The European construction sector is recovering, and is expected to grow steadily over the next five years, owing to the increased public expenditure on infrastructure. The recovery may significantly support the growth of the polycarbonate sheet market, during the forecast period. Factors driving the growth in construction demand include robust economic growth, along with increasing household income and corporate profits. Large infrastructure projects in countries, such as Russia, the Netherlands, Switzerland, and France, are driving the demand for the market studied in the region.

Latin America injection molding machines market (henceforth, referred to as the market studied) is expected to reach a value of USD 968.02 million in 2019 and USD 1,181.33 million in 2024, at an estimated CAGR of 4.06% during 2019-2024 (henceforth, referred to as the forecast period). Major factors driving the market studied are – increasing demand in the automotive industry in Brazil and high demand from the packaging industry. High initial cost and economic crisis in Latin America are expected to majorly hinder the growth of the market studied. Technological advancement in the injection molding machine is expected to offer various opportunities for the growth of the Latin America injection molding machine market during the forecast period.

Plastic production is growing at a rapid pace worldwide as its application areas are increasing in number. The inherent advantages of plastic such as lightweight nature, ease of availability, and flexibility in its shape have made plastic the most sought-after material in a wide range of applications. The packaging industry has one of the largest application areas for synthetic plastics, with demand ranging over 45% in 2018. With a production volume of over 370 million tonnes in 2018, the usage and adoption of plastic are penetrating all major  industries in one form or the other. China is the largest producer of plastics, followed by Europe, and is expected to retain its dominant positions during the forecast period.

Australia is one of the fastest growing packaging markets in the Asia-Pacific region. Presence of large packaging companies such as Amcor, drive investments for innovation and research and development activities in the country. Major trends in Australia for plastic packaging on consumption end incline toward the demographics and demand for convenience packaging. The country witnessed a surge in population, representing millennials than baby boomers as per Australian Bureau Statistics. This is expected to drive the demand for more consumables like beverages, packaged and ready meals, packaged drinking water, convenience packages like microwave and oven safe, among others, which prefer plastic packaging medium over other alternatives owing high portability enabled by light weight of the plastics.

North America has witnessed a surge in the demand for large round balers in recent years with the United States majorly contributing to the demand, followed by Canada. According to Survey conducted by K-State Research and Extension (Research division of Kansas State University), 72% of the farmers in southern Kansas region use large round balers as their primary hay baler. The large rectangular or square balers retain moisture for longer period, which is a disadvantage for producing quality hay through heating and degradation. In contrast, the technological developments in round balers, such as solid plastic bale wrappers, which wraps the baleage in plastic for ready storage. Self-propelled baler prototypes have been attracting a host of farmers, across the region.

受下游需求续低迷，部分子行业扩产冲击影响，19 年主流化工品价格大幅下跌，行业景气度持续低迷。前三季度化工行业实现营业收入 37585.18 亿元，同比小幅+6.73%。净利润 1356.09 亿元，同比-19.00%。前三季度化工行业平均毛利率/净利率分别为 16.89%/3.61%，同比分别 -2.30pct/-1.15pct，盈利能力下滑明显。

2019Q3，化工行业整体收入 1.90 万亿元，同比基本持平，环比下降 1.3%；归母净利润 514 亿元，同比下降 30.7%，环比下降 25.4%。其中，基础化工行业整体收入 3556 亿元，同比下降 1.8%，环比增长 1.7%；归母净利润 208 亿元，同比下降 20.8%，环比下降 17.6%。石化行业整体收入 1.55 万亿元，同比下降 0.5%，环比下降 2.0%；归母净利润 306 亿元，同比下降 36.1%，环比下降 29.9%。