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Precision Machine for Polymers Market Share

Report ID: GMI10828
Published Date: Aug 2024
Report Format: PDF

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Precision Machine for Polymers Market Share

Precision machine for polymers industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such Advent Tool & Manufacturing, American Industrial Plastics, Ensinger, I.M.P. International, Inc., Mitsubishi Chemical Advanced Materials, Nordson EFD, Plastics Plus, Precision Polymer Engineering (PPE) collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Precision Machine for Polymers Market Companies

Major players operating in the precision machine for polymers industry are:

Advent Tool & Manufacturing
American Industrial Plastics
Ensinger
I.M.P. International, Inc.
Mitsubishi Chemical Advanced Materials
Nordson EFD
Plastics Plus
Precision Polymer Engineering (PPE)
Proto Labs
Quadrant Engineering Plastic Products
Röchling Engineering Plastics
Rogers Corporation
Saint-Gobain Performance Plastics
Trelleborg Sealing Solutions
Victrex

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of precision machine for polymers reached USD 1.3 billion in 2023 and will show a CAGR of 5.5% through 2032, due to the rising use of high-performance polymers across the aerospace, automotive, electronics, and medical devices industries.

The polytetrafluoroethylene led the market at USD 500 million in 2023 and is projected to grow to USD 800 million by 2032, driven by their widespread applications in consumer goods, automotive parts, and packaging.

North America market was valued at USD 300 million in 2023 and will reach USD 500 million by 2032, driven by the U.S. aerospace and defense sector's demand for advanced polymers in high-performance components.

Advent Tool & Manufacturing, American Industrial Plastics, Ensinger, I.M.P. International, Inc., Mitsubishi Chemical Advanced Materials, Quadrant Engineering Plastic Products, Röchling Engineering Plastics, Trelleborg Sealing Solutions, and Victrex among others.