Injection moulding market shrinks 23% in Europe

摘要

The value of the European plastics injection moulding industry slumped to euro 42,6bn in 2009, losing 23% of its value from euro 55bn in 2008, according to a new report from AMI.Up until 2008, the sector was growing by around 2% per year in terms of polymer volume but the last quarter of that year saw a sharp contraction in the market, which "wiped out nearly five years of growth in the space of a few months", says the market analysts.