Extruders Market Size, Share, & Growth Analysis, 2028

Q: What will be the growth of the market in the coming five years

The extruders market is estimated to grow at a CAGR of 48 by 2028 driven by the demand for extruders is driven by various end use industries including plastics food processing building construction automotive aerospace pharmaceuticals and consumer goods As these industries expand and innovate they require efficient and versatile extrusion processes to manufacture products with desired shapes and properties

Q: Which region is estimated to be dominant in the market in the coming years

Asia Pacific is estimated to remain dominant in the extruders market in the foreseeable future as the construction sector in Asia Pacific is thriving driven by urbanization population growth and infrastructural development As mentioned earlier the building construction industry is a major consumer of extruded products including pipes profiles and various building materials

Q: Which segment has the largest share of the market by type

Single screw extruders are estimated to be dominant in the market in the coming years as single screw extruders are generally more cost effective compared to twin screw extruders both in terms of initial investment and maintenance This affordability appeals to many manufacturers especially those with budget constraints or smaller scale operations

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Report Summary

Table of contents

Market Insights

Extruders refer to a type of machine used in various industries to process and shape materials, typically in a continuous manner. Extruders are widely used in industries such as plastics, food processing, pharmaceuticals, ceramics, and metals, among others. The main purpose of an extruder is to transform raw materials, usually in the form of a viscous or granular substance, into a specific shape or form by applying heat, pressure, and mechanical force.

The rapidly increasing need for the product across the packaging sector, coupled with its large-scale usage in beverages and the rubber industry, has highly influenced the growth of the extruders market. In line with this, the rising demand for extruded products from buildings as well as the construction industry is also acting as a key determinant favoring the growth of the extruders market over the forecast period.

Also, the rapidly growing automotive industry and vehicle production, rising demand from the packaging industries, and escalating preference for extruded products are positively impacting the growth of the extruders market. The major factor accountable for the growth of the market is the expansion in the middle-class population, the increasing global economy, and expanding consumer spending across the world, which has resulted in a high demand for consumer goods.

Demand for extruders fell in 2021 as the COVID-19 pandemic forced industries to shut down and affected consumption across the board, causing demand for plastic packaging to drop. However, demand for plastic packaging, compounding machines, and extruders has rebounded in recent months, reviving hopes for strong growth trajectories for both markets. In addition, the pandemic has also reinforced some factors that increased the demand for extruders.

The industry registered a steep recovery from 2022 onward. The market for extruders is likely to grow at a healthy 4.8 % CAGR over the next five years to reach an estimated value of US$ 12.5 billion in 2028.

Segments' Analysis

Segmentations	List of Sub-Segments	Dominant and Fastest-Growing Segments
Extruder-Type Analysis	Single-Screw, Twin Screw, and Ram	Single-Screw is anticipated to remain the biggest demand generator for extruders in the years to come.
End-use Industry-Type Analysis	Building & Construction, Transportation, and Consumer Goods	Building & Construction are anticipated to remain the biggest segment of the end-use industry for extruders in the years to come.
Regional Analysis	North America, Europe, Asia-Pacific, and The Rest of the World	Asia-Pacific is expected to remain the largest market over the next five years.

Extruder Type

The extruder market is segmented into single-screw, twin screw, and ram. The single-screw segment is expected to remain the largest segment in the market during the forecast period due to the high performance offered by single-screw extruders and low maintenance costs. Single-screw extruders have a simpler design compared to twin-screw extruders, which typically have more complex configurations. Their straightforward construction makes them easier to operate and maintain, attracting a broader range of users across various industries, which is further expected to drive market growth during the forecast period.

End-Use Industry Type

The market is segmented into building & construction, transportation, and consumer goods. Building & construction is anticipated to remain the biggest segment for the end-use industry for extruders, as single-screw and twin-screw extruders are extensively used to manufacture plastic pipes and profiles, which are essential components in the construction sector. Plastic pipes are commonly used in plumbing, drainage, and sewage systems, while profiles are utilized in windows, doors, and other architectural elements, which is further expected to drive market growth during the forecast period.

Regional Analysis

Asia-Pacific is expected to remain the largest market for extruders during the forecast period. Countries like China, India, and Southeast Asian nation have experienced significant industrial growth and development in recent years. This expansion has led to increased demand for extruders across various industries, including plastics, food processing, packaging, and construction, which is further expected to drive market growth during the forecast period.

The extruders market is segmented into the following categories:

By Extruder Type

Single-Screw (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Twin Screw (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Ram (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By End-use Industry Type

Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Region

North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Argentina, and Others)

Key Players

The following are the key players in the extruders market:

BREYER GmbH Maschinenfabrik
Coperion GmbH
Clextral
Davis Standard
Everplast
EXTRUDEX Kunststoffmaschinen GmbH
Gneuss Kunststofftechnik GmbH
Kabra ExtrusionTechnik Ltd.
KraussMaffei
Leistritz Extrusionstechnik GmbH

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s extruders market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
COVID-19 impact and its recovery curve
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for existing and new players
Key success factors

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQ)

What will be the growth of the market in the coming five years?

The extruders market is estimated to grow at a CAGR of 4.8% by 2028, driven by the demand for extruders is driven by various end-use industries, including plastics, food processing, building & construction, automotive, aerospace, pharmaceuticals, and consumer goods. As these industries expand and innovate, they require efficient and versatile extrusion processes to manufacture products with desired shapes and properties.

Who are the key players in the market?

BREYER GmbH Maschinenfabrik, Coperion GmbH, Clextral, Davis Standard, Everplast, EXTRUDEX Kunststoffmaschinen GmbH, Gneuss Kunststofftechnik GmbH, Kabra ExtrusionTechnik Ltd., KraussMaffei, and Leistritz Extrusionstechnik GmbH are the leading players in the extruders market.

Which region is estimated to be dominant in the market in the coming years?

Asia-Pacific is estimated to remain dominant in the extruders market in the foreseeable future as the construction sector in Asia-Pacific is thriving, driven by urbanization, population growth, and infrastructural development. As mentioned earlier, the building & construction industry is a major consumer of extruded products, including pipes, profiles, and various building materials.

Which segment has the largest share of the market by type?

Single-screw extruders are estimated to be dominant in the market in the coming years, as single-screw extruders are generally more cost-effective compared to twin-screw extruders, both in terms of initial investment and maintenance. This affordability appeals to many manufacturers, especially those with budget constraints or smaller-scale operations.

Which segment has the largest share of the market by end-use industry type?

Building and construction is anticipated to remain the biggest segment for the end-use industry for extruders, as single-screw and twin-screw extruders are extensively used to manufacture plastic pipes and profiles, which are essential components in the construction sector.

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