) and a prohibition in sales if they fail to comply with the country’s updated packaging laws.The act, which was approved in May 2017, will come into force at the beginning of 2019. It aims to improve the existing law on packaging by focusing on recycling and prevention of packaging waste.As p..


Processors and producers struggle with nylon 6/6 resin shortage Aeyoung Park    |    2018/07/05
- Nylon 6/6 resin has become hard to get in markets around the world▲ Ascent Performance Materials McDivittTight supplies of adiponitrile (ADN) feedstock have caused supplies of nylon 6/6 resin to become tight as well, according to market sources contacted recently by Plastics News.Resin market tightness in turn has led to higher prices for nylon 6/6, with some market sources citing increases of..


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