DUBLIN--(BUSINESS WIRE)--The "Plastic Processing Machinery Market Analysis By Product, Regional Outlook, And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global plastic processing machinery market is expected to reach USD 43.7 billion by 2025, according to a new report. The shift in trend towards mechanized packaging for increased efficiency and output is expected to drive demand.
Plastics exhibit superior properties such as flexibility, light-weight, low density, improved barrier resistance, durability, insulation, energy-saving, enhanced weathering, and aesthetic appeal (multitude of colors and metalized finishes). These factors have widened the application scope of processing machinery.
Advancements in molding technology have led to the development of complex components such as joints, structural components, brake components, housing units, fuel tanks, suspensions and engine frames.
Introduction of favorable policies by the governments in emerging economies, including China and India, to encourage foreign direct investment and facilitate closer integration with other economies is expected to propel demand. Major automotive OEMs are increasingly incorporating plastic parts and components to reduce gross vehicle weight and subsequently improve the performance and fuel efficiency.
Stringent regulations regarding depletion and recyclability of conventional materials like metal and wood are anticipated to drive greater plastics demand from construction industry in insulation, pipes, cables, floorings, windows and storage tanks among others.
- The Japan Steel Works, Ltd. (JSW)
- Husky Injection Molding Systems
- Sumitomo Heavy Industries, Ltd.
- Persimmon Technologies Corporation
- Milacron Holdings Corporation
- Haitian International Holdings Limited
- Chen Hsong Holdings Limited
- ENGEL Austria GmbH
- Nissei Plastic Industrial Co., Ltd.
- Krauss-Maffei Corporation
- Alpha Marathon Film Extrusion Technologies Inc
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Plastic Processing Machinery Market Variables, Trends & Scope
Chapter 4 Plastic Processing Machinery Market: Product Estimates & Trend Analysis
Chapter 5 Plastic Processing Machinery Market: Regional Estimates & Trend Analysis
Chapter 6 Competitive Landscape
Chapter 7 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/rfgq6k/plastic