Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "Plastics Processing Machinery: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Plastics Processing Machinery estimated at US$21.5 Billion in the year 2022, is projected to reach a revised size of US$29.7 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.
Injection Molding Machines, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$14.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Blow Molding Machines segment is readjusted to a revised 3.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 4.8% CAGR
The Plastics Processing Machinery market in the U.S. is estimated at US$3.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.3 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.7 Billion by the year 2030.
Select Competitors (Total 254 Featured) -
- Arburg GmbH & Co.
- 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.
- GN Thermoforming
- 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.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 770 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $21.5 Billion |
| Forecasted Market Value (USD) by 2030 | $29.7 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- As the Race between the Virus & Vaccines Intensifies, Review of the World Economy in 2021 and Beyond
- With IMF Making an Upward Revision of Global GDP for 2022, Companies Remain Bullish About an Economic Comeback
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Plastic Processing Machinery to Gain from Upbeat Mood of Plastic Processors
- Injection Molding Machines Experiences Resurgence in Demand
- Blow Molding Machines Exhibit Gains
- Growth in Extrusion Machinery Led by Resurgence in Construction Activity, and Medical and Packaging Needs
- Auxiliaries Riding High on Labor Shortage
- With Low Immunity to Supply Chain Snags, Machinery Makers Grapple with Roadblocks
- Year 2020 in Review
- Plastics Machinery: A Prelude
- Definition: Plastics Processing Machines
- Types of Plastics Processing Machinery
- Regional Market Analysis
- Pick Up in Reshoring of Manufacturing Activities Accelerated by the Covid-19 Pandemic Creates Lucrative Opportunities
- Developing Economies Boost Growth
- China Exhibits Increasing Inclination Towards High End Machinery
- End-Use Market Perspective
- Global Demand for Plastic Processing Machinery by End-use Sector (in %): 2021
- Packaging Sector: An Overview
- High Demand for Packaging: A Key Driver for Plastics Processing Machinery
- Packaging Industry Confronts Testing Times Amidst the COVID-19 Pandemic
- Global Packaging Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Important Trends in Plastic Packaging Market
- Building and Construction Markets
- Recovery in Construction Sector to Power Demand
- Global Construction Spending (In US$ Trillion) for the Years 2019 -2022
- 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 & What's the New Normal?
- 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 Plastics Production: A Review
- Global Plastics Production Output in Million Tons for the Years 2009 through 2021
- Per Capita Consumption of Plastics by Country/Region: 2019
- Global Plastics Production by Region/Country (in %): 2020
- Global Manufacturing PMI: An important Bellwether
- Global Manufacturing Purchasing Managers' Index (PMI) for the Months Jan 2020- Aug 2021
- Plastics Processing Machinery - Global Key Competitors Percentage Market Share in 2022 (E)
- Product Matrix of Select Players in the Global Plastic Processing Machinery Market
- Recent Market Activity
- World Brands
- Select Leading Players in the Worldwide Plastics Processing Machinery Market by Segment
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Robust Outlook for EVs Opens New Avenues of Growth
- Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
- Rising Consumer Focus on Convenience & Consequent Rise in Sales 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
- Pandemic Causes Significant Disruption to Plastic Recycling
- COVID-19 Brings About Significant Changes to Plastic Usage Trends
- Notable Progress for Plastic Recycling & Equipment
- Medical Device Makers Turn towards Thermoforming & Pressure-Forming for Packaging
- Rise in Demand for Syringes Drives Blow Molding Machinery Sales
- Supply Chain Challenges Change Course
- Injection Molding Remains Dynamic with Innovations & Emerging Trends
- Sustainable Materials & Operations gain Attention
- 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 %): 2021E
- Healthcare: An Important Market for Micro Injection Molding
- Electro-Hydraulic Technology Picks up Pace
- Focus Intensifies on Precision and Lightweighing Solutions
- Vertical Injection Machines to Witness Increased Automation
- Increasing Number of Machinery Manufacturers Embrace Industry 4.0
- Rise in Digitalization Augurs Well for Adoption of Industry 4.0
- Advent of Industry 4.0 Brings New Opportunities to Plastic Injection Molding
- Manufacturers Leverage AI for Machine Operations
- COVID-19 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 Efficiency Redefines Machine Engineering
- Waste Minimization Redefines New Production Strategies
- 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)
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/n46cn4
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