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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