Global Plastic Processing Machinery Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Plastic Processing Machinery Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Injection Molding Machinery, Blow Molding Machinery, Extrusion Machinery, Thermoforming Machinery, 3D Plastic Printers, and Other Types), End-user Industry (Packaging, Consumer Products, Construction, Automotive, and Other End-user Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Plastic Processing Machinery Market was valued at USD 25,088.2 million in 2023 and is expected to reach USD 36,785.2 million by 2031 while growing at a CAGR of 4.9% 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 processing machinery market growth. Plastic processing machinery covers a broad spectrum of equipment crucial for manufacturing plastic products in industries like packaging, automotive, construction, electronics, healthcare, and consumer goods. It includes various machines tailored for stages such as raw material handling, compounding, molding, extrusion, thermoforming, recycling, and finishing.
The increasing demand for plastics across industries, coupled with ongoing technological advancements in plastic processing machinery, propels the growth of the plastic processing machinery market. Nonetheless, challenges such as fluctuating raw material prices and the capital-intensive nature of machinery may hinder market expansion.
Furthermore, the global plastic processing machinery industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Plastic Processing Machinery Market is segmented among Injection Molding Machinery, Blow Molding Machinery, Extrusion Machinery, Thermoforming Machinery, 3D Plastic Printers, and Other Type, based on type. In 2023, Injection Molding Machinery 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 End-user Industry Analysis
The Global Plastic Processing Machinery Market is segmented among Packaging, Consumer Products, Construction, Automotive, and Other End-user Industries, based on End-user Industry. In 2023, Packaging 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 Processing 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 KraussMaffei Group (ChemChina), Brown Machine Group, Haitian International Holdings Limited, Engel Austria GmbH, Kautex Maschinenbau GmbH, Graham Engineering Corporation, Gurucharan Industries, Milacron LLC (Hillenbrand Inc.), The Japan Steel Works Ltd, Sumitomo Heavy Industries, and Arburg GmbH + Co KG.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Plastic Processing Machinery Market Dynamics
Drivers
Restraints
Opportunity
4. Global Plastic Processing Machinery Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Plastic Processing Machinery Market Segmentation, By Type
Global Plastic Processing Machinery Market Share Analysis, By Type
Global Plastic Processing Machinery Market Growth Analysis, By Type
Global Plastic Processing Machinery Market Trends, By Type
o Injection Molding Machinery
o Blow Molding Machinery
o Extrusion Machinery
o Thermoforming Machinery
o 3D Plastic Printers
o Other Types
6. Global Plastic Processing Machinery Market Segmentation, By End-user Industry
Global Plastic Processing Machinery Market Share Analysis, By End-user Industry
Global Plastic Processing Machinery Market Growth Analysis, By End-user Industry
Global Plastic Processing Machinery Market Trends, By End-user Industry
o Packaging
o Consumer Products
o Construction
o Automotive
o Other End-user Industries
7. Global Plastic Processing Machinery Market Segmentation, By Region
Global Plastic Processing Machinery Market Share Analysis, By Region
Global Plastic Processing Machinery Market Growth Analysis, By Region
Global Plastic Processing Machinery Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
KraussMaffei Group (ChemChina)*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Brown Machine Group
Haitian International Holdings Limited
Engel Austria GmbH
Kautex Maschinenbau GmbH
Graham Engineering Corporation
Gurucharan Industries
Milacron LLC (Hillenbrand Inc.)
The Japan Steel Works Ltd
Sumitomo Heavy Industries
Arburg GmbH + Co KG
*Similar analysis will be provided for each company listed above.
