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The Surge In Demand Driving Plastic Processing Auxiliary Equipment Market: Key Factor Driving The Growth In The Plastic Processing Auxiliary Equipment Market
The Plastic Processing Auxiliary Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Plastic Processing Auxiliary Equipment Market Size During the Forecast Period?
The Plastic Processing Auxiliary Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Plastic Processing Auxiliary Equipment Market Size During the Forecast Period?
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What Are the High-Growth Segments in the Plastic Processing Auxiliary Equipment Market?
The plastic processing auxiliary equipment market covered in this report is segmented -
1) By Type: Conveying Equipment, Extrusion Equipment, Blending Equipment, Drying Equipment, Heat Transfer Equipment, Plastic Processing Robots, Size Reduction Equipment, Material Storage Equipment, Other equipment
2) By Molding Technique: Injection Technique, Blow Technique, Extrusion Technique, Compression Technique, Other Molding Techniques
3) By Application: Food, Pharmaceutical, Automobile, Other Applications
Subsegments:
1) By Conveying Equipment: Belt Conveyors, Screw Conveyors, Pneumatic Conveyors, Bucket Elevators
2) By Extrusion Equipment: Single-Screw Extruders, Twin-Screw Extruders, Pipe And Profile Extruders, Sheet Extruders
3) By Blending Equipment: Batch Mixers, Continuous Mixers, Gravimetric Blenders, Non-Gravimetric Blenders
4) By Drying Equipment: Dehumidifying Dryers, Hot Air Dryers, Vacuum Dryers, Hopper Dryers
5) By Heat Transfer Equipment: Heat Exchangers, Water-Cooled Chillers, Oil Heaters, Thermal Controllers
6) By Plastic Processing Robots: Articulated Robots, SCARA Robots, Delta Robots, Collaborative Robots
7) By Size Reduction Equipment: Granulators, Shredders, Pulverizers, Crushers, Hammer Mills
8) By Material Storage Equipment: Silos, Bins, Hoppers, Tote Bins, Bulk Storage Systems
9) By Other Equipment: Mixing Stations, Dosing And Weighing Systems, Degassing Systems, Vacuum Loading Systems, Material Handling Equipment
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What Key Drivers Are Expected to Influence Future Plastic Processing Auxiliary Equipment Market Growth?
The expansion of the plastic processing auxiliary equipment market is predicted to be fueled by the surging need for such tools. These pieces of machinery are crucial for the production and manipulation of plastic items. Plastic processing auxiliary equipment serves a vital function in numerous manufacturing chains by enhancing product quality, reinforcing strength, and aiding in extrusion, injection molding, or machine molding operations. For example, a report issued by the Plastics Industry Association's Committee's Equipment Statistics (CES) in the US stated that in the fourth quarter of 2022, the volume of plastic machinery shipments in North America surged by 22.3%, totaling $432.7 million, a comprehensive increase of 4.4% compared to 2021. The most significant growth was observed in the value of single-screw extruders, which shot up by 34.6%, next came the shipment of injection molding that rose by 25.0%. Twin-screw extruder shipments saw an 8.9% increase. Therefore, the escalating need for plastic processing machinery is propelling the advancement of the plastic processing auxiliary equipment market forward.
Which Companies Hold the Largest Share Across Different Plastic Processing Auxiliary Equipment Market Segments?
Major companies operating in the plastic processing auxiliary equipment market include Piovan Group, Shibaura Machine Co. Ltd.,Wittmann Technology GmbH, Woywod Kunststoffmaschinen GmbH & Co. Vertriebs-KG, Kawata Mfg Co. Ltd., Bry-Air Pvt. Ltd., Reynold India Pvt. Ltd., Maillefer SA, Moretto SpA, Matsui America Inc., Novatec Inc., Werner Koch Maschinentechnik GmbH, Absolute Haitian Corporation, Guanxin Plastic Machinery Co. Ltd., Vector Injection Ltd., Plastic Systems Srl, Motan Group, Pinnacle Systems Inc., ACS Group, Conair Group, PMS Plastics cc, Maguire Products Inc., Comet Plastic Equipment LLC, Plastrac Inc., Gammaflux L.P., Coperion GmbH, Labotek A/S, Sterling Auxiliaries Pvt. Ltd., Universal Dynamics Inc., Davis Standard LLC
What Trends Are Driving Growth in The Plastic Processing Auxiliary Equipment Market?
The emergence of cutting-edge technologies is a noticeable trend in the plastic processing auxiliary equipment market. Corporations in this sector are introducing state-of-the-art products that integrate artificial intelligence to maintain their market presence. LS Mtron Co Ltd., a firm based in South Korea that produces heavy machinery and electronic components, introduced AI Molding Assistant and Smart Weight Control in October 2022. These systems leverage artificial intelligence to mimic the skills of adept molding specialists, decreasing the length of time for stabilizing the initial molding setup process. Smart Weight Control identifies changes in product weight and modifies processing conditions instantly to meet product specifications correctly.
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What Are the Emerging Geographies for The Plastic Processing Auxiliary Equipment Market Growth?
Asia-Pacific was the largest region in the plastic processing auxiliary equipment market in 2024. The regions covered in the plastic processing auxiliary equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Plastic Processing Auxiliary Equipment Market?
2. What is the CAGR expected in the Plastic Processing Auxiliary Equipment Market?
3. What Are the Key Innovations Transforming the Plastic Processing Auxiliary Equipment Industry?
4. Which Region Is Leading the Plastic Processing Auxiliary Equipment Market?
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