North America Plastic Extrusion Machines Market

North America Plastic Extrusion Machines Market Size, Share & Trends Analysis Report By Machine Type (Twin-screw, and Single-screw), By Solution (new sales, and Aftermarket), By Process Type, By Application, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-23198 Publication Date: June-2024 Number of Pages: 88
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Market Report Description

The North America Plastic Extrusion Machines Market would witness market growth of 4.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Plastic Extrusion Machines Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,757.6 million by 2031. The Canada market is experiencing a CAGR of 6.7% during (2024 - 2031). Additionally, The Mexico market is exhibiting a CAGR of 5.8% during (2024 - 2031).

North America Plastic Extrusion Machines Market

Plastic extrusion machines are vital in manufacturing numerous products integral to modern life. These machines enable the production of household goods and complex industrial components. The process begins with feeding raw plastic materials, such as pellets or powders, into the extruder's hopper.

Moreover, the materials are then melted and homogenized as they pass through the heated barrel, driven by a rotating screw. The final step involves forcing the molten plastic through a die, which molds it into the desired continuous form.

In North America, the strong presence of automotive, construction, and healthcare industries drives the demand for advanced extrusion technologies. Innovations in extrusion processes and materials are consistent with the region's emphasis on energy efficiency and sustainability. The medical equipment and supplies manufacturing industry is comprised of 5,176 establishments across the United States as of 2017. In 2019, foreign direct investment contributed $72.1 billion to the industry, according to the International Trade Administration (ITA). This growth is spurred by the increasing need for medical tubing, catheters, and packaging for pharmaceuticals, all of which rely heavily on plastic extrusion processes.

Free Valuable Insights: The Plastic Extrusion Machines Market is Predict to reach USD 9.5 Billion by 2031, at a CAGR of 4.6%

Based on Machine Type, the market is segmented into Twin-screw, and Single-screw. Based on Solution, the market is segmented into New sales, and Aftermarket. Based on Process Type, the market is segmented into Blown Film Extrusion, Tubing Extrusion, Sheet/Film Extrusion, and Others. Based on Application, the market is segmented into Building & construction, Transportation, Consumer Goods, Medical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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List of Key Companies Profiled

  • Sinochem Holdings Corporation Ltd. (SASAC)
  • Bausano & Figli S.p.A.
  • Costruzioni Meccaniche Luigi Bandera SpA
  • Kabra ExtrusionTechnik Ltd.
  • Hillenbrand, Inc.
  • Reifenhauser Group
  • Japan Steel Works, Ltd.
  • Shibaura Machine Co. Ltd.
  • UNION Officine Meccaniche s.p.a.
  • Windsor Machines Pvt. Ltd.

North America Plastic Extrusion Machines Market Report Segmentation

By Machine Type

  • Twin-screw
  • Single-screw

By Solution

  • New sales
  • Aftermarket

By Process Type

  • Blown Film Extrusion
  • Tubing Extrusion
  • Sheet/Film Extrusion
  • Others

By Application

  • Building & construction
  • Transportation
  • Consumer Goods
  • Medical
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
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