Plastic Processing Machinery Market Size Is Expected To Reach USD 43.7 Billion By 2025
San Francisco, 20 April 2023: The Report Plastic Processing Machinery Market Size, Share & Trends Analysis Report By Product (Injection Molding Machine (IMM), Extrusion Machine, Blow Molding Machine (BMM), By Region, And Segment Forecasts, 2020 - 2025 The global plastic processing machinery market size is expected to reach USD 43.7 billion by 2025, according to a new report by Grand View Research, Inc. The shift in trend towards mechanized packaging for increased efficiency and output is expected to drive demand. Plastics exhibit superior properties such as flexibility, light-weight, low density, improved barrier resistance, durability, insulation, energy-saving, enhanced weathering, and aesthetic appeal (a multitude of colors and metalized finishes). These factors have widened the application scope of processing machinery. Advancements in molding technology have led to the development of complex components such as joints, structural components, brake components, housing unit