Global Plastics Processing Machinery Strategic Industry Report 2024: Market to Reach $32.7 Billion by 2030, Driven by the Next Wave of Change with Emerging Technologies [Yahoo! Finance]
Hillenbrand Inc (HI)
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Source: Yahoo! Finance
Global Plastics Processing Machinery Market to Reach $32.7 Billion by 2030 The global market for Plastics Processing Machinery estimated at US$22.5 Billion in the year 2022, is projected to reach a revised size of US$32.7 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. The rise of plastics and its widespread usage in the 21st century form the cornerstone for the expansion of plastic processing machinery. Amid dynamic factors, the global economic update and manufacturing PMI serve as crucial indicators. This machinery, encompassing various types like injection molding machines and extrusion machinery, anticipates stable demand in the near to mid-term. Injection molding machines see improved growth, while extrusion machinery benefits from a resurgence in construction activity and demand from medical and packaging sectors. Injection Molding Machines, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$14.3 Bill
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News
- Hillenbrand Reports Fiscal Second Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Hillenbrand Reports Fiscal Second Quarter 2024 ResultsPR Newswire
- Local manufacturer's new CEO is introduced [Yahoo! Finance]Yahoo! Finance
- [Latest] Global Injection Molding Market Size/Share Worth USD 431.6 Billion by 2033 at a 5.1% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value) [Yahoo! Finance]Latest
- Hillenbrand to Showcase Plastics Processing and Recycling Solutions at NPE2024, the Largest Plastics Industry Trade Show in the AmericasPR Newswire
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Earnings
- 4/30/24 - Beat
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Sec Filings
- 5/6/24 - Form 4
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- 5/6/24 - Form 4
- HI's page on the SEC website