Plastic Extrusion Machines Market Size, Share, Analysis and Forecast, 2020–2027 | by Machine Type, Process, Solution & Application

Manufacturing sectors such as automotive, packaging, healthcare, and others, exhibit high demand for various types of plastic extrusion machine. Plastic extrusion is a method used for producing fixed cross-sectional profile plastic products. Polymers such as PVC, PP, and PE, are pressed through a die of desired shape and cross-section to produce extruded plastic products, including weather-stripping lines, pipes, tubes, plastic films, window frames, plastic sheet, wire insulations, and thermoplastic coatings.

According to a new report published by Allied Market Research, titled, “Plastic Extrusion Machines Market by Machine Type, Solution, Process Type, and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global plastic extrusion machines market size was valued at $6.3 billion in 2019, and is projected to reach $7.9 billion by 2027, registering a CAGR of 4.5% from 2020 to 2027.

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Plastic Extrusion Machines Market by Machine Type (Single Screw and Twin Screw), Process Type (Blow Film Extrusion, Sheet/Film Extrusion), Tubing Extrusion, and Others), Solution (New Sales and Aftermarket), and Application (Building and Construction, Medical, Transportation, Consumer Goods, and Others)

The various features of plastic extrusion machine such as robustness, easy to operate, higher manufacturing rates & rapid production, and high quality, fuel the growth of the global plastic extrusion machine market. In addition, there has been an exponential rise in the packaging industry in economies such as China and India, which further drive the demand for high-performance extruded plastic packaging films, thereby driving the growth of the plastic extrusion machinery industry. For instance, packaging industry in India is expected to grow with a CAGR of 26.7% from 2021 to 2026.

Key Players

The key players profiled in this report include Bausano & Figli SpA, Costruzioni Meccaniche Luigi Bandera SpA, Kabra ExtrusionTechnik Ltd., KraussMaffei Group, Milacron Holdings Corp., Reifenhäuser GmbH & Co. KG Maschinenfabrik, The Japan Steel Works, Toshiba Machine Co., Ltd., UNION Officine Meccaniche SpA, and Windsor Machines Limited.

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Key Benefits For Stakeholders

The report provides an extensive analysis of the current and emerging plastic extrusion machines market trends and dynamics.

In-depth market analysis is conducted by plastic extrusion machines market estimations for the key market segments between 2019 and 2027.

Extensive plastic extrusion machines market analysis is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global plastic extrusion machines market forecast analysis from 2020 to 2027 is included in the report.

The key market players within the plastic extrusion machines market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the plastic extrusion machines market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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