Global Extruders Market
By End use industry (Transporation, Consumer Goods, Others), By Type (Twin Screw Extruder, Single Screw Extruder, RAM Extruder), By Region (North America, South America, Asia pacific, Europe, Middle East and Africa, Rest of World)
The Global Extruders Market was valued at USD 7.72 billion in 2016 and is projected to reach USD 11.85 billion by 2025, growing at a CAGR of 4.38% from 2017 to 2025.
Due to the increasing population, growing global economy and rising consumer spending have resulted in the increase in demand for goods and vehicles in the emerging economies. This is fueling the growth for the extruders market. Rising demand for metal products, windows and door frames, canopies, bridge decks etc. are also leading to the major growth of the extruders market. This market is targeting the audience from sectors like end use industries, Government bodies, Industry Associations, Investment banks and others.
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1. Market Drivers
1.1 Rise in automotive industry in Asia Pacific.
1.2 High demand for extruded products in the building industry.
2. Market Restraints
2.1 Major rise in cost of raw materials.
The Global Extruders Market is segmented on the basis of End use industry, Type and Region.
1. By End Use Industry.
1.2 Building & Construction
1.3 Consumer Goods
2. By Type:
2.1 Twin Screw Extruder
2.2 Single Screw Extruder
2.3 RAM Extruder
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Middle East and Africa
3.5 Latin America
3.6 Rest of World.
The major players in the market are as follows:
1. Toshiba Machine Co., Ltd.
2. Coperion GmbH
4. Kraussmaffei Group
5. Davis-Standard, LLC
6. Milacron Holdings Corp.
7. The Japan Steel Works, Ltd.
10. Leistritz AG
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Extruders Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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