The Surge In Demand Driving Plastic Processing Auxiliary Equipment Market Driver: Leading Transformation in the Plastic Processing Auxiliary Equipment Market in 2025

What industry-specific factors are fueling the growth of the plastic processing auxiliary equipment market?
The increase in need for plastic processing auxiliary machinery is predicted to stimulate the plastic processing auxiliary equipment market's expansion in the future. The term 'plastic machinery' is assigned to equipment utilized in the crafting and treatment of plastic goods. Plastic processing auxiliary equipment plays a crucial role in several production lines, enhancing the product's standard, elevating its durability, and aiding extrusion, injection molding, or machine molding operations. For instance, in March 2023, the Plastics Industry Association's (PLASTICS) Committee's Equipment Statistics (CES) report, a US-based body, disclosed a 22.3% rise in North American plastic machinery shipments in the last quarter of 2022, totaling $432.7 million. This marked an overall growth of 4.4% when compared to 2021. The most notable growth was seen in the valuation of single-screw extruders, seeing an increase of 34.6%, followed by a 25.0% rise in injection molding shipments. Twin-screw extruder shipments also saw an 8.9% rise. Hence, the escalating demand for plastic processing instruments is fueling the advancement of the plastic processing auxiliary equipment market in the years to come.

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What Is the projected market size and growth rate for the plastic processing auxiliary equipment market?
There has been a consistent growth in the market size of plastic processing auxiliary equipment over the past few years. The market is projected to rise from $7.26 billion in 2024 to $7.5 billion in 2025, registering a compound annual growth rate (CAGR) of 3.3%. The significant growth during the historical period can be linked to the expansion of the plastic manufacturing sector, globalisation of plastic production, regulatory adherence, enhanced safety measures, expansion in the packaging industry and initiatives in recycling.

Expectations are for the market size of the plastic processing auxiliary equipment to experience consistent growth in the upcoming years, with a projected value of $9 billion by 2029, marking a Compound Annual Growth Rate (CAGR) of 4.7%. This predicted growth during the forecasted period may be due to factors such as improved focus on energy efficiency, advanced processing of materials, a rise in 3D printing in the plastics industry, increasing demand for sustainable practices, progressive research and development in material science, and the resilience of the global supply chain. Major anticipated trends during this period include remote maintenance and diagnostics, compact and modular designs, diversification of applications through customization, increased use of automation and robotics, and integration with Industry 4.0.

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What new trends are reshaping the plastic processing auxiliary equipment market and its opportunities?
The increasing emergence of advanced technologies is a notable trend gaining traction in the plastic processing auxiliary equipment market. Corporations in this market are introducing cutting-edge technological products that leverage artificial intelligence, to solidify their standing within the industry. As an illustration, in October 2022, LS Mtron Co Ltd., an enterprise from South Korea that specializes in heavy machinery and electronic components, debuted its AI Molding Assistant and Smart Weight Control, categorized under AI-driven smart injection systems. The AI Molding Assistant adopts AI technology to mimic the actions of experienced molding specialists, therefore reducing the time needed to stabilize the initial molding setup procedure. Additionally, the Smart Weight Control system identifies product weight variations and modifies processing conditions in real-time, ensuring specifications are accurately adhered to.

What major market segments define the scope and growth of the plastic processing auxiliary equipment market?
The plastic processing auxiliary equipment market covered in this report is segmented -

1) By Type: Conveying Equipment, Extrusion Equipment, Blending Equipment, Drying Equipment, Heat Transfer Equipment, Plastic Processing Robots, Size Reduction Equipment, Material Storage Equipment, Other equipment
2) By Molding Technique: Injection Technique, Blow Technique, Extrusion Technique, Compression Technique, Other Molding Techniques
3) By Application: Food, Pharmaceutical, Automobile, Other Applications

Subsegments:
1) By Conveying Equipment: Belt Conveyors, Screw Conveyors, Pneumatic Conveyors, Bucket Elevators
2) By Extrusion Equipment: Single-Screw Extruders, Twin-Screw Extruders, Pipe And Profile Extruders, Sheet Extruders
3) By Blending Equipment: Batch Mixers, Continuous Mixers, Gravimetric Blenders, Non-Gravimetric Blenders
4) By Drying Equipment: Dehumidifying Dryers, Hot Air Dryers, Vacuum Dryers, Hopper Dryers
5) By Heat Transfer Equipment: Heat Exchangers, Water-Cooled Chillers, Oil Heaters, Thermal Controllers
6) By Plastic Processing Robots: Articulated Robots, SCARA Robots, Delta Robots, Collaborative Robots
7) By Size Reduction Equipment: Granulators, Shredders, Pulverizers, Crushers, Hammer Mills
8) By Material Storage Equipment: Silos, Bins, Hoppers, Tote Bins, Bulk Storage Systems
9) By Other Equipment: Mixing Stations, Dosing And Weighing Systems, Degassing Systems, Vacuum Loading Systems, Material Handling Equipment

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Which region dominates the plastic processing auxiliary equipment market?
Asia-Pacific was the largest region in the plastic processing auxiliary equipment market in 2024. The regions covered in the plastic processing auxiliary equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the plastic processing auxiliary equipment industry growth?
Major companies operating in the plastic processing auxiliary equipment market include Piovan Group, Shibaura Machine Co. Ltd.,Wittmann Technology GmbH, Woywod Kunststoffmaschinen GmbH & Co. Vertriebs-KG, Kawata Mfg Co. Ltd., Bry-Air Pvt. Ltd., Reynold India Pvt. Ltd., Maillefer SA, Moretto SpA, Matsui America Inc., Novatec Inc., Werner Koch Maschinentechnik GmbH, Absolute Haitian Corporation, Guanxin Plastic Machinery Co. Ltd., Vector Injection Ltd., Plastic Systems Srl, Motan Group, Pinnacle Systems Inc., ACS Group, Conair Group, PMS Plastics cc, Maguire Products Inc., Comet Plastic Equipment LLC, Plastrac Inc., Gammaflux L.P., Coperion GmbH, Labotek A/S, Sterling Auxiliaries Pvt. Ltd., Universal Dynamics Inc., Davis Standard LLC

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What Is Covered In The Plastic Processing Auxiliary Equipment Global Market Report?

• Market Size Forecast: Examine the plastic processing auxiliary equipment market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the plastic processing auxiliary equipment market for a structured understanding.
• Key Players Overview: Analyze major players in the plastic processing auxiliary equipment market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the plastic processing auxiliary equipment market.
• Segment Contributions: Evaluate how different segments drive overall growth in the plastic processing auxiliary equipment market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the plastic processing auxiliary equipment market.
• Industry Challenges: Identify potential risks and obstacles affecting the plastic processing auxiliary equipment market.
• Competitive Landscape: Review strategic developments in the plastic processing auxiliary equipment market, including expansions, agreements, and new product launches.

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