Market Overview:
The global plastic compounding and extrusion machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plastic compounds and extruded products from various end-use industries, such as consumer goods, electrical & electronics, construction, automotive, aerospace and others. In addition, the growing awareness about the benefits of using plastics over traditional materials is also contributing to the growth of this market. Based on type, the global plastic compounding and extrusion machines market can be segmented into single-screw extruders and twin-screw extruders. The twin-screw extruder segment is expected to grow at a higher CAGR than the single-screw extruder segment during the forecast period from 2018 to 2030.
Product Definition:
Plastic compounding and extrusion machines are used to create plastic products. The machines mix together different types of plastics and then push the mixture through a die to create products like pipes or bottles. The importance of these machines is that they allow for the creation of a variety of plastic products, which can be used in a variety of industries.
Single-Screw Extruders:
Single-screw extruders are used to produce high quality plastic compounds and components with the help of melting and molding processes. These extruders have a single screw that is engaged in both, turning movement as well as feeding mechanism. The product being produced can be either hollow or solid based on the nature of material fed into it.
Twin-Screw Extruders:
A twin-screw extruder is a machine tool that can be used to extrude two different types of materials at the same time. It consists of two independent sets of screws, which are mounted on a common shaft and can be operated independently from each other. The material is forced through one set of screws while it is being fed by the feeder and then it gets discharged through the other set of screws.
Application Insights:
The consumer goods segment accounted for more than 30.0% of the global revenue share in 2017 and is expected to witness significant growth over the forecast period. The rising demand for packaged food products, personal care products, household care products, pharmaceuticals and medical devices is projected to drive the demand for plastic compounding machinery over the next six years.
Global plastic compounding.
In addition to this, increasing disposable income levels coupled with a growing population in Asia Pacific has resulted in an increased demand for automobiles which will further fuel product consumption across automotive applications during 2018-2030 period. In terms of revenue as well as volume terms automotive application witnessed considerable growth owing to its high product penetration along with other applications such as construction and electronics which are estimated to register high growth rates during future phases of industry expansion.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest consumer goods, automotive, construction, and electronics manufacturing countries such as China, India, Japan and South Korea. These countries are also among the top 10 exporters of plastics worldwide. Thus Asia Pacific has been a key regional market for plastic compounding machines due to presence of numerous end-use industries coupled with growing demand from other emerging economies such as Indonesia & Malaysia in Southeast Asia.
The Middle East & Africa (MEA) region is anticipated to grow at a lucrative rate over the forecast period owing to rapid development witnessed by various governments across major economies including Saudi Arabia and UAE since 2014 when these markets were first surveyed by Global Plastic Compounding Machines Market Researchers Consortium (GPCMC).
Growth Factors:
- Increasing demand for plastic products from various end-use industries
- Growing awareness about the benefits of using plastics over traditional materials
- Technological advancements in plastic compounding and extrusion machines industry
- Rising investments by leading players in research and development activities
- Growing number of small and medium-scale enterprises operating in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Compounding and Extrusion Machines Market Research Report
By Type
Single-Screw Extruders, Twin-Screw Extruders
By Application
Consumer Goods, Electrical & Electronics, Construction, Automotive, Aerospace, Others
By Companies
Coperion, Argusjm, Comtec, Everplast Machinery, Useon (Nanjing) Extrusion Machinery, Kairong, Genius Machinery, Ikegai Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Compounding and Extrusion Machines Market Report Segments:
The global Plastic Compounding and Extrusion Machines market is segmented on the basis of:
Types
Single-Screw Extruders, Twin-Screw Extruders
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Goods, Electrical & Electronics, Construction, Automotive, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Coperion
- Argusjm
- Comtec
- Everplast Machinery
- Useon (Nanjing) Extrusion Machinery
- Kairong
- Genius Machinery
- Ikegai Corporation
Highlights of The Plastic Compounding and Extrusion Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-Screw Extruders
- Twin-Screw Extruders
- By Application:
- Consumer Goods
- Electrical & Electronics
- Construction
- Automotive
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plastic Compounding and Extrusion Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plastic compounding and extrusion machines are used to create plastic products from a variety of raw materials. These machines can be used to create products such as pipes, sheets, pellets, rods, and more.
