Press release
Extruders Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Extruders Market Share
The growth of the extruders market is predicted to be propelled by the expansion of the packaging industry. This sector comprises the act of enclosing or safeguarding a product in a container to streamline distribution, recognition, storage, promotion and use. The ongoing increase in consumer demand for packaged goods, boosted by factors like convenience and the requirement for product safety, is leading manufacturers to invest more in cutting-edge extrusion technologies for creating flexible and eco-friendly packaging solutions. This trend is further accelerated by a tilt towards environment-friendly materials and advancements in packaging design, necessitating high-level extrusion processes to produce light, durable, and reusable products. For example, in January 2023, Drapers, a US-based fashion retail business news agency, reported a substantial growth in the demand for sustainable packaging among UK consumers. According to the report, 64% of consumers are more inclined to shop from retailers offering sustainable packaging, and 50% are ready to pay extra for sustainable packaging coupled with delivery solutions. Hence, the escalating packaging industry fuels the demand for the extruders market.
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What is the projected compound annual growth rate (CAGR) of the extruders market from 2025 to 2034, and what factors influence it?
In recent times, the extruders market has witnessed a consistent expansion. The market value is predicted to escalate from $10.28 billion in 2024 to $10.76 billion in 2025, maintaining a compound annual growth rate (CAGR) of 4.7%. Factors such as the burgeoning plastic industry, rising demand for food processing equipment, advancements in building materials, expanding use in the pharmaceutical sector, and heightened recycling awareness are responsible for this historical growth period.
Anticipated robust growth in the extruders market in the coming years is set to elevate its worth to $13.67 billion by 2029, with a compound annual growth rate (CAGR) of 6.2%. The projected growth within this time frame can be credited to the utilization of sustainable and biodegradable materials, the production of 3D printing filament, the demand for energy-efficient machines, the processing of biomedical materials, and the expeditious prototyping in the aerospace sector. There are several leading trends predicted for the forecast period, including industry 4.0 and digitalization, advancements in technology, a surge in the use of 3D printing extruders, wider acceptance of twin-screw extruders, and a rise in its application within medical extrusion.
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How are the latest trends influencing the growth of the extruders market?
Leading participants in the extruders market are pioneering advanced extrusion technologies capable of generating superior multi-layer films, while reduced waste and energy use. Such advancements increase production effectiveness and meet the changing requirements of the plastic processing sector. Rajoo Engineers Limited, an Indian manufacturer, unveiled a new-generation 5-layer blown film line, the PentaFoil®POD, in September 2022, specifically to improve manufacturing effectiveness and address the dynamic customer needs within the plastic processing industry. This revolutionary line integrates advanced extruders, including the relEX 4.0 Extruders specifically. The integration of the relEX 4.0 Extruders offers optimized performance and output, crucial for manufacturers seeking to augment their production abilities.
What are the major segments of the extruders market and their role in driving growth?
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
Subsegments:
1) By Single-Screw Extruder: General-Purpose Single-Screw Extruders, High-Performance Single-Screw Extruders
2) By Twin-Screw Extruder: Co-Rotating Twin-Screw Extruders, Counter-Rotating Twin-Screw Extruders
3) By Ram Extruder: Direct Ram Extruders, Indirect Ram Extruders
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Which regions are key players in the growth of the extruders market?
Asia-Pacific was the largest region in the extruders market in 2024. The regions covered in the extruders market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the extruders market?
Major companies operating in the extruders market include 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.
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What Is Covered In The Extruders Global Market Report?
•Market Size Forecast: Examine the extruders market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the extruders market for a structured understanding.
•Key Players Overview: Analyze major players in the extruders market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the extruders market.
•Segment Contributions: Evaluate how different segments drive overall growth in the extruders market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the extruders market.
•Industry Challenges: Identify potential risks and obstacles affecting the extruders market.
•Competitive Landscape: Review strategic developments in the extruders market, including expansions, agreements, and new product launches.
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