Plastic Processing Machinery Market Size, Share & Trends Analysis Report By Product (Injection Molding, Extrusion, Blow Molding, Others), By Region (North America, Europe, Asia Pacific, MEA), And Segment Forecasts, 2025 - 2030

Plastic Processing Machinery Market Trends

The global plastic processing machinery market size was valued at USD 24.9 billion in 2024 and is expected to grow at a CAGR of 4.6% from 2025 to 2030, driven by the rising production of lightweight vehicles and the increasing demand for plastic products across the automotive and construction industries. As automakers focus on enhancing fuel efficiency and reducing vehicle weight, the need for lightweight plastic components has surged, leading to increased use of plastic processing technologies.

The growing reliance of the construction industry on plastic materials for insulation, pipes, and fittings further boosts demand for advanced machinery capable of producing durable and high-performance plastic products, contributing to the market expansion. The growing emphasis on recycling, biodegradable plastics, and efficient plastic waste management is projected to catalyze market growth.

As sustainability becomes a priority, demand for advanced machinery capable of processing biodegradable materials and optimizing recycling processes is expected to surge. The need for improved waste management solutions encourages the development of innovative machinery for efficient plastic recycling and waste reduction. These trends are expected to fuel market growth as industries and governments focus on reducing plastic pollution, enhancing environmental sustainability, and adopting circular economy practices.

Product Insights

The injection molding segment recorded the largest share of 50.9% in 2024, fueled by its versatility, efficiency, and cost-effectiveness in producing high-precision plastic components. This technology is widely used across industries, such as automotive, consumer goods, and packaging, where complex and high-volume parts are required. The ability of injection molding to produce intricate designs with minimal material waste, coupled with advancements in automation and robotics, has driven its growth. Increasing demand for lightweight, durable products further strengthens the dominance of the injection molding segment in the plastic processing machinery industry.

The extrusion segment is anticipated to emerge as the fastest-growing segment and record a CAGR of 4.7% over the forecast period. This can be attributed to its versatility and widespread applications across various industries. As demand for plastic pipes, sheets, films, and profiles continues to rise, extrusion technology is crucial for producing high-quality, consistent products. Advancements in extrusion machinery, such as enhanced automation and energy-efficient systems, are leading to heightened demand. Moreover, the growing need for sustainable plastic solutions, including recycling and biodegradable materials, is further boosting the demand for innovative extrusion processes and equipment in the market.

Regional Insights

North America plastic processing machinery market is expected to witness growth, driven by the shift toward circular economy practices and rising demand for lightweight plastic components in the automotive and packaging industries. As manufacturers increasingly adopt sustainable practices, there is a growing need for advanced machinery to recycle and process plastic materials efficiently. Besides, the automotive and packaging sectors are prioritizing lightweight, durable, and recyclable plastic parts to meet environmental goals and consumer demand, further fueling the demand for plastic processing technologies in the region.

U.S. Plastic Processing Machinery Market Trends

The demand for durable materials in the aerospace and medical industries and the rising popularity of 3D printing technologies are projected to fuel the growth of the plastic processing machinery industry across the U.S. As these sectors require high-performance, precise plastic components, advanced processing machinery is essential to meet stringent quality standards. In addition, the increasing use of 3D printing in manufacturing complex and custom parts is fueling the need for specialized equipment. This trend enhances the demand for innovative, efficient, and adaptable plastic processing technologies in the U.S. market.

The adoption of automation, robotics, and Industry 4.0 technologies and the rising demand for machinery that processes recyclable and biodegradable plastics are set to boost the Canada plastic processing machinery industry. Innovations in machinery enhance production efficiency, precision, and reduce labor costs, making plastic processing more cost-effective and sustainable. Furthermore, the increasing demand for machinery that processes recyclable and biodegradable plastics aligns with the environmental goals and regulatory requirements of Canada. As industries focus on reducing waste and adopting eco-friendly solutions, the need for advanced machinery to handle these materials is expected to surge, fueling market growth.

Europe Plastic Processing Machinery Market Trends

Europe plastic processing machinery market is expected to record the highest CAGR of 4.2% from 2025 to 2030, due to the emphasis on eco-friendly plastic materials and recycling technologies, coupled with expansion in the medical and packaging sectors. As sustainability becomes a priority, there is a rising demand for machinery capable of producing recyclable, biodegradable plastics. Also, the medical and packaging industries require advanced, precise machinery for producing high-quality plastic components and packaging solutions. These trends, supported by stringent environmental regulations and the need for innovation in recycling technologies, are fueling demand for cutting-edge plastic processing equipment across Europe.

