The global demand for Extruders Market is presumed to reach the market size of nearly USD 14.88 MN by 2028 from USD 10.3 MN in 2021 with a CAGR of 5.4% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Units in 2021 and forecast to touch XX Units by 2028 with a CAGR of XX% during 2022-2028.
An extruder is a screw pump that revolves in a fixed barrel with a tight fit. It is divided into four sections: the feeding system, the pre-conditioner, the extruder barrel, and the knife cutter. The flighted screw, a worm revolving within a sleeve or barrel, is the most often used extruder. Tire threads, tubing, and wire covers are examples of long continuous goods made with these machines. Extruders also find application in the production of a wide variety of food products. Extruders come in various shapes and sizes and are devised and built to suit the number of screws, process type, and product to be processed.
Market Dynamics
The rapidly increasing demand for the product across the packaging business, combined with its widespread use in the beverage and rubber industries, is pushing the market forward. In addition, the rise in demand for extruded items from the building and construction industries is also expected to favor the extruders market's growth. The fast-growing automotive industry and automobile manufacturing, rising packaging demand, and growing demand for extruded products are expected to contribute to the extruders market's growth. However, elevated production costs, and inadequate effectiveness and dependability, may function as impediments to expanding the extruder market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of extruders. The growth and trends of Extruders Industry provide a holistic approach to this study.
Market Segmentation
This section of the extruders market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Extruder Type
- Single-Screw Extruder
- Twin-Screw Extruder
- Ram Extruder
By End-Use Industry
- Building & Construction
- Transportation
- Consumer Goods
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Extruders market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Extruders Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the extruders market include Japan Steel Works Ltd. (Japan), Hilenbrand Inc. (US), Shibaura Machine Co. Ltd (Japan), KraussMaffei Group GmbH (Germany), Battenfeld-Cincinnati (Germany), NFM (US), Clextral (France), and Leistritz AG (Germany). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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