Piping growth in China

摘要

According to US research firm Freedonia Group's latest report on the US19.8 billion plastics processing machinery market,by 2012,25% of the global demand will come from China.The Asia Pacific market,including China,is expected to grow at 5.5% annually until 2012,while much slower growth is predicted for the North American and European markets.Overall,the global demand is expected to increase 4.7% annually over the next four years.