Global Extruders Market Overview Covering Forecast Market Size And Growth Rate 2033 | Hillenbrand Inc., Nordson Corporation, The Japan Steel Works Ltd., Kraussmaffei Group GmbH, Coperion GmbH

"The new report published by The Business Research Company, titled ""Extruders Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the extruders market size has grown strongly in recent years. It will grow from $9.92 billion in 2023 to $10.43 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The extruders market size is expected to see strong growth in the next few years. It will grow to $12.85 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7797&type=smp

Rising Packaging Demand Fuels Extruders Market Expansion
The increase in the packaging industry is expected to propel the growth of the extruders market going forward. Packaging refers to the process of enclosing or protecting a product in a container in order to facilitate distribution, identification, storage, promotion, and usage. Extrusion is a commercially effective technique that is increasing in demand across the food sector, including food processing, digital food marketing, and food packaging. For instance, in October 2021, according to a report released by Invest India, an Indian-based national investment promotion and facilitation agency, the packaging sector in India is developing at a CAGR of 22% to 25%. Furthermore, according to the Flexible Packaging Association, a US-based association of manufacturers of flexible packaging; and material or equipment suppliers to the industry, 2021, the US Flexible Packaging market generated $39 billion in sales in 2021. Therefore, the increasing packaging industry is driving the demand for the extruders market.

Technological advancements are a key trend gaining popularity in the extruders market. Major players operating in the market are developing products with advanced technologies to sustain their position in the extruders market. For instance, in March 2021, GEA Group AG, a German-based food processing technology company, launched xTru Twin 140, which provides Powered screws provide consumers up to 40% more capacity while maintaining the same efficiency, quality, and footprint as previous iterations. Furthermore, this high-capacity technology may be applied to additional GEA xTru Twin extruder types adapted to existing machines to improve capacity without modifying the industrial design. The GEA xTru Twin extruders can manufacture a variety of goods, including cereal-based snack pellets that can be die-cut, 2D, 3D, multilayers, square form, punched, and direct expanded; morning cereals; dry pet food; and any other extruded food product.

The extruders market covered in this report is segmented -

1) By Type: Single-Screw Extruder, Twin-Screw Extruder, Ram Extruder
2) By End-User: Building and Construction, Transportation, Consumer Goods, Other End-Users

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7797&type=discount

Major companies operating in the extruders market report are Hillenbrand Inc., Nordson Corporation, The Japan Steel Works Ltd., Kraussmaffei Group GmbH, Coperion GmbH, Shibaura Machine Co. Ltd., Davis-Standard LLC, Reifenhauser GmbH & Co. KG Maschinenfabrik, Clextral S.A.S., Colines S.p.A., Keicher Engineering GmbH, Amut S.p.A., Theysohn Extrusionstechnik GmbH, Macchi S.p.A., Gamma Meccanica S.p.A., Union Officine Meccaniche S.p.A., Battenfeld-Cincinnati Austria GmbH, NFM Welding Engineers Inc., Leistritz AG, BC Extrusion Holding GmbH, Presezzi Extrusion S.p.A., Nanjing USEON Extrusion Equipment Co. Ltd., ENTEK Manufacturing Inc., Kuhne GmbH, W&H-Lengerich Maschinenbau GmbH, Clex Extrusion Technik GmbH, Bandera Luigi Costruzioni Meccaniche S.p.A., Sikora AG, Alpha Marathon Technologies Inc., Welex a Davis-Standard Company, Tecnomatic S.p.A., Kabra Extrusion Technik Ltd.

Contents of the report:
1. Executive Summary
2. Extruders Market Report Structure
3. Extruders Market Trends And Strategies
4. Extruders Market - Macro Economic Scenario
5. Extruders Market Size And Growth
…..
27. Extruders Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/extruders-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.