The extrusion machinery market size is expected to see steady growth in the next few years. It will grow to $9.64 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to sustainability initiatives, rising market demand, global trade dynamics, customization requirements, energy efficiency. Major trends in the forecast period include market expansion, customization and flexibility, energy efficiency and sustainability, market consolidation and competition, technological advancements.
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Scope Of Extrusion Machinery Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Extrusion Machinery Market Overview
Market Drivers –
The growing demand for plastic products is expected to boost the growth of the extrusion machinery market going forward. Plastic products refer to synthetically produced compounds that are made from polymers. Plastic extrusion machines are used to shape plastic into the variety of shapes, sizes, and structures needed to produce a wide range of items. Hence, the growing demand for plastic products will result in demand for extrusion machinery. For instance, according to the United Nations Environment Programme, a US-based authority for the environment with programs focusing on climate, nature, pollution, sustainable development, and more, the global primary plastic output is expected to increase to 1,100 million tons by 2050 from the current 400 million tons per year. And a whopping 36% of all plastics made are used in packaging, including single-use items for food and drink containers that are disposed of in landfills or as uncontrolled trash in a whopping 85% of cases. Therefore, the growing demand for plastic products is driving the growth of the extrusion machinery market.
Market Trends –
Product innovation is the key trend gaining popularity in the extrusion machinery market. Major companies operating in the extrusion machinery market are focusing on developing innovative products to strengthen their market position. For instance, in September 2021, Uniloy Inc., a US-based blow molding machine and mold technology company, launched the all-electric Uniloy UCS.E continuous extrusion shuttle machine. The unique feature of UCS.E is its focus on producing bottles, containers, and technological components in sizes ranging from 50 ml to 30 l. Its processing capabilities allow users to create anything from small cosmetic containers to huge industrial packaging, and it has co-extrusion capabilities of up to 7 layers, including bio-resins and post-consumer resins (PCR). The UCS.E consumes 40% less energy than a conventional hydraulic shuttle machine due to Uniloy’s all-electric platform.
The extrusion machinery market covered in this report is segmented –
1) By Type: Single-Screw, Twin-Screw
2) By Material: Metals, Polymers, Concrete, Ceramics, Foodstuffs
3) By Process: Cold Extrusion, Hot Extrusion, Friction Extrusion, Other Processes
4) By End-Use: Construction, Consumer Goods, Automotive, Packaging, Other End-Uses
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Regional Insights –
North America was the largest region in the extrusion machinery market in 2023. The regions covered in the extrusion machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the extrusion machinery market report are KraussMaffei Technologies GmbH, AMUT S.P.A., Hegler Plastik GmbH, Bausano & Figli S.p.A., Windsor Machines Pvt. Ltd., Milacron LLC, Extrusion Technik USA Inc., Yean Horng Machinery Co. Ltd., Everplast Machinery Co. Ltd., Graham Engineering Corporation, Reifenhauser Inc., Kabra ExtrusionTechnik Ltd., ITIB MACHINERY INTERNATIONAL s.r.l., UNION Officine Meccaniche S.p.A., BC Extrusion Holding GmbH, The Japan Steel Works Ltd., Welding Engineers Inc., Davis-Standard LLC, Coperion GmbH, Leistritz AG, SMS group GmbH, Toshiba Machine Co. Ltd., Gneuss Kunststofftechnik GmbH, Macro Engineering & Technology Inc., Nanjing Haisi Extrusion Equipment Co. Ltd., USEON (Nanjing) Extrusion Machinery Co. Ltd., CPM Extrusion Group, Bandera Luigi Costruzioni Meccaniche S.p.A., BREYER Maschinenfabrik GmbH, Plasmec S.p.A., SML Maschinengesellschaft mbH, Sino-Alloy Machinery Inc., R&B Plastics Machinery LLC, Sarei Machinery & Mould Co. Ltd. .
Table of Contents
1. Executive Summary
2. Extrusion Machinery Market Report Structure
3. Extrusion Machinery Market Trends And Strategies
4. Extrusion Machinery Market – Macro Economic Scenario
5. Extrusion Machinery Market Size And Growth
…..
27. Extrusion Machinery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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