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Global Plastic Extrusion Machines Market Size, Share & Trends Analysis Report By Machine Type (Twin-screw, and Single-screw), By Solution (new sales, and Aftermarket), By Process Type, By Application, By Regional Outlook and Forecast, 2024 - 2031

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    Report

  • 249 Pages
  • June 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5982355
The Global Plastic Extrusion Machines Market size is expected to reach $9.5 billion by 2031, rising at a market growth of 4.6% CAGR during the forecast period.

The booming manufacturing sector in countries like China and India drives the demand for plastic products used in packaging, construction, and various other industries. Thus, the Asia Pacific region acquired 40% revenue share in the market 2023. This, in turn, fuels the need for extrusion machines. The region's focus on cost-effectiveness often makes plastic an attractive material choice compared to alternatives. This affordability factor translates to a high demand for plastic extrusion machinery.



The affordability of plastic as a material is a key factor driving the competitive pricing of plastic products. Raw plastic resins are generally less expensive than metals or wood. This translates directly into lower production costs for the final plastic good. Additionally, the extrusion process itself is quite efficient.

Additionally, the lightweight nature of plastic reduces transportation costs and simplifies handling and installation, making it an economically viable choice for large-scale construction projects. Therefore, the growth of the construction industry will aid in the market's growth.

However, the plastic extrusion industry is especially susceptible to volatile raw material prices, notably polymers and resins. Industry relies heavily on these materials, which form the basis of plastic products and can constitute a significant portion of production costs. Thus, the price volatility may deter the expansion of the market.

Driving and Restraining Factors

Drivers
  • Competitive pricing and cost advantages
  • Innovations in plastic extrusion technology
  • Growth in the construction industry
Restraints
  • High initial cost of purchasing and setting up machines
  • Volatility in raw material prices
Opportunities
  • Rising urbanization and infrastructure development
  • Rapid expansion of the automotive industry
Challenges
  • Competition from alternative technologies
  • Technological challenges regarding continuous updates and investments

Machine Type Outlook

On the basis of machine type, the market is classified into single-screw and twin-screw. The single-screw segment recorded 46.1% revenue share in the market in 2023. Single-screw extruders are widely used in the industry due to their simplicity, lower cost, and ability to process a wide range of materials.

Solution Outlook

Based on solution, the market is segmented into new sales and aftermarket. The new sales segment procured 73.8% revenue share in the market in 2023. This is partially due to the ongoing demand for new plastic extrusion machines to satisfy the expanding requirements of various industries.



Process Type Outlook

By process type, the market is divided into blown film extrusion, sheet/film extrusion, tubing extrusion, and others. The tubing extrusion segment garnered 26.9% revenue share in the market in 2023. Tubing extrusion is used to manufacture plastic tubes and pipes for plumbing, medical devices, and automotive components.

Application Outlook

building & construction, and others. The building & construction segment garnered 33% revenue share in the market in 2023. Extrusion processes are employed to manufacture pipes, profiles, and insulation materials among the plastic products in high demand in the construction industry.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment witnessed 26.2% revenue share in the market in 2023. North American manufacturers are at the forefront of developing innovative extrusion technologies, leading to a demand for advanced machinery.

List of Key Companies Profiled

  • Sinochem Holdings Corporation Ltd. (SASAC)
  • Bausano & Figli S.p.A.
  • Costruzioni Meccaniche Luigi Bandera SpA
  • Kabra ExtrusionTechnik Ltd.
  • Hillenbrand, Inc.
  • Reifenhauser Group
  • Japan Steel Works, Ltd.
  • Shibaura Machine Co. Ltd.
  • UNION Officine Meccaniche s.p.a.
  • Windsor Machines Pvt. Ltd.