Some of the key players operating in the plastic compounding and extrusion machines market are Coperion, Argusjm, Comtec, Everplast Machinery, Useon (Nanjing) Extrusion Machinery, Kairong, Genius Machinery, Ikegai Corporation.
The plastic compounding and extrusion machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plastic Compounding and Extrusion Machines Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Plastic Compounding and Extrusion Machines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Plastic Compounding and Extrusion Machines Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Plastic Compounding and Extrusion Machines Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Plastic Compounding and Extrusion Machines Market Size & Forecast, 2018-2028 4.5.1 Plastic Compounding and Extrusion Machines Market Size and Y-o-Y Growth 4.5.2 Plastic Compounding and Extrusion Machines Market Absolute $ Opportunity
Chapter 5 Global Plastic Compounding and Extrusion Machines Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Plastic Compounding and Extrusion Machines Market Size Forecast by Type
5.2.1 Single-Screw Extruders
5.2.2 Twin-Screw Extruders
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic Compounding and Extrusion Machines Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Plastic Compounding and Extrusion Machines Market Size Forecast by Applications
6.2.1 Consumer Goods
6.2.2 Electrical & Electronics
6.2.3 Construction
6.2.4 Automotive
6.2.5 Aerospace
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic Compounding and Extrusion Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plastic Compounding and Extrusion Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Plastic Compounding and Extrusion Machines Analysis and Forecast
9.1 Introduction
9.2 North America Plastic Compounding and Extrusion Machines Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Plastic Compounding and Extrusion Machines Market Size Forecast by Type
9.6.1 Single-Screw Extruders
9.6.2 Twin-Screw Extruders
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Plastic Compounding and Extrusion Machines Market Size Forecast by Applications
9.10.1 Consumer Goods
9.10.2 Electrical & Electronics
9.10.3 Construction
9.10.4 Automotive
9.10.5 Aerospace
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Plastic Compounding and Extrusion Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic Compounding and Extrusion Machines Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Plastic Compounding and Extrusion Machines Market Size Forecast by Type
10.6.1 Single-Screw Extruders
10.6.2 Twin-Screw Extruders
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Plastic Compounding and Extrusion Machines Market Size Forecast by Applications
10.10.1 Consumer Goods
10.10.2 Electrical & Electronics
10.10.3 Construction
10.10.4 Automotive
10.10.5 Aerospace
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Plastic Compounding and Extrusion Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic Compounding and Extrusion Machines Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Plastic Compounding and Extrusion Machines Market Size Forecast by Type
11.6.1 Single-Screw Extruders
11.6.2 Twin-Screw Extruders
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Plastic Compounding and Extrusion Machines Market Size Forecast by Applications
11.10.1 Consumer Goods
11.10.2 Electrical & Electronics
11.10.3 Construction
11.10.4 Automotive
11.10.5 Aerospace
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Plastic Compounding and Extrusion Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic Compounding and Extrusion Machines Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Plastic Compounding and Extrusion Machines Market Size Forecast by Type
12.6.1 Single-Screw Extruders
12.6.2 Twin-Screw Extruders
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Plastic Compounding and Extrusion Machines Market Size Forecast by Applications
12.10.1 Consumer Goods
12.10.2 Electrical & Electronics
12.10.3 Construction
12.10.4 Automotive
12.10.5 Aerospace
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Plastic Compounding and Extrusion Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic Compounding and Extrusion Machines Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Plastic Compounding and Extrusion Machines Market Size Forecast by Type
13.6.1 Single-Screw Extruders
13.6.2 Twin-Screw Extruders
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Plastic Compounding and Extrusion Machines Market Size Forecast by Applications
13.10.1 Consumer Goods
13.10.2 Electrical & Electronics
13.10.3 Construction
13.10.4 Automotive
13.10.5 Aerospace
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plastic Compounding and Extrusion Machines Market: Competitive Dashboard
14.2 Global Plastic Compounding and Extrusion Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coperion
14.3.2 Argusjm
14.3.3 Comtec
14.3.4 Everplast Machinery
14.3.5 Useon (Nanjing) Extrusion Machinery
14.3.6 Kairong
14.3.7 Genius Machinery
14.3.8 Ikegai Corporation