Plastic Extrusion Machinery Market by Machine Type (Ram Extruder, Single Screw Extrusion Machine, Twin Screw Extrusion Machine), Process Type (Blow Film Extrusion, Over Jacket Extrusion, Sheet Film Extrusion), Plastic Type, End Product, End Use - Global F

Plastic Extrusion Machinery Market by Machine Type (Ram Extruder, Single Screw Extrusion Machine, Twin Screw Extrusion Machine), Process Type (Blow Film Extrusion, Over Jacket Extrusion, Sheet Film Extrusion), Plastic Type, End Product, End Use - Global Forecast 2024-2030

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.

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.

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.

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.

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-SCHÜTZ 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., Reifenhäuser 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

Please Note: PDF & Excel + Online Access - 1 Year