China Drying News The huge plastics market in Africa has played an important role in the development of the plastics machinery industry. The plastics machinery industry has a wide range of applications, covering many fields such as packaging, agriculture, construction, and automobiles. The African plastics industry started relatively late, and the incremental demand for plastics machinery is relatively greater than other developed markets. In fact, in the long run, Africa has a large market for plastic machinery. Africa is gradually becoming an emerging potential market for plastic machinery, and it will also be the focus of competition among major countries in the production of plastics machinery. "Some companies have promised to set up plastic processing plants in African countries to reduce Africa's dependence on imported plastic products and raw materials," said Thomson. According to him, for the International Plastics Industry Exhibition to be held next year, companies from all over the world showed strong interest, especially from India, Australia and Indonesia. For the African plastic machinery market, India has shown extreme enthusiasm and full confidence. India's plastic machinery and molds are quite competitive in the world because they are cheap and some of the mechanical qualities can even be compared to European and American brands. At present, India has stopped in the African market and has a strong position in Nigeria, Kenya, Ghana and South Africa. For the African market, India's presses and press makers expressed their confidence that the number of presses exported to Africa in the next year is expected to increase by 20%. “The African countries are undergoing large-scale industrial development. There are unlimited business opportunities here. We have already established footholds in seven countries in Africa and plan to extend our foothold in Africa,†said Ranjan Kalyanpur, executive director of the Export Promotion Council of India. As early as 2010, the Indian government formulated a promotion strategy for the plastics and other chemical industries in Africa and Latin America, which provided government-level support for the expansion of India's press industry in Africa. According to India’s foreign trade policy officials, these industrial sectors will be supported by the “Market Promotion Assistance Program†and the “Market Entry Startup Project†subordinated to the Indian Ministry of Commerce. The investment of enterprises in export promotion, including participation in trade shows and logistics fees, will be supported by the “Market Promotion Assistance Programâ€. The investment in market development, such as the opening of exhibition halls, participation in trade fairs, international shopping malls, etc., will be supported by the “Market Entry Projectâ€. The huge potential of the African press market and the promotion of the Indian government’s export policies have prompted Indian companies to aggressively enter the African market. Today, India’s machinery manufacturers are increasingly exporting to Africa, and Indian resin and processing companies are also starting to invest in Africa. At the recent Indian Plastics Show, Indian companies generally reported that their business in Africa is growing. For example, CosmoFilms, India's premier film extrusion manufacturer, said it is choosing a suitable location in Africa to build a biaxially oriented polypropylene film production plant. At present, French rubber and plastic machinery manufacturers have gradually opened up the African press market. The annual sales volume of French rubber and plastics machinery is approximately US$1.9 billion, ranking fourth in the global ranking after Japan, the United States, and Germany. In the past, France had ruled the African countries of Northwest Africa, West Africa and other places. So far, it still has considerable influence in the local area and it is easier to enter the market. Italian presses have been sold to countries such as Morocco, Egypt and Tunisia. Compared with other countries, the total value of presses sold to South Africa is the highest. 80Gsm Fast Dry Paper,Roll Paper Sublimation,Jumbo Roll Tissue Paper,Fast Dry Printing Paper GREEN-LIFE PAPER LTD , https://www.sjgreenlife.com
April 21, 2023