Global Plastics Processing Machinery Market

Global Plastics Processing Machinery Market was valued US$29.4 Bn in 2017 and is estimated to reach approximately US$43 Bn by 2026 at a CAGR of about 4.8 % during a forecast. Global plastics processing machinery market is segmented on the basis of product type, industry vertical, and geography. Based on product type, the plastics processing machinery market is classified into the injection molding machine, blow molding machine, compression molding machine, extrusion molding machine, and rotational molding machine. Based on the industry vertical, the market is divided into construction, automotive, Product, consumer goods, healthcare, and others. Geography, the plastics processing machinery market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. High consumption of packaged food asks for increased demand for plastics drives the plastics processing machinery market. Besides, Packaging industry, Automotive also promises a significant increase in demand for the plastics processing machinery market, wherein plastics are required for manufacturing prosthetic tools and artificial limbs in the healthcare industry. High demand for plastic processing across manufacturing and packaging industry is expected to positively impact the growth of the market during the forecast period. Stringent regulations regarding depletion and recyclability of conventional materials like metal and wood are anticipated to drive greater plastics demand from the construction industry in insulation, pipes, cables, floorings, windows and storage tanks among others. According to a recent analysis, the environmental cost of using plastics in consumer goods and packaging is nearly four times less than it would be if plastics were replaced with alternative materials. Global Plastics Processing Machinery Market Extrusion machine converts solid raw materials to liquid, which can be reconstituted into final products. Extrusion technology has gained popularity attributed to its low cost, post-process manipulation, and enhanced flexibility. Some of the recent developments in injection molding method include dual-shot injection molding, mono-sandwich, water injection technique (WIT) and gas injection technique (GIT) among others. Injection molding may accelerate plastic processing machinery market size on account of their high-quality yields and versatility. Packaging segment holds one-third share of plastics processing machinery market. Plastic help makes packaging lighter, shatter resistant and more energy efficient. Plastic can be recycled or recovered for energy value. Plastics are innovative, sustainable and cost-effective. Construction is the second largest segment of plastics processing machinery market. Demand from the construction industry in insulation, pipes, cables, floorings, windows and storage tanks among others drives the plastics processing machinery market growth. Construction products will expand at the fastest pace through because of an increase in construction spending in the Asia Pacific. Developing nations will record strong increases in construction spending as well, as they modify their infrastructure. Asia Pacific is expected to dominate the regional segment with an estimated CAGR of around 7 %. Introduction of favorable policies by the governments in emerging economies, including China and India, to encourage foreign direct investment and facilitate closer integration with other economies is expected to propel demand. Major automotive OEMs are increasingly incorporating plastic parts and components to reduce gross vehicle weight and subsequently improve performance and fuel efficiency. Arburg GmbH & Co., Battenfeld-Cincinnati Austria GmbH, BEKUM Maschinenfabriken GmbH, Brampton Engineering, Inc., Brown Machine LLC, Brückner Group GmbH, Alpha Marathon Film Extrusion Technologies, Aoki Technical Laboratory, BEKUM Maschinenfabriken, Berlyn Extruders, Brampton Engineering, Brown Machine, Bruckner Group, CROWN Machine uwp, Davis-Standard, Donghua Machinery, Fu Chun Shin Machinery Manufacture, GN Plastics, Graham Engineering, Haitian, INTYPE ENTERPRISE, Kautex Maschinenbau, KraussMaffei Technologies, Lyle Industries, Macro Engineering & Technology, Nan Rong Mechanical, Negri Bossi, Ningbo Haida Plastic Machinery, NISSEI ASB MACHINE, Queen’s Machinery, SencorpWhite, Sidel, Sunningdale Tech, Thai Hydraulic Machinery and Toshiba Machine are players operating in the plastics processing machinery market.

The scope of the Global Plastics Processing Machinery Market

Global Plastics Processing Machinery Market by Product Type:

• Injection Molding Machine • Blow Molding Machine • Compression Molding Machine • Extrusion Molding Machine • Rotational Molding Machine

Global Plastics Processing Machinery Market by Industry Vertical:

• Construction • Automotive • Product • Consumer Goods • Healthcare • Others

Global Plastics Processing Machinery Market by Region:

• North America • Europe • Asia Pacific • Middle East & Africa • Latin America

Key Player Analyzed in Global Plastics Processing Machinery Market:

• Arburg GmbH & Co. • Battenfeld-Cincinnati Austria GmbH • BEKUM Maschinenfabriken GmbH • Brampton Engineering, Inc. • Brown Machine LLC • Brückner Group GmbH • Alpha Marathon Film Extrusion Technologies • Aoki Technical Laboratory • BEKUM Maschinenfabriken • Berlyn Extruders • Brampton Engineering • Brown Machine • Bruckner Group • CROWN Machine uwp • Davis-Standard • Donghua Machinery • Fu Chun Shin Machinery Manufacture • GN Plastics • Graham Engineering • Haitian • INTYPE ENTERPRISE • Kautex Maschinenbau • KraussMaffei Technologies • Lyle Industries • Macro Engineering & Technology • Nan Rong Mechanical • Negri Bossi • Ningbo Haida Plastic Machinery • NISSEI ASB MACHINE • Queen’s Machinery • SencorpWhite • Sidel • Sunningdale Tech • Thai Hydraulic Machinery • Toshiba Machine



Reset Password