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Evolving Market Trends In The Extrusion Machinery Industry: Advancements In The Extrusion Machinery Market
The Extrusion Machinery Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Extrusion Machinery Market Size and Its Estimated Growth Rate?
The market size of extrusion machinery has seen consistent growth over the past few years. Predicted to rise from $7.9 billion in 2024 to $8.25 billion in 2025, this market is set to experience a compound annual growth rate (CAGR) of 4.4%. The growth witnessed in the historic timeline can be credited to factors such as industrialization and growth in manufacturing, an upsurge in construction activities, market demand, competition in the marketplace, and raw material costs.
In the following years, the extrusion machinery market is predicted to experience significant expansion. It is projected to reach a value of $10.15 billion by 2029, growing at a compounded annual growth rate (CAGR) of 5.3%. The surge in growth during the forecast period is expected to be due to factors such as sustainability measures, increasing market demand, international trade dynamics, customisation necessities, and energy efficiency. Principal trends for the forecast duration encompass market growth, customisation and adaptability, energy efficiency and sustainability, market amalgamation and rivalry, alongside technological breakthroughs.
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What Are the High-Growth Segments in the Extrusion Machinery Market?
The extrusion machinery market covered in this report 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
Subsegments:
1) By Single-Screw: General-Purpose Single-Screw Extruders, Barrier Screw Extruders, Co-Rotating Single-Screw Extruders
2) By Twin-Screw: Co-Rotating Twin-Screw Extruders, Counter-Rotating Twin-Screw Extruders, Intermeshing Twin-Screw Extruders
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What Key Drivers Are Expected to Influence Future Extrusion Machinery Market Growth?
The escalating need for plastic goods is predicted to propel the development of the extrusion machinery sector going forward. Plastic goods are synthetically manufactured compounds derived from polymers. Machines for plastic extrusion are utilized to mold plastic into numerous sizes, shapes, and structures necessary to make a vast assortment of items. Thus, the escalating demand for plastic goods will yield a demand for extrusion machinery. To illustrate, the United Nations Environment Programme, which is US-based and focuses on climate, nature, pollution, sustainable development, and more, anticipates the world's primary plastic production will rise to 1,100 million tons by 2050 from the current 400 million tons per annum. An astonishing 36% of all plastic produced is devoted to packaging, particularly single-use items for food and drink containers, which are discarded in landfills or as free-flowing rubbish in an overwhelming 85% of situations. Hence, the escalating demand for plastic goods is fueling the expansion of the extrusion machinery market.
Which Companies Hold the Largest Share Across Different Extrusion Machinery Market Segments?
Major companies operating 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 LLC, Extrusion Technik USA Inc., Yean Horng Machinery Co. Ltd., Everplast Machinery Co. Ltd., Graham Engineering Corporation, Reifenhauser Inc., Kabra ExtrusionTechnik Ltd., ITIB MACHINERY INTERNATIONAL s.r.l., UNION Officine Meccaniche S.p.A., BC Extrusion Holding GmbH, The Japan Steel Works Ltd., Welding Engineers Inc., Davis-Standard LLC, Coperion GmbH, Leistritz AG, SMS group GmbH, Toshiba Machine Co. Ltd., Gneuss Kunststofftechnik GmbH, Macro Engineering & Technology Inc., Nanjing Haisi Extrusion Equipment Co. Ltd., USEON (Nanjing) Extrusion Machinery Co. Ltd., CPM Extrusion Group, Bandera Luigi Costruzioni Meccaniche S.p.A., BREYER Maschinenfabrik GmbH, Plasmec S.p.A., SML Maschinengesellschaft mbH, Sino-Alloy Machinery Inc., R&B Plastics Machinery LLC, Sarei Machinery & Mould Co. Ltd.
What Trends Are Driving Growth in The Extrusion Machinery Market?
In the extrusion machinery market, leading companies are emphasizing the development of technologically superior products, like cutting-edge extrusion machinery, to boost efficiency and cater to the changing needs of the industry. Cutting-edge extrusion machinery entails sophisticated industrial tools designed for uninterrupted shaping and processing of materials, particularly metals and plastics, applying heat and pressure to yield top-quality, uniform products with improved efficiency and precision. For example, in January 2024, a new extrusion line was introduced by Exlabesa, a company based in Spain that specializes in the production of aluminum items, at its latest plant in Portugal. By adding a new 2,800-ton line to its newly built facilities in Coimbra, Portugal, Exlabesa has increased its extrusion capacity. This high-capacity extrusion line is able to process all 6000 series alloys (including 6005, 6060, 6061, 6063, 6082, 6101, and 6106) into billets of up to 8 inches. This new line, besides creating intricate, top-quality profiles, also boosts industrial process optimization, thereby significantly enhancing energy efficiency.
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What Are the Emerging Geographies for The Extrusion Machinery Market Growth?
North America was the largest region in the extrusion machinery market in 2024. The regions covered in the extrusion machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Extrusion Machinery Market?
2. What is the CAGR expected in the Extrusion Machinery Market?
3. What Are the Key Innovations Transforming the Extrusion Machinery Industry?
4. Which Region Is Leading the Extrusion Machinery Market?
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