Plastic Extrusion Machine Market Summary
As per Market Research Future Analysis, the Global Plastic Extrusion Machine Market is projected to grow from USD 7.52 Billion in 2024 to USD 12.87 Billion by 2035, with a CAGR of 5.00% during the forecast period (2024 - 2032). The market was valued at USD 7.52 Billion in 2024, driven by increasing demand for plastic products across various industries, including construction, automotive, and packaging. The Asia-Pacific region dominated the market in 2022, accounting for 45.80% of the share, with China leading in market size. Key trends include advancements in technology for efficiency and productivity, particularly in the automotive sector, where lightweight solutions are in demand.
Key Market Trends & Highlights
Key trends driving the market include technological advancements and increased demand across various sectors.
- Plastic Extrusion Machine Market Size in 2024: USD 7.52 Billion.
- Projected Market Size by 2035: USD 12.87 Billion.
- Asia-Pacific Market Share in 2022: 45.80%, with China as the largest market.
- Blown film extrusion segment generated the most revenue in 2022.
Market Size & Forecast
2024 Market Size | USD 7.52 Billion |
2035 Market Size | USD 12.87 Billion |
CAGR | 5.00% |
Major Players
Key players include Bausano & Figli SpA, Costruzioni Meccaniche Luigi Bandera SpA, Kabra ExtrusionTechnik Ltd., KraussMaffei Group, Milacron Holdings Corp., The Japan Steel Works, Toshiba Machine Co., Ltd., UNION Officine Meccaniche SpA, and Windsor Machines Limited.