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TAIPEIPLAS 2024 | EVENT REVIEW


Inside TaipeiPLAS 2024: Taiwan’s plastics showcase


Sustainability and digitalisation were major themes for TaipeiPLAS 2024 exhibitors in compounding, extrusion, recycling and moulding machinery. Chris Saunders reports from the event


The Asia-Pacific region continues to loom large in the global plastics market, holding a revenue share of over 22% in 2023, according to Grand View Research. Significantly, Taiwan was recently named in a study by Reloop and Eunomia Research and Consulting as the world’s third best country for recycling and leads the way in sustainable solutions through initiatives like the Taiwan Excellence Awards, annual honours given out by the Ministry of Economic Affairs (MOEA) and The Taiwan External Trade Development Council (TAITRA) to encourage Taiwanese companies to incorporate more innovation and value into their products. Taiwan is now the sixth largest rubber and plastics machinery exporter in the world, and has become a major influence on other Asian markets. The Taipei International Plastics and Rubber Industry Show (TaipeiPLAS) – the latest edition of


www.compoundingworld.com


which was held at Nangang Exhibition Centre on 24-28 September in conjunction with ShoeTech Taipei – is indicative of Taiwan’s ascendancy. According to TAITRA, the organiser of TaipeiPLAS, this year the newly-expanded five-day event featured a total of nearly 500 exhibitors across more than 1,800 booths, reflecting a 40% increase from the last edition in 2022. The event in Septem- ber attracted over 16,000 visitors from 98 countries and regions, including delegations from India, Myanmar, Vietnam, Malaysia, Algeria, and Egypt. Attendees were able to view every facet of plastics manufacturing up close, catch a first glimpse of cutting-edge technology, meet industry profession- als, and check out a vast array of processing machinery, materials and finished products. To make it even more of an immersive experi- ence, the event was accompanied by various


Main image: Exhibitors and visitors from all over the world mixed at TaipeiPLAS 2024


November 2024 | COMPOUNDING WORLD 41


IMAGE: TAITRA


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