PUBLISHER: IMARC | PRODUCT CODE: 1722474
PUBLISHER: IMARC | PRODUCT CODE: 1722474
The global plastic extrusion machines market size reached USD 6.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 10.0 Billion by 2033, exhibiting a growth rate (CAGR) of 3.94% during 2025-2033.
Plastic extrusion machines, also known as plastic extruders, refer to mechanical systems employed in a high-volume manufacturing process to melt and transform raw plastic into a continuous profile. They comprise hopper, barrel, temperature controller, screw drive, and screw drive motor. They work by heating, melting, and transporting the plastic through a screw to press it in a mold or work with it freehand. They help speed up the workflow and volume while ensuring consistency through the manufactured products. In recent years, plastic extrusion machines have gained traction across various industries due to their high speed, bulk production advantage, greater flexibility, easy to operate process, and excellent production quality.
The escalating demand for extruded plastic products from numerous end use sectors, such as consumer goods, packaging, automotive, and construction, represents the primary factor driving the market growth. Additionally, there has been a significant shift toward automated plastic processing and manufacturing to enhance productivity and efficiency, thereby increasing the demand for plastic extrusion machines. Along with this, the growing awareness regarding the benefits of the plastic extrusion process for manufacturing fixed cross-sectional products with high accuracy is augmenting the product demand. Besides this, the rising integration of plastic extrusion machines with advanced technologies, such as artificial intelligence (AI), is catalyzing the market growth. Furthermore, several leading manufacturers are focusing on the development of innovative product variants with improved quality and energy efficiency. For instance, Japan Steel Works, Ltd. Other factors, including the rising investments in the industrial sector, technological advancements, extensive research and development (R&D) activities, and increasing sales of consumer goods, are also creating a positive market outlook.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Apex Engineers, Bausano & Figli S.p.A., China National Chemical Corporation, Costruzioni Meccaniche Luigi Bandera SpA, DEGUMA-SCHUTZ GmbH, Extrusion Technik USA Inc., Hillenbrand Inc., Kabra ExtrusionTechnik Ltd., Mitsuba Mfg. Co. Ltd., Reifenhauser GmbH & Co. KG Maschinenfabrik, Shibaura Machine Co. Ltd., The Japan Steel Works Ltd., Well Shyang Machinery Co. Ltd. and Windsor Machines Limited.