Market Report Segmentation

By Machine Type
  • Twin-screw
  • Single-screw
By Solution
  • New sales
  • Aftermarket
By Process Type
  • Blown Film Extrusion
  • Tubing Extrusion
  • Sheet/Film Extrusion
  • Others
By Application
  • Building & construction
  • Transportation
  • Consumer Goods
  • Medical
  • Others
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Plastic Extrusion Machines Market, by Machine Type
1.4.2 Global Plastic Extrusion Machines Market, by Solution
1.4.3 Global Plastic Extrusion Machines Market, by Process Type
1.4.4 Global Plastic Extrusion Machines Market, by Application
1.4.5 Global Plastic Extrusion Machines Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Plastic Extrusion Machines Market by Machine Type
4.1 Global Twin-screw Market by Region
4.2 Global Single-screw Market by Region
Chapter 5. Global Plastic Extrusion Machines Market by Solution
5.1 Global New sales Market by Region
5.2 Global Aftermarket Market by Region
Chapter 6. Global Plastic Extrusion Machines Market by Process Type
6.1 Global Blown Film Extrusion Market by Region
6.2 Global Tubing Extrusion Market by Region
6.3 Global Sheet/Film Extrusion Market by Region
6.4 Global Others Market by Region
Chapter 7. Global Plastic Extrusion Machines Market by Application
7.1 Global Building & construction Market by Region
7.2 Global Transportation Market by Region
7.3 Global Consumer Goods Market by Region
7.4 Global Medical Market by Region
7.5 Global Others Market by Region
Chapter 8. Global Plastic Extrusion Machines Market by Region
8.1 North America Plastic Extrusion Machines Market
8.1.1 North America Plastic Extrusion Machines Market by Machine Type
8.1.1.1 North America Twin-screw Market by Region
8.1.1.2 North America Single-screw Market by Region
8.1.2 North America Plastic Extrusion Machines Market by Solution
8.1.2.1 North America New sales Market by Country
8.1.2.2 North America Aftermarket Market by Country
8.1.3 North America Plastic Extrusion Machines Market by Process Type
8.1.3.1 North America Blown Film Extrusion Market by Country
8.1.3.2 North America Tubing Extrusion Market by Country
8.1.3.3 North America Sheet/Film Extrusion Market by Country
8.1.3.4 North America Others Market by Country
8.1.4 North America Plastic Extrusion Machines Market by Application
8.1.4.1 North America Building & construction Market by Country
8.1.4.2 North America Transportation Market by Country
8.1.4.3 North America Consumer Goods Market by Country
8.1.4.4 North America Medical Market by Country
8.1.4.5 North America Others Market by Country
8.1.5 North America Plastic Extrusion Machines Market by Country
8.1.5.1 US Plastic Extrusion Machines Market
8.1.5.1.1 US Plastic Extrusion Machines Market by Machine Type
8.1.5.1.2 US Plastic Extrusion Machines Market by Solution
8.1.5.1.3 US Plastic Extrusion Machines Market by Process Type
8.1.5.1.4 US Plastic Extrusion Machines Market by Application
8.1.5.2 Canada Plastic Extrusion Machines Market
8.1.5.2.1 Canada Plastic Extrusion Machines Market by Machine Type
8.1.5.2.2 Canada Plastic Extrusion Machines Market by Solution
8.1.5.2.3 Canada Plastic Extrusion Machines Market by Process Type
8.1.5.2.4 Canada Plastic Extrusion Machines Market by Application
8.1.5.3 Mexico Plastic Extrusion Machines Market
8.1.5.3.1 Mexico Plastic Extrusion Machines Market by Machine Type
8.1.5.3.2 Mexico Plastic Extrusion Machines Market by Solution
8.1.5.3.3 Mexico Plastic Extrusion Machines Market by Process Type
8.1.5.3.4 Mexico Plastic Extrusion Machines Market by Application
8.1.5.4 Rest of North America Plastic Extrusion Machines Market
8.1.5.4.1 Rest of North America Plastic Extrusion Machines Market by Machine Type
