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Extruders and Compounding Machines Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast Till 2034

Posted by Latest Market Trends on April 16, 2024 at 1:38pm 0 Comments

The global extruder and compounding machines market is poised for steady growth over the next decade, with a projected valuation of US$113.96 billion by 2034. This expansion is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 4.2%, building upon a market size of US$75.53 billion in 2024.



This report provides a comprehensive analysis of the extruder and compounding machines market, including a comparison with closely related markets like the extrusion equipment market… Continue

PET Bottles Market Strategies, Size & Shares, and Forecast - 2025

Other applications include industrial products, consumer durables, and so on. In the past, beer and wine manufacturers, in particular, did not favor plastic bottles, primarily due to safety concerns. However, technological advancements have made it possible to use high-end PET bottles, which extend the shelf-life of a product. This has resulted in an increase in demand for high-end PET bottles. Another factor driving the high-end PET bottle market is the increased acceptance of flexible jam and sauce bottles. Aside from that, high-end PET bottles are preferred due to their higher sustainability, low damage, and ease of shipping. Furthermore, in the pharmaceutical industry, there are a variety of medications that necessitate the use of high-density bottles.
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