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Illustrating the hottest product requirements and applications in the Iranian plastic thermoforming machinery market

The Iranian domestic market and its surrounding markets have great potential, a steady population growth, a huge domestic market with 70 million people, and a surrounding radiation market with a population of 350 million people. The equipment of many Iranian companies is aging and there is no opportunity to improve during the war. Then Western countries impose economic sanctions on Iran. The lifting of the economic sanctions in 2016 is expected to drastically promote Iran’s international trade relations, and Iran’s demand for machinery and equipment, especially in the fields of plastics and rubber, will rise. There is a large demand for modern equipment, components, processing methods and technologies in Iran.

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Iran's huge business opportunities

Iran's domestic plastics industry is not high, and the plastics industry's expansion and renovation plans will create huge business opportunities.

Iran's plastics processing companies are as large as thousands, and equipment manufacturers are only a small number of 30, more than 30% of the machinery and equipment are used for more than 30 years. Domestic products can not meet the needs of the domestic market, and because the overall processing level is not high, 60% of Iran's plastic machinery and equipment need to be imported. According to the report of the German Machinery and Equipment Manufacturers Association (VDMA) and the European Association of Plastics and Rubber Industries Manufacturers (EUROMAP), up to 65% of Iran's injection molding and extrusion machine manufacturers will carry out transformation projects.

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Source: German Machinery and Equipment Manufacturers Association (VDMA) and European Association of Plastics and Rubber Industry Machinery Manufacturers (EUROMAP)

If your plastic machinery or products are used in the following areas, especially construction, automotive parts and packaging, don't miss the huge Iranian plastics market:

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Source: German Machinery and Equipment Manufacturers Association (VDMA) and European Association of Plastics and Rubber Industry Machinery Manufacturers (EUROMAP)


Post time: Apr-17-2018
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