Extruders and Compounding Machines Market Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance
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.
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).
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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.
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
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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.
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