8.1.5.4.2 Rest of North America Plastic Extrusion Machines Market by Solution
8.1.5.4.3 Rest of North America Plastic Extrusion Machines Market by Process Type
8.1.5.4.4 Rest of North America Plastic Extrusion Machines Market by Application
8.2 Europe Plastic Extrusion Machines Market
8.2.1 Europe Plastic Extrusion Machines Market by Machine Type
8.2.1.1 Europe Twin-screw Market by Country
8.2.1.2 Europe Single-screw Market by Country
8.2.2 Europe Plastic Extrusion Machines Market by Solution
8.2.2.1 Europe New sales Market by Country
8.2.2.2 Europe Aftermarket Market by Country
8.2.3 Europe Plastic Extrusion Machines Market by Process Type
8.2.3.1 Europe Blown Film Extrusion Market by Country
8.2.3.2 Europe Tubing Extrusion Market by Country
8.2.3.3 Europe Sheet/Film Extrusion Market by Country
8.2.3.4 Europe Others Market by Country
8.2.4 Europe Plastic Extrusion Machines Market by Application
8.2.4.1 Europe Building & construction Market by Country
8.2.4.2 Europe Transportation Market by Country
8.2.4.3 Europe Consumer Goods Market by Country
8.2.4.4 Europe Medical Market by Country
8.2.4.5 Europe Others Market by Country
8.2.5 Europe Plastic Extrusion Machines Market by Country
8.2.5.1 Germany Plastic Extrusion Machines Market
8.2.5.1.1 Germany Plastic Extrusion Machines Market by Machine Type
8.2.5.1.2 Germany Plastic Extrusion Machines Market by Solution
8.2.5.1.3 Germany Plastic Extrusion Machines Market by Process Type
8.2.5.1.4 Germany Plastic Extrusion Machines Market by Application
8.2.5.2 UK Plastic Extrusion Machines Market
8.2.5.2.1 UK Plastic Extrusion Machines Market by Machine Type
8.2.5.2.2 UK Plastic Extrusion Machines Market by Solution
8.2.5.2.3 UK Plastic Extrusion Machines Market by Process Type
8.2.5.2.4 UK Plastic Extrusion Machines Market by Application
8.2.5.3 France Plastic Extrusion Machines Market
8.2.5.3.1 France Plastic Extrusion Machines Market by Machine Type
8.2.5.3.2 France Plastic Extrusion Machines Market by Solution
8.2.5.3.3 France Plastic Extrusion Machines Market by Process Type
8.2.5.3.4 France Plastic Extrusion Machines Market by Application
8.2.5.4 Russia Plastic Extrusion Machines Market
8.2.5.4.1 Russia Plastic Extrusion Machines Market by Machine Type
8.2.5.4.2 Russia Plastic Extrusion Machines Market by Solution
8.2.5.4.3 Russia Plastic Extrusion Machines Market by Process Type
8.2.5.4.4 Russia Plastic Extrusion Machines Market by Application
8.2.5.5 Spain Plastic Extrusion Machines Market
8.2.5.5.1 Spain Plastic Extrusion Machines Market by Machine Type
8.2.5.5.2 Spain Plastic Extrusion Machines Market by Solution
8.2.5.5.3 Spain Plastic Extrusion Machines Market by Process Type
8.2.5.5.4 Spain Plastic Extrusion Machines Market by Application
8.2.5.6 Italy Plastic Extrusion Machines Market
8.2.5.6.1 Italy Plastic Extrusion Machines Market by Machine Type
8.2.5.6.2 Italy Plastic Extrusion Machines Market by Solution
8.2.5.6.3 Italy Plastic Extrusion Machines Market by Process Type
8.2.5.6.4 Italy Plastic Extrusion Machines Market by Application
8.2.5.7 Rest of Europe Plastic Extrusion Machines Market
8.2.5.7.1 Rest of Europe Plastic Extrusion Machines Market by Machine Type
8.2.5.7.2 Rest of Europe Plastic Extrusion Machines Market by Solution
8.2.5.7.3 Rest of Europe Plastic Extrusion Machines Market by Process Type
8.2.5.7.4 Rest of Europe Plastic Extrusion Machines Market by Application
8.3 Asia Pacific Plastic Extrusion Machines Market
8.3.1 Asia Pacific Plastic Extrusion Machines Market by Machine Type
8.3.1.1 Asia Pacific Twin-screw Market by Country
8.3.1.2 Asia Pacific Single-screw Market by Country
8.3.2 Asia Pacific Plastic Extrusion Machines Market by Solution
8.3.2.1 Asia Pacific New sales Market by Country
