According to a recent publication from Meticulous Research®, the plastic processing auxiliary equipment market is expected to reach $9 billion by 2030, with a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030.

Market Dynamics:
This market growth is primarily driven by the high demand for plastics across various industries, economic expansion, and improving living standards. Nevertheless, increasing awareness of plastic pollution and a stronger focus on plastic reuse are restraining factors. Despite these challenges, the advancement of sophisticated plastic recycling techniques is anticipated to provide significant growth opportunities for market participants.

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The plastic processing auxiliary equipment market is segmented by type, molding technique, sector, and geography. The study also assesses industry competitors and analyzes the market at the country level.


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Based on type, The plastic processing auxiliary equipment market is categorized into blending equipment, extrusion equipment, conveying equipment, drying equipment, heat transfer equipment, material storage equipment, size reduction equipment, plastic processing robots, and other auxiliary equipment. In 2023, the conveying equipment segment is anticipated to hold the largest share of the global market. However, the blending equipment segment is expected to achieve the highest CAGR during the forecast period.
Based on molding technique, the global plastic processing auxiliary equipment market is segmented into injection technique, blow technique, extrusion technique, compression technique, and other molding techniques. In 2023, the injection technique segment is expected to account for the largest share of the global plastic processing auxiliary equipment market. However, the blow technique segment is expected to register the highest CAGR during the forecast period.
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Based on geography, the global plastic processing auxiliary equipment market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to hold the largest share of this market. This dominance is due to the high demand for plastic from various sectors, including automotive, healthcare, and construction. Additionally, rapid economic growth and rising disposable incomes in countries such as China, India, and Indonesia have driven up the demand for plastic products. This surge in demand presents significant growth opportunities for plastic manufacturers, leading to increased adoption of plastic processing auxiliary equipment in the region.

Key Players:
The key players operating in the plastic processing auxiliary equipment market are Piovan Group (Italy), Bry-Air (Asia) Pvt. Ltd. (India), Shibaura Machine Co., Ltd. (Japan), Woywod Kunststoffmaschinen GmbH & Co. Vertriebs-KG (Germany), Moretto S.p.A. (Italy), WITTMANN Technology GmbH (WITTMANN Group) (Austria), Werner Koch Maschinentechnik GmbH (Germany), Absolute Haitian Corporation (U.S.), AIC Acquisition Company, LLC (U.S.), Milacron LLC (U.S.), Reynold India Private Limited (India), Guanxin Plastic Machinery Co., LTD (China), Vector Injection Ltd. (Canada), Maillefer (Finland), Rosendahl Nextrom GmbH (Austria), MATSUI MFG. CO., LTD. (Japan), Kawata Mfg. Co., Ltd., and motan holding GmbH (Germany).

Key questions answered in the report:
• Which are the high-growth market segments in terms of type, molding technique, sector, and country?
• What is the historical market for plastic processing auxiliary equipment across the globe?
• What are the market forecasts and estimates for 2023–2030?
• What are the major drivers, restraints, opportunities, challenges and trends in the global plastic processing auxiliary equipment market?
• Who are the major players in the global plastic processing auxiliary equipment market, and what are their market shares?

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