The Europe Plastic Extrusion Machines Market would witness market growth of 4.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Plastic Extrusion Machines Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $587.3 million by 2031. The UK market is exhibiting a CAGR of 3.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 5% during (2024 - 2031).
The construction industry is one of the primary consumers of plastic extrusion products. The rapid urbanization and infrastructure development have bolstered the demand for plastic pipes, profiles, and sheets. These materials are favored for their durability, lightweight nature, and resistance to corrosion and chemicals.
Moreover, plastic pipes are extensively used in plumbing, water distribution, and sewage systems, providing reliable and long-lasting solutions compared to traditional metal pipes. Similarly, plastic profiles are utilized in window frames, door frames, and decorative trims, offering aesthetic appeal and low maintenance requirements.
The European Union has enacted stringent regulations in order to cut down on the amount of waste associated with plastic and to encourage the development of a circular economy in Europe. This regulatory environment has spurred European companies to innovate in biodegradable and recyclable plastics. For instance, companies like BASF and Novamont are developing biodegradable plastic materials that can be processed using extrusion technology.
Free Valuable Insights: The Global Plastic Extrusion Machines Market will Hit USD 9.5 Billion by 2031, at a CAGR of 4.6%
Based on Machine Type, the market is segmented into Twin-screw, and Single-screw. Based on Solution, the market is segmented into New sales, and Aftermarket. Based on Process Type, the market is segmented into Blown Film Extrusion, Tubing Extrusion, Sheet/Film Extrusion, and Others. Based on Application, the market is segmented into Building & construction, Transportation, Consumer Goods, Medical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Machine Type
By Solution
By Process Type
By Application
By Country
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