Plastic Extrusion Machines Market Size, Share, Industry Trends, Forecast 2023-2028

The global plastic extrusion machines market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.

Global Plastic Extrusion Machines Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Plastic Extrusion Machines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global plastic extrusion machines market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global plastic extrusion machines market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.

Plastic extrusion machinery represents sophisticated manufacturing equipment utilized in molding raw plastic materials into continuous profiles of diverse shapes. These machines operate by liquefying plastic resins and exerting pressure to pass them through a specialized die, resulting in consistent cross-sectional products. They play a critical role in the fabrication of a wide range of plastic items such as toys, household goods, and stationery. Furthermore, they are vital in the production of plastic films and sheets for packaging purposes, including bags, wraps, and containers. Additionally, these machines are utilized for crafting pipes, profiles, and various structural elements crucial to the construction sector. In the realm of healthcare, plastic extrusion machines are pivotal for producing medical tubing, catheters, and other items essential to healthcare practices.

Global Plastic Extrusion Machines Market Trends and Drivers:

Currently, a significant factor driving market expansion is the heightened demand for plastic extrusion machines. They facilitate cost-effective mass production of plastic products, thereby bolstering market growth. Additionally, the increasing adoption of extrusion is gaining traction due to its capacity to utilize recycled materials, aligning with sustainability goals and minimizing waste. This aspect further contributes to market growth. Moreover, the widespread integration of plastic extrusion machines across various manufacturing processes, ensuring consistent product quality and performance through uniform cross-sections, is a positive indicator for the market. Furthermore, the burgeoning use of plastic extrusion machines in the automotive industry for crafting door panels and trims is a notable driver propelling market growth.

Global Plastic Extrusion Machines Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Apex Engineers, Bausano Figli S.p.A., China National Chemical Corporation, Costruzioni Meccaniche Luigi Bandera SpA, DEGUMA-SCHÜTZ GmbH, Extrusion Technik USA Inc., Hillenbrand Inc., Kabra ExtrusionTechnik Ltd., Mitsuba Mfg. Co. Ltd., Reifenhäuser GmbH Co. KG Maschinenfabrik, Shibaura Machine Co. Ltd., The Japan Steel Works Ltd., Well Shyang Machinery Co. Ltd. and Windsor Machines Limited

The report segmented the market on the basis of region, machine type, process type, material, solution and application.

Breakup by Machine Type:

 

  • Single-screw
  • Twin-screw

Breakup by Process Type:

  • Blown Film Extrusion
  • Sheet/Film Extrusion
  • Tubing Extrusion
  • Others

Breakup by Material:

  • PVC
  • Polypropylene (PP)
  • Polyethylene (PE)
  • Others

Breakup by Solution:

  • New Sales
  • Aftermarket

Breakup by Application:

  • Building and Construction
  • Medical
  • Transportation
  • Consumer Goods
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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