Product Code: GVR-1-68038-671-4
Plastic Processing Machinery Market Growth & Trends:
The global plastic processing machinery market size is anticipated to reach USD 32.5 billion by 2030, registering a CAGR of 4.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market growth is driven by the growing plastic manufacturing industry, rising product customization needs, and advancements in technology improving efficiency and output. As industries seek to enhance production capabilities and meet diverse consumer demands, the demand for innovative plastic processing machinery continues to rise.
Environmental concerns and regulations promoting sustainable practices have led to a demand for machinery that facilitates recycling and the use of eco-friendly materials in plastic processing. Technological trends such as automation, IoT integration, and artificial intelligence are also influencing the market, optimizing production processes, and reducing operational costs. As industries prioritize efficiency, precision, and sustainability, the market is likely to experience further growth and evolution.
Rapid growth in the consumption of plastic parts in the automotive industry, owing to their lightweight and cost, is expected to drive the growth of the plastic processing machinery industry over the forecast period. In addition, innovations in the manufacturing of injection molding machines that can make complex products at high speed and in large quantities are expected to augment the market growth.
The injection molding machine is suitable for producing a wide variety of exterior automotive components such as mudguards, door panels, wheel arches, grilles, trunk trims, front and rear covers, and outside car door trims. Automotive injection molding is an important manufacturing process in the automotive industry, where safety, consistency, and quality are critical. According to the Center for Automotive Research, the automobile sector is one of the most important industries in the U.S. It has contributed around 3.5% of the total GDP as of 2022.
Various automobile parts, such as outer body panels, bumpers, spoilers, dashboards, and electrical housings, are made using injection molding machines. Many automotive interior parts are manufactured using injection molding machines. Instrumentation components, interior surfaces, glove boxes, dashboard faceplates, air vents, and other items are included. Rapid growth in demand for automotive components has boosted global automobile production, resulting in a high demand for injection molded parts in the automotive industry, thereby driving market expansion.
According to the American Institute for Packaging and the Environment, the packaging sector is a dynamic part of the American economy, accounting for around USD 537.91 billion in total economic production and roughly 2.50% of the GDP as of 2022. Plastic processing machinery is used in the packaging industry for the production of containers, bottle caps, crates used in the transportation of beverage bottles, and fiber optics spool covers. Similarly, these machines are also used for manufacturing parts in the automotive industry, such as dashboards, buttons fitted on the dashboard, cup holders, and automatic window buttons. These aforementioned factors are anticipated to propel the market growth over the forecast period.
Manufacturers are seeking product launches, mergers & acquisitions, and expansions to produce new products. For instance, Arburg launched the hybrid Allrounder 470 H, which delivers high performance as it saves energy, conserves resources, and is production-efficient, user-friendly, and reliable. The blend of electric clamping & hydraulic injection units drastically reduces operating costs and carbon footprint.
Plastic Processing Machinery Market Report Highlights:
- Based on product, the injection molding machine segment led the market and accounted for a 50.9% revenue share in 2024. Technological improvements, short production cycles, and increased productivity are key aspects of new-age injection molding machines. Technological breakthroughs in injection molding machines, including their ability to shape different raw materials into desired shapes, have led to the replacement of traditional molding machines with new injection molding machines. As a result, the global demand for automated and energy-efficient injection molding machines is continuously increasing. This, in turn, fuels the growth of the injection molding market
- Extrusion injection molding machine product segment is expected to witness a CAGR of 4.7% over the forecast period. Extrusion machinery has several applications in the production of various consumer goods such as televisions, computers, lighting, refrigerators, music players, ladders, toys, furniture, bottles, sporting goods, pet accessories, and containers. In the past few years, most of the traditional materials such as glass, wood, and metal have been replaced by high-quality plastics, thereby augmenting the demand for extrusion machinery. The above-mentioned factors are projected to drive the demand for extrusion machinery over the forecast period
- Asia Pacific secured the largest market share of 39.8% in 2024. The market growth is driven by rising healthcare demand, rapid industrialization in emerging economies such as China, India, and Thailand, and increasing demand for plastic molds in electric vehicles. In addition, the rapid growth of automotive and packaging industries in Asia Pacific is expected to boost the demand over the forecast period
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Plastic Processing Machinery Market Variables, Trends & Scope
- 3.1. Global Plastic Processing Machinery Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.4.1. Policies and Incentive Plans
- 3.4.2. Standards and Compliances
- 3.4.3. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Substitution Threat
- 3.6.4. Threat from New Entrant
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Social Landscape
- 3.7.4. Technological Landscape
- 3.7.5. Environmental Landscape
- 3.7.6. Legal Landscape
Chapter 4. Plastic Processing Machinery Market: Product Outlook Estimates & Forecasts
- 4.1. Plastic Processing Machinery Market: Product Movement Analysis, 2024 & 2030
- 4.1.1. Injection Molding
- 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.2. Extrusion
- 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.3. Blow Molding
- 4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.4. Others
- 4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 5. Plastic Processing Machinery Market Regional Outlook Estimates & Forecasts
- 5.1. Regional Snapshot
- 5.2. Plastic Processing Machinery Market: Regional Movement Analysis, 2024 & 2030
- 5.3. North America
- 5.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.3.3. U.S.
