Press release
Plastic Extrusion Machine Market size worth USD 9,775.34 Million by 2034, Propelled by 4.3% CAGR
Plastic Extrusion Machine Market
The global plastic extrusion machine market size was valued at USD 6,406.39 million in 2024 and is anticipated to generate an estimated revenue of USD 9,775.34 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust CAGR of 4.3% over the forecasted timeframe of 2025-2034.
Market Overview
Plastic extrusion is high-volume, continuous manufacturing process. In this procedure, a thermoplastic substance, whether in powder, pellet, or granular configuration, is melted evenly. The molten substance is then forced out through a shaping die by applying pressure. In screw extrusion, pressure generated by the rotation of the screw against the barrel wall. As the plastic melt progresses through the die, it takes the die's shape and leaves the extruder.
Pellets generated from compounding extrusion can act as feedstock for supplemental extrusion procedures such as molding and roto molding. Compounding polymers with several components, such as stabilizers, flame retardants, release agents, and mineral fillers, generate contemporary formulations that encounter particular needs of varied applications.
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Market Drivers
Technological Progressions: Modern extrusion machines combine automation, real-time monitoring, and energy-efficient procedures to maximize production while reducing material waste, improving productivity, accuracy, and consistency in production procedures. Breakthroughs such as multi-layer extrusion and accelerated processing enhance product quality and expand application opportunities across various industries, driving the growth of the plastic extrusion machine market.
Growing Applications in Several Industries: The rising demand in prominent industries such as packaging, construction, healthcare and automotive drives the market advancements. These industries growingly depend on extruded plastic constituents. In construction, plastic profiles, pipes, and insulation substances are important for infrastructure projects, while the packaging industry relies on superior films and sheets for adjustable and dense packaging solutions.
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Competitive Landscape
Key strategies such as partnerships, contracts, expansions, and other approaches used by market competitors are analyzed in the report. The major players covered in the report include:
• AMUT S.P.A.
• BC Extrusion Holding GmbH
• Davis Standard
• Extrusion Technik USA, Inc.
• Graham Engineering
• KraussMaffei
• Milacron
• NFM / Welding Engineers, Inc.
• The Japan Steel Works, LTD.
• WENGER MANUFACTURING
Regional Analysis
The plastic extrusion machine market exhibits notable regional variations driven by economic conditions, technological advancements, and industry-specific demand.
Asia Pacific dominated the market in 2024 due to the region's robust industrial foundation, speedy urbanization, and elevated demand for plastic commodities covering critical industries.
North America is projected to witness the fastest growth during the forecast period due to growing funding in advanced manufacturing technologies and green plastic solutions.
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Segmental Outlook
Polaris Market Research has segmented the plastic extrusion machine market report on the basis of machine type, process type, solution, and application:
By Machine Type Outlook
• Single-Screw
• Twin-Screw
By Process Type Outlook
• Blown Film Extrusion
• Sheet/Film Extrusion
• Tubing Extrusion
• Others
By Solution Outlook
• New Sales
• Aftermarket
By Application Outlook
• Building & Construction
• Medical
• Transportation
• Consumer Goods
• Others Source
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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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