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Extrusion Machinery Market 2023 - Market Size, Industry Trends, Share, Market Analysis, Key Drivers, Top Major Players And Forecast To 2032
Extrusion Machinery Market Analysis
Extrusion Machinery Market Size, Growth Rate, And Forecast
The global extrusion machinery market size is expected to grow from $7.31 billion in 2022 to $7.65 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global extrusion machinery market is expected to grow to $9.02 billion in 2027 at a CAGR of 4.2%.
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Extrusion Machinery 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.
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Extrusion Machinery Market Segments
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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the extrusion machinery market.
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Extrusion Machinery Market Key Players
Major competitors in the extrusion machinery market include KraussMaffei Technologies GmbH, AMUT S.P.A., Hegler Plastik GmbH, Bausano & Figli S.p.A., Windsor Machines Pvt. Ltd., Milacron, Extrusion Technik USA Inc., Yean Horng Machinery Co. Ltd.
The Business Research Company's "Global Extrusion Machinery Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Extrusion Machinery Market Include:
1. Executive Summary
2. Extrusion Machinery Market Characteristics
3. Extrusion Machinery Market Trends And Strategies
4. Extrusion Machinery Market - Macro Economic Scenario
5. Extrusion Machinery Market Size And Growth
........
26. Africa Extrusion Machinery Market
27. Extrusion Machinery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Extrusion Machinery Market
29. Extrusion Machinery Market Future Outlook and Potential Analysis
30. Appendix
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