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
The global plastic extrusion machines market size reached USD 6.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 9.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
USD 6.6 Billion
Market Forecast in 2032
USD 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.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global plastic extrusion machinesmarket 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:
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:
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
Billion USD
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
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)
Key Questions Answered in This Report
The global plastic extrusion machines market was valued at USD 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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