Forecasts indicate that the extruders and compounding machines market will continue to progress steadily, driven by a Compound Annual Growth Rate (CAGR) of 4.7% expected to prevail between 2022 and 2027. By 2027, it is anticipated to surpass a valuation of US$ 18.21 billion. The global market is currently witnessing significant expansion, with a market size of approximately US$ 14.47 billion in 2022. This remarkable growth can be attributed to the escalating adoption of extruders and compounding machines across a diverse spectrum of industries.
A pivotal catalyst behind this growth is the rapid industrialization sweeping across the globe, coupled with the increasing utilization of plastics in a myriad of applications. Extruders and compounding machines have emerged as pivotal tools in the manufacturing landscape, offering efficient and automated solutions for tasks that were once labor-intensive and physically demanding. In contemporary manufacturing industries, these machines have become indispensable, enabling enhanced production capacities and adaptability to meet evolving consumer preferences.
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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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Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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