Global Plastic Extrusion Machines Market Overview 2023-2028
Plastic extrusion machines are advanced manufacturing devices used to shape raw plastic materials into various continuous profiles. They function by melting plastic resins and forcing them through a die to create products with consistent cross-sections. They are essential for making various plastic products like toys, household items, and stationery. They are employed to manufacture plastic films and sheets for packaging materials like bags, wraps, and containers. They are also used to produce pipes, profiles, and other structural components used in the construction industry. Plastic extrusion machines find applications in the production of medical tubing, catheters, and other healthcare-related items.
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:
At present, the increasing demand for plastic extrusion machines as they enable efficient mass production of plastic products at a lower cost per unit represents one of the crucial factors impelling the growth of the market. Besides this, the rising popularity of extrusion, as it allows for the use of recycled materials, promoting sustainability and waste reduction, is supporting the growth of the market. In addition, the growing employment of plastic extrusion machines in various manufacturing operations, as they deliver uniform cross-sections, ensuring consistent product quality and performance, is offering a favorable market outlook. Apart from this, the increasing application of plastic extrusion machines in the automotive sector to manufacture door panels and trims is contributing to the growth of the market.
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:
Breakup by Process Type:
- Blown Film Extrusion
- Sheet/Film Extrusion
- Tubing Extrusion
Breakup by Material:
- Polypropylene (PP)
- Polyethylene (PE)
Breakup by Solution:
- New Sales
Breakup by Application:
- Building and Construction
- Consumer Goods
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- 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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