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China has taken a leading role as reflected in the rapid growth of plastics and rubber producing enterprises with smart manufacturing operation as part of its “Made in China 2025” that aims to encourage technology innovations and transition of industries towards automation, IIoT and smart manufacturing. Korea has entered the fourth industrial revolution era with its goal to set up 30,000 smart factories in 2022, not to mention Japanese companies have been applying smart manufacturing technologies in their production facilities around the world. India has also been encouraging the deployment of smart manufacturing technologies as part of its Industry 4.0 plans under Make in India (MII) initiative, with many of those engaged in plastics and rubber production pouring investments into smart manufacturing solutions.
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