Global Plastic Processing Machinery Market 2023-2029
The global plastic processing machinery market size is projected to grow by USD 14.6 billion from 2023 to 2029, registering a CAGR of 4.39 percent, according to the latest market d
The global plastic processing machinery market size is projected to grow by USD 14.6 billion from 2023 to 2029, registering a CAGR of 4.39 percent, according to the latest market data. Plastic processing machinery is widely used in many industries, including packaging, automotive, construction, and consumer goods. These machines are essential for the efficient and cost-effective production of plastic products, and are constantly evolving to meet the changing needs of the industry.Plastic processing machinery is widely used in many industries, including packaging, automotive, construction, and consumer goods. These machines are essential for the efficient and cost-effective production of plastic products, and are constantly evolving to meet the changing needs of the industry.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global plastic processing machinery market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, plastic type, end user, and region. The global market for plastic processing machinery can be segmented by type: injection molding machinery, blow molding machinery, compression molding machinery, extrusion molding machinery, rotational molding machinery. According to the research, the extrusion molding machinery segment had the largest share in the global plastic processing machinery market. Plastic processing machinery market is further segmented by plastic type: polypropylene (PP), polyethylene (PE), polyurethane (PUR), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS), others. In 2022, the polyethylene (PE) segment made up the largest share of revenue generated by the plastic processing machinery market. Based on end user, the plastic processing machinery market is segmented into: packaging, construction, automotive, electronic and electrical, agriculture, others. Among these, the packaging segment was accounted for the highest revenue generator in 2022. On the basis of region, the plastic processing machinery market also can be divided into: North America, Europe, Asia-Pacific, Rest of the World (RoW). Asia-Pacific captured the largest share of the market in 2022.
Market Segmentation
By type: injection molding machinery, blow molding machinery, compression molding machinery, extrusion molding machinery, rotational molding machinery
By plastic type: polypropylene (PP), polyethylene (PE), polyurethane (PUR), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS), others
By end user: packaging, construction, automotive, electronic and electrical, agriculture, others
By region: North America, Europe, Asia-Pacific, Rest of the World (RoW)
The report explores the recent developments and profiles of key vendors in the Global Plastic Processing Machinery Market, including Haitian International Holdings Limited, Hillenbrand Inc., ENGEL AUSTRIA GmbH, Arburg GmbH + Co KG, Cosmos Machinery Enterprises Limited, Sumitomo Heavy Industries, Ltd., Ningbo Haida Plastic Machinery Co., Ltd., Graham Engineering Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Manmayi Raval
Research Consultant
Scope of the Report
• To analyze and forecast the market size of the global plastic processing machinery market.
• To classify and forecast the global plastic processing machinery market based on type, plastic type, end user, region.
• To identify drivers and challenges for the global plastic processing machinery market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global plastic processing machinery market.
• To identify and analyze the profile of leading players operating in the global plastic processing machinery market.
Why Choose This Report
• Gain a reliable outlook of the global plastic processing machinery market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
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