According to a new market research report published by Global Insight Services “ Extruders Market is expected to reach US$ bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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An extruder is a machine that forces raw material through a die, or mold, to create a desired shape. Extruders are commonly used in the plastics industry to create products such as pipes, tubing, and hoses. They can also be used to create metal parts such as pipes and tubing.
Top Key Players in Extruders market: The Japan Steel Works Ltd., Hilenbrand Inc., Shibaura Machine Co. Ltd, KraussMaffei Group GmbH, Battenfeld-Cincinnati, NFM, Clextral
Key Trends
1. Increasing demand for higher output and productivity2. Improved screw design for better mixing and melt quality3. Greater emphasis on energy efficiency4. More use of automation and process control
Key Drivers
The key drivers of the extruders market are the growing demand for processed and packaged food, the increasing demand for plastics in the automotive and construction industries, and the need for energy-efficient and cost-effective manufacturing processes.The growing demand for processed and packaged food, due to the changing lifestyles of consumers, is the major driver of the extruders market. The processed food industry uses extruders for a variety of applications, such as pasta, cereal, snacks, and pet food.
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Market Segments
The Extruders Market is segmented by extruder type, end-use industry and region. By extruder type the market is divided into single-screw, twin-screw and ram. Based on end-use industry it is segmented into building & construction, transportation and consumer goods. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Reasons to buy Extruders Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
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