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Extruders & Compounding Machines Market Forecast Research Reports Offers Key Insights 2017 - 2027
Extruder machine is used for both operation extrusion & molding operation, in extrude a screw will rotate developing a sufficient pressure to enforce material to go through the die and produce a product with diverse geometry. Furthermore, compounding is used for plastic formulation of products by mixing or blending of polymer or additive at molten state and this final mixture is dropped into the machine through feeders/hoppers and to produce the desired product. Over the past few years, extruders & compounding machines have gained significant traction in the plastic industry as it is highly reliable and energy efficient. Additionally, the extrusion coating process is gaining noteworthy traction in the packaging industry and including different type of material such as plastic, carton board, aluminum and paper. Owing to continuing roaring demand of extrusion coatings in the flexible packaging, medical packaging and liquid packaging industries is also enforcing the global extruder & compounding machine market during the forecast period. Furthermore, extrusion coating is also used for manufacturing a packing variety of cereal grains, dry chemical and cement. The future stance for the extruders & compounding machine market is projected to persist optimistic and the market is anticipated to witness high CAGR growth throughout the forecast period.
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Extruders & Compounding Machines Market: Dynamics:
Increasing middle-class population, consumer spending and growing global economy across the globe have resulted in increasing demand for consumer goods in embryonic economy. This, in turn, is accelerating the demand for extruded & compounding machines athwart the globe during the forecast period.
Low cost, better flexibility, post-extrusion alterations and optimistic compounding are driving the global extruder & compounding machines market throughout the forecast period. It is expected that high initial investment and product limitation may hinder the market during the forecast period.
The micro compounder technology is gaining high traction owing to its vast application for small stock and it is equipped with backflow channel and bypass valve for intending to reduce the wastage or scrap.
Extruders & Compounding Machines Market: Segmentation:
The global extruder & compounding machines market can be segmented based on Type, End use and application.
By Type, the global extruder & compounding machines market can be segmented as:
Single Screw
Twin Screw
Ram Extruder
By End use, the global extruder & compounding machines market can be segmented as:
Food Industry
Plastic Industry
Medical Industry
Chemical Industry
Others
By Application, the global extruder & compounding machines market can be segmented as:
PVC Cable
Injection Molding compound
Flooring Sheet
Polymer
Others
Extruders & Compounding Machines Market: Region-wise Outlook
Latin America, growing at a high CAGR, is dominating in the global extruder & compounding machines market owing to increased investment in various infrastructure developments such as the construction of the new railroad, airports and shipyards. The Middle East & Africa is also gaining significant traction owing to up surging construction and building industry during the forecast period. On the other hand, Asia-Pacific is also gaining noteworthy tug in the global extruder & compounding machines market owing to increasing demand for extruded and compounded products for the end-use industry. Moreover, increasing demand from the transportation & medical industry as well easy availability of feedstock for manufacturing of metal product and plastic are driving the market in Asia-Pacific.
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Extruders & Compounding Machines Market: Key Participants:
Examples of some of the key participants of the global extruders & compounding machines market are:
BREYER GmbH
battenfeld-cincinnati
Cheng Hua Machinery Co., Ltd.
Coperion GmbH
Everplast Machinery Co., Ltd.
Extrudex Kunststoffmaschinen GmbH
Gneuss Inc.
Jingu group
Eva Compounding Machines
Kabra ExtrusionTechnik Ltd.
LEISTRITZ AG
KraussMaffei Group
Ferromatik Milacron India Pvt. Ltd.
Presezzi Extrusion S.P.A
Reifenhäuser GmbH & Co. KG Maschinenfabrik
SML Maschinengesellschaft mbH
Bainite Machines Private Limited.
The Japan Steel Works, LTD.
TOSHIBA MACHINE CO.,LTD
Uttam Rubtech Machinery (P) Ltd.
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