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CHICAGO, NY, UNITED STATES, January 14, 2025 /EINPresswire / -- The U.S. plastic extrusion machine
market was valued at US$ 901.42 million in 2024 and is projected to grow significantly, reaching a market valuation of US$ 1,548.99 million by 2033. This remarkable growth is expected to occur at a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2025 to 2033.
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Plastic extrusion machines are integral to various industries, including packaging, automotive, construction, and consumer goods. The increasing demand for high-quality plastic products, coupled with advancements in extrusion technologies, is driving the market's expansion. As the manufacturing industry increasingly adopts automation and energy-efficient technologies, the need for plastic extrusion machines is anticipated to rise.
The U.S. market's growth is attributed to the growing trend of sustainable production practices, the use of recycled materials in extrusion processes, and innovations in the design and functionality of extrusion machines. Additionally, the surge in demand for plastic products in industries such as construction and packaging is further contributing to the market's growth.
Key drivers fueling the growth of the U.S. plastic extrusion machine market include:
Technological Advancements: Continuous innovation in extrusion machinery, including better energy efficiency, faster production speeds, and the use of advanced materials, is propelling market growth.
Sustainability Trends: Growing consumer and industry demand for eco-friendly products is encouraging manufacturers to invest in more sustainable production methods.
Industry Growth: The expanding construction, automotive, and packaging industries in the U.S. are increasing the demand for plastic extrusion machines, which are essential for producing a wide range of components.
The U.S. plastic extrusion machine market is expected to witness steady growth throughout the forecast period as demand continues to rise, propelled by the increasing applications of plastic products across several key industries.
For more information on the U.S. plastic extrusion machine market, please contact:
Top Players in the U.S. Plastic Extrusion Machine Market
.Diamond America
.Arlington Machinery
.Plastics Extrusion Machinery LLC
.B & P Littleford
.Davis Standard
.Entek International
.Milacron, LLC
.Extrusion Technik USA Inc.
.CPM Extrusion Group
.US Extruders
.Other Prominent Players
Market Segmentation Overview:
By Type
.Single Screw Extrusion
.Twin Screw Extrusion/ Biaxial Extrusion
.Multiaxial Extrusion
.Others
By Material Type
.Polyvinyl Chloride (PVC)
.Rigid
.Flexible
.Polyethylene (PE)
.Polypropylene (PP)
.Thermoplastic Elastomer (TPE)
.Acrylonitrile Butadiene Styrene (ABS)
.Others
By Applications
.Brush products
.Refrigeration
.HVAC
.Cable and wire
.Safety products
.Point of purchase displays
.Commercial construction
.Others
By End User
.Construction
.Packaging
.Electrical and Electronics
.Automotive
.Consumer Goods
.Others
By Distribution Channel
.Online
.Offline
.OEM
.Aftermarket
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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.