Blown Film Extrusion Machines Market Size, Share, Growth, and Industry Analysis, By Type (3 Layer Blown Film Extrusion Machines, 7 Layer Blown Film Extrusion Machines, and Others), By Application (PE, PP, PVC, and Others) and Regional Insights and Forecast to 2031

Updated On: 29 April 2024

BLOWN FILM EXTRUSION MACHINES MARKET REPORT OVERVIEW

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The global blown film extrusion machines market size was USD 1082.1 million in 2022 and will touch USD 1374.2 million by 2029, exhibiting a CAGR of 3.4% during the forecast period.

Blown film extrusion machines are essential equipment used in the plastic film manufacturing process. These machines transform raw plastic resin into thin, continuous plastic film by extruding the molten polymer through a circular die. The process involves inflating the extruded tubular film with air, creating a bubble that is subsequently cooled and collapsed into a flat sheet. The resulting film can be used for various applications, including packaging materials, industrial liners, and agricultural films. Blown film extrusion machines offer versatility in producing films with different properties, thicknesses, and materials, making them a crucial component in the plastics manufacturing industry.

These machines come in various configurations to accommodate different production requirements. Key components include the extruder, die, air ring, cooling system, and winding unit. Advanced blown film extrusion machines incorporate features like automatic thickness control, gauge monitoring, and integration with Industry 4.0 technologies for enhanced efficiency and quality control. As the demand for flexible and sustainable packaging solutions grows, blown film extrusion machines play a vital role in meeting the diverse needs of industries worldwide.

COVID-19 Impact: Market Growth Boosted by Pandemic due to Adaptation to Remote Work and Automation

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The economic slowdown and lockdown measures in various regions resulted in reduced demand for certain products, impacting industries that extensively use blown film extrusion machines. For instance, sectors such as packaging, which are significant consumers of plastic films produced by these machines, experienced shifts in demand patterns. The pandemic led to disruptions in global supply chains, affecting the availability of raw materials and components for manufacturing blown film extrusion machines. Delays and shortages in the supply chain could have impacted the production and delivery schedules of these machines.

Investments in new machinery and production lines may have been delayed or reconsidered by businesses facing economic uncertainties during the pandemic. This could have led to postponed or canceled projects involving the purchase of blown film extrusion machines. The pandemic accelerated trends towards remote work and increased automation. Companies in the blown film extrusion machines industry may have needed to adapt to new ways of working, explore automation solutions, and invest in technologies that allow for remote monitoring and control of machinery. The global blown film extrusion machines market growth is anticipated to boost following the pandemic.

LATEST TRENDS

"Advanced Control Systems to Drive Market Growth"

Ongoing developments focus on improving control systems for blown film extrusion machines. Advanced algorithms for thickness control, auto-die gap adjustment, and overall process optimization contribute to higher precision and product quality. Blown film extrusion machine manufacturers are increasingly incorporating Industry 4.0 technologies for improved automation, real-time monitoring, and data analytics. This integration allows for enhanced process control, predictive maintenance, and overall operational efficiency.

Advances in multilayer film extrusion technology allow manufacturers to produce films with specific barrier properties, enabling applications in food packaging and other industries. This development provides enhanced flexibility and customization for film producers. Manufacturers are focusing on designing blown film extrusion machines with improved energy efficiency. This includes innovations in heating and cooling systems, as well as the integration of energy-efficient components to reduce overall energy consumption during the extrusion process.

BLOWN FILM EXTRUSION MACHINES MARKET SEGMENTATION

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• By Type

Based on type the global market can be categorized into 3 Layer Blown Film Extrusion Machines, 7 Layer Blown Film Extrusion Machines, and Others.

3 Layer Blown Film Extrusion Machines: 3-layer blown film extrusion machines are designed to produce plastic films with three distinct layers. Each layer may consist of different materials or additives, offering enhanced functionalities such as barrier properties, strength, and flexibility, making them suitable for various packaging applications.

