The global plastic extrusion machine market generated $6.5 billion in 2020, and is expected to reach $8.4 billion by 2028, growing at a CAGR of 5% from 2021 to 2028. Plastic extrusion machines are mechanical systems designed to produce continuous profile extruded plastics products in mass volume. Market players provide plastic extrusion machine of various sizes, types, and variants to meet the requirements of customers.
Factors such as the rapid growth in investment of plastic extrusion machines in the industrial sector, high speed and bulk production advantage of plastic extrusion machines, and high demand for extruded plastics products in the packaging, construction, and healthcare sectors drive the market growth. However, high initial cost of equipment is one of the major challenges faced by the plastic extrusion machine industry. Conversely, technological improvements create new opportunities for growth of the market.
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.
Rise in awareness about energy saving globally propels the plastic extrusion machine market growth. Hence, plastic extrusion machine manufacturers are increasingly focusing toward manufacturing efficient and reliable twin-screw plastic extrusion machine to boost the growth of the market.
For instance, The Japan Steel Works (JSW) offers TEX series of twin-screw extruders, which ensures both high degassing and high kneading performance for direct film/sheet processing. In addition, higher manufacturing rates and rapid production through plastic extrusion is estimated to cater to the growth of the global plastic extrusion machine market.
Moreover, hectic lifestyle of consumers has increased the adoption of frozen food, and thereby, the extruded plastic products, which has further led to the rise in demand for plastic extrusion machine.
An increase in consumer focuses on manufacturing energy-efficient innovative blown film extrusion to the market. For instance, Shubham Extrusion Pvt. Ltd. offers a variety of blown film plastic extrusion machine to the market, including 5-layer and 7-layer co-extrusion blown film plant, twin-die blown film plant, and others for varied applications such as lamination films, courier bag films, agriculture film, liner bags, and others.
A rise in need for plastic extrusion machine from the building and construction industry is expected to drive the growth of the market. In addition, increase in demand for extruder machine from the transportation industry, propel the growth of the plastic extrusion machine market.
Blown film extrusion segment to lead in terms of revenue through 2028
Among process types, the blown film extrusion segment was the largest in 2020, capturing nearly two-fifths of the market share and would maintain its dominance through 2028. This is because industries such as automotive, consumer goods, and others opt for blown film plastic extrusion machinery to produce blown plastic films for their packaging applications. However, the tubing extrusion segment would grow at the fastest CAGR of 4.6% through 2028, owing to increasing application of these machines in industries such as food & beverage industry, medical industry, construction industry, and others.
Twin screw extrusion machine segment to be lucrative through 2028
Among machine types, the twin screw extrusion machine segment accounted for 59% of the market share in 2020 and would retain its dominance through 2028. The same segment would also witness the fastest CAGR of 4.3% during the forecast period. This is due to the various benefits offered by twin screw extrusion machines over its single-screw counterpart, which includes high productivity, advanced mixing ability, and ability to handle several processing functions such as mixing, melting, and venting in one extruder.
Based on region, Asia-Pacific held the major share in 2020, garnering nearly half of the global market. Simultaneously, the market across LAMEA would grow at the fastest CAGR of 5.6% during the forecast period. The other provinces discussed in the report include Europe and North America.
Key players of the industry
Leading market players analyzed in the research 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. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.
Segmentation
By Machine Type
Single-Screw
Twin-Screw
By Process type
Blown Film Extrusion
Sheet/Film Extrusion
Tubing Extrusion
Others
By Solution
New Sales
Aftermarket
The report analyzes and forecasts the plastic extrusion machine market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global plastic extrusion machine market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the plastic extrusion machine market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of plastic extrusion machine market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
Report coverage
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.
Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
The study objectives of this report are:
Plastic Extrusion Machine Market Size, Share & Trends Analysis Report - By Region, And Segment Forecasts, 2021 - 2027
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Plastic Extrusion Machine Market, By Machine Type
7.1. Plastic Extrusion Machine Market, by Machine Type, 2021-2027
7.1.1. Single-Screw
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Twin-Screw
7.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Plastic Extrusion Machine Market, By Process type
8.1. Plastic Extrusion Machine Market, by Process type, 2021-2027
8.1.1. Blown Film Extrusion
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Sheet/Film Extrusion
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Tubing Extrusion
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Plastic Extrusion Machine Market, By Solution
9.1. Plastic Extrusion Machine Market, by Solution, 2021-2027
9.1.1. New Sales
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Aftermarket
9.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 10. Global Plastic Extrusion Machine Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.1.2. Market Revenue and Forecast, by Process type (2016-2027)
10.1.3. Market Revenue and Forecast, by Solution (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Process type (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Solution (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Process type (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Solution (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.2.2. Market Revenue and Forecast, by Process type (2016-2027)
10.2.3. Market Revenue and Forecast, by Solution (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Process type (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Solution (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Process type (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Solution (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Process type (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Solution (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Process type (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Solution (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.3.2. Market Revenue and Forecast, by Process type (2016-2027)
10.3.3. Market Revenue and Forecast, by Solution (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Process type (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Solution (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Process type (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Solution (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Process type (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Solution (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Process type (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Solution (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.4.2. Market Revenue and Forecast, by Process type (2016-2027)
10.4.3. Market Revenue and Forecast, by Solution (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Process type (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Solution (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Process type (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Solution (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Process type (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Solution (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Process type (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Solution (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.5.2. Market Revenue and Forecast, by Process type (2016-2027)
10.5.3. Market Revenue and Forecast, by Solution (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Process type (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Solution (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Machine Type (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Process type (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Solution (2016-2027)
Chapter 11. Company Profiles
11.1. Bausano & Figli SpA
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Costruzioni Meccaniche Luigi Bandera SpA
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Kabra ExtrusionTechnik Ltd.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. KraussMaffei Group
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Milacron Holdings Corp.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Reifenhäuser GmbH & Co. KG Maschinenfabrik
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. The Japan Steel Works
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Toshiba Machine Co., Ltd.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. UNION Officine Meccaniche SpA
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Windsor Machines Limited
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers