The Extruders Market Size was valued at USD 10.04 billion in 2023, and is expected to reach USD 14.28 billion by 2031, and grow at a CAGR of 4.5% over the forecast period 2024-2031.
The extruders market has growing popular due to increase in demand of extruders in various industries. Manufacturers across industries seek efficient production, and extruders deliver this with consistent, high-quality output. Technological advancements like 3D printing integration unlock new possibilities.
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Growing demand for plastic and rubber goods, driven by factors like urbanization, necessitates more extruders. focus on sustainability is leading to the development of energy-efficient extruders, allowing manufacturers to be eco-friendly without sacrificing efficiency. However, the high upfront cost of setting up extruders can be a hurdle, especially for smaller businesses. Despite this challenge, the long-term benefits of efficient production and the potential for innovation continue to propel the extruders market forward.
KEY DRIVERS:
Extruders market is growing due to a surge in demand for plastic and metal products.
The demand for machines that shape plastic and metal, known as extruders, is thriving due to a surge in plastic and metal products. A report by Plastics Europe revealed a staggering 368 million tons of plastic produced alone. This growing global population and increased spending on consumer goods and vehicles. the building and construction industry is experiencing rapid expansion, further propelling the extruders market. Adding to the demand for extruders is the economic boom in many Asian countries. As these economies flourish, the need for extruded products, like pipes and building materials, inevitably rises. In short, a combination of population growth, consumer spending habits, a booming construction sector, and economic advancements in Asia are all contributing to the increasing demand for plastic and metal products, which in turn fuels the extruders market.
RESTRAIN:
High upfront investment, ongoing maintenance costs, and the need for R&D can limit extruder market growth.
High initial and ongoing costs associated with running an extruder plant. Setting up a manufacturing facility requires a substantial upfront capital investment, making financing a major challenge. Manufacturers also need to dedicate resources to research and development (R&D) to stay ahead of the curve. This is crucial for developing innovative features and maintaining a competitive product portfolio. before investing in a plant, companies must meticulously analyze the regional demand for extruded products. This ensures they cater to an existing market and avoid costly miscalculations. Another significant cost factor is extruder maintenance. These machines require meticulous, scheduled maintenance to prevent breakdowns and production delays. Unfortunately, breakdowns can be catastrophic, often requiring the replacement of the entire system, leading to even steeper maintenance costs.
OPPORTUNITY:
Extruders market embraces technological progress in various industry.
The extruders market is currently focused on cost-efficiency and regulatory compliance. These machines, used to shape materials like metals and plastics into continuous, customized profiles, cater to a demand for practicality. the industry faces a reliance on the raw material prices set by the crude oil and metal markets. Resins like polyethylene (PE), polypropylene (PP), aluminum, and steel are all crucial components in the extrusion process. Looking ahead, advancements in extrusion methods and related technologies offer exciting possibilities for manufacturers. These innovations have the potential to significantly improve production efficiency, allowing companies to get more out of their extruders. This focus on efficiency aligns well with the current market's emphasis on cost-effectiveness. By embracing these technological advancements, the extrusion industry can position itself for continued growth and success.
CHALLENGES:
New regulations challenge the extruder market, but innovation and rising demand for extruded goods.
The extruder market faces a multi-pronged challenge. High upfront costs, fierce competition, and volatile raw material prices can strain profitability. Economic downturns further dampen demand,while staying ahead of the curve with new technologies requires constant R&D investment. Environmental regulations add another layer of complexity, forcing manufacturers to adapt their processes to meet stricter standards. The extruder market remains resilient, driven by innovation and the ever-growing demand for extruded products.
The Russia-Ukraine war has majorly affected the extruder market, due to this disruptions loom as Russia, a key supplier of aluminum globally, faces sanctions. Surging energy prices, oil & gas up 500% in Europe threaten extruder machinery production. Businesses, facing economic uncertainty and expect a recession to delay equipment investments. However, there's potential for adaptation. The market might shift to Asia currently holding 40% of the market share and explore alternatives like bioplastics. While the war presents challenges, the extruder market might navigate these obstacles through innovation and strategic shifts.
An economic downturn has slowed down the extruder market, Weakened consumer spending due to the downturn can trigger a slowdown in demand for extruded products in sectors like construction, automotive, and consumer goods. This translates to fewer extruders being needed, and businesses might also delay equipment investments due to economic uncertainty. Additionally, increased competition during downturns can lead to price wars, squeezing profit margins for extruder manufacturers. there's potential to navigate these challenges. The focus might shift towards efficient extruders that minimize waste and production costs, appealing to companies prioritizing cost-effectiveness. Manufacturers might be incentivized to develop more affordable extruders or explore alternative materials, potentially opening up the market to new customers.
By Extruder Type
Single-Screw Extruder
Twin-Screw Extruder
Ram Extruder
Single-screw extruders sub-segment dominated the global extruder market in 2023 by extruder type. These utilize a single rotating screw within a cylindrical barrel to continuously convey and shape molten plastic through a die, resulting in a consistent product profile. Screw speed dictates the production rate, typically measured in kilograms or pounds per hour. Their simple design makes them ideal for high-volume production of parts with uniform profiles, such as window frames, house siding, and weather stripping. However, achieving the desired final form relies heavily on die design. As the molten plastic exits the die, it can expand, necessitating careful engineering to maintain precise dimensions. In some cases, complex die configurations are required for intricate profiles. Despite this limitation, single-screw extruders offer several advantages over their twin-screw counterparts, which will be discussed in the following section.
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By End-Use Industry
Building & Construction
Transportation
Consumer Goods
Others
The Asia-Pacific region reigns supreme in the extruder market, capturing a commanding 40% share in 2023. China, a global leader in plastic extruder production, sits at the heart of this dominance. Chinese plastic extrusion machines boast a well-deserved reputation for quality and reliability, making them a go-to choice for manufacturers worldwide. This dominance extends beyond China's borders. The plastic extruder industry currently holds a leading market share of over 50%, fueled by several factors. A significant number of extruder manufacturers in China, coupled with the country's low labor costs and booming domestic demand for plastics, create a powerful economic driver. Furthermore, Chinese manufacturers demonstrate agility in adopting new technologies, keeping them at the forefront of the industry. As China's economic engine continues to grow, so does the demand for plastic products. This has spurred the rapid expansion of the Chinese plastic extruder industry, significantly impacting the global market. Cost-effective production compared to competitors abroad has led to a surge in demand for Chinese-made plastic extruders, potentially shaping the global plastics market for years to come.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of the major players in the Extruders Market are 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., SML Maschinengesellschaft mbH, and other players.
In 13th January 2023: DSM Engineering Materials has unveiled two new materials specifically designed for injection molding. These materials, FLX40-HP and FLX-LP, will be used as liner materials for hydrogen storage tanks, expanding DSM's Akulon fuel lock product line.
In October 2022: Trinseo, a specialty materials provider, and JSW EU, a manufacturer of industrial plastics machinery, are teaming up to advance chemical recycling of polymethyl methacrylate (PMMA). JSW EU will supply a depolymerization extruder and related technologies to Trinseo, along with ongoing technical support. This partnership aims to create a more sustainable solution for PMMA, a versatile plastic used in various applications.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 10.04 Billion |
| Market Size by 2031 | US$ 14.28 Billion |
| CAGR | CAGR of 4.5% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By extruder type (Single-Screw Extruder, Twin-Screw Extruder, Ram Extruder) • By end-use industry (Building & Construction, Transportation, Consumer Goods, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | The Japan Steel Works, Ltd., BC Extrusion Holding GmbH, Shibaura Machine Co., Ltd., Keicher Engineering GmbH, Leistritz AG, USEON (Nanjing) Extrusion Machinery Co., Ltd, Presezzi Extrusion S.p.A., Davis-Standard, LLC, Milacron Holdings Corp., Theysohn Extrusionstechnik GmbH, NFM / Welding Engineers, Inc., and other players. |
| DRIVERS | • A growing global economy and more money being spent by consumers • The construction industry is growing in a way that looks good. • There is a growing need for the product in the packaging industry, and it is also used a lot in the beverage and rubber industries. |
| Restraints | • High costs to start up and keep going will slow down growth. |
Ans: Building & Construction, Transportatin, Consumer Goods and Others are the sub-segments of by end user segment.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: The pandemic had a bad effect on the extruders industry. Due to the pandemic, many countries around the world put themselves on lockdown to stop the virus from spreading. This broke the link between supply and demand, which hurt the market. Due to the pandemic, industries, factories, infrastructure projects, and mining have all been put on hold for the past two years.
Ans: The car business and the number of cars being made are growing quickly and Constant improvements in technology and new products are the opportunity for Extruders Market.
Ans: Extruders Market size was USD 10.04 billion in 2023 and is expected to Reach USD 14.28 billion by 2031.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact Of Russia Ukraine War
5.2 Impact of Economic Slowdown
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Average Selling Price
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East & Africa
10. Extruders Market Segmentation, By Extruder Type
10.1 Introduction
10.2 Trend Analysis
10.3 Single-Screw Extruder
10.4 Twin-Screw Extruder
10.5 Ram Extruder
11. Extruders Market Segmentation, By End-Use Industry
11.1 Introduction
11.2 Trend Analysis
11.3 Building & Construction
11.4 Transportation
11.5 Consumer Goods
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Extruders Market By Country
12.2.3 North America Extruders Market By Extruder Type
12.2.4 North America Extruders Market By End-Use Industry
12.2.5 USA
12.2.5.1 USA Extruders Market By Extruder Type
12.2.5.2 USA Extruders Market By End-Use Industry
12.2.6 Canada
12.2.6.1 Canada Extruders Market By Extruder Type
12.2.6.2 Canada Extruders Market By End-Use Industry
12.2.7 Mexico
12.2.7.1 Mexico Extruders Market By Extruder Type
12.2.7.2 Mexico Extruders Market By End-Use Industry
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Extruders Market By Country
12.3.2.2 Eastern Europe Extruders Market By Extruder Type
12.3.2.3 Eastern Europe Extruders Market By End-Use Industry
12.3.2.4 Poland
12.3.2.4.1 Poland Extruders Market By Extruder Type
12.3.2.4.2 Poland Extruders Market By End-Use Industry
12.3.2.5 Romania
12.3.2.5.1 Romania Extruders Market By Extruder Type
12.3.2.5.2 Romania Extruders Market By End-Use Industry
12.3.2.6 Hungary
12.3.2.6.1 Hungary Extruders Market By Extruder Type
12.3.2.6.2 Hungary Extruders Market By End-Use Industry
12.3.2.7 Turkey
12.3.2.7.1 Turkey Extruders Market By Extruder Type
12.3.2.7.2 Turkey Extruders Market By End-Use Industry
12.3.2.8 Rest of Eastern Europe
12.3.2.8.1 Rest of Eastern Europe Extruders Market By Extruder Type
12.3.2.8.2 Rest of Eastern Europe Extruders Market By End-Use Industry
12.3.3 Western Europe
12.3.3.1 Western Europe Extruders Market By Country
12.3.3.2 Western Europe Extruders Market By Extruder Type
12.3.3.3 Western Europe Extruders Market By End-Use Industry
12.3.3.4 Germany
12.3.3.4.1 Germany Extruders Market By Extruder Type
12.3.3.4.2 Germany Extruders Market By End-Use Industry
12.3.3.5 France
12.3.3.5.1 France Extruders Market By Extruder Type
12.3.3.5.2 France Extruders Market By End-Use Industry
12.3.3.6 UK
12.3.3.6.1 UK Extruders Market By Extruder Type
12.3.3.6.2 UK Extruders Market By End-Use Industry
12.3.3.7 Italy
12.3.3.7.1 Italy Extruders Market By Extruder Type
12.3.3.7.2 Italy Extruders Market By End-Use Industry
12.3.3.8 Spain
12.3.3.8.1 Spain Extruders Market By Extruder Type
12.3.3.8.2 Spain Extruders Market By End-Use Industry
12.3.3.9 Netherlands
12.3.3.9.1 Netherlands Extruders Market By Extruder Type
12.3.3.9.2 Netherlands Extruders Market By End-Use Industry
12.3.3.10 Switzerland
12.3.3.10.1 Switzerland Extruders Market By Extruder Type
12.3.3.10.2 Switzerland Extruders Market By End-Use Industry
12.3.3.11 Austria
12.3.3.11.1 Austria Extruders Market By Extruder Type
12.3.3.11.2 Austria Extruders Market By End-Use Industry
12.3.3.12 Rest of Western Europe
12.3.3.12.1 Rest of Western Europe Extruders Market By Extruder Type
12.3.2.12.2 Rest of Western Europe Extruders Market By End-Use Industry
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia Pacific Extruders Market By Country
12.4.3 Asia Pacific Extruders Market By Extruder Type
12.4.4 Asia Pacific Extruders Market By End-Use Industry
12.4.5 China
12.4.5.1 China Extruders Market By Extruder Type
12.4.5.2 China Extruders Market By End-Use Industry
12.4.6 India
12.4.6.1 India Extruders Market By Extruder Type
12.4.6.2 India Extruders Market By End-Use Industry
12.4.7 Japan
12.4.7.1 Japan Extruders Market By Extruder Type
12.4.7.2 Japan Extruders Market By End-Use Industry
12.4.8 South Korea
12.4.8.1 South Korea Extruders Market By Extruder Type
12.4.8.2 South Korea Extruders Market By End-Use Industry
12.4.9 Vietnam
12.4.9.1 Vietnam Extruders Market By Extruder Type
12.4.9.2 Vietnam Extruders Market By End-Use Industry
12.4.10 Singapore
12.4.10.1 Singapore Extruders Market By Extruder Type
12.4.10.2 Singapore Extruders Market By End-Use Industry
12.4.11 Australia
12.4.11.1 Australia Extruders Market By Extruder Type
12.4.11.2 Australia Extruders Market By End-Use Industry
12.4.12 Rest of Asia-Pacific
12.4.12.1 Rest of Asia-Pacific Extruders Market By Extruder Type
12.4.12.2 Rest of Asia-Pacific Extruders Market By End-Use Industry
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Extruders Market By Country
12.5.2.2 Middle East Extruders Market By Extruder Type
12.5.2.3 Middle East Extruders Market By End-Use Industry
12.5.2.4 UAE
12.5.2.4.1 UAE Extruders Market By Extruder Type
12.5.2.4.2 UAE Extruders Market By End-Use Industry
12.5.2.5 Egypt
12.5.2.5.1 Egypt Extruders Market By Extruder Type
12.5.2.5.2 Egypt Extruders Market By End-Use Industry
12.5.2.6 Saudi Arabia
12.5.2.6.1 Saudi Arabia Extruders Market By Extruder Type
12.5.2.6.2 Saudi Arabia Extruders Market By End-Use Industry
12.5.2.7 Qatar
12.5.2.7.1 Qatar Extruders Market By Extruder Type
12.5.2.7.2 Qatar Extruders Market By End-Use Industry
12.5.2.8 Rest of Middle East
12.5.2.8.1 Rest of Middle East Extruders Market By Extruder Type
12.5.2.8.2 Rest of Middle East Extruders Market By End-Use Industry
12.5.3 Africa
12.5.3.1 Africa Extruders Market By Country
12.5.3.2 Africa Extruders Market By Extruder Type
12.5.3.3 Africa Extruders Market By End-Use Industry
12.5.3.4 Nigeria
12.5.3.4.1 Nigeria Extruders Market By Extruder Type
12.5.3.4.2 Nigeria Extruders Market By End-Use Industry
12.5.3.5 South Africa
12.5.3.5.1 South Africa Extruders Market By Extruder Type
12.5.3.5.2 South Africa Extruders Market By End-Use Industry
12.5.3.6 Rest of Africa
12.5.3.6.1 Rest of Africa Extruders Market By Extruder Type
12.5.3.6.2 Rest of Africa Extruders Market By End-Use Industry
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Extruders Market By Country
12.6.3 Latin America Extruders Market By Extruder Type
12.6.4 Latin America Extruders Market By End-Use Industry
12.6.5 Brazil
12.6.5.1 Brazil Extruders Market By Extruder Type
12.6.5.2 Brazil Extruders Market By End-Use Industry
12.6.6 Argentina
12.6.6.1 Argentina Extruders Market By Extruder Type
12.6.6.2 Argentina Extruders Market By End-Use Industry
12.6.7 Colombia
12.6.7.1 Colombia Extruders Market By Extruder Type
12.6.7.2 Colombia Extruders Market By End-Use Industry
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Extruders Market By Extruder Type
12.6.8.2 Rest of Latin America Extruders Market By End-Use Industry
13. Company Profiles
13.1 Toshiba Machine Co., Ltd.
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 The Japan Steel Works Ltd.
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Coperion GmbH
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Battenfeld-Cincinnati
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 NFM Welding Engineers, Inc.
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Clextral S.A.S.
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 KraussMaffei Berstorff GmbH
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Leistritz AG
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Davis-Standard, LLC
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Theysohn Extrusionstechnik GmbH
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Everplast Machinery Co., Ltd.
13.11.1 Company Overview
13.11.2 Financial
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
13.12 Breyer GmbH
13.12.1 Company Overview
13.12.2 Financial
13.12.3 Products/ Services Offered
13.12.4 SWOT Analysis
13.12.5 The SNS View
13.13 Rajoo Engineers Limited
13.13.1 Company Overview
13.13.2 Financial
13.13.3 Products/ Services Offered
13.13.4 SWOT Analysis
13.13.5 The SNS View
13.14 Gneuss Kunststofftechnik GmbH
13.14.1 Company Overview
13.14.2 Financial
13.14.3 Products/ Services Offered
13.14.4 SWOT Analysis
13.14.5 The SNS View
13.15 Cheng-Hua Machinery Co.
13.15.1 Company Overview
13.15.2 Financial
13.15.3 Products/ Services Offered
13.15.4 SWOT Analysis
13.15.5 The SNS View
13.16 Kabra Extrusion Technik Ltd.
13.16.1 Company Overview
13.16.2 Financial
13.16.3 Products/ Services Offered
13.16.4 SWOT Analysis
13.16.5 The SNS View
13.17 SML Maschinengesellschaft mbH
13.17.1 Company Overview
13.17.2 Financial
13.17.3 Products/ Services Offered
13.17.4 SWOT Analysis
13.17.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases And Best Practices
16. Conclusion
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