interplastica & plastindia | exhibitions
The plastics industry’s 2012 exhibition calendar starts in style with major shows in russia and india in the coming weeks. we look at the market growth in these
dynamic countries russia and india kick off 2012 shows
Two of the world’s largest emerging economies – india and russia – are set to kick off this year’s round of international plastics trade fairs. The leading russian plastics show, interplastica, takes place in moscow on 24-27 of January. Just a few days later, plastindia opens its doors in new delhi, running from 1-6 February. interplastica is owned and organised by messe
düsseldorf (organiser of the german K fair), while plastindia is organised by the plastindia Foundation. many of the world’s leading plastics industry players will be present at both trade shows. However, if you are also planning to attend both be warned that you will need to pack two very different sets of clothing – the average temperature in moscow in January is -8˚c while new delhi typically sees temperatures of around +20 ˚c.
The markets in numbers Both russia and india, with fast growing economies and populations of around 140 million and 1,170 million respectively, are key markets for the world’s producers of plastics and rubber materials and machinery. According to the world Bank, russian gdp growth
was running at around 4.4% last year and is expected to slow slightly to 4.0% in 2012. while considerably ahead of the growth predictions for most developed economies, those figures are not as high as the forecast growth rates of countries such as china, which is expected to
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exceed 9%. The headline figure, however, hides rapid improvement in russia’s manufacturing sector, which is expected to grow at more than 13% this year. gdp growth in india is currently running at close to
10% a year, according to world Bank estimates, and is expected to expand at rates above 7% until at least 2013. According to the plastindia show organisers, consumption of plastics in india will have risen to 15 million tonnes by 2015. growth in the processing sector will be equally dynamic – while the number of machines used for plastic and rubber processing was estimated at around 69,000 in 2009, it is expected to reach 150,000 by 2020. This expansion is being driven by high growth rates in key industries such as the automotive sector. According to the german machinery makers’
association VdmA, russia is the third largest export market for german plastics and rubber machinery makers, after china and the uSA. india is the sector’s fourth largest market. in 2010, worldwide exports of plastics and rubber
machinery to russia reached a value of E399.7 million, according to the VdmA. This figure was up by almost 23% on the 2009 result. germany is the number one supplier, holding a share in 2010 worth E124.2 million. it is followed by italy at E53.3 million and china at E49.9 million. germany was one of the few suppliers of plastics and rubber machinery to see the value of its sales to
January 2012 | compounding world 61 India’s
automotive sector has
been growing fast – leading player Tata
showed its new Pixel concept
car at the Delhi Auto Expo earlier this month
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