Global Plastic Compounding Machinery Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Plastic Compounding Machinery Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Machinery (Single-Screw, Twin-Screw, Co-rotating Twin-Screw, and Other Types), Application Type (Standard Thermoplastics, Engineering Plastics, Masterbatch Production, Specialty Polymers, Flooring Compounds, and Others (including LFT, Thermoplastic elastomers (TPE,- S, -V, -U), HFFR, thermosets, bio-plastics, etc.)), End-user Industry (Packaging, Construction, Medical, Plastics, Chemicals, and Other End-user Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Plastic Compounding Machinery Market was valued at USD 1,006.6 million in 2023 and is expected to reach USD 1,453.5 million by 2031 while growing at a CAGR of 4.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global plastic compounding machinery market growth. Plastic compounding machinery blends raw materials and additives, creating customized compounds for specific performance needs in various applications within the plastic manufacturing industry.
The rising demand for plastics, coupled with ongoing advancements in plastic compounding technologies like twin-screw extruders and pelletizing systems, propels the growth of the plastic compounding machinery market. Yet, challenges such as volatility in raw material prices and high initial investment costs could hinder market expansion.
Furthermore, the global plastic compounding machinery industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Machinery Analysis
The Global Plastic Compounding Machinery Market is segmented among Single-Screw, Twin-Screw, Co-rotating Twin-Screw, and Other Types, based on Machinery. In 2023, Single-Screw accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Type Analysis
The Global Plastic Compounding Machinery Market is segmented among Standard Thermoplastics, Engineering Plastics, Masterbatch Production, Specialty Polymers, Flooring Compounds, and Others, based on Application Type. In 2023, Specialty Polymers accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Plastic Compounding Machinery Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Coperion GmbH, CPM EXTRUSION GROUP, Farrel Corporation, ICMA San Giorgio SpA, Ikegai Corp., Kobe Steel, Ltd., KraussMaffei Group, Nordson Corporation, Randcastle Extrusion Systems, Inc., and TECHNOVEL Corporation.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Plastic Compounding Machinery Market Dynamics
Drivers
Restraints
Opportunity
4. Global Plastic Compounding Machinery Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Plastic Compounding Machinery Market Segmentation, By Machinery
Global Plastic Compounding Machinery Market Share Analysis, By Machinery
Global Plastic Compounding Machinery Market Growth Analysis, By Machinery
Global Plastic Compounding Machinery Market Trends, By Machinery
o Single-Screw
o Twin-Screw
o Co-rotating Twin-Screw
o Other Types
6. Global Plastic Compounding Machinery Market Segmentation, By End User
Global Plastic Compounding Machinery Market Share Analysis, By End User
Global Plastic Compounding Machinery Market Growth Analysis, By End User
Global Plastic Compounding Machinery Market Trends, By End User
o Standard Thermoplastics
o Engineering Plastics
o Masterbatch Production
o Specialty Polymers
o Flooring Compounds
o Others (including LFT, Thermoplastic elastomers (TPE, - S, -V, -U), HFFR, thermosets, bio-plastics, etc.
7. Global Plastic Compounding Machinery Market Segmentation, By End-user Industry
Global Plastic Compounding Machinery Market Share Analysis, By End-user Industry
Global Plastic Compounding Machinery Market Growth Analysis, By End-user Industry
Global Plastic Compounding Machinery Market Trends, By End-user Industry
o Packaging
o Construction
o Medical
o Plastics
o Chemicals
o Other End-user Industries
8. Global Plastic Compounding Machinery Market Segmentation, By Region
Global Plastic Compounding Machinery Market Share Analysis, By Region
Global Plastic Compounding Machinery Market Growth Analysis, By Region
Global Plastic Compounding Machinery Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Coperion GmbH*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
CPM EXTRUSION GROUP
Farrel Corporation
ICMA San Giorgio SpA
Ikegai Corp.
Kobe Steel, Ltd.
KraussMaffei Group
Nordson Corporation
Randcastle Extrusion Systems, Inc
TECHNOVEL Corporation
*Similar analysis will be provided for each company listed above.
