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Plastic Extrusion Machines Market Report by Machine Type (Single-screw, Twin-screw), Process Type (Blown Film Extrusion, Sheet/Film Extrusion, Tubing Extrusion, and Others), Material (PVC, Polypropylene (PP), Polyethylene (PE), and Others), Solution (New Sales, Aftermarket), Application (Building and Construction, Medical, Transportation, Consumer Goods, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A5304
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Market Overview:
The global plastic extrusion machines market size reached US$ 6.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 6.6 Billion |
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Market Forecast in 2032
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US$ 9.7 Billion |
| Market Growth Rate 2024-2032 | 4.1% |
Plastic extrusion machines, also known as plastic extruders, refer to mechanical systems employed in a high-volume manufacturing process to melt and transform raw plastic into a continuous profile. They comprise hopper, barrel, temperature controller, screw drive, and screw drive motor. They work by heating, melting, and transporting the plastic through a screw to press it in a mold or work with it freehand. They help speed up the workflow and volume while ensuring consistency through the manufactured products. In recent years, plastic extrusion machines have gained traction across various industries due to their high speed, bulk production advantage, greater flexibility, easy to operate process, and excellent production quality.
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Plastic Extrusion Machines Market Trends:
The escalating demand for extruded plastic products from numerous end use sectors, such as consumer goods, packaging, automotive, and construction, represents the primary factor driving the market growth. Additionally, there has been a significant shift toward automated plastic processing and manufacturing to enhance productivity and efficiency, thereby increasing the demand for plastic extrusion machines. Along with this, the growing awareness regarding the benefits of the plastic extrusion process for manufacturing fixed cross-sectional products with high accuracy is augmenting the product demand. Besides this, the rising integration of plastic extrusion machines with advanced technologies, such as artificial intelligence (AI), is catalyzing the market growth. Furthermore, several leading manufacturers are focusing on the development of innovative product variants with improved quality and energy efficiency. For instance, Japan Steel Works, Ltd. Other factors, including the rising investments in the industrial sector, technological advancements, extensive research and development (R&D) activities, and increasing sales of consumer goods, are also creating a positive market outlook.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global plastic extrusion machines market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on machine type, process type, material, solution and application.
Breakup by Machine Type:
- Single-screw
- Twin-screw
Breakup by Process Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- 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:
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- 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Machine Type, Process Type, Material, Solution, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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 |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global plastic extrusion machines market was valued at US$ 6.6 Billion in 2023.
We expect the global plastic extrusion machines market to exhibit a CAGR of 4.1% during 2024-2032.
The rising adoption of automated plastic processing equipment across several industrial verticals to enhance productivity and efficiency is primarily driving the global plastic extrusion machines market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous end-use industries for plastic extrusion machines.
Based on the machine type, the global plastic extrusion machines market can be segmented into single-screw and twin-screw. Currently, twin-screw holds the majority of the total market share.
Based on the process type, the global plastic extrusion machines market has been divided into blown film extrusion, sheet/film extrusion, tubing extrusion, and others. Among these, blown film extrusion exhibits a clear dominance in the market.
Based on the material, the global plastic extrusion machines market can be categorized into PVC, Polypropylene (PP), Polyethylene (PE), and others. Currently, PVC accounts for the majority of the global market share.
Based on the solution, the global plastic extrusion machines market has been segregated into new sales and aftermarket, where new sales currently hold the largest market share.
Based on the application, the global plastic extrusion machines market can be bifurcated into building and construction, medical, transportation, consumer goods, and others. Currently, the building and construction sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global plastic extrusion machines market include 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.
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