Global Rubber Mixing Machine Marke Size Will Reach $478 Million in 2023

A rubber mixing machine, also known as a rubber extruder, is a machine used for rubber hot refining, pressing, breaking, plasticizing, and mixing, and is also an extremely important industrial equipment.

Analysis of Global Rubber Mixing Machine Segmentation Market

According to the different raw materials, rubber mixing machines are usually divided into two categories: open-type and closed-type. Open-type rubber mixing machines are mainly used for rubber hot refining, pressing, breaking, plasticizing, and mixing. Its structure is simple and has been used in production since 1826, and it is still widely used today. Closed-type rubber mixing machines are mainly used for plastic and mixing of rubber. They have an additional mixing chamber than open-type rubber mixers. Since the invention of the elliptical rotor closed-type rubber mixer in 1916, it has developed rapidly in the rubber industry. Among the two product types, open-type rubber mixing machines are more widely used due to their lightweight and lower cost compared to closed-type rubber mixers. According to our research data, the estimated size of the global open-type rubber mixing machine segment market in 2023 is $284 million, and the market share is expected to reach 59.41%.

Global Rubber Mixing Machine Market Size and Share Forecast by Type, Application, and Region in 2023

Source: www.globalmarketmonitor.com

Overview of Global Rubber Mixing Machine Market Development and Analysis of Competitive Pattern

In recent years, due to the rapid development of the global rubber industry, the demand for high-quality and high-performance rubber products in various fields has increased, and the global rubber mixing machine market has steadily grown. In addition, the rise of emerging markets, especially in Asia and Africa, has also provided huge growth opportunities for the rubber mixing machine market. According to our research data, the total size of the global rubber mixing machine market is expected to reach $478 million in 2023 and may continue to increase to $528 million by 2025.

From the perspective of market competition, the concentration of the global rubber refining machine market is relatively low. According to our data, the total output value of rubber machines by the top 3 companies in the industry in 2020 was $131 million, with a market share of 27.41%. The top 3 companies were HF Mixing Group, Mitsubishi Heavy Industries, and KOBE STEEL, LTD. The proportion of rubber machine output value by these three companies in the global total output value in 2020 was 15.79%, 8.61%, and 6.94%, respectively.