Global Plastics Processing Machinery Strategic Market Report 2023: Market to Reach $31.9 Billion by 2030 - The Next Wave of Change with Emerging Technologies
Tuesday, October 31, 2023
DUBLIN, Oct. 23, 2023 /PRNewswire/ -- The "Plastics Processing Machinery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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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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