Plastic Extrusion Machinery Market was valued at USD 6.32 Billion in 2022 and is projected to reach USD 8.56 Billion by 2030, growing at a CAGR of 4.0% from 2024 to 2030.
The global plastic extrusion machinery market was valued at approximately USD 8.2 billion in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. This growth can be attributed to the increasing demand for plastic products in various end-use industries such as automotive, packaging, and construction. Advances in extrusion technology and the development of energy-efficient machines are driving market expansion. The continuous innovation in machinery and the rising adoption of sustainable practices further contribute to the market's positive outlook.
Emerging market reports highlight significant opportunities in regions like Asia-Pacific, where industrialization and urbanization are rapidly advancing. Countries in this region are investing heavily in infrastructure and manufacturing, which boosts the demand for plastic extrusion machinery. Additionally, there is a growing trend towards automation and smart manufacturing technologies, creating new avenues for market growth. As manufacturers seek to enhance production efficiency and reduce operational costs, the adoption of advanced plastic extrusion machinery is expected to rise, offering substantial growth prospects in the coming years.
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Yean Horng Machinery
Vulcan Extrusion
Tecnomatic
Reimelt Henschel Mischsysteme
Union Officine Meccaniche
Unicor
Hans Weber Maschinenfabrik
Hegler
ITIB Machinery International
CDS Machines
Bausano & Figli SpA
Costruzioni Meccaniche Luigi Bandera SpA
Kabra ExtrusionTechnik Ltd.
KraussMaffei Group
Milacron Holdings Corp.
Reifenhäuser GmbH & Co. KG Maschinenfabrik
The Japan Steel Works
Toshiba Machine Co.
Ltd.
Windsor Machines Limited
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Plastic Extrusion Machinery Market
Blown Film Extrusion
Sheet/Film Extrusion
Tubing Extrusion
Others
Based on Types the Market is categorized into Below types that held the largest Plastic Extrusion Machinery market share In 2023.
Single-Screw
Twin-Screw
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Plastic Extrusion Machinery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Plastic Extrusion Machinery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plastic Extrusion Machinery Market, By Type
6. Global Plastic Extrusion Machinery Market, By Application
7. Global Plastic Extrusion Machinery Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Plastic Extrusion Machinery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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