The global Extruders market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Key drivers for the market growth include rising demand of extruded products from the side of youth and teenagers, advancement in technology of extrusion process, increasing demand from construction industry and increasing demand from the packaging industry. However, side effects of extruders are hampering the market growth. In addition, increasing demand for extruders from emerging economies provides huge growth opportunity for the market.
Global Extruders market segmented on the basis of type, end-user and region.
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Ram Extruder Laminates Dominate the Global Extruders Market
Based on type, global extruders market segmented into ram extruder, single screw extruder and twin screw extruder. Ram Extruder held considerable market share during predicted period. The ram extruder process is a special unit that can be either horizontally or vertically oriented. The ram extruder was the earliest extruder to be used in the plastics industry. This typical process is applied for producing profiles, sleeves, rod, block, tubing, lining sheet bars, etc. The ram extrusion process is very effective for specific materials like PTFE which are not extruded successfully using screw extruder.
Asia Pacific Leads the Global Extruders market
PBI’s global Extruders market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. Asia Pacific accounted for larger revenue share in global extruders market with considerable CAGR. The Growth in this region can be attributed to availability of feedstock for manufacturing plastic and metal products easily. Also, rising disposable income of consumers, growing population and rapid urbanization are other factors responsible for the market growth.
Strategic New Product Launches are the key strategies adopted by market players
Global Extruders market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, In Sept 2018, Coperion GmbH launched a completely flexible continuous pharma extrusion system suitable for research and development, as well as for small-scale production. This ZSK 18 MEGAlab extruder fulfills the requirements for both wet extrusion and hot melt extrusion (HME) processes. Key player’s profiles in the report are Battenfeld-Cincinnati (Germany), Clextral (France), Coperion GmbH (Germany), Davis-StandardLLC (US), KraussMaffei (Germany), LEISTRITZ AG (Germany), Milacron
Holdings Corp. (US), NFM (US), PRESEZZI EXTRUSION S.p.A. (Italy), The Japan Steel WorksLtd. (Japan) and Toshiba Machine Co.Ltd. (Japan).
Precision Business Insights (PBI) in its report titled “Global Extruders Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.
o Ram Extruder
o Single Screw Extruder
o Twin Screw Extruder
By End User
o Building & Construction
o Consumer Appliances
o North America
Rest of Europe
Australia & New Zealand
ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
Rest of Asia-Pacific
o Latin America
Rest of Latin America
o Middle East and Africa (MEA)
Gulf Cooperation Council (GCC) Countries
Rest of MEA
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