The Feed Screw Barrel Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Feed Screw Barrel Global Market Report 2024, The feed screw barrel market size has grown strongly in recent years. It will grow from $1.63 billion in 2023 to $1.75 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growth in the packaging industry, increasing demand for extrusion processes, rising automation in manufacturing, rising demand for consumer electronics, and a rise in demand for aerospace components.
The feed screw barrel market size is expected to see strong growth in the next few years. It will grow to $2.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing demand for recycled materials growing need for customization, increasing demand for feed screw barrels in the food and beverage industry, and growing need for plastic products. Major trends in the forecast period include technological advancements, adoption of digital technologies, artificial intelligence, smart homes, and increasing partnerships.
The growing plastic industry is expected to propel the growth of the feed screw barrel market going forward. The plastic industry encompasses producing, processing, and distributing plastic materials and products across diverse sectors and consumer applications. The growth of the plastic industry is due to the growing demand for plastic products across industries, driven by technological advancements and increasing consumer needs. Feed screw barrels are essential in the plastic industry, where they facilitate extrusion and injection molding by conveying, melting, mixing, and pressurizing plastic materials within a rotating screw and cylindrical barrel assembly. For instance, in 2024, according to the British Plastics Federation, the UK-based trade association, the United Kingdom’s plastic products manufacturing industry grew from £20.19 billion ($26.25 billion) in 2020 to £22.01 billion ($28.61 billion) in 2021. Therefore, the growing plastic industry is driving the growth of the feed screw barrel market.
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The feed screw barrel market covered in this report is segmented –
1) By Product Type: Single Flight Screw Barrel, Double Flight Screw Barrel, Barrier Screw Barrel, Vented Screw Barrel
2) By Material: Bimetallic, Nitride, Alloy Steel, Other Materials
3) By Application: Extrusion, Injection Molding, Blow Molding, Compounding
4) By End-Use Industry: Plastics Processing, Food And Beverage, Chemical Processing
Major companies operating the feed screw barrels market are focusing on developing innovative technologies, such as extrusion solutions, to improve product quality and meet evolving industry demands. Extrusion solutions refer to technologies and processes used in the manufacturing industry, particularly in plastics and metals, where materials are forced through a die to create continuous profiles, shapes, or parts of uniform cross-sections. For instance, in June 2024, CPM Extricom Extrusion GmbH, a Germany-based manufacturer of twin-screw extrusion equipment, launched a twin-screw extruder system. These solutions integrate advanced features such as precision control systems, modular design flexibility for scalability, and high-efficiency processing capabilities. CPM’s extrusion solutions are engineered to optimize production efficiency, enhance product quality, and adapt seamlessly to evolving industry needs.
The feed screw barrel market report table of contents includes:
1. Executive Summary
2. Feed Screw Barrel Market Characteristics
3. Feed Screw Barrel Market Trends And Strategies
4. Feed Screw Barrel Market – Macro Economic Scenario
5. Global Feed Screw Barrel Market Size and Growth
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32. Global Feed Screw Barrel Market Competitive Benchmarking
33. Global Feed Screw Barrel Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Feed Screw Barrel Market
35. Feed Screw Barrel Market Future Outlook and Potential Analysis
36. Appendix
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