Plastic Extrusion Machinery Market by Machine Type, Process Type, Plastic Type, End Product, End Use

Description

List of Tables

[180 Pages Report] The Plastic Extrusion Machinery Market size was estimated at USD 7.10 billion in 2023 and expected to reach USD 7.55 billion in 2024, at a CAGR 6.58% to reach USD 11.10 billion by 2030.

Plastic extrusion machinery comprises various machines and equipment used in plastic extrusion. Plastic extrusion is a widely employed manufacturing technique where raw plastics are melted and formed into an end product. This versatile method enables the creation of different products such as pipes, films, sheets, insulation coverings, rods, and tube profiles for the automotive, construction, packaging, electrical & electronics industries. The surging demand for plastic products in end-use industries and rising emphasis on lightweight plastic materials and components in automotive manufacturing to improve fuel efficiency and reduce carbon emissions are expanding the use of plastic extrusion machinery. The growing construction industry also bolsters the demand for PVC pipes and profiles requiring extrusion processes. However, the high cost and technical limitations of plastic extrusion machinery may impede the adoption by the end-use industries. Moreover, advancements and development of precision-driven machinery are expected to increase the adoption of plastic extrusion machinery.

KEY MARKET STATISTICS
Base Year [2023]	USD 7.10 billion
Estimated Year [2024]	USD 7.55 billion
Forecast Year [2030]	USD 11.10 billion
CAGR (%)	6.58%

Regional Insights

The significant presence of well-established industrial sectors and manufacturers catering to diverse industries such as packaging, construction, automotive, and consumer goods is accelerating the use of plastic extrusion machinery in the Americas. The supportive government initiatives for plastic recycling in the region have further propelled the usage of plastic extrusion machinery. The growth in the construction sector and rapid industrialization drive the demand for plastic products fueled by reliable extrusion technology in the APAC region. The rapid growth in the usage of plastics and increasing concerns regarding plastic waste in the emerging economies of the Asia-Pacific region are expected to create opportunities for the plastic extrusion machinery market. The production of high-quality and technologically advanced plastic extrusion machines is accelerating the use of plastic extrusion machinery in the EMEA region. Additionally, automation and digitalization, leading to advancements in extrusion technology, are creating immense potential to encourage the adoption of plastic extrusion machinery by end-use industries worldwide.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Plastic Extrusion Machinery Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Growing use of plastics and concerns related to plastic waste in landfills
- High adoption of recycled plastics in the construction and automotive industry

Market Restraints
- High cost associated with tooling and machinery

Market Opportunities
- Technological advancements in plastic extrusion machinery
- Government initiatives and investments in plastic recycling

Market Challenges
- Technical limitations of the plastic extrusion machinery

Market Segmentation Analysis
- Machine Type: High preferences for single screw machines due to their ease of use, cost-effectiveness
- End Product: Need for extrusion machinery capable of handling a variety of materials and diameters for pipes and tubes

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Plastic Extrusion Machinery Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Plastic Extrusion Machinery Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Clariant Launches Eco-Friendly AddWorks PPA for Polyolefin Film Extrusion at Chinaplas 2024

Clariant showcased its commitment to environmental sustainability and efficiency in the plastics industry at Chinaplas 2024 in Shanghai. The company introduced AddWorks PPA, a new line of polymer processing aids designed specifically for polyolefin film extrusion. This innovative product range stands out as it is free from perfluoralkyl substances (PFAS), aligning with stringent global regulations to reduce environmental persistence and human health risks. [Published On: 2024-04-23]

Davis-Standard Expands Capabilities with Acquisition of Gloucester Engineering's Extrusion Group

Davis-Standard, a player in the extrusion and converting technology sector, completed the acquisition of Gloucester Engineering's extrusion technology group. By incorporating Gloucester's innovative technology and engineering prowess, Davis-Standard is poised to offer extended system and service solutions. The acquisition strengthens its market position and bolsters its ability to meet diverse customer needs across various industries including packaging, construction, and agricultural sectors. [Published On: 2024-02-05]

Macchi Forms Strategic Alliance with Ashling Partners to Expand its Extrusion Technology Presence in India

