The global plastic welding equipment market has been projected to grow at a CAGR of 4.5% market during the forecast period 2020 to 2027. In 2016, the market has generated a revenue of $4.15 billion and now it has been expected to cross the $6 billion mark by 2025.
The plastic welding equipment is highly driven by the rapidly rising plastics manufacturing industry across the world. As a result of low cost and high durability, plastic materials have replaced conventional materials such as metals and wood in a number of applications. Subsequently, the industry is set to continue demonstrating robust growth during the forecast period.
According to the recent report published by Research Corridor, the Global Plastic Welding Equipment Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. This latest industry research study analyzes the Plastic Welding Equipment market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.
The report titled “Plastic Welding Equipment Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2020 – 2027” offers a holistic view of the Plastic Welding Equipment industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Plastic Welding Equipment market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Plastic Welding Equipment Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The global plastic welding equipment market for the purpose of this study is studied on the basis of equipment type. The market is broadly segmented into electric socket, ultrasonic, hot plate, spin, hot gas, extrusion, injection, high frequency, laser and others. The others segment comprises equipment such as induction and solvent-based plastic welding equipment.
The Plastic Welding Equipment Market Segmentation:
By Equipment Type, 2018–2027 ($ Million)
By Region, 2018–2027 ($ Million)
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List of Key companies:
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