Press release
Plastic Processing Auxiliary Equipment Global Market Report 2025: Steady Growth with a CAGR of 3.3% to Reach $7.5 billion
Plastic Processing Auxiliary Equipment Market Size
What Is The Projected Market Size Of The Plastic Processing Auxiliary Equipment Global Market Report 2025 And Its Growth Rate?
•The market grew from $7.26 billion in 2024 to an expected $7.5 billion in 2025, at a CAGR of 3.3%.
•Factors contributing to this growth include increased plastic manufacturing, globalization of plastic production, regulatory compliance and safety, and packaging industry growth.
•The market is expected to reach $9 billion in 2029 at a CAGR of 4.7%.
•Growth trends for this period include a focus on energy efficiency, advanced material processing, expansion of 3d printing in plastics, demand for sustainable practices, and R&D in materials science.
What Is Driving The Growth In The Plastic Processing Auxiliary Equipment Global Market Report 2025?
The rise in demand for plastic processing auxiliary equipment is driving the market growth. Plastic processing auxiliary equipment, vital in various production lines, helps improve the quality, increase strength, and support extrusion, injection molding, or machine molding processes. The Plastics Industry Association's Equipment Statistics report for March 2023 revealed a 22.3% increase in the shipments of plastics machinery in North America, providing an overall growth of 4.4% compared to 2021. The most significant growth was seen in the value of single-screw extruders, which rose by 34.6%, followed by injection molding shipments that increased by 25.0%.
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Who Are the Key Players Driving Plastic Processing Auxiliary Equipment Global Market Report 2025 Growth?
•Piovan Group
•Shibaura Machine Co. Ltd.
•Wittmann Technology GmbH
•Woywod Kunststoffmaschinen GmbH & Co. KG
•Kawata Mfg Co. Ltd.
•Bry-Air Pvt. Ltd.
•Reynold India Pvt. Ltd.
•Maillefer SA
•Moretto SpA
•Matsui America Inc.
What Are The Key Trends In The Plastic Processing Auxiliary Equipment Global Market Report 2025?
•Advanced technologies are gaining traction in the market.
•Novel technological products based on AI are being launched.
•Major trends include remote maintenance and diagnostics, compact and modular designs, customization for diverse applications, automation and robotics, and Industry 4.0 integration.
What Are The Segments Of The Global Plastic Processing Auxiliary Equipment Global Market Report 2025?
•By Type: Conveying Equipment, Extrusion Equipment, Blending Equipment, Drying Equipment, Heat Transfer Equipment, Plastic Processing Robots, Size Reduction Equipment, Material Storage Equipment, Other equipment
• By Molding Technique: Injection Technique, Blow Technique, Extrusion Technique, Compression Technique, Other Molding Techniques
•By Application: Food, Pharmaceutical, Automobile, Other Applications
Which Region Leads The Plastic Processing Auxiliary Equipment Global Market Report 2025?
Asia-Pacific was the largest region in the plastic processing auxiliary equipment market in 2024. The report covers other regions like Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Plastic Processing Auxiliary Equipment Global Market Report 2025 Global Market Report?
•Market Size Analysis: Analyze the Plastic Processing Auxiliary Equipment Global Market Report 2025 size by key regions, countries, product types, and applications.
•Market Segmentation Analysis: Identify various subsegments within the Plastic Processing Auxiliary Equipment Global Market Report 2025 market for effective categorization.
•Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
•Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
•Market Contribution: Evaluate contributions of different segments to the overall Plastic Processing Auxiliary Equipment Global Market Report 2025 growth.
•Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
•Industry Challenges: Analyze challenges and risks affecting the Plastic Processing Auxiliary Equipment Global Market Report 2025.
•Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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