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Extrusion Machinery Market Report 2023-2032: Market Size, Demand, Key Trends And Outlook | KraussMaffei Technologies GmbH, AMUT S.P.A., Hegler Plastik GmbH, Bausano & Figli S.p.A., Windsor Machines Pvt. Ltd
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Extrusion Machinery Global Market Report 2023 identifies growing demand for plastic products as the major driver for the Extrusion Machinery market's growth in the forecast period. 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.
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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Major competitors in the Extrusion Machinery market are KraussMaffei Technologies GmbH, AMUT S.P.A., Hegler Plastik GmbH, Bausano & Figli S.p.A., Windsor Machines Pvt. Ltd.
A key trend in the Extrusion Machinery market includes Product innovation. Major companies operating in the extrusion machinery market are focusing on developing innovative products to strengthen their market position. For instance, in September 2021, Uniloy Inc., a US-based blow molding machine and mold technology company, launched the all-electric Uniloy UCS.E continuous extrusion shuttle machine. The unique feature of UCS.E is its focus on producing bottles, containers, and technological components in sizes ranging from 50 ml to 30 l. Its processing capabilities allow users to create anything from small cosmetic containers to huge industrial packaging, and it has co-extrusion capabilities of up to 7 layers, including bio-resins and post-consumer resins (PCR). The UCS.E consumes 40% less energy than a conventional hydraulic shuttle machine due to Uniloy's all-electric platform.
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The Extrusion Machinery market is segmented -
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
5. 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.
The Business Research Company's "Global Extrusion Machinery Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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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