The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for plastic processing auxiliary equipment is projected to drive the market’s expansion in the coming years.

The global plastic processing auxiliary equipment market is expected to grow from $6.84 billion in 2022 to $7.06 billion in 2023 at a compound annual growth rate (CAGR) of 3.29%. The market is expected to reach $8.14 billion in 2027 at a CAGR of 3.61%.

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Global Plastic Processing Auxiliary Equipment Market Segments Include:

• By Type: Conveying Equipment, Extrusion Equipment, Blending Equipment, Drying Equipment, Heat Transfer Equipment, Plastic Processing Robots, Size Reduction Equipment, Material Storage Equipment, Other equipment
• By Molding Technique: Injection Technique, Blow Technique, Extrusion Technique, Compression Technique, Other Molding Techniques
• By Application: Food, Pharmaceutical, Automobile, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global plastic processing auxiliary equipment market in 2021.

Major Market Players 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.

Advanced technologies are a prevalent trend in the plastic processing auxiliary equipment industry. To maintain their market position, companies in the plastic processing auxiliary equipment market are releasing sophisticated technological goods based on artificial intelligence.

The Plastic Processing Auxiliary Equipment Global Market Report 2023  provides a plastic processing auxiliary equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The plastic processing auxiliary equipment market forecast analyzes plastic processing auxiliary equipment market size, plastic processing auxiliary equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A large variety of machines and gadgets that support the plastic processing industry is referred to as plastic processing auxiliary equipment. Auxiliary equipment for plastic processing is used in a variety of processing lines to maximize production, ensure high-quality products, and support the extrusion, injection molding, or blow molding processes.

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