The global market for extruders and compounding machines has achieved a significant milestone, reaching a substantial valuation of approximately US$ 14.47 billion in 2022. This impressive growth trajectory is underpinned by the escalating adoption of these machines across a wide spectrum of industries. Projections indicate that the market is set to maintain a steady Compound Annual Growth Rate (CAGR) of 4.7% between 2022 and 2027, ultimately surpassing a valuation of US$ 18.21 billion by 2027.
The global landscape of industrialization is evolving rapidly, and the growing prevalence of plastics in various applications has thrust extruders and compounding machines into the spotlight. What was once manual labor, characterized by strenuous physical effort, has now transitioned to the realm of modern machinery, with extruders at the forefront. Manufacturing industries, recognizing the efficiency and productivity gains offered by these machines, are increasingly integrating extruders and compounding machines into their operations. This strategic shift not only enables them to expand production capacities but also adapt to evolving consumer preferences and market demands.
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Global Extruders and Compounding Machines Market: Dynamics Impacting Growth
Increase in the demand for plastics across several regions in the globe, integration if IIoT in the field of compounding and extrusion, increasing threshold in cable manufacturing sector, increased use of extruders and compounding machines in small and medium scale industries, rising food and beverage sector across the globe especially in emerging economies, increasing trade policies supporting the market’s growth, and increasing demand from construction, consumer goods and packaging industries have supported the growth of the global extruders and compounding machines market.
Factors such as strict government regulations on using non-green machines, problems associated with BREXIT and stringent regulations on plastic products have posed restraints to the market’s growth.
Global view of the market in a nutshell
Global extruders and compounding machines market research report focuses on several trends, drivers, restraints and opportunities across important regions in the globe. This provides a global view of the market covering all key areas thus putting forth an all-inclusive market picture in front of the reader. This research report is expected to support the reader to get an in-depth market understanding and assess various regions with optimum potential in order to slate informed decisions, devise strategies and execute them to achieve an edge over the competition. Also, the research report excludes biasness giving a more realistic angle to the market insights and statistics.
Global Extruders and Compounding Machines Market: Competitive Landscape
The global extruders and compounding machines market research report has included key player analysis covering several facets such as financials, developments, expansion strategies and product portfolios of key companies dealing with extruders and compounding machines. Key companies such as
- Toshiba Machine Co., Ltd.,
- The Japan Steel Works Ltd.,
- Coperion GmbH,
- Battenfeld-Cincinnati,
- NFM Welding Engineers, Inc.,
- Clextral S.A.S.,
- KraussMaffei Berstorff GmbH,
- Leistritz AG,
- Davis-Standard, LLC,
- Theysohn Extrusionstechnik GmbH,
- Everplast Machinery Co., Ltd.,
- Breyer GmbH,
- Rajoo Engineers Limited,
- Gneuss Kunststofftechnik GmbH,
- Cheng-Hua Machinery Co., Ltd.,
- Kabra Extrusion Technik Ltd., and
- SML Machine gesellschaftmbH are covered in this research study.
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Extruders and Compounding Machines Market by Category
By Product Type:
- Single Screw
- Twin Screw
- Ram Extruders
By Application:
- Speciality Plastics
- PVC Cable
- Master Batch Production
- Flooring Sheet
- Others
By End Use Industry:
- Food Industry
- Chemical Industry
- Plastic Industry
- Medical/Pharmaceutical
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
- Japan
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