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Chicago, October 19, 2021 /PRNewswire , North America, Europe, South America, Middle East and Africa)-Global Forecast to 2026", released by MarketsandMarkets™, it is estimated that the extruder market will reach $11.5 billion by 2026, with a compound annual growth rate of 4.4%. 2021 will be 93 One hundred million U.S. dollars. This increase is mainly triggered by the growing demand in the construction and construction industry. Due to strict industrial standardization related to the rapid growth of the construction industry in emerging countries such as China, India, Japan, and South Korea, the Asia-Pacific region is the largest extruder market. This area is estimated to be the most populous area in the world, which creates a huge opportunity for the growth of the extruder market.

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The single screw extruder is the largest extruder type in the extruder market.

Single-screw extruders are expected to continue to occupy the leading share during the forecast period due to their low maintenance costs and flexibility in extruding common materials such as HDPE, LDPE, PP and polycarbonate. Single screw extruders are used to manufacture products such as extruded sheets, films, pipes, fibers and profiles. Terminal industries such as construction and construction, consumer goods, medical, agriculture, and transportation are increasingly using plastic products, which drives the global demand for single-screw extruders.

During the forecast period, construction and construction is expected to become the largest end-use industry in the extruder market.

Construction and construction is the largest end industry in the extruder market; in terms of value, in the global market in 2020. The industry’s demand for extruders is expected to increase, mainly due to increasing infrastructure spending in developing economies such as China, India, Brazil, and Middle Eastern countries. Extruders are used to manufacture products such as insulation materials, soffits, pipes, cable sheaths, building frames, door and window frames, storefronts and wall cladding, which are used for internal and external foundations in the construction and construction industries. The growth of the building and construction terminal industry is mainly triggered by the huge demand in the Asia-Pacific region.

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The Asia-Pacific region is expected to be the largest extruder market during the forecast period.

The Asia-Pacific region is the largest market for extruders, followed by North America and Europe. The region is an emerging market for extruders, mainly due to high economic growth, followed by heavy investment in industries such as oil and gas, automobiles, infrastructure, chemicals, steel and military. With the economic shrinkage and saturation of the European and North American markets, demand is shifting to the Asia-Pacific region. The rapid economic growth of emerging countries and the increase in the disposable income of the people in the region have made the Asia-Pacific region an attractive market for extruders. The growing population and growing demand for various extrusion products in the Asia-Pacific region are the main reasons for the high demand for extruders in the region.

The main market participants introduced in the report include Japan Steel Works Co., Ltd. (Japan), Hilenbrand Inc. (U.S.), Shibaura Machinery Co., Ltd. (Japan), KraussMaffei Group Co., Ltd. (Germany), Battenfeld Cincinnati ( Germany), NFM (United States), Clextral (France) and Leistritz AG (Germany), etc.

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Browse adjacent markets: equipment machinery and tools market research reports and consulting

By machine type (hydraulic, all-electric and hybrid), clamping force (0-200, 201-500 and above 500), product type (plastic, rubber and metal), end-use industry (automotive, packaging) and region- Global forecast to 2025

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