Macchi, producing extruded plastics machinery, strategically partnered with Ashling Partners to reinforce its presence in the Indian market. This alliance aims to leverage Ashling's robust network and local expertise to enhance service delivery and customer engagement in India. The collaboration is set to significantly benefit Macchi by facilitating deeper market penetration and improved support for its cutting-edge extrusion technologies. [Published On: 2023-11-27]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Plastic Extrusion Machinery Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Plastic Extrusion Machinery Market, highlighting leading vendors and their innovative profiles. These include AMUT SpA, Apex Engineers, Bausano & Figli S.p.A., BC Extrusion Holding GmbH, Bosch Rexroth Corporation, CDS Machines, Costruzioni Meccaniche Luigi Bandera SpA, Davis-Standard, LLC, DEGUMA-SCHUTZ GmbH, Graham Engineering, Hans WEBER Maschinenfabrik GmbH, ITIB Machinery International srl, Kabra ExtrusionTechnik Ltd., KraussMaffei Group GmbH, Milacron LLC, Plastics Extrusion Machinery LLC, RDN Manufacturing Co., Inc., Reifenhauser GmbH & Co. KG Maschinenfabrik, Shibaura Machine Co., Ltd., Shyam Plastic Machinery, Tecnomatic S.r.l., The Japan Steel Works, Ltd., TROESTER GmbH & Co. KG, UNION Officine Meccaniche S.p.A., Windsor Machines Pvt. Ltd., and Yean Horng Machinery Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Plastic Extrusion Machinery Market to forecast the revenues and analyze trends in each of the following sub-markets:

Machine Type
- Ram Extruder
- Single Screw Extrusion Machine
- Twin Screw Extrusion Machine

Process Type
- Blow Film Extrusion
- Over Jacket Extrusion
- Sheet Film Extrusion
- Tubing Extrusion

Plastic Type
- Bioplastics
- Elastomers
- Engineering Plastics
- Thermoplastics
  - Acrylonitrile Butadiene Styrene (ABS)
  - Polyethylene (PE)
  - Polypropylene (PP)
  - Polystyrene (PS)
  - Polyvinyl Chloride (PVC)
End Product
- Films
- Pipes & Tubes
- Profiles
- Sheets

End Use
- Automotive
- Building & Construction
- Consumer Goods
- Electrical & Electronics
- Packaging

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-035AB9C0DA57

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing use of plastics and concerns related to plastic waste in landfills
  - 5.1.1.2. High adoption of recycled plastics in the construction and automotive industry
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with tooling and machinery
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in plastic extrusion machinery
  - 5.1.3.2. Government initiatives and investments in plastic recycling
- 5.1.4. Challenges
  - 5.1.4.1. Technical limitations of the plastic extrusion machinery
5.2. Market Segmentation Analysis
- 5.2.1. Machine Type: High preferences for single screw machines due to their ease of use, cost-effectiveness
- 5.2.2. End Product: Need for extrusion machinery capable of handling a variety of materials and diameters for pipes and tubes
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Plastic Extrusion Machinery Market, by Machine Type

6.1. Introduction
6.2. Ram Extruder
6.3. Single Screw Extrusion Machine
6.4. Twin Screw Extrusion Machine

7. Plastic Extrusion Machinery Market, by Process Type

7.1. Introduction
7.2. Blow Film Extrusion
7.3. Over Jacket Extrusion
7.4. Sheet Film Extrusion
7.5. Tubing Extrusion

8. Plastic Extrusion Machinery Market, by Plastic Type

8.1. Introduction
8.2. Bioplastics
8.3. Elastomers
8.4. Engineering Plastics
8.5. Thermoplastics

9. Plastic Extrusion Machinery Market, by End Product

9.1. Introduction
9.2. Films
9.3. Pipes & Tubes
9.4. Profiles
9.5. Sheets

10. Plastic Extrusion Machinery Market, by End Use

10.1. Introduction
10.2. Automotive
10.3. Building & Construction
10.4. Consumer Goods
10.5. Electrical & Electronics
10.6. Packaging

11. Americas Plastic Extrusion Machinery Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Plastic Extrusion Machinery Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Plastic Extrusion Machinery Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Clariant Launches Eco-Friendly AddWorks PPA for Polyolefin Film Extrusion at Chinaplas 2024
- 14.3.2. Davis-Standard Expands Capabilities with Acquisition of Gloucester Engineering's Extrusion Group
- 14.3.3. Macchi Forms Strategic Alliance with Ashling Partners to Expand its Extrusion Technology Presence in India
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio