Extruder and Compounding Machine Market

Extruder and Compounding Machine Market Outlook 2024 to 2034

The extruder and compounding machine market is estimated to remain steady throughout the forecast period, expanding at a CAGR of 4.2%. The market size is expected to extrapolate from USD 75.53 billion in 2024 to USD 113.96 billion by 2034.

Attributes	Key Insights
Estimated Global Extruder and Compounding Machine Market Size (2024E)	USD 75.53 billion
Projected Extruder and Compounding Machine Industry Value (2034F)	USD 113.96 billion
Value-based CAGR (2024 to 2034)	4.2%

Emerging Trends in the Extruder and Compounding Machine Market

• Robust industrialization and surging adoption of plastics have put extruders and compounding machines into the limelight. Manufacturing industries are increasing the adoption of extruders and compounding machines to ramp up their production capacities and serve the altering consumer preferences and tastes.
• Rapid adoption of automation in the industrial sector and expansion in the manufacturing sector are propelling product demand.
• Extruders and compounding machines have become standard machinery equipment in manufacturing industries like food and plastics for the production of products at a mass scale.
• Increasing traction for specialty plastics in myriad industries owing to their attractive features like recyclability and lightweight. These specialty plastics are usually developed by utilizing compounding machines.
• Key players are launching innovative products combined with modern technologies like the Internet of Things (IoT).
• Leading companies are also developing products that can perform extrusion and compounding simultaneously.

Extruder and Compounding Machine Market Analysis by Country

In terms of growth rate, the countries in North America, Europe, and the Asia Pacific are expected to expand moderately, with a slight difference in CAGR. The market in the Asia Pacific is anticipated to expand due to the increasing demand for chemicals and plastics, thus making it a suitable market for extruders and compounding machines.

The North America extruder and compounding machine industry is supported by an increasing concentration of extruders and compounding machine players in the region. Meanwhile, the Europe market is driven by continuous technological advancements in extruders and compounding machines.

Countries	Forecast CAGR (2024 to 2034)
The United States	4.40%
Germany	4.50%
China	5.00%
India	5.50%
Australia	4.60%

Extruders and Compounding Machines Gaining Widespread Adoption in the United States

The United States extruder and compounding machine market is estimated to register a CAGR of 4.4% through 2034. The regional market is powered by:

• Surging adoption of extruders and compounding machines among multiple end-use industries.
• Heightened concentration of leading companies in the United States and frequent launches of modern extruders and compounding machines.
• Continuous adoption of automation in the manufacturing units to accelerate productivity, ensure improved workplace safety, and reduce overall costs. This is creating positive avenues for the providers of extruder and compounding machines.
• Soaring demand for packaged food owing to common factors like rising disposable income, robust urbanization, and lifestyle modification, is inducing food manufacturers to adopt extruders and compounding machines.

Booming Plastics Industry in China to Fortify Market Growth

In China, the extruder and compounding machine market is projected to expand at a rate of 5% through 2034. Key elements that are compelling market growth are:

• China remains at the center of the extruders and compounding machines market, thanks to robust industrialization and surging penetration of automation.
• Rapid sales of extruders and compounding machines to meet the ever-expanding demand for plastics from different industries. Over the past few years, China has emerged as a substantial producer and exporter of plastic products.
• Upsurge in the production of electronic items and vehicles is kindling demand for engineering as well as specialty plastics. Therefore, manufacturers are constantly adopting extruders and compounding machines to increase their production capacity. Not only this, these machines empower them to develop customized items according to customer requirements.

India to Emerge as a Lucrative Market for Extruders and Compounding Machines Manufacturers

The extruder and compounding machine market in India is anticipated to record a CAGR of 5.5% from 2024 to 2034. The market is supported by the following factors:

• The increase in the expansion of industries like chemicals, pharmaceuticals, and plastics is raising the demand for modern extruders and compounding machines. This trend is likely to endure in the years to follow.
• The availability of significantly efficient products at reduced prices is supporting the market growth. Also, this aspect is motivating small business units to integrate automation in their manufacturing units.

The market in Germany is Spearheaded by Automation in Manufacturing Industries

The German extruder and compounding machine market is expected to propel at a CAGR of 4.5% in the assessment period. The market is anticipated to flourish on account of:

• Cluster of factors like increasing adoption of automation in manufacturing industries, growing presence of top market players, and expanding pharmaceutical sector.
• Surging expenditure by government bodies and private players to develop new innovative pharmaceuticals is giving an impetus to the market players.
• Increasing adoption of twin screw compounding machines by pharmaceutical companies to produce medicines like tailored drugs.
• Mounting demand for plastics from diverse industries, such as packaging and automotive, is expected to accelerate market growth.

Increasing Construction Sector in Australia to Fuel Sales of Extruders and Compounding Machines

The extruder and compounding machine market in Australia is estimated to record a CAGR of 4.6% over the forecast period. The market is projected to expand on account of:

• Growing demand for extruders and compounding machines deployed in manufacturing car parts like seals, hoses, wires and cables, and interior components.
• Significant efforts are being made to continuously upgrade extruder and compounding machine technology. This is making the machines more reliable, precise, and energy-efficient. Australian manufacturers are thus enticed to invest in newer machines to increase their product quality and production efficiency.
• The increasing construction sector in the country due to housing demands, infrastructure developments, and urban renewal, is raising the demand for construction products like profiles, flooring, wires, and cables. Demand for these products is also translating into heightened demand for extruders and compounding machines.

Category-wise Insights

End Users are Gravitating toward the Use of Twin Screw for their Many Benefits

Leading Product Type	Twin Screw
Value Share (2024)	58.30%

Based on product type, the market is divided into single screws, ram extruders, and twin screws. Out of these, twin screws are a highly preferred product type, which accounts for a market share of 58.30% in 2024.

• Various benefits of using twin screw compounding extruders like better energy efficiency and higher process productivity. This is increasing their adoption among end-use industries to produce various products like wood fiber and rigid PVC blends.
• Increasing manufacturers of twin screw extruders in the market like B&P Littleford, Coperion, etc.
• End users are showing keen inclination for twin screws owing to the presence of double screws in them, which leads to intensive mixing and high-pressure extrusion.

Substantial Sales of Extruders and Compounding Machines Remain Focused in the Plastics Industry

Leading Application	Specialty Plastics
Value Share (2024)	37.20%

The specialty plastics segment accounts for a substantial revenue share in the global market. The segment is driven by:

• Growing demand for plastics in various applications like packaging and automotive is boosting the adoption of extruders and compounding machines in the plastics industry.
• Significant adoption of extruders and compounding machines as industrial processing equipment to mix, compound, and process viscous materials. These machines are increasingly being utilized for plastic compounding and extrusion processes. As a result, assisting manufacturers to produce desired outcomes.
• Increasing demand for plastic products like caps, plastic cutlery, closures, pipes, tumblers, and automotive parts.

Competitive Landscape

The extruders and compounding machines market is moderately fragmented due to the increasing presence of different equipment providers globally. The players are engaged in innovations and product developments to capture a maximum market share. Additionally, the firms are focusing on increasing their market presence via a global extension of their operations.

The players involved in the extrusion and compounding machine market are increasing their value share by collaborating, acquiring small players, and investing in technologically enhanced product portfolios across the globe.

Latest Developments in the Extruder and Compounding Machine Market

• Bausano, a leading provider of designer customized extrusion lines to transform plastic materials, introduced next-generation single as well as twin-screw extrusion lines for pipes composed of polyolefins and PVC in March 2022. The extrusion technology of Bausano in its twin screw and single screw ranges facilitates the production of various types of pipes for different applications like medical, construction, and agriculture.
• Star Plastics installed a twin-screw extruder at its Ravenswood, WV, facility in February 2022. The company also announced around that time that it is planning to add a second twin screw extruder.
• In September 2022, it was announced that the ISEC evo shredder-extruder combination developed by PURE LOOP enhances the recycled synthetic nonwoven content.

Manufacturers in the Extruder and Compounding Machine Market

• 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.
• SML Maschinengesellschaft mbH
• Others

Key Coverage in the Extruder and Compounding Machine Market Report

• Adjacent Study of Plastic Compounding Machinery Market, Compounding Equipment Market, Polymer Extrusion Machines Market, Polymer Compounding Systems Market and Plastic Compounding Machines Market
• Comparative Analysis of Twin Screw Extruders and Single Screw Extruders
• In-depth Study of Polymer Blending Equipment Market

Extruder and Compounding Machine Industry by Category

By Product Type:

• Single Screw
• Twin Screw
• Ram Extruders

By Application:

• Speciality Plastics
• PVC Cable
• Master Batch Production
• Flooring Sheet
• Others

By End Use Industry:

• Food Industry
• Chemical Industry
• Plastic Industry
• Medical/Pharmaceutical
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• Middle East and Africa

Frequently Asked Questions

How Big Will be the Extruder and Compounding Machine Industry in 2024?

The market is estimated to account for USD 75.53 billion in 2024.

At What Rate Will the Extruder and Compounding Machine Industry Grow?

Throughout the forecast period, the extruder and compounding machine industry is projected to register a CAGR of 4.2%.

What is the Expected Value of the Extruder and Compounding Machine Industry by 2034?

By 2034, the extruder and compounding machine industry is forecast to be worth USD 113.96 billion.

Which Country is Expected to Exhibit Significant Growth in the Extruder and Compounding Machine Industry?

India is expected to offer significant opportunities to extruder and compounding machine manufacturers.

Which Application Segment is Projected to Acquire a Substantial Market Share?

Specialty plastics hold a significant market share.

Who are the Leading Companies in the Extruder and Compounding Machine Industry?

Leading companies in the extruder and compounding machine industry include Everplast Machinery Co., Ltd., Breyer GmbH, and Rajoo Engineers Limited.