A recent publication titled “Extruders and Compounding Machines Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” reveals several market acumen with respect to key trends, developments, key players, drivers and restraints across key regions in the globe. Future projections on this market have been chalked to assess the growth path of the market. An in-depth market segmentation is carried out that explores every angle of the market with which relevant acumen can be obtained. A forecast analysis for a period of 10 years has been drawn that can support the reader in slating future moves.
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Global Extruders and Compounding Machines Market: Forecast Highlights
The global market for extruders and compounding machines is expected to grow at a moderate value CAGR of 4.7% during the period of forecast, 2017-2027. The global extruders and compounding machines market was valued at around US$ 11 Bn in 2017 and is estimated to reach a valuation of more than US$ 18 Bn by the end of the year of assessment (2027).
Global Extruders and Compounding Machines Market: Dynamics Impacting Growth
Increase in the demand for plastics across several regions in the globe, integration if IIoT in the field of compounding and extrusion, increasing threshold in cable manufacturing sector, increased use of extruders and compounding machines in small and medium scale industries, rising food and beverage sector across the globe especially in emerging economies, increasing trade policies supporting the market’s growth, and increasing demand from construction, consumer goods and packaging industries have supported the growth of the global extruders and compounding machines market. Factors such as strict government regulations on using non-green machines, problems associated with BREXIT and stringent regulations on plastic products have posed restraints to the market’s growth.
Extruders and Compounding Machines Market 1.6x increase in sales revenue from 2017 to 2027The global extruders and compounding machines market is expected to exhibit moderate growth rate throughout the period of assessment, 2017-2027. Demand for extruders and compounding machines has been experiencing an upward trend with respect to growth since 2012, however during the 2012-2017 period, this market did not witness a higher increase in revenue.
The 2017-2027 timeline is more positive for the sales of extruders and compounding machines as per market observations and is anticipated to witness a 1.6x growth in revenue during this timeline. Global revenues are estimated to reach a valuation of more than US$ 18 Bn by the end of 2027 from a value of about US$ 11.5 Bn in 2017.
Also, sales are expected to reflect this estimation owing to a moderate value CAGR of 4.7% during the period of forecast. The sales of the extruder and compounding machines are industry driven. Their sales are influenced by the increasing demand from various end use industries such as food, chemicals, plastics and medical or pharmaceutical industries.
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Global Extruders and Compounding Machines Market: Key Segmental Outlook
The global extruders and compounding machines market is segmented on the basis of product type, application, end use industry and region.
- By product type, the adoption of twin screw is expected to dramatically rise in the coming years. This makes the twin screw segment highly attractive and it is projected to grow at the fastest rate to reach a high valuation by the end of the forecast period
- In the application category, speciality plastics segment is estimated to reflect a higher valuation than other application segments thus leading the global market. Moreover, the master batch production segment is projected to grow at a significant pace in the coming years
- By end use industry, plastics industry segment and food and beverage segment have largely contributed to the growth of the global extruders and compounding machines market. Plastics industry segment leads the way
- In the region category, Asia Pacific excluding Japan (APEJ) is anticipated to radiate high market attractiveness. The extruders and compounding machines market in APEJ region is the largest with a significant market valuation and is projected to expand at a high value CAGR of 5.7% throughout the period of forecast
Global Extruders and Compounding Machines Market: Competitive Landscape
The global extruders and compounding machines market research report has included key player analysis covering several facets such as financials, developments, expansion strategies and product portfolios of key companies dealing with extruders and compounding machines. Key companies such as Toshiba Machine Co., Ltd., The Japan Steel Works Ltd., Coperion GmbH, Battenfeld-Cincinnati, NFM Welding Engineers, Inc., Clextral S.A.S., KraussMaffei Berstorff GmbH, Leistritz AG, Davis-Standard, LLC, Theysohn Extrusionstechnik GmbH, Everplast Machinery Co., Ltd., Breyer GmbH, Rajoo Engineers Limited, Gneuss Kunststofftechnik GmbH, Cheng-Hua Machinery Co., Ltd., Kabra Extrusion Technik Ltd., and SML Maschinengesellschaft mbH are covered in this research study.
Extruders and Compounding Machines Market TaxonomyWeighted market segmentation is essential to garner key insights on each and every aspect. Below is a detailed market taxonomy covering various segments of the global extruders and compounding machines market.
By Product Type
- Single Screw
- Twin Screw
- Ram Extruders
By Application
- Speciality Plastics
- PVC Cable
- Master Batch Production
- Flooring Sheet
- Others
By End Use Industry
- Food Industry
- Chemical Industry
- Plastic Industry
- Medical/Pharmaceutical
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
- Japan