A recent publication by Future Market Insights titled, “Extruders and Compounding Machines Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” reveals several market acumen with respect to key trends, developments, key players, drivers and restraints across key regions in the globe. 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).
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5693
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
Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-5693
Market Taxonomy:
Weighted market segmentation is essential to garner key insights on each and every aspect. Below is a detailed market taxonomy covering various segments of the global extruders and compounding machines market.
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
- Europe
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
- Japan