Press release
Global Feed Screw Barrel Market Projected to Surpass $2.53 Billion by 2029 with 7.5% Annual Growth
Feed Screw Barrel
The growing plastic industry is expected to drive the feed screw barrel market. As plastic demand rises across industries, the plastic industry continues to expand. Feed screw barrels are essential components in plastic manufacturing processes, particularly in extrusion and injection molding. The Pacific Collective projected that plastic production would triple by 2060, potentially reaching 1.1 billion tons per year. This continued growth in the plastic industry is driving the feed screw barrel market.
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What is the projected compound annual growth rate (CAGR) of the feed screw barrel market from 2025 to 2034, and what factors influence it?
The feed screw barrel market has grown steadily in recent years. It will increase from $1.75 billion in 2024 to $1.89 billion in 2025 at a CAGR of 7.9%. Growth drivers include the packaging industry's expansion, increased demand for extrusion processes, rising automation in manufacturing, demand for consumer electronics, and growth in aerospace component production.
The feed screw barrel market is expected to reach $2.53 billion by 2029 at a CAGR of 7.5%. Growth is driven by the increased demand for recycled materials, customization needs, and demand from the food and beverage industry. Trends include technological advancements, digital technologies, AI adoption, smart homes, and partnerships.
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How are the latest trends influencing the growth of the feed screw barrel market?
Companies in the feed screw barrels market are focusing on the development of innovative technologies like extrusion solutions to enhance product quality and meet the evolving demands of the industry. Extrusion solutions involve technologies used in manufacturing processes where materials are pushed through a die to create uniform parts or shapes. For example, in June 2024, CPM Extricom Extrusion GmbH, a Germany-based manufacturer, introduced a new twin-screw extruder system. These systems include advanced features like precision control, modular design for scalability, and high-efficiency processing, designed to improve production efficiency and product quality while adapting to changing industry needs.
What are the major segments of the feed screw barrel market and their role in driving growth?
The feed screw barrel market covered in this report is segmented -
1) By Product Type: Single Flight Screw Barrel, Double Flight Screw Barrel, Barrier Screw Barrel, Vented Screw Barrel
2) By Material: Bimetallic, Nitride, Alloy Steel, Other Materials
3) By Application: Extrusion, Injection Molding, Blow Molding, Compounding
4) By End-Use Industry: Plastics Processing, Food And Beverage, Chemical Processing
Subsegments
1) By Single Flight Screw Barrel: Standard Single Flight Screw Barrel, High-Performance Single Flight Screw Barrel
2) By Double Flight Screw Barrel: Standard Double Flight Screw Barrel, High-Performance Double Flight Screw Barrel
3) By Barrier Screw Barrel: Standard Barrier Screw Barrel, High-Performance Barrier Screw Barrel
4) By Vented Screw Barrel: Single Vent Vented Screw Barrel, Double Vent Vented Screw Barrel
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Which geographical regions are pioneering growth in the feed screw barrel market?
Asia-Pacific was the largest region in the feed screw barrel market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the feed screw barrel 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 feed screw barrel market?
Major companies operating in the feed screw barrel market are Spirex Corporation, Milacron LLC, Windsor FeedScrews Inc., Entek International, Battenfeld-Cincinnati, Xaloy Inc., Wenger Manufacturing Inc., Hi-Tech Industries, Dynisco, Euro Tech Machinery, Reiloy USA, ADG Solutions Inc., Wexco Industries, W-J Incorporated, TWS. ltd, Concor Tool and Machine Inc., Precision Feedscrews Inc, American Screw and Barrel Inc., Raj Engineering Works, Candian Feed Screws Mfg.Ltd., TIR Feed Screws and Barrels, Cpm Extricom Extrusion Gmbh, Flite Technology, United Feed Screws, Rauwendaal Extrusion Engineering Inc., BR Engineering Works
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What Is Covered In The Feed Screw Barrel Global Market Report?
•Market Size Forecast: Examine the feed screw barrel market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the feed screw barrel market for a structured understanding.
•Key Players Overview: Analyze major players in the feed screw barrel market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the feed screw barrel market.
•Segment Contributions: Evaluate how different segments drive overall growth in the feed screw barrel market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the feed screw barrel market.
•Industry Challenges: Identify potential risks and obstacles affecting the feed screw barrel market.
•Competitive Landscape: Review strategic developments in the feed screw barrel market, including expansions, agreements, and new product launches.
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