Press release
Global Extruders Market Set to Reach USD 14.9 B by 2032 at ~6% CAGR
Extruders Market
The global Extruders market is on a strong upward trajectory-valued at approximately USD 7.5 billion in 2023, it's expected to reach USD 12.3 billion by 2033 (CAGR ~6.1%) . Other forecasts estimate growth from USD 10 billion in 2023 to USD 14.9 billion by 2032 at a 4.5% CAGR
Market drivers include surging demand across packaging, food processing, automotive, construction, and pharmaceuticals. Extrusion innovations-such as twin‐screw machines, digital integration, energy-efficient motors, and AI/IoT-are reshaping manufacturing
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◉ Market Highlights
2023 value: USD 7.5 B; 2033 forecast: USD 12.3 B at ~6.1% CAGR
Alternate outlook: USD 10 B → USD 14.9 B (2023-2032; 4.5% CAGR)
Single-screw extruders held ~45% share in 2023; twin-screw leads in plastics (~60%)
Dominant application: Plastics (65%), followed by food, pharma, building materials
Asia-Pacific led market revenue (~50% share) in 2023
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◉ Competitive Landscape
Key players include Bühler, Extrutech, Schaaf Technologie, Jwell, Milacron, Brabender, Entek, Clextral, Ikegai, and Bonnot . They lead with advanced twin-screw systems, smart automation, and sustainable extrusion technologies.
◉ Regional Demand & High-Growth Hotspots
North America (~25-28% share): driven by packaging, automotive & construction, along with digitalization and green push
Europe (~22-27%): strong in sustainability, recycling and lightweight auto parts
Asia-Pacific (fastest growth ~6-8% CAGR): led by China, India, Japan, South Korea-booming infrastructure & manufacturing
◉ Country-Specific Insights
Vietnam: Opportunity Growth in Extrusion Machinery
Vietnam's rising F&B, packaging, and construction sectors are fueling demand for single- and twin-screw extruders. Companies are investing in compact, energy-efficient systems to support local manufacturing.
Thailand: Trends in Automated Extruder Adoption
Thai manufacturers are increasingly deploying advanced twin-screw extruders with energy-efficient motors and AI monitoring, partnering with European and North American OEMs to upgrade production lines.
Japan: Consolidation & Smart Tech Growth
Japan leads in high-precision extrusion, especially twin-screw machines for specialty plastics and food. Domestic OEMs are merging with digital-tech firms to embed AI and IoT into extrusion platforms.
South Korea: Updation & Innovation in Extrusion
Korean firms deploy automated, smart extruders combined with recycling capabilities. Collaborations with Entek and Clextral support extrusion of bioplastics and advanced materials while optimizing energy use.
Singapore: Benchmarking Opportunity in Industry 4.0
As an industrial innovation hub, Singapore is adopting digital extrusion lines-integrating AI, sensor-based quality control, and sustainable material processing for high-value product runs.
United States: Consolidation & Digital Acceleration
The U.S. market is seeing consolidation among OEMs like Milacron and Brabender, investing heavily in IoT-enabled and energy-efficient extrusion lines for packaging and automotive industries.
China: Growth & Integration Trends
China remains extrusion powerhouse, with ~50% of global market-expanding capacity in plastics, food, pharma, and fast-following Europe's recycling push . Joint ventures with foreign OEMs are accelerating deployment of smart extrusion solutions.
Europe: Trends & Compliance Growth
Europe leads sustainability in extrusion. Companies like Bühler, Schaaf, and Entek deliver extruders that process recycled materials and bioplastics. Regulatory demand for energy savings is driving smart upgrades.
To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/extruders-market/2798/
◉ Extruders Market Segment Analysis:
by Machine Type
Single Screw Extruder
Twin Screw Extruder
Ram Extruder
by End Use Industry
Building & Construction
Transportation
Consumer Goods
Others
◉ Mergers & Acquisitions Highlights
US Extruders partnered with Colin Sutherland (Aug 2024) to expand product scope
Vintech acquired Rehau Automotive's extrusion unit, boosting capabilities (Nov 2024)
Novatec took over Reel Power's downstream line (Sep 2024); Davis‐Standard acquired Extrusion Technology GR (Feb 2024)
◉ Key Recent Developments
Entek launched advanced twin-screw extruder (Mar 2024) with higher efficiency across plastics, chemicals & food
Manufacturers increasingly incorporate AI/IoT for real-time monitoring and predictive maintenance
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◉About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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