Worldwide Trends Review: The Rapid Development of the Plastic Processing Machinery Market

The plastic processing machinery market is poised for significant expansion over the coming years, driven by technological advancements and increasing demand across various industries. This sector is evolving rapidly as manufacturers seek efficient, sustainable solutions to meet growing needs in manufacturing and packaging. Let's explore the market's anticipated growth, key players, emerging trends, and detailed segmentation to understand its future trajectory.

Plastic Processing Machinery Market Size and Growth Forecast Through 2030
The plastic processing machinery market is projected to reach $54.61 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.5%. This positive outlook is fueled by rising demand for recyclable plastics, increased production of electric vehicle components, wider adoption of smart manufacturing technologies, and expanded use of plastics in construction. Additionally, continuous technological upgrades in plastic molding machinery contribute significantly to this growth. Noteworthy trends include a shift toward all-electric injection molding machines, growing interest in sustainable processing methods, enhanced adoption of multi-component and precision molding techniques, expansion of plastic extrusion specifically for packaging, and increased utilization of industrial 3D plastic printing.

Download a free sample of the plastic processing machinery market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10144&type=smp&utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR

Key Drivers Behind the Rise of the Internal Gear Pump Market
One of the main catalysts for market growth is the ongoing trend toward automation in manufacturing and processing plants. Automated systems often require precise and reliable pumping mechanisms, which internal gear pumps are well suited to provide. Additionally, the push for greater energy efficiency across industrial operations is prompting companies to upgrade to pumps that consume less power without sacrificing performance.

Another important driver is the increasing demand for hygienic and sanitary pumps, especially from the food, beverage, and pharmaceutical sectors. These industries require pumps that meet stringent cleanliness standards, fueling the adoption of internal gear pumps designed for such environments. Meanwhile, the specialty chemicals market continues to expand, requiring specialized pumping solutions adaptable to various chemical properties, which further boosts demand.

View the full internal gear pump market report:
https://www.thebusinessresearchcompany.com/report/internal-gear-pump-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR

Leading Companies Influencing the Internal Gear Pump Market
Several prominent companies dominate the internal gear pump landscape, including Dover Corporation, Bosch Rexroth AG, Ingersoll Rand, Voith GmbH & Co. KGaA, HYDAC International GmbH, CIRCOR International Inc., SUMITOMO PRECISION PRODUCTS Co. Ltd., DESMI A/S, Viking Pump Inc., Hayward Gordon, Tuthill Corporation, IDEX India, Eckerle GmbH, Varisco, Bucher Hydraulics, Applied Pumps Limited, Daido Machinery Corporation, Haight Pump, Delta PD Pumps, Pulsafeeder, and Camel Precision Co. Ltd.

Significant industry activity was seen in December 2023, when Atlas Copco Group, a leading Swedish industrial equipment manufacturer, acquired KRACHT GmbH. This strategic move aims to broaden Atlas Copco's industrial pump portfolio and enhance its technical expertise in positive displacement pumps, particularly targeting fluid handling markets in chemical, petrochemical, and manufacturing sectors. KRACHT GmbH, based in Germany, is recognized for producing high-quality external gear pumps and fluid handling systems tailored for industrial dosing and processing.

Noteworthy Trends Driving Innovation in Internal Gear Pumps
Innovation is a major focus among market leaders, who are developing advanced pump designs like 4-quadrant internal gear pumps to gain a competitive edge. These pumps are engineered to operate smoothly across four distinct phases, ensuring consistent fluid flow with minimal pulsation, which improves efficiency in demanding industrial environments.

For instance, in October 2024, US-based Moog Inc. launched its EPU-G model, which integrates a newly designed 4-quadrant internal gear pump paired with a high-performance servomotor. This pump delivers flow rates between 20 and 85 liters per minute and can handle pressures up to 345 bar. Its variable speed and energy-saving features reduce operational complexity and maintenance requirements while boosting overall machine performance.

Detailed Market Segmentation and Forecasts for the Internal Gear Pump Industry
This market is systematically segmented by product type, operating pressure, and end-use industry to provide a clear view of demand patterns:

1) Product Type:
- Steel Pumps (including Stainless Steel Pumps and Carbon Steel Pumps)
- Cast Iron Pumps (divided into Ductile Cast Iron Pumps and Gray Cast Iron Pumps)
- Other Product Types (such as Aluminum Pumps, Bronze Pumps, and Composite Material Pumps)

2) Operating Pressure:
- Less Than 100 Bar
- 100 to 300 Bar
- Above 300 Bar

3) End-Use Industry:
- Chemical Industry
- Marine Industry
- Oil and Gas Sector
- Food and Beverage Companies
- Other End-Use Industries

This segmentation enables a comprehensive understanding of market dynamics and helps stakeholders identify growth opportunities across different product categories, pressure ranges, and industrial applications.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.