- 5.3.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.3.4. Canada
- 5.3.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.3.5. Mexico
- 5.3.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.4. Europe
- 5.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.4.3. Germany
- 5.4.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.4.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.4.4. France
- 5.4.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.4.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.4.5. Italy
- 5.4.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.4.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.4.6. UK
- 5.4.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.4.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.5. Asia Pacific
- 5.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.5.3. China
- 5.5.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.5.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.5.4. India
- 5.5.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.5.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.5.5. Japan
- 5.5.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.5.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.5.6. Australia
- 5.5.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.5.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.6. Latin America
- 5.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.6.3. Brazil
- 5.6.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.6.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.6.4. Argentina
- 5.6.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.6.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.7. Middle East and Africa
- 5.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.7.3. Saudi Arabia
- 5.7.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.7.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
- 5.7.4. South Africa
- 5.7.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.7.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Vendor Landscape
- 6.2.1. Company Categorization
- 6.2.2. List of Key Distributors and Channel Partners
- 6.2.3. List of Potential Customers/End Users
- 6.3. Competitive Dynamics
- 6.3.1. Competitive Benchmarking
- 6.3.2. Strategy Mapping
- 6.3.3. Heat Map Analysis
- 6.4. Company Profiles/Listing
- 6.4.1. The Japan Steel Works, Ltd. (JSW)
- 6.4.1.1. Participant's Overview
- 6.4.1.2. Financial Performance
- 6.4.1.3. Product Benchmarking
- 6.4.1.4. Strategic Initiatives
- 6.4.2. ARBURG GmbH + Co KG
- 6.4.2.1. Participant's Overview
- 6.4.2.2. Financial Performance
- 6.4.2.3. Product Benchmarking
- 6.4.2.4. Strategic Initiatives
- 6.4.3. Husky Injection Molding Systems Ltd
- 6.4.3.1. Participant's Overview
- 6.4.3.2. Financial Performance
- 6.4.3.3. Product Benchmarking
- 6.4.3.4. Strategic Initiatives
- 6.4.4. Sumitomo Heavy Industries, Ltd,
- 6.4.4.1. Participant's Overview
- 6.4.4.2. Financial Performance
- 6.4.4.3. Product Benchmarking
- 6.4.4.4. Strategic Initiatives
- 6.4.5. Persimmon Technologies
- 6.4.5.1. Participant's Overview
- 6.4.5.2. Financial Performance
- 6.4.5.3. Product Benchmarking
- 6.4.5.4. Strategic Initiatives
- 6.4.6. Milacron LLC
- 6.4.6.1. Participant's Overview
- 6.4.6.2. Financial Performance
- 6.4.6.3. Product Benchmarking
- 6.4.6.4. Strategic Initiatives
- 6.4.7. Haitian International Holdings Limited
- 6.4.7.1. Participant's Overview
- 6.4.7.2. Financial Performance
- 6.4.7.3. Product Benchmarking
- 6.4.7.4. Strategic Initiatives
- 6.4.8. Chen Hsong Holdings Limited
- 6.4.8.1. Participant's Overview
- 6.4.8.2. Financial Performance
- 6.4.8.3. Product Benchmarking
- 6.4.8.4. Strategic Initiatives
- 6.4.9. ENGEL Austria GmbH
- 6.4.9.1. Participant's Overview
- 6.4.9.2. Financial Performance
- 6.4.9.3. Product Benchmarking
- 6.4.9.4. Strategic Initiatives
- 6.4.10. Nissei Plastic Industrial Co., Ltd.
- 6.4.10.1. Participant's Overview
- 6.4.10.2. Financial Performance
- 6.4.10.3. Product Benchmarking
- 6.4.10.4. Strategic Initiatives
- 6.4.11. Krauss-Maffei Corporation
- 6.4.11.1. Participant's Overview
- 6.4.11.2. Financial Performance
- 6.4.11.3. Product Benchmarking
- 6.4.11.4. Strategic Initiatives
- 6.4.12. Alpha Marathon Film Extrusion Technologies Inc.
- 6.4.12.1. Participant's Overview
- 6.4.12.2. Financial Performance
- 6.4.12.3. Product Benchmarking
- 6.4.12.4. Strategic Initiatives