8.3.2.2 Asia Pacific Aftermarket Market by Country
8.3.3 Asia Pacific Plastic Extrusion Machines Market by Process Type
8.3.3.1 Asia Pacific Blown Film Extrusion Market by Country
8.3.3.2 Asia Pacific Tubing Extrusion Market by Country
8.3.3.3 Asia Pacific Sheet/Film Extrusion Market by Country
8.3.3.4 Asia Pacific Others Market by Country
8.3.4 Asia Pacific Plastic Extrusion Machines Market by Application
8.3.4.1 Asia Pacific Building & construction Market by Country
8.3.4.2 Asia Pacific Transportation Market by Country
8.3.4.3 Asia Pacific Consumer Goods Market by Country
8.3.4.4 Asia Pacific Medical Market by Country
8.3.4.5 Asia Pacific Others Market by Country
8.3.5 Asia Pacific Plastic Extrusion Machines Market by Country
8.3.5.1 China Plastic Extrusion Machines Market
8.3.5.1.1 China Plastic Extrusion Machines Market by Machine Type
8.3.5.1.2 China Plastic Extrusion Machines Market by Solution
8.3.5.1.3 China Plastic Extrusion Machines Market by Process Type
8.3.5.1.4 China Plastic Extrusion Machines Market by Application
8.3.5.2 Japan Plastic Extrusion Machines Market
8.3.5.2.1 Japan Plastic Extrusion Machines Market by Machine Type
8.3.5.2.2 Japan Plastic Extrusion Machines Market by Solution
8.3.5.2.3 Japan Plastic Extrusion Machines Market by Process Type
8.3.5.2.4 Japan Plastic Extrusion Machines Market by Application
8.3.5.3 India Plastic Extrusion Machines Market
8.3.5.3.1 India Plastic Extrusion Machines Market by Machine Type
8.3.5.3.2 India Plastic Extrusion Machines Market by Solution
8.3.5.3.3 India Plastic Extrusion Machines Market by Process Type
8.3.5.3.4 India Plastic Extrusion Machines Market by Application
8.3.5.4 South Korea Plastic Extrusion Machines Market
8.3.5.4.1 South Korea Plastic Extrusion Machines Market by Machine Type
8.3.5.4.2 South Korea Plastic Extrusion Machines Market by Solution
8.3.5.4.3 South Korea Plastic Extrusion Machines Market by Process Type
8.3.5.4.4 South Korea Plastic Extrusion Machines Market by Application
8.3.5.5 Singapore Plastic Extrusion Machines Market
8.3.5.5.1 Singapore Plastic Extrusion Machines Market by Machine Type
8.3.5.5.2 Singapore Plastic Extrusion Machines Market by Solution
8.3.5.5.3 Singapore Plastic Extrusion Machines Market by Process Type
8.3.5.5.4 Singapore Plastic Extrusion Machines Market by Application
8.3.5.6 Malaysia Plastic Extrusion Machines Market
8.3.5.6.1 Malaysia Plastic Extrusion Machines Market by Machine Type
8.3.5.6.2 Malaysia Plastic Extrusion Machines Market by Solution
8.3.5.6.3 Malaysia Plastic Extrusion Machines Market by Process Type
8.3.5.6.4 Malaysia Plastic Extrusion Machines Market by Application
8.3.5.7 Rest of Asia Pacific Plastic Extrusion Machines Market
8.3.5.7.1 Rest of Asia Pacific Plastic Extrusion Machines Market by Machine Type
8.3.5.7.2 Rest of Asia Pacific Plastic Extrusion Machines Market by Solution
8.3.5.7.3 Rest of Asia Pacific Plastic Extrusion Machines Market by Process Type
8.3.5.7.4 Rest of Asia Pacific Plastic Extrusion Machines Market by Application
8.4 LAMEA Plastic Extrusion Machines Market
8.4.1 LAMEA Plastic Extrusion Machines Market by Machine Type
8.4.1.1 LAMEA Twin-screw Market by Country
8.4.1.2 LAMEA Single-screw Market by Country
8.4.2 LAMEA Plastic Extrusion Machines Market by Solution
8.4.2.1 LAMEA New sales Market by Country
8.4.2.2 LAMEA Aftermarket Market by Country
8.4.3 LAMEA Plastic Extrusion Machines Market by Process Type
8.4.3.1 LAMEA Blown Film Extrusion Market by Country
8.4.3.2 LAMEA Tubing Extrusion Market by Country
8.4.3.3 LAMEA Sheet/Film Extrusion Market by Country
8.4.3.4 LAMEA Others Market by Country
8.4.4 LAMEA Plastic Extrusion Machines Market by Application
