Plastic Processing Auxiliary Equipment Market To Reach $9,285.7 Million By 2030

Plastic Processing Auxiliary Equipment Market Growth & Trends

The global plastic processing auxiliary equipment market size is anticipated to reach USD 9,285.7 million by 2030 and is expected to expand at a CAGR of 4.1% during the forecast period, according to a new report by Grand View Research, Inc. The plastic processing auxiliary equipment market is experiencing a steady evolution, with increasing demand for energy-efficient and sustainable solutions. As environmental concerns continue to rise globally, manufacturers focus on producing equipment that minimizes energy consumption while maintaining or improving processing efficiency. This trend is especially significant in regions with stringent environmental regulations, pushing companies to develop energy-saving technologies such as low-energy drying systems and advanced temperature control units.

Another notable trend in the plastic processing auxiliary equipment market is the growing adoption of automation and smart technologies. With Industry 4.0 revolutionizing manufacturing, equipment integrating IoT capabilities is gaining traction. These smart systems allow for real-time monitoring, predictive maintenance, and enhanced process control, reducing downtime and increasing overall productivity. Automated material handling systems, along with robotic loaders and advanced blending units, are becoming essential in improving the efficiency of plastic processing, especially in high-volume production environments. As automation becomes more integrated, the demand for sophisticated auxiliary equipment that seamlessly interacts with central control systems is rising.

The increasing customization of plastic products is influencing the design of auxiliary equipment. As manufacturers are required to produce a wider variety of plastic products with shorter production runs, there is a growing need for flexible and adaptable auxiliary equipment. For instance, blending systems have features that enable precise control over material formulations, while dryers are designed to handle diverse resin types efficiently. This shift toward customized solutions is particularly relevant in industries such as automotive, consumer goods, and packaging, where the variety and specificity of plastic products are key to maintaining competitiveness in the market.

The expansion of plastic recycling and using recycled materials in production is shaping the demand for auxiliary equipment in the market. With the growing focus on sustainability and circular economy principles, manufacturers increasingly turn to recycled plastics in their production processes. This has led to an increased need for specialized equipment that can handle the unique challenges of recycled materials, such as varying moisture content and material inconsistencies. Auxiliary equipment designed for drying, blending, and conveying recycled plastics is evolving to ensure that these materials can be processed efficiently without compromising product quality. As the demand for recycled plastics grows, so too does the need for advanced, adaptable auxiliary equipment capable of supporting these materials throughout the production process.

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Plastic Processing Auxiliary Equipment Market Report Highlights

• Based on type, the material handling type segment led the market in 2024. The material handling equipment segment within the plastic processing auxiliary equipment market is witnessing significant growth, driven by the need for increased automation and efficiency in manufacturing processes.

• Injection molding is a widely used plastic processing technique that relies heavily on auxiliary equipment to ensure efficient and high-quality production. Moreover, advancements in automation and smart technologies, such as AI-based molding assistants and smart weight control systems, are anticipated to drive market demand.

• The plastic processing auxiliary equipment market in the packaging industry is experiencing significant growth, driven by the increasing demand for efficient and high-quality packaging solutions. Auxiliary equipment such as material handling systems, drying units, and temperature control devices plays a crucial role in enhancing the efficiency and quality of plastic packaging production processes.

• Based on region, Asia Pacific led the market in 2024. The market is witnessing rapid growth, driven by the region's booming manufacturing sector and increasing demand for automation in production processes. ?

• In March 2024, ENTEK, based in Lebanon, Oregon, showcased its latest twin-screw extrusion technology, new replacement wear parts featuring an interactive screw design display, and advanced material handling equipment at its booth for NPE 2024.

Plastic Processing Auxiliary Equipment Market Segmentation

For the purpose of this report, Grand View Research, Inc. has segmented the global plastic processing auxiliary equipment based on type, process type, end-use, and region.

Plastic Processing Auxiliary Equipment Type Outlook (Revenue, USD Million, 2018 - 2030)

• Material Handling Equipment

• Temperature Control Equipment

• Dehumidification and Drying Equipment

• Dosing, Mixing, & Blending Equipment

• Granulators & Crushers

• Automation & Robotics

• Others

Plastic Processing Auxiliary Equipment Process Type Outlook (Revenue, USD Million, 2018 - 2030)

• Injection Molding

• Extrusion

• Blow Molding

• Compression Molding

• Others

Plastic Processing Auxiliary Equipment End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Packaging

• Automotive

• Consumer Goods

• Electrical & Electronics

• Construction

• Medical & Healthcare

• Others

Plastic Processing Auxiliary Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • Spain

  • Italy

  • UK

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players in the Plastic Processing Auxiliary Equipment Market

• Fel Plast India

• Wittmann

• Piovan

• Shibaura Machine Co., Ltd.

• Colortronic GmbH

• Conair

• Yushin

• Motan Colortronic

• Sidel

• Buss AG

• Coperion

• Novatec

• XIECHENG 

• AIC Acquisition Company LLC 

• Bry-Air (Asia) Pvt. Ltd.