Taiwan's Smart Plastic Machine Makers are at the Cutting Edge of Global Circular Economy
Taiwanese manufacturers are seizing the opportunity coming from intelligent manufacturing
The top six exporters of plastic and rubber machinery (Germany, China, Japan, Italy, US, Taiwan, and Austria) saw exports reach US$17 billion in 2020, accounting for nearly 70% of the global total, with Germany continuing to lead the pack with 22% of the global export market. Exports of smart plastic equipment from Germany were key growth drivers, and this trend has pushed forward the intelligent manufacturing transition in other major exporting nations. Taiwanese-made plastic machinery offers high levels of flexibility, customization, and performance, as well as benefiting from Taiwan’s inherent advantages in the information and communications technology (ICT) industry, helping Taiwan to rapidly gain ground in the transition towards intelligent manufacturing.