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Emerging Extrusion Machinery Market Trends: Advancements In The Extrusion Machinery Market Shaping the Future of the Industry
Extrusion Machinery Market
Extrusion Machinery Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a stable growth in the size of the extrusion machinery market. It is predicted to increase from $7.9 billion in 2024 to $8.25 billion in 2025, with a compound annual growth rate (CAGR) of 4.4%. The surge experienced in the historic period is linked to the growth in industrialization and manufacturing, escalation in construction activities, market requirement, competitive dynamics, and raw material costs.
How Will the Extrusion Machinery Market Size Evolve and Grow by 2029?
In the coming years, the market size for extrusion machinery is projected to experience significant expansion. The market is forecasted to increase to a value of $10.15 billion by 2029, with a compound annual growth rate (CAGR) of 5.3%. Factors contributing to this projected growth within the indicated period include sustainability initiatives, escalating market demand, worldwide trade dynamics, customization needs, and energy efficiency. Key trends that are expected to be observed during this forecast period consist of market enlargement, adaptability and customization, energy efficiency and sustainability, market integration and competition, along with technological advancements.
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What Drivers Are Propelling the Growth of Extrusion Machinery Market Forward?
The surge in requirements for plastic goods is set to drive the expansion of the extrusion machinery market. Synthetic compounds produced from polymers form what we refer to as plastic products. To mould plastic into the diverse shapes, sizes, and structures required to create an array of items, plastic extrusion machines are employed. Consequently, the rising demand for plastic goods will trigger a call for extrusion machinery. For example, the United Nations Environment Programme, an American environmental authority with focus areas like climate, nature, pollution, sustainable development, and more, estimates the global primary plastic production to escalate to 1,100 million tons by 2050 from the existing 400 million tons per year. Astonishingly, 36% of all manufactured plastics are utilized in packaging, including single-use elements for food and beverage containers, which are discarded in landfills or as unmanaged waste in a staggering 85% instances. Thus, the escalating requirements for plastic items are fuelling the expansion of the extrusion machinery market.
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Which Emerging Trends Are Transforming the Extrusion Machinery Market in 2025?
Leading corporations in the extrusion machinery industry are concentrating on the creation of technologically upgraded products, like cutting-edge extrusion machinery, to augment efficiency and adapt to changing industry requisites. This advanced extrusion machinery denotes sophisticated industrial tools utilized for the uninterrupted formation and treatment of substances, particularly metals and plastics, through the usage of heat and stress to manufacture superior-quality, consistent products with increased efficacy and exactness. For instance, in January 2024, a Spain-based business named Exlabesa that focuses on aluminum production initiated a new extrusion assembly line in its latest Portugal facility. Exlabesa has broadened its extrusion potential by integrating a new line with a capacity of 2,800-ton in its newly erec*ted Coimbra, Portugal facilities. This large-scale extrusion assembly line has the ability to process all 6000 series alloys (including 6005, 6060, 6061, 6063, 6082, 6101, and 6106) into billets of a maximum of 8 inches. Besides generating intricate, superior-quality profiles, this additional assembly line promotes the enhancement of industrial procedures, considerably augmenting energy efficiency.
What Are the Key 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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Who Are the Key Players Shaping the Extrusion Machinery Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Extrusion Machinery Market?
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
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