Global Plastics Processing Machinery Strategic Market Report 2023: Sophisticated Plastic Machinery under Spotlight amid Evolving Manufacturing Landscape and Adoption of Industry 4.0 - Forecast to 2030

Dublin, Oct. 20, 2023 (GLOBE NEWSWIRE) -- 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/z9xjh8

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