8.4.4.1 LAMEA Building & construction Market by Country
8.4.4.2 LAMEA Transportation Market by Country
8.4.4.3 LAMEA Consumer Goods Market by Country
8.4.4.4 LAMEA Medical Market by Country
8.4.4.5 LAMEA Others Market by Country
8.4.5 LAMEA Plastic Extrusion Machines Market by Country
8.4.5.1 Brazil Plastic Extrusion Machines Market
8.4.5.1.1 Brazil Plastic Extrusion Machines Market by Machine Type
8.4.5.1.2 Brazil Plastic Extrusion Machines Market by Solution
8.4.5.1.3 Brazil Plastic Extrusion Machines Market by Process Type
8.4.5.1.4 Brazil Plastic Extrusion Machines Market by Application
8.4.5.2 Argentina Plastic Extrusion Machines Market
8.4.5.2.1 Argentina Plastic Extrusion Machines Market by Machine Type
8.4.5.2.2 Argentina Plastic Extrusion Machines Market by Solution
8.4.5.2.3 Argentina Plastic Extrusion Machines Market by Process Type
8.4.5.2.4 Argentina Plastic Extrusion Machines Market by Application
8.4.5.3 UAE Plastic Extrusion Machines Market
8.4.5.3.1 UAE Plastic Extrusion Machines Market by Machine Type
8.4.5.3.2 UAE Plastic Extrusion Machines Market by Solution
8.4.5.3.3 UAE Plastic Extrusion Machines Market by Process Type
8.4.5.3.4 UAE Plastic Extrusion Machines Market by Application
8.4.5.4 Saudi Arabia Plastic Extrusion Machines Market
8.4.5.4.1 Saudi Arabia Plastic Extrusion Machines Market by Machine Type
8.4.5.4.2 Saudi Arabia Plastic Extrusion Machines Market by Solution
8.4.5.4.3 Saudi Arabia Plastic Extrusion Machines Market by Process Type
8.4.5.4.4 Saudi Arabia Plastic Extrusion Machines Market by Application
8.4.5.5 South Africa Plastic Extrusion Machines Market
8.4.5.5.1 South Africa Plastic Extrusion Machines Market by Machine Type
8.4.5.5.2 South Africa Plastic Extrusion Machines Market by Solution
8.4.5.5.3 South Africa Plastic Extrusion Machines Market by Process Type
8.4.5.5.4 South Africa Plastic Extrusion Machines Market by Application
8.4.5.6 Nigeria Plastic Extrusion Machines Market
8.4.5.6.1 Nigeria Plastic Extrusion Machines Market by Machine Type
8.4.5.6.2 Nigeria Plastic Extrusion Machines Market by Solution
8.4.5.6.3 Nigeria Plastic Extrusion Machines Market by Process Type
8.4.5.6.4 Nigeria Plastic Extrusion Machines Market by Application
8.4.5.7 Rest of LAMEA Plastic Extrusion Machines Market
8.4.5.7.1 Rest of LAMEA Plastic Extrusion Machines Market by Machine Type
8.4.5.7.2 Rest of LAMEA Plastic Extrusion Machines Market by Solution
8.4.5.7.3 Rest of LAMEA Plastic Extrusion Machines Market by Process Type
8.4.5.7.4 Rest of LAMEA Plastic Extrusion Machines Market by Application
Chapter 9. Company Profiles
9.1 Sinochem Holdings Corporation Ltd. (SASAC)
9.1.1 Company Overview
9.1.2 SWOT Analysis
9.2 Bausano & Figli S.p.A.
9.2.1 Company Overview
9.3 Costruzioni Meccaniche Luigi Bandera SpA
9.3.1 Company Overview
9.4 Kabra ExtrusionTechnik Ltd.
9.4.1 Company Overview
9.5 Hillenbrand, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 SWOT Analysis
9.6 Reifenhauser Group
9.6.1 Company Overview
9.7 Japan Steel Works, Ltd.
9.7.1 Company Overview
9.8 Shibaura Machine Co. Ltd.
9.8.1 Company Overview
9.9 UNION Officine Meccaniche s.p.a.
9.9.1 Company Overview
9.10. Windsor Machines Pvt. Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 SWOT Analysis
Chapter 10. Winning Imperatives of Plastic Extrusion Machines Market

Companies Mentioned

  • Sinochem Holdings Corporation Ltd. (SASAC)
  • Bausano & Figli S.p.A.
  • Costruzioni Meccaniche Luigi Bandera SpA
  • Kabra ExtrusionTechnik Ltd.
  • Hillenbrand, Inc.
  • Reifenhauser Group
  • Japan Steel Works, Ltd.
  • Shibaura Machine Co. Ltd.
  • UNION Officine Meccaniche s.p.a.
  • Windsor Machines Pvt. Ltd.

Methodology

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