Government initiatives in Germany to promote green and sustainable manufacturing processes are expected to drive the plastic processing machinery industry. With regulations favoring eco-friendly production, there is an increasing demand for machinery capable of processing recyclable and biodegradable plastics. In addition, the strong focus of Germany on high-precision and customized machinery, especially in the automotive and medical industries, is boosting market growth. These trends push manufacturers to invest in advanced technologies that improve efficiency, reduce waste, and meet stringent environmental standards, further surging the demand for specialized plastic processing solutions.

France is anticipated to record notable growth over the forecast period with the growing interest in bioplastics and the rising inclination toward customized plastic products. As environmental concerns increase, there is a surge in demand for bioplastics, which require specialized processing technologies. Besides, industries are increasingly seeking customized plastic products, pushing the need for advanced machinery capable of delivering high precision and flexibility in production. These trends are driving innovation in plastic processing equipment as manufacturers invest in new technologies to meet the evolving demand for sustainable, tailored, and high-performance plastic solutions in France.

Asia Pacific Plastic Processing Machinery Market Trends

Asia Pacific secured the largest market share of 39.8% in 2024, fueled by rapid industrialization and increasing production of consumer goods. Expansion of manufacturing sector in key Asian countries, including China and India, is expected to escalate the demand for plastic products, such as packaging, automotive components, and construction materials. Advanced plastic processing machinery is required in this sector to meet higher production volumes and quality standards. Also, the rise in consumer goods production, particularly in packaging and household items, is further fueling demand for efficient and innovative plastic processing technologies across the region.

The growing demand for lightweight materials in sectors such as automotive, electronics, and packaging is expected to speed up the market growth across China. As manufacturers focus on reducing weight for improved fuel efficiency and product performance, the need for advanced machinery to process lightweight plastic components rises. Furthermore, domestic and international market expansion in China, supported by its strong manufacturing sector and global trade reach, boosts demand for plastic processing machinery. Continued technological advancements and export-driven production further contribute to the growth of the market.

The adoption of advanced technologies and a strong focus on customization are set to fuel the growth of India plastic processing machinery market. As industries seek to improve efficiency & precision and reduce costs, the integration of automation, robotics, and smart technologies is becoming increasingly important. The demand for customized machinery tailored to specific applications, such as packaging, automotive, and medical sectors, is also rising. These trends are pushing manufacturers to invest in high-tech solutions that meet diverse customer needs, further favoring the plastic processing machinery industry growth in India.

Key Plastic Processing Company Insights

Some of the key companies in the plastic processing machinery market include The Japan Steel Works, Ltd. (JSW); ARBURG GmbH + Co KG; Husky Injection Molding Systems Ltd; Sumitomo Heavy Industries, Ltd.; Persimmon Technologies; Milacron LLC; Haitian International Holdings Limited; Chen Hsong Holdings Limited; ENGEL Austria GmbH; Nissei Plastic Industrial Co., Ltd.; Krauss-Maffei Corporation; and Alpha Marathon Film Extrusion Technologies Inc.

• The Japan Steel Works, Ltd. (JSW) provides high-performance steel products, including castings, forgings, and machinery components. It serves industries such as energy, aerospace, automotive, and heavy machinery with innovative manufacturing solutions.

• Sumitomo Heavy Industries, Ltd. offers a wide range of products, including industrial machinery, precision equipment, plastic processing machinery, and energy solutions. It focuses on innovation, quality, and sustainability across diverse sectors.

Recent Developments

• In October 2024, Milacron unveiled the eQ180, an advanced all-electric injection molding machine featuring monosandwich technology. This innovative machine enables efficient production of multi-layer parts using post-consumer recyclable (PCR) materials for enhanced sustainability and performance.

• In June 2024, JianTai launched its advanced Recycled Plastic Extrusion Machine, designed to improve the efficiency and effectiveness of plastic recycling, catering to the evolving needs of the industry for enhanced sustainability.

Plastic Processing Machinery Market Report Scope

Global Plastic Processing Machinery Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global plastic processing machinery market report based on product and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Injection Molding

  • Extrusion

  • Blow Molding

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • Italy

    • UK

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

  • Latin America

    • Brazil

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • South Africa