DUBLIN, Oct. 23, 2023 /PRNewswire/ — The “Plastics Processing Machinery – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Plastics Processing Machinery Market to Reach $31.9 Billion by 2030
The global market for Plastics Processing Machinery estimated at US$22.5 Billion in the year 2022, is projected to reach a revised size of US$31.9 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030.
Injection Molding Machines, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$13.8 Billion by the end of the analysis period. Growth in the Blow Molding Machines segment is estimated at 3.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 5.2% CAGR
The Plastics Processing Machinery market in the U.S. is estimated at US$4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$10.1 Billion by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.
What’s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
Rise of Plastics & Its Ubiquitous Use in the 21st Century Provides the Foundation for the Growth of Plastic Processing Machinery
Global Plastics Production (In Million Metric Tons) for Years 2015, 2017, 2019, 2021 and 2023
Processing Machinery Enters Exciting Times with Dynamic Factors
Global Economic Update
World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
From Pandemic to War & Inflation: “Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions”
Plastics Processing Machinery: Definition and Types
Plastic Processing Machinery to Report Stable Demand
Injection Molding Machines Continue to Report Improved Growth
Growth in Extrusion Machinery Led by Resurgence in Construction Activity, and Medical and Packaging Needs
Auxiliaries Riding High on Labor Shortage
Competition
Product Matrix of Select Players in the Global Plastic Processing Machinery Market
Plastics Processing Machinery – Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
Regional Market Analysis
Developing Economies Boost Growth
End-Use Market Perspective
Global Demand for Plastic Processing Machinery by End-use Sector (in %): 2023
Packaging Sector: An Overview
High Demand for Packaging: A Key Driver for Plastics Processing Machinery
Packaging Industry Confronts Testing Times Amidst the Pandemic
Important Trends Shaping Plastic Packaging Market
Building and Construction Markets
Global Construction Spending (In US$ Trillion) for the Years 2019 -2025
Automotive industry
Plastic Components in Passenger Cars by Plastic Type
Percentage Share of Plastics in Passenger Cars: 2000, 2010, and 2020
How the Automotive Industry was Impacted by the Pandemic
World Automobile Production in Million Units: 2008-2022
Consumer Electronics
Growing Market for Consumer Electronics Presents Opportunity for Plastics Market: Consumer Electronics Sales in US$ Billion for the Years 2018, 2020, 2022 and 2024
Global Manufacturing PMI: An important Bellwether
Global Manufacturing Purchasing Managers’ Index (PMI) for Select Countries Jan 2022- Jan 23
Recent Market Activity
MARKET TRENDS & DRIVERS
Increasing Number of Machinery Manufacturers Embrace Industry 4.0
Rise in Digitalization Augurs Well for Adoption of Industry 4.0
Industry 4.0 Gains Significance in Injection Molding
Next Wave of Change with Emerging Technologies
Manufacturers Leverage AI for Machine Operations
Sophisticated Plastic Machinery under Spotlight amid Evolving Manufacturing Landscape
Pandemic Accelerates Shift toward Automation in Plastic Processing Industry
Growing Trend towards Downstream Automation
Extruders Add Advanced Capabilities
Demand on Rise for Customized Formulations
Energy-saving Measures and Energy Efficiency Redefines Machine Engineering
Waste Minimization Drives New Production Strategies
Factors Setting Perfect Ground for High-Tech Future of Extrusion
Robust Outlook for EVs Opens New Avenues of Growth
World EVs Sales in Units for Years 2020, 2022, 2024, and 2026
Increasing Consumption of Packaged Foods Drive Market Gains
Global Processed Foods Market Revenues (in $ Billion) for the Years 2019, 2022 and 2025
Rise in Demand for Food Service Disposables and Healthy Gains in Third Party Online Food Delivery Services Drive Opportunities in the Food Sector
Global Online Food Delivery Services Market Size (in US$ Billion) for 2019, 2021, 2023 & 2025
Global Food Service Disposables Market by Raw Material: 2012, 2020 and 2027
Home Improvement Projects & Interest in DIY Stimulate Demand
Worker Crunch Catalyzes Uptake of Automated & Digital Plastic Processing Machinery
Industry Witnesses Rising Investments in Digital Solutions
Sustainability: A Loud & Clear Trend in Plastic Processing Machinery Industry
COVID-19 Brings About Significant Changes to Plastic Usage Trends
Notable Progress for Plastic Recycling & Equipment
Ambitious Efforts to Mitigate Sustainability-Linked Pain Points in the Plastic Components Arena
Medical Device Makers Turn towards Thermoforming & Pressure-Forming for Packaging
Supply Chain Challenges Change Course
Injection Molding Remains Dynamic with Innovations & Emerging Trends
Sustainable Materials & Operations Gain Attention
Prominent Trends in Injection Molding Space: Key Insights
Industry Witnesses Influx of New Products
Feature-Rich, Advanced Controls
Machines with New Sizes
Micro Injection Molding Machines Gain Demand
Global Market for Thermoplastic Micro Injection Molding by End-use Industry (in %): 2023
Healthcare: An Important Market for Micro Injection Molding
Electro-Hydraulic Technology Picks up Pace
Focus Intensifies on Precision and Lightweighing Solutions
Vertical Injection Machines Witness Increased Automation
Used Blow Molding Machinery Emerges as Flourishing Business amid COVID-19
Smartphone Sales Spur Demand for Precision Plastic Injection Molding Technologies
Global Shipments of Smartphones in Million Units (2012-2025)
Carbon Dioxide to Drive Innovations in Plastic Industry
FOCUS ON SELECT PLAYERS (Total 276 Featured)
ARBURG GmbH + Co KG
BC Extrusion Holding GmbH
BEKUM Maschinenfabriken GmbH
Brown Machine LLC
Bruckner Group GmbH
Davis-Standard, LLC
Engel Austria GmbH
FANUC Corporation
Fu Chun Shin Machinery Manufacture Co., Ltd.
Haitian International Holdings Limited
Husky Injection Molding Systems Ltd.
Kautex Maschinenbau GmbH
KraussMaffei Technologies GmbH
Milacron LLC
NEGRI BOSSI SpA
Ningbo Haida Plastic Machinery Co., Ltd.
Nissei ASB Machine Co., Ltd.
Nordson Corporation
Reifenhauser Group
SencorpWhite, Inc.
Shibaura Machine Co. Ltd.
Sumitomo (SHI) Demag Plastics Machinery GmbH
Sumitomo Heavy Industries Ltd.
The Japan Steel Works, Ltd.
Xaloy LLC
For more information about this report visit https://www.researchandmarkets.com/r/gpzc1d
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