Plastic Wire Rolling Machine Global Market Report 2024

A plastic wire rolling machine is an industrial tool used in manufacturing to shape and produce plastic wires or cables. These machines are specifically designed to roll and process plastic materials into continuous strands or coils of wire that maintain a consistent diameter, smooth surfaces, and the desired tensile strength.

The primary types of plastic wire rolling machines include single-screw and twin-screw models. A single-screw wire rolling machine operates by continuously extruding and rolling plastic wires using a single screw mechanism. These machines find application in various industries such as wire and cable manufacturing, pipe and tube production, textile manufacturing, packaging, and others, utilizing materials such as wood and steel.

The plastic wire rolling machines market research report is one of a series of new reports that provides plastic wire rolling machines market statistics, including plastic wire rolling machines industry global market size, regional shares, competitors with a plastic wire rolling machines market share, detailed plastic wire rolling machines market segments, market trends, and opportunities, and any further data you may need to thrive in the plastic wire rolling machines industry. This plastic wire rolling machines research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The plastic wire rolling machine market size has grown rapidly in recent years. It will grow from $7.64 billion in 2023 to $8.44 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth observed in the historic period can be attributed to the expansion of the automotive industry, global construction booms, the proliferation of global trade and globalization, rapid growth in the consumer electronics market, and increased investments in manufacturing capabilities and infrastructure.

The plastic wire rolling machine market size is expected to see rapid growth in the next few years. It will grow to $12.72 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The anticipated growth in the forecast period can be attributed to several factors including a focus on sustainable construction practices, the rising adoption of electric vehicles (EVs), ongoing integration of Industry 4 technologies, geopolitical stability, and economic conditions, along with sustained investment in research and development. Key trends expected in this period encompass advancements in technology, ongoing innovation in machine design, a growing emphasis on sustainability, integration of IoT and data analytics, and an increasing focus on producing high-quality wires.

The plastic wire rolling machine market is poised for growth due to increasing activities in infrastructure development. Infrastructure development involves the construction and enhancement of fundamental systems such as transportation networks, utilities, and public buildings. This growth is driven by factors such as population expansion, urbanization, economic progress, and the demand for improved facilities and utilities. Plastic wire rolling machines contribute to infrastructure development by manufacturing robust plastic wires used in building and maintaining electrical, telecommunications, and utility networks. For instance, data from the United States Census Bureau in February 2023 indicated a 10.5% increase in construction activities, rising from $1.62 trillion in 2021 to $1.79 trillion in 2022, underscoring the market's momentum driven by infrastructure expansion.

The plastic wire rolling machine market is benefiting from growing industrialization. Industrialization entails the transformation of economies from predominantly agrarian to manufacturing-driven, alongside urbanization. This shift is bolstered by technological advancements, globalization, and economic growth, which enhance production efficiency and scalability through innovations in automation, artificial intelligence, and advanced manufacturing techniques. Plastic wire rolling machines are pivotal in industrialization as they efficiently produce high-quality plastic wires and cables crucial for various industrial applications such as electrical wiring, telecommunications, automotive, and construction. For example, the United Nations Industrial Development Organization reported a global manufacturing production increase of 9.4% in 2021 compared to the previous year, highlighting the role of industrialization in driving demand for plastic wire rolling machines.

Leading companies in the plastic wire rolling machine market are prioritizing innovation, focusing on technologies such as heating tunnel systems to augment production capabilities and uphold stringent quality standards. Heating tunnel systems are industrial equipment designed to provide controlled heating to products moving through a tunnel-like structure, ensuring consistent and uniform heating essential for diverse manufacturing processes. For instance, DOMEKS Machinery LTD., a Turkey-based machine manufacturing company, recently introduced environmentally friendly devices including a compounder, coiler, and spooler. The compounder integrates advanced mixing technology to achieve homogeneous material blending while minimizing energy consumption and emissions. The coiler employs precision automation for optimal wire and cable coiling, reducing material wastage and enhancing operational efficiency. Meanwhile, the spooler incorporates innovative tension control systems to prevent tangling and ensure uniform winding, thereby promoting material conservation and sustainability in manufacturing practices. These advancements underscore the market's commitment to quality enhancement and sustainable production methods.

Major companies operating in the plastic wire rolling machine market are Voestalpine AG, Meccaniche S.p.A., SMS Group GmbH, Bühler Group, Fives Group, KraussMaffei Berstorff GmbH, Davis-Standard LLC, Reifenhauser Group, Windsor Machines Limited, Leistritz Extrusionstechnik GmbH, Battenfeld-Cincinnati (Foshan) Extrusion Systems Ltd., Primetals Technologies Ltd., JSW Plastics Machinery Inc., Everplast Machinery Co. Ltd., Maplan GmbH, Maillefer International, Itoh Denki USA Inc., Carell Corporation, Kolsite Corp. LLP, GRT Machinery Ltd., IDEAL Machinery Inc., Anfimac S.r.l.

Asia-Pacific was the largest region in the plastic wire rolling machine market in 2023. The regions covered in the plastic wire rolling machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the plastic wire rolling machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The plastic wire rolling machine market consists of sales of manual plastic wire winding machine, semi-automatic plastic wire winding machine, automatic plastic wire winding machine, and precision winding machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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