The global plastic extrusion machine market is projected to reach US$ 6,793.9 million in 2022. Based on the report, sales of plastic extrusion machines are expected to have a CAGR of 4.70% and to reach an evaluation of US$ 10,754.4 million by 2032.
The demand for plastic extrusion machines is soaring, as there is a growing need for extruded plastic products from several end-use segments, such as packaging, consumer goods, construction, and automotive. This primarily boosts the growth of the global plastic extrusion machine market.
Report Attribute | Details |
---|---|
Plastic Extrusion Machine Market Value (2022) | US$ 6,793.9 Million |
Plastic Extrusion Machine Market Anticipated Value (2032) | US$ 10,754.4Million |
Plastic Extrusion Machine Market Projected Growth Rate (2022 to 2032) | 4.70% |
The demand for the plastic extrusion machine market is said to be constantly high, as these machines assist in speeding up the workflow and volume, at the same time maintaining stability through manufactured products.
Recently, plastic extrusion machines have gained traction across several industries owing to their fastness, mass production capacity, user-friendly procedure, greater flexibility, and outstanding production quality. Across the world, there is increasing awareness pertaining to energy saving, which boosts the plastic extrusion machine market.
Therefore, manufacturers of plastic extrusion machines are progressively aiming toward manufacturing reliable and effective twin-screw plastic extrusion machines. This is anticipated to encourage the growth of the plastic extrusion machine market share during the forecast period.
Faster production and increasing manufacturing rates through plastic extrusion are anticipated to support the global plastic extrusion machine market growth.
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The packaging industry is ever hungry for plastics to meet their demands, and this is a major element that is bolstering the growth of the global plastic extrusion machine market. In the production process, the processing machines produce varied types of plastics.
Owing to the pollutant-free and toxin-resistant factors, plastic processing is gaining popularity in the packaging industries, which as a result is promoting the growth of the global plastic processing machines market share.
In the automotive industry, manufacturers have an exceptional opportunity to launch innovative plastic products, which are specially manufactured to meet the demands of the consumer for fuel-efficient and superior-performance light vehicles.
Additionally, the construction and oil and gas industries are projected to have more demand for plastic extrusion machines during the forecast period. The building and construction industry has greater demand for plastic extrusion machines, and this is likely to fuel the market further.
Additionally, even the transportation industry has an escalating need for extruder machines, which supports the growth of the overall market. The global plastic extrusion machine market is said to have a lucrative footprint in the future due to considerable market-driving factors, such as the introduction of new plastic products and the latest technological processing.
The increasing manufacturing sector in developed and emerging regions, rising piping industries, additional consumer awareness regarding environmental-friendly equipment, and growing advantages of plastic extrusion machines, are all these factors combined to fuel the growth of the plastic extrusion machine market during the forecast period.
As consumers across the globe are becoming aware of environmental-friendly options, their preference towards less carbon emission control vehicles has promoted the market players to attain minimum fuel efficiency. To do that, these players have tied up with OEMs to create products for automobiles that are lightweight.
Of the single-screw and twin-screw machine types, the twin-screw segment is predicted to lead the global market in terms of value in the future. In terms of revenue, in the process type, the blown film extrusion segment is anticipated to hold a majority of the plastic extrusion machine market share during the forecast period.
The lack of knowledge about the benefits of these machines is another issue that may in the future restrain the expansion of the global market for plastic extrusion machines.
Asia Pacific To Hold a Significant Market Share in Plastic Extrusion Machine Market.
The Asia Pacific region is said to account for a considerable market share in the global plastic extrusion machine market owing to people’s inclination towards smooth and comfortable plastic products, and therefore this region’s market is anticipated to witness the fastest growth. In countries like India and China, there is a substantial need for plastic extrusion machines because of the presence of several small to mid-level manufacturing sectors like packaging, consumer goods, and automotive, and packaging, which demand superior quality and constant profile extruded plastic items.
Economies like China, Japan, and India have manufacturing industries that are expanding at a significant pace, and therefore, there is the massive growth potential for plastic extrusion machines during the forecast period.
Europe accounts for 19.80% market share in the global plastic extrusion machine. Europe is said to grow exponentially due to the rising automotive industry in the region. Countries such as the UK and Germany are anticipated to become popular in this sector, as there are stringent emission laws which are stirring the demand for plastic materials in every vehicle across the globe.
Europe has a luxurious way of living, this along with high living standards and higher disposable incomes has resulted in the lucrative growth of Europe's plastic extrusion machine market. There is an increase in the use of plastic products in end-user industries like footwear and automotive, which results in boosting demand for global plastic extrusion machines.
