What is Global Twin Screw Extruders Market?
The Global Twin Screw Extruders Market is a comprehensive study of the global market trends and growth prospects for twin screw extruders. Twin screw extruders are a type of machine used in the manufacturing process of various products, including plastics, rubber, and food. These machines work by using two intermeshing, co-rotating screws mounted on splined shafts in a closed barrel. The design and operation of these machines allow for a high degree of flexibility in processing materials, making them a vital tool in many industries. The global market for these machines is growing steadily, driven by increasing demand from various end-use industries. However, the market also faces several challenges, including high initial investment and maintenance costs, and the need for skilled operators. Despite these challenges, the market is expected to continue its growth trajectory in the coming years, driven by technological advancements and increasing demand from emerging economies.
Parallel Co-rotating TSE, Parallel Counter-rotating TSE, Conical Twin Screw Extruder in the Global Twin Screw Extruders Market:
The Global Twin Screw Extruders Market is segmented into several types based on their design and operation. These include Parallel Co-rotating Twin Screw Extruders (TSE), Parallel Counter-rotating TSE, and Conical Twin Screw Extruders. Parallel Co-rotating TSEs are the most common type, used in a wide range of applications due to their high processing flexibility and efficiency. Parallel Counter-rotating TSEs, on the other hand, are used in specific applications where high pressure and high material throughput are required. Conical Twin Screw Extruders are used in applications where a high degree of mixing is required, such as in the production of PVC products. Each of these types has its own advantages and disadvantages, and their usage depends on the specific requirements of the application.
Chemical Extrusion, Food & Feed Extrusion, Polymer & Plastics Extrusion, Recycling Industry, Pharmaceuticals Extrusion, Powder Coatings Extrusion, Others in the Global Twin Screw Extruders Market:
The Global Twin Screw Extruders Market finds usage in a variety of areas including Chemical Extrusion, Food & Feed Extrusion, Polymer & Plastics Extrusion, Recycling Industry, Pharmaceuticals Extrusion, Powder Coatings Extrusion, among others. In the Chemical Extrusion sector, these machines are used to produce a wide range of chemical products, including resins, adhesives, and sealants. In the Food & Feed Extrusion sector, they are used to produce various food and feed products, including pet food, breakfast cereals, and snacks. In the Polymer & Plastics Extrusion sector, they are used to produce a wide range of plastic products, including films, pipes, and profiles. In the Recycling Industry, they are used to recycle various materials, including plastics and metals. In the Pharmaceuticals Extrusion sector, they are used to produce various pharmaceutical products, including tablets and capsules. In the Powder Coatings Extrusion sector, they are used to produce various types of powder coatings.
Global Twin Screw Extruders Market Outlook:
The Global Twin-screw Extruders market, valued at US$ 902 million in 2022, is projected to reach a value of US$ 1174.7 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period of 2023-2029. The Co-Rotating type segment is expected to hold the largest consumption value market share during the forecast period. In 2019, this segment accounted for a 57% share in terms of consumption value. This growth in the market is driven by the increasing demand for twin-screw extruders in various end-use industries, including plastics, food, and chemicals. Despite the challenges posed by high initial investment and maintenance costs, the market is expected to continue its growth trajectory in the coming years.
| Report Metric | Details |
| Report Name | Twin Screw Extruders Market |
| Accounted market size in 2022 | US$ 902 million |
| Forecasted market size in 2029 | US$ 3726.6 million |
| CAGR | 22.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | COWIN EXTRUSION, Useon, CPM Extrusion Group, Toshiba Machine, Clextral (Legris Industries Group), Thermo Scientific, ENTEK, Krauss-Maffei Berstorff, Xtrutech, Coperion, MATILA, JSW, Bühler, Leistritz, Rondol, XINDA, SHANGHAI JINHU EXTRUSION EQUIPMENT. |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
