Global Plastic Extrusion Machines Market Overview 2023-2028
Plastic extrusion machines represent cutting-edge manufacturing tools employed to transform raw plastic materials into continuous profiles of diverse shapes. Their operation involves melting plastic resins and exerting pressure to pass them through a die, resulting in products with consistent cross-sectional configurations. These machines play a crucial role in crafting a wide array of plastic goods, including toys, household items, and stationery. Additionally, they are instrumental in producing plastic films and sheets used for various packaging materials like bags, wraps, and containers.Moreover, plastic extrusion machines serve as the backbone of the construction industry by manufacturing pipes, profiles, and other structural components. Their versatility extends to the medical field, where they contribute to the production of essential items such as medical tubing, catheters, and other healthcare-related products.
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 Trends and Drivers:
Currently, the market for plastic extrusion machines is experiencing significant growth due to several key factors. One of the primary drivers is the surging demand for these machines, which enable efficient mass production of plastic products at a reduced cost per unit. This cost-effectiveness has made them highly sought after in various industries.
Moreover, the rising trend of extrusion is also contributing to the market’s expansion. By allowing the use of recycled materials, extrusion promotes sustainability and helps in reducing waste, aligning with the growing environmental consciousness of consumers and industries alike.
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.
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