Plastic Processing Auxiliary Equipment Market by Type (Batch Blenders, Extrusion Controllers, Chillers, Granulators, Robots), Molding Technique (Injection, Blow), Sector (Automotive, Food & Beverage, Packaging, Construction) - Global Forecast to 2030
Plastic Processing Auxiliary Equipment Market by Type (Batch Blenders, Extrusion Controllers, Chillers, Granulators, Robots) By Molding Technique (Injection, Blow), By Sector (Automotive, Food & Beverage, Packaging, Construction) - Global Forecast to 2030
The research report titled, ‘Plastic Processing Auxiliary Equipment Market by Type (Batch Blenders, Extrusion Controllers, Chillers, Granulators, Robots) By Molding Technique (Injection, Blow), By Sector (Automotive, Food & Beverage, Packaging, Construction)—Global Forecast to 2030,’ provides in-depth analysis of plastic processing auxiliary equipment market across six major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.
The plastic processing auxiliary equipment market is expected to reach $9.0 billion by 2030, at a CAGR of 3.5% during the forecast period of 2023–2030.
The growth of this market is driven by the high demand for plastics across sectors such as plastic packaging, construction, automotive, and healthcare, where the demand for plastic products is increasing. In addition, economic growth and improving living standards across the world's developing countries are driving the demand for plastic products.
However, the rising awareness regarding plastic pollution and the growing emphasis on reusing plastics, such as refilling, returning, and reusing, restrain the growth of this market. The proliferation of advanced plastic recycling techniques, also called chemical recycling, is expected to create growth opportunities for the players operating in this market. However, government initiatives to ban single-use plastics are a major challenge to market growth. Additionally, growing consumer awareness regarding sustainability and the adoption of advanced technologies in plastic processing are prominent trends in the plastic processing auxiliary equipment market.
Based on type, the plastic processing auxiliary equipment market is segmented into blending equipment, extrusion equipment, conveying equipment, drying equipment, heat transfer equipment, material storage equipment, size reduction equipment, and other equipment. In 2023, the conveying equipment segment is expected to account for the largest share of the global plastic processing auxiliary equipment market. The conveying system offers various benefits to companies, such as automatic material transfer, labor savings, reduced spillage/wastage, consistent material feeding, and a modular system. However, the blending equipment segment is projected to register the highest CAGR during the forecast period.
Based on molding technique, the global plastic processing auxiliary equipment market is segmented into injection technique, blow technique, extrusion technique, compression technique, and other molding techniques. In 2023, the injection technique segment is projected to account for the largest share of the global plastic processing auxiliary equipment market. This technique is used to create various plastic parts such as plastic bottles, machinery and automotive components, containers, computers, televisions components, outdoor furniture, agricultural products, and toys. However, the blow technique segment is projected to register the highest CAGR during the forecast period.
Based on sector, the global plastic processing auxiliary equipment market is broadly segmented into automotive, food & beverage, pharmaceuticals, plastic packaging, opticals, electricals, white goods, construction, healthcare and other industries. In 2023, the plastic packaging segment is expected to account for the largest share of the global plastic processing auxiliary equipment market. However, the construction segment is expected to register the highest CAGR during the forecast period. In construction industries, plastic is widely used in facade panels, exterior covers, weatherboards, windows, wall linings, floors, ceilings, sanitary equipment, cables, and insulators.
Geographic Review:
Based on geography, in 2023, Asia-Pacific is expected to account for the largest share of the plastic processing auxiliary equipment market. The large share of this market is driven by the growing investment in smart city projects across China, India, and ASEAN member countries. Smart city projects highly demand plastic products such as cables, seals, windows, doors, pipes, cables, floor coverings, and insulation.
