Plastics Industry Association (PLASTICS) Issues 2024 Q3 Committee on Equipment Statistics Report

Washington D.C.— The Plastics Industry Association (PLASTICS) has issued the Committee on Equipment Statistics’ (CES) report for the third quarter of 2024, authored by Chief Economist, Dr. Perc Pineda.

Dr. Pineda writes, “The rebound in primary plastics equipment shipments in the third quarter confirms our Q2 statement that growth prospects remain, aligning with the positive outlook for the broader plastics industry—not just equipment. With baseline demand for plastic products holding steady, demand for plastics equipment is likely to grow over time.”

Click here to read the report.

The Plastics Industry Association (PLASTICS) is the only organization that supports the entire plastics supply chain, including Equipment Suppliers, Material Suppliers, Processors, and Recyclers, representing over one million workers in our $519 billion U.S. industry. PLASTICS advances the priorities of our members who are dedicated to investing in technologies that improve capabilities and advances in recycling and sustainability and providing essential products that allow for the protection and safety of our lives. Since 1937, PLASTICS has been working to make its members, and the eighth largest U.S. manufacturing industry, more globally competitive while supporting circularity through educational initiatives, industry-leading insights and events, convening opportunities and policy advocacy, including the largest plastics trade show in the Americas, NPE: The Plastics Show.