Market Dynamics Spur New Possibilities

Extrusion

The global nylon monofilaments market is projected to hit $1.89 billion by 2020, according to a report by Radiant Insights, with the growth of key end-use industries such as automotive, fishing and consumer goods. The Asia Pacific as the leading regional market accounted for more than 64% of the total market volume, and this position is expected to be sustained over the forecast period. Growth of fishing and automotive industries in China, India, and Indonesia is expected to drive the regional market.

Monofilament extrusion systems have become more sophisticated, owing to R&D initiatives by leading producers of this product line. One company, PLASCO Engineering Inc. has maintained its pioneer position as a leading supplier of a comprehensive range of plastic extrusion lines in Asia and has also been successfully penetrating the international markets.

“Monofilament is used in our everyday life in various forms, and it is widely preferred in various applications due to its flexibility, good shock strength, and cost-effectiveness. Monofilament is commonly used in fishing and agriculture net, ropes, fabrics, filters, textile conveying belts, medical devices, wastewater treatment, stretched tape, and sports strings. In this area, PLASCO has over 30 years of experience manufacturing monofilament extrusion line for the global market, offering customer ideal process system to capture the ever-growing market, enhance profitability, and sharpen customer’s competitive edge,” according to Tony Wang, General Manager.