The key players operating in the plastic processing auxiliary equipment market are Piovan Group (Italy), Bry-Air (Asia) Pvt. Ltd. (India), Shibaura Machine Co., Ltd. (Japan), Woywod Kunststoffmaschinen GmbH & Co. Vertriebs-KG (Germany), Moretto S.p.A. (Italy), WITTMANN Technology GmbH (WITTMANN Group) (Austria), Werner Koch Maschinentechnik GmbH (Germany), Absolute Haitian Corporation (U.S.), AIC Acquisition Company, LLC (U.S.), Milacron LLC (U.S.), Reynold India Private Limited (India), Guanxin Plastic Machinery Co., LTD (China), Vector Injection Ltd. (Canada), Maillefer (Finland), Rosendahl Nextrom GmbH (Austria), MATSUI MFG. CO., LTD. (Japan), Kawata Mfg. Co., Ltd., and motan holding GmbH (Germany).
Key questions answered in the report:
Which are the high-growth market segments in terms of type, molding technique, sector, and country/region?
What is the historical market for plastic processing auxiliary equipment across the globe?
What are the market forecasts and estimates from 2023–2030?
What are the major drivers, restraints, opportunities, challenges, and trends in the global plastic processing auxiliary equipment market?
Who are the major players in the plastic processing auxiliary equipment market, and what are their market shares?
Who are the major players in various countries, and what are their market shares?
How is the competitive landscape?
What are the recent developments in the plastic processing auxiliary equipment market?
What are the different growth strategies adopted by the major players in the plastic processing auxiliary equipment market?
What are the geographical trends and high-growth countries?
Who are the local emerging players in the plastic processing auxiliary equipment market and how do they compete with other players?
Scope of the Report:
Plastic Processing Auxiliary Equipment Market, by Type
Conveying Equipment
Loaders
Receivers
Hoppers
Control Systems
Other Conveying Equipment
Extrusion Equipment
Extrusion Controllers
Film Trim Reclaim Systems
Vacuum Sizing Equipment
Other Extrusion Equipment
Blending Equipment
Batch Blenders
Continuous Blenders
Other Blending Equipment
Drying Equipment
Dryers
Filtration Equipment
Other Drying Equipment
Heat Transfer Equipment
Chillers
Temperature Control Units
Cooling Tower Systems
Other Heat Transfer Equipment
Plastic Processing Robots
Size Reduction Equipment
Granulators
Shredders
Other Size Reduction Equipment
Material Storage Equipment
Silos
Tilters
Other Material Storage Equipment
Other Equipment
Plastic Processing Auxiliary Equipment Market, by Molding Technique
Injection Technique
Blow Technique
Extrusion Technique
Compression Technique
Other Molding Technique
Plastic Processing Auxiliary Equipment Market, by Sector
Plastic Packaging
Construction
Automotive
Electricals
White Goods
Food & Beverage
Healthcare
Pharmaceuticals
Opticals
Other Sectors
Plastic Processing Auxiliary Equipment Market, by Geography
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Indonesia
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East
Saudi Arabia
UAE
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Report Metrics | Details |
---|---|
Years Considered | 2021 - 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Page Count | 336 |
Units Referenced | Value (USD Million) |
Segments/Key Topics | Market by Type, Molding Technique, Sector, Geography |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa |
Key Companies Mentioned | Milacron LLC (U.S.), Piovan Group (Italy), Shibaura Machine Co., Ltd. (Japan), WITTMANN Technology GmbH (Austria), Kawata Mfg. Co., Ltd. (Japan), motan Holding GmbH (Germany), Maillefer (Finland), Rosendahl Nextrom GmbH (Austria), Moretto S.p.A. (Italy), Bry-Air (Asia) Pvt. Ltd. (India), Reynold India Private Limited (India), Absolute Haitian Corporation (U.S.), AIC Acquisition Company, LLC (U.S.), Guanxin Plastic Machinery Co., LTD (China), Werner Koch Maschinentechnik GmbH (Germany), Matsui Mfg. Co., Ltd. (Japan), Vector Injection Ltd. (Canada), Woywod Kunststoffmaschinen GmbH & Co. Vertriebs-KG (Germany), Maguire Products Inc. (U.S.), Plastic Systems S.r.l. (Italy), Process Control Corporation (U.S.), ACS Group (U.S.), Shini Plastics Technologies, Inc. (Taiwan), Guangdong Topstar Technology Co., Ltd. (China), Azo GmbH & Co. KG (Germany), Novatec Inc. (U.S.), and Prasad Group (India). |
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook