Market Data

Molders Economic Index

By IMM Staff
Published: August 24th, 2010

Current data from The Repton Group LLC on key injection molding end markets. Click here.

 

Supplier outlook continues its optimistic attitude

By Clare Goldsberry
Published: July 21st, 2014

While supplier outlook continued to rebound in July, the optimism resided with very large suppliers (over $1 billion in revenue) or the small suppliers (under $50 million in revenue). That was the conclusion of the July Automotive Supplier Barometer from the Original Equipment Suppliers Association (OESA).

U.S. demand for cups & lids projected to reach $10 billion

By PlasticsToday Staff
Published: July 2nd, 2014

The growing foodservice industry is driving demand for cups and lids, with demand estimated to expand 4.4 percent per year to $10.0 billion in 2018, according to The Freedonia Group, a Cleveland-based industry market research firm. 

June Manufacturing ISM Report flat; May GDP drops 2.9%

By Clare Goldsberry
Published: July 1st, 2014

Manufacturing appears to be flat month-over-month after the Institute for Supply Management's June Manufacturing Report On Business shows PMI (Purchasing Management Index) decreased to 55.3%, down 0.1% from May's reading of 55.4%. While the report shows that manufacturing remains on the "expansion" side of the equation (above 50 is an expansion while below 50 indicates a contraction), the industry isn't exactly booming.

Plastics industry takes leadership role in building Florida’s manufacturing industry

By Clare Goldsberry
Published: June 20th, 2014

The plastics industry is leading the way in building a strong manufacturing economy in Florida with Maruka USA and 5 Nines Automation taking the leadership role. The companies recently hosted a panel discussion between legislators and local business leaders that focused on what steps should be taken to stimulate manufacturing growth in the state and educate the next generation of workers needed to support this industry.

Global competitiveness through local value

By Patrick Gerard
Published: June 6th, 2014

"The year 2030: The long-standing division of the world in the three markets of Europe, America and Asia is dissolved. There is a fully integrated world market with globalized product segments."

Yes, Ben, there really is a great future in plastics

By Clare Goldsberry
Published: June 4th, 2014

Most of us who've been in the plastics industry for at least the last two decades have probably heard this comment many times: "Did you see The Graduate?"

Yes, we've either seen that iconic movie that helped to put the plastics industry on the map, or we've heard about it. Dustin Hoffman plays the young man Ben, who's just graduated from college, and can't seem to decide on what to do with his life. At a party, Mr. McGuire pulls Ben aside and tells him that his future lies in just one word: Plastics.

Manufacturing heading in the right direction, according to ISM’s May report

By Clare Goldsberry
Published: June 3rd, 2014

After correcting its original report due to a software programming error, the Institute for Supply Management released its Manufacturing Report on business for May. The May Purchasing Managers Index registered 55.4%, an increase of 0.5% from April's reading of 54.9%, indicating an expansion in manufacturing for the 12th consecutive month.

Bioprinting will account for almost half of $7 billion global 3D-printing market by 2025

By Norbert Sparrow
Published: May 30th, 2014

The global 3D-printing market will be worth approximately $7 billion by 2025, at least $3 billion of which will come from bioprinting, according to a report from business research firm IDTechEx.

Is the STEM worker shortage real?

By Norbert Sparrow
Published: May 28th, 2014

The shortage of U.S. workers with a science, technology, engineering, and math (STEM) background has become an article of faith, and here at PlasticsToday, we have certainly done our share of writing about this trend. As manufacturing technologies increase in sophistication, the availability of skilled labor is an imperative.

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