Plastic Processing Machinery Market by Product, End-user, and Geography - Forecast and Analysis 2022-2026

  • Published: Feb 2022
  • Pages: 120
  • SKU: IRTNTR43065

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Plastic Processing Machinery market growth will increase by $3562.34 million during 2021-2026.
The plastic processing machinery market is expected to grow at a CAGR of 3.58% during 2021-2026.
Technavio has segmented the plastic processing machinery market by end-user (Packaging, Construction, Automotive, and Others) ,product (IMM, Extrusion machine, BMM, and Others) , and geographic (APAC, Europe, North America, South America, and Middle East and Africa).
Alpha Marathon Film Extrusion Technologies Inc., Aoki Technical Laboratory Inc., ARBURG GmbH Co KG, BEKUM Maschinenfabriken GmbH, Cannon Spa, Chen Hsong Holdings Ltd., Cosmos Machinery Enterprises Ltd., ENGEL AUSTRIA GmbH, Graham Engineering Corp., Gurucharan Industries, Haitan International Holdings Ltd., Hillenbrand Inc., Husky Technology, Kautex Maschinenbau GmbH, KraussMaffei Technologies GmbH, Negri Bossi Spa, Ningbo Haida Plastic Machinery Co. Ltd., Shibaura Machine Co. Ltd., Sumitomo Heavy Industries Ltd., The Japan Steel Works Ltd. are a few of the key vendors in the plastic processing machinery market.
APAC will register the highest growth rate of 57.37% among the other regions. Therefore, the plastic processing machinery market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • India
  • Japan
  • Germany
  • UK
The key factors driving the plastic processing machinery market growth are:
  • Increasing adoption of automated machines
  • Integration of IoT with plastic processing machinery
The plastic processing machinery market vendors should focus on grabbing business opportunities from the Packaging segment as it accounted for the largest market share in the base year.
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