7 Layer Blown Film Extrusion Machines: 7-layer blown film extrusion machines are advanced systems capable of producing plastic films with seven individual layers. These machines enable precise control over layer distribution and composition, allowing for the creation of films with specific properties, such as improved barrier performance, compatibility with different contents, and enhanced product protection in diverse packaging applications.

• By Application

Based on application the global market can be categorized into PE, PP, PVC, and Others.

PE: Polyethylene is a widely used thermoplastic polymer known for its versatility and low cost. It comes in various forms, including high-density polyethylene (HDPE) and low-density polyethylene (LDPE), and is commonly employed in packaging, containers, pipes, and a range of consumer products due to its excellent chemical resistance and flexibility.

PP: Polypropylene is a thermoplastic polymer with high strength and heat resistance. It is commonly utilized in packaging, textiles, automotive components, and medical devices. PP is valued for its lightweight nature, durability, and recyclability.

PVC: Polyvinyl chloride is a versatile thermoplastic with a range of applications, including construction materials, electrical cables, and medical devices. PVC can be rigid or flexible, and its properties can be tailored for specific uses. Despite its versatility, environmental concerns related to PVC production and disposal exist.

DRIVING FACTORS

"Advancements in Film Technology to Boost the Market"

Ongoing innovations in film technology, such as the development of multilayer films with specific properties, drive the need for advanced blown film extrusion machines. Manufacturers seek machines that can produce films with enhanced barrier properties, durability, and customization options to meet diverse industry requirements. The expanding packaging industry, driven by the increasing demand for flexible and efficient packaging solutions, is a significant driver. Blown film extrusion machines are essential for producing plastic films used in packaging applications, ranging from food packaging to industrial materials.

"Rise in Agricultural Film Applications to Expand the Market"

The use of plastic films in agriculture for applications like greenhouse covers, mulching, and silage protection has increased. Blown film extrusion machines are essential for producing films used in agricultural applications, contributing to the overall growth of the agricultural film market. The growth of industries such as pharmaceuticals, textiles, and construction, which use plastic films for various applications, fuels the demand for blown film extrusion machines. These machines cater to the diverse needs of different industries by producing films with specific properties tailored to each sector.

RESTRAINING FACTOR

"Volatility in Raw Material Prices to Potentially Impede Market Growth"

The blown film extrusion industry is sensitive to fluctuations in raw material prices, particularly those of polymer resins. Sudden and unpredictable changes in raw material costs can impact the profitability of film producers and affect the economic viability of using blown film extrusion machines. Evolving and stringent regulations related to the use of certain types of plastics, additives, or the recycling of materials can pose challenges for the blown film extrusion industry. Compliance with environmental standards may require investments in new technologies or changes in manufacturing processes.

BLOWN FILM EXTRUSION MACHINES MARKET REGIONAL INSIGHTS

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"Asia Pacific to Dominate the Market due to Manufacturing Activities "

The market is primarily segmented into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

Asia Pacific has emerged as the most dominant region in the global blown film extrusion machines market share due to several factors. The Asia-Pacific region has been a major hub for manufacturing activities, including plastics and packaging. The robust industrial growth, expanding population, and increased demand for packaged goods in this region could contribute to a significant share in the blown film extrusion machines market. Additionally, investments in infrastructure and technology have boosted the plastics and packaging industry.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The blown film extrusion machines market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in cloth wardrobes, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.

List of Market Players Profiled

• Plasco Engineering Inc. [Canada]
• Chyi Yang Industrial Co., Ltd. [Taiwan]
• Ye I Machinery Factory Co. Ltd. [Taiwan]
• Windsor Machines Ltd. [India]
• Kung Hsing Plastic Machinery Co. Ltd. [Taiwan]

INDUSTRIAL DEVELOPMENT

October 2023: Windsor Machines Ltd. took significant strives ahead in the blown film extrusion machines market. They recently developed Windsor HMH Dual Bubble Blown Film Line. The Windsor HMH Dual Bubble Blown Film Line is designed for producing high-quality plastic films with various applications in the packaging industry. Dual bubble technology allows for enhanced efficiency and flexibility in film production, making it suitable for a range of materials and thicknesses.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.