The global plastic extrusion machine market is expected

Portland, OR, April 26, 2021 (GLOBE NEWSWIRE) – According to the report released by Allied Market Research, the global Plastic extrusion machine market was valued at $ 6.30 billion in 2019 and is projected to reach $ 7.93 billion by 2027, recording a CAGR of 4.5% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, and drivers and opportunities.

The high speed and mass production advantage, the increasing demand for extruded plastic products, and the tremendous flexibility and post-extrusion modification benefits are driving the growth of the global plastic extrusion machine market. On the other hand, high initial machine costs, as well as product restrictions and size deviations, impede growth to some extent. Nonetheless, recent technological advances are expected to create lucrative opportunities in the region.

Download sample PDF (353 pages with more insight):

Covid-19 scenario

  • The Covid-19 outbreak resulted in prolonged lockdowns, disruption to international trade and distorted processes in manufacturing.
  • The second wave of the pandemic is now wreaking havoc in most countries around the world, and government agencies have started again to enforce strict regulations across multiple business activities. This in turn dwindled the demand for plastic extrusion machines from industry.

The global plastic extrusion machine market is analyzed by machine type, process type, solution, application and region. Based on machine type, the twin screw segment accounted for more than half of the total market share in 2019 and is expected to dominate by 2027. The same segment would also see the fastest CAGR of 4.8% over the entire forecast period.

Get a detailed COVID-19 impact analysis on the Global market for plastic extrusion machines Request here

Depending on the type of process, the blown film extrusion segment contributed almost two fifths of total market sales in 2019 and is expected to be the leader by 2027. The hose extrusion segment, on the other hand, would have the fastest CAGR of 5.4% from 2020 to 2027.

In terms of region, the Asia-Pacific region held the largest share in 2019 and captured almost half of the global market. At the same time, the market in LAMEA would grow with the fastest CAGR of 5.4% in the forecast period. The other provinces discussed in the report include Europe and North America.

Schedule a FREE consultation with our analysts / industry experts to find a solution for your company @

Key market players analyzed in global Plastic Extrusion Machines market report include Costruzioni Meccaniche Luigi Bandera SpA, Kabra ExtrusionTechnik Ltd., KraussMaffei Group, Milacron Holdings Corp., UNION Officine Meccaniche SpA, Bausano & Figli SpA, Windsor Machines Limited Reifenhäuser GmbH & Co KG Maschinenfabrik, The Japan Steel Works and Toshiba Machine Co., Ltd. These market participants have developed various strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their standing in the industry.

Avenue Library Subscription | Request a 14-day free trial before purchasing:

Get more information:

Similar reports:

Tamping Machines Market – Opportunity Analysis & Industry Forecast, 2021-2028

Plastic Processing Machinery Market – Global Opportunity Analysis and Industry Forecast, 2021-2028

Plastic Fuel Market – Global Opportunity Analysis & Industry Forecast, 2020-2027

Flexible Plastic Packaging Market – Global Opportunity Analysis & Industry Forecast, 2020-2027

Pharmaceutical Plastic Bottles Market, Global Opportunity Analysis & Industry Forecast, 2020-2027

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and management consulting arm of Allied Analytics LLP based in Portland, Oregon. AMR provides unmatched quality of market research reports and business intelligence solutions to global corporations as well as medium and small businesses. AMR provides focused business insights and advice to help clients make strategic business decisions and achieve sustainable growth in their respective market areas.

AMR is introducing its online premium subscription-based library, Avenue, which is specifically designed to provide a cost-effective, one-stop solution for businesses, investors and universities. With Avenue, subscribers can use a complete repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. In addition, users can access quantitative and qualitative data online in PDF and Excel formats, as well as analyst assistance, customization and updated versions of reports.

Contact us:

David Correa
5933 NE Win Sivers Drive
# 205, Portland, OR 97220
United States
Toll Free (US / Canada): + 1-800-792-5285, + 1-503-446-1141
International: + 1-503-894-6022
United Kingdom: + 44-845-528-1300
Hong Kong: + 852-301-84916
India (Pune): + 91-20-66346060
Fax: + 1-855-550-5975
[email protected]
follow us on | Facebook | Twitter | LinkedIn

Comments are closed.