Business models need to evolve with technological advancements, at times due to market fluctuations and sometimes owing to innovation of new technology. This results in the emergence of novel and exciting trends. This research report intricately monitors the start-up ecosystem from around the world.
In December 2019, R.R. Plast Extrusions Pvt. Ltd., an Indian plastics extrusion machinery and equipment manufacturer, is increasing the size three times its current plant in Asangaon, which is about 45 miles from Mumbai.
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Some of the key players in the plastic extrusion machine market are Apex Engineers, Reifenhauserindia, Shyam Plastic Machinery, Bausano & Figli S.p.A., Krauss Maffei Berstorff, Extrusion Technik USA, Inc., TROESTER GmbH & Co. KG, KabraExtrusionTechnik Ltd., Well Shyang Machinery (WSM), W. Brabender Instruments Inc., MITSUBA MFG. CO., LTD., and DEGUMA-SCHÜTZ GmbH.
Presently, key manufacturers of this industry who have widespread global presence lead the market with their thorough distribution network, along with their new and innovative product portfolio. This has contributed to a substantial plastic extrusion machine market share.
Recent developments:
Report Attribute | Details |
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Growth Rate | CAGR of 4.70% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2014 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
The growth outlook for the plastic extrusion machine market is predicted to advance at a CAGR of 4.70% from 2022 to 2032.
The North American region is anticipated to lead the plastic extrusion machine market during the forecast period.
The plastic extrusion machine market is likely to hold a valuation of US$ 10,754.4 million by 2032.
1. Executive Summary | Plastic Extrusion Machine Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume(Units) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume(Units) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume(Units) Analysis By Product Type, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume(Units) Analysis and Forecast By Product Type, 2022 to 2032 5.3.1. Single Screw Extrusion 5.3.2. Twin Screw Extrusion 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2021 5.5. Absolute $ Opportunity Analysis By Product Type, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Material 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume(Units) Analysis By Material, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume(Units) Analysis and Forecast By Material, 2022 to 2032 6.3.1. PVC 6.3.2. PP 6.3.3. PE 6.3.4. Others 6.4. Y-o-Y Growth Trend Analysis By Material, 2017 to 2021 6.5. Absolute $ Opportunity Analysis By Material, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Component 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume(Units) Analysis By Component, 2017 to 2021 7.3. Current and Future Market Size Value (US$ Million) & Volume(Units) Analysis and Forecast By Component, 2022 to 2032 7.3.1. Screw Drives 7.3.2. Dies 7.3.2.1. Blown Film Extrusion 7.3.2.2. Sheet/Film Extrusion 7.3.2.3. Tubing Extrusion 7.3.2.4. Co-extrusion 7.3.2.5. Extrusion Coating 7.3.3. Heaters 7.3.4. Others 7.4. Y-o-Y Growth Trend Analysis By Component, 2017 to 2021 7.5. Absolute $ Opportunity Analysis By Component, 2022 to 2032 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume(Units) Analysis By End Use, 2017 to 2021 8.3. Current and Future Market Size Value (US$ Million) & Volume(Units) Analysis and Forecast By End Use, 2022 to 2032 8.3.1. Automotive 8.3.2. Oil & Gas 8.3.3. Consumer Goods 8.3.4. Packaging 8.3.5. Others 8.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021 8.5. Absolute $ Opportunity Analysis By End Use, 2022 to 2032 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) & Volume(Units) Analysis By Region, 2017 to 2021 9.3. Current Market Size Value (US$ Million) & Volume(Units) Analysis and Forecast By Region, 2022 to 2032 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. Asia Pacific 9.3.5. Middle East and Africa 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume(Units) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Million) & Volume(Units) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. United States of America 10.2.1.2. Canada 10.2.2. By Product Type 10.2.3. By Material 10.2.4. By Component 10.2.5. By End Use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Material 10.3.4. By Component 10.3.5. By End Use 10.4. Key Takeaways 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume(Units) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Million) & Volume(Units) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Brazil 11.2.1.2. Mexico 11.2.1.3. Rest of Latin America 11.2.2. By Product Type 11.2.3. By Material 11.2.4. By Component 11.2.5. By End Use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Material 11.3.4. By Component 11.3.5. By End Use 11.4. Key Takeaways 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume(Units) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Million) & Volume(Units) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. Germany 12.2.1.2. United Kingdom 12.2.1.3. France 12.2.1.4. Spain 12.2.1.5. Italy 12.2.1.6. Rest of Europe 12.2.2. By Product Type 12.2.3. By Material 12.2.4. By Component 12.2.5. By End Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Material 12.3.4. By Component 12.3.5. By End Use 12.4. Key Takeaways 13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US$ Million) & Volume(Units) Trend Analysis By Market Taxonomy, 2017 to 2021 13.2. Market Size Value (US$ Million) & Volume(Units) Forecast By Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.1.4. India 13.2.1.5. Malaysia 13.2.1.6. Singapore 13.2.1.7. Australia 13.2.1.8. New Zealand 13.2.1.9. Rest of Asia-Pacific 13.2.2. By Product Type 13.2.3. By Material 13.2.4. By Component 13.2.5. By End Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Material 13.3.4. By Component 13.3.5. By End Use 13.4. Key Takeaways 14. