The global plastic extrusion machinery industry is undergoing transformative growth driven by technological innovation, sustainability mandates, and expanding applications across multiple sectors. With emerging markets accelerating adoption and advanced economies refining production capabilities, this $8.93 billion market (2024) is projected to grow at 4.5% CAGR through 2030, reaching $12.34 billion by 2035. This comprehensive analysis explores the forces shaping this critical manufacturing sector.
The global extrusion machinery market is a cornerstone of modern manufacturing, enabling the production of plastic, metal, and composite materials used across industries. With applications ranging from automotive components to construction materials, this market is projected to grow from USD 8.93 billion in 2024 to USD 16.20 billion by 2032, reflecting a 4.2–4.5% CAGR[1][4][5]. Below, we analyze the regions driving this expansion, supported by key trends, innovations, and competitive dynamics.
The extrusion equipment market has experienced significant growth in recent years, driven by increasing demand for plastic and metal products across various industries. This article will delve into the current size of the extrusion equipment market, its trends, drivers, and future projections.