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Rising Packaging Demand Fuels Extruders Market Expansion: A Significant Driver Propelling The Extruders Market In 2025
The Extruders 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 Expected Extruders Market Size During the Forecast Period?
The market size for extruders has been on a consistent growth trajectory in the past few years. The prediction is that it will expand from $10.28 billion in 2024 to $10.76 billion in 2025, boasting a compound annual growth rate (CAGR) of 4.7%. The growth experienced in the preceding period can be linked to the expansion of the plastic industry, the rising demand for food processing equipment, advancements in construction materials, an increased application in the pharmaceutical sector, and a growing consciousness about recycling.
Predictions indicate a significant increase in the extruders market over the next few years, with an estimated value of $13.67 billion by 2029, equivalent to a compound annual growth rate (CAGR) of 6.2%. This projected growth in the upcoming period can be linked to sustainable and biodegradable materials, the production of 3D printing filament, the need for energy-efficient machinery, biomedical material processing, and rapid prototyping in aerospace. The forecast period will also see key trends such as digitalization and industry 4.0, technological advancements, the growing use of 3D printing extruders, the rise in twin-screw extruder adoption and the expanding application of medical extrusion.
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What Are the High-Growth Segments in the Extruders Market?
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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What Key Drivers Are Expected to Influence Future Extruders Market Growth?
The growth of the extruders market is predicted to be spurred on by the progression of the packaging sector. Packaging constitutes the act of enclosing or safeguarding a product within a container for easier distribution, identification, storage, marketing, and usage. A surge in consumer demand for packaged merchandise, fueled by elements such as convenience and the requirement for product security, is resulting in producers investing more heavily in advanced extrusion techniques. These techniques enable the creation of adaptable and eco-friendly packaging methods. These developments are magnified by the adoption of environmentally-friendly substances and packaging design breakthroughs, necessitating sophisticated extrusion procedures for the realization of lightweight, long-lasting, and recyclable items. For instance, in January 2023, rape*rs, a US fashion retail business news company, published a report emphasizing a notable rise in the UK consumer demand for sustainable packaging. The report stated that 64% of purchasers are more inclined to patronize retailers that offer sustainable packaging, and 50% are prepared to pay extra for sustainable packaging and shipping options. As such, the burgeoning packaging industry lends itself to a rise in demand for the extruders market.
Which Companies Hold the Largest Share Across Different Extruders Market Segments?
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.
What Are the Latest Developing Trends in the Extruders Market?
Key players in the extruders market are innovating with advanced extrapolation techniques, capable of generating high-caliber, multi-layer films while ensuring reduced waste and energy use. This improvement in production efficiency is crucial in addressing the ongoing changes in the plastic processing industry. A case in point is Rajoo Engineers Limited, an India-based firm, which unveiled PentaFoil®POD in September 2022. This latest 5-layer blown film line was designed to boost production efficiency and respond to changing customer needs in the plastic processing sector. This avant-garde line employs sophisticated extruders, particularly the relEX 4.0 Extruders. The integration of relEX 4.0 Extruders allows for enhanced performance and output, a significant factor for manufacturers seeking to upgrade their production facilities.
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What Are the Emerging Geographies for The Extruders Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Extruders Market?
2. What is the CAGR expected in the Extruders Market?
3. What Are the Key Innovations Transforming the Extruders Industry?
4. Which Region Is Leading the Extruders Market?
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