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14.1. Historical Market Size Value (US$ Million) & Volume(Units) Trend Analysis By Market Taxonomy, 2017 to 2021 14.2. Market Size Value (US$ Million) & Volume(Units) Forecast By Market Taxonomy, 2022 to 2032 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of Middle East and Africa 14.2.2. By Product Type 14.2.3. By Material 14.2.4. By Component 14.2.5. By End Use 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product Type 14.3.3. By Material 14.3.4. By Component 14.3.5. By End Use 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. United States of America 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2021 15.1.2.1. By Product Type 15.1.2.2. By Material 15.1.2.3. By Component 15.1.2.4. By End Use 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2021 15.2.2.1. By Product Type 15.2.2.2. By Material 15.2.2.3. By Component 15.2.2.4. By End Use 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2021 15.3.2.1. By Product Type 15.3.2.2. By Material 15.3.2.3. By Component 15.3.2.4. By End Use 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2021 15.4.2.1. By Product Type 15.4.2.2. By Material 15.4.2.3. By Component 15.4.2.4. By End Use 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2021 15.5.2.1. By Product Type 15.5.2.2. By Material 15.5.2.3. By Component 15.5.2.4. By End Use 15.6. United Kingdom 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2021 15.6.2.1. By Product Type 15.6.2.2. By Material 15.6.2.3. By Component 15.6.2.4. By End Use 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2021 15.7.2.1. By Product Type 15.7.2.2. By Material 15.7.2.3. By Component 15.7.2.4. By End Use 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2021 15.8.2.1. By Product Type 15.8.2.2. By Material 15.8.2.3. By Component 15.8.2.4. By End Use 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2021 15.9.2.1. By Product Type 15.9.2.2. By Material 15.9.2.3. By Component 15.9.2.4. By End Use 15.10. China 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2021 15.10.2.1. By Product Type 15.10.2.2. By Material 15.10.2.3. By Component 15.10.2.4. By End Use 15.11. Japan 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2021 15.11.2.1. By Product Type 15.11.2.2. By Material 15.11.2.3. By Component 15.11.2.4. By End Use 15.12. South Korea 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2021 15.12.2.1. By Product Type 15.12.2.2. By Material 15.12.2.3. By Component 15.12.2.4. By End Use 15.13. Malaysia 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2021 15.13.2.1. By Product Type 15.13.2.2. By Material 15.13.2.3. By Component 15.13.2.4. By End Use 15.14. Singapore 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2021 15.14.2.1. By Product Type 15.14.2.2. By Material 15.14.2.3. By Component 15.14.2.4. By End Use 15.15. Australia 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2021 15.15.2.1. By Product Type 15.15.2.2. By Material 15.15.2.3. By Component 15.15.2.4. By End Use 15.16. New Zealand 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2021 15.16.2.1. By Product Type 15.16.2.2. By Material 15.16.2.3. By Component 15.16.2.4. By End Use 15.17. GCC Countries 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2021 15.17.2.1. By Product Type 15.17.2.2. By Material 15.17.2.3. By Component 15.17.2.4. By End Use 15.18. South Africa 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2021 15.18.2.1. By Product Type 15.18.2.2. By Material 15.18.2.3. By Component 15.18.2.4. By End Use 15.19. Israel 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2021 15.19.2.1. By Product Type 15.19.2.2. By Material 15.19.2.3. By Component 15.19.2.4. By End Use 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Product Type 16.3.3. By Material 16.3.4. By Component 16.3.5. By End Use 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Apex Engineers 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.2. Reifenhauserindia 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.3. Shyam Plastic Machinery 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.4. KraussMaffei Berstorff 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.5. Extrusion Technik USA, Inc. 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.6. TROESTER GmbH & Co. KG 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.7. Well Shyang Machinery (WSM) 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.8. W. Brabender Instruments Inc. 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.9. MITSUBA MFG. CO., LTD. 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.10. DEGUMA-SCHÜTZ GmbH 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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