Frequently Asked Questions (FAQs)

1. What is the global demand for the extruders market in terms of revenue?

The global market for extruders is expected to reach USD 14.5 Billion in 2031 growing at a CAGR of 4.7%.

2. Who are the global extruders market’s major players?

The major players in the global extruders market are The Japan Steel Works Ltd. (Japan), NFM (U.S.), Hilenbrand Inc. (U.S.), Clextral (France), KraussMaffei Group GmbH (Germany), Shibaura Machine Co. Ltd (Japan), Battenfeld-Cincinnati (Germany), and Leistritz AG (Germany), among others.

3. At what CAGR is the global extruders market projected to grow within the forecast period?

The global extruders market is projected to grow at a CAGR of 4.7% between 2024 and 2031.

4. What are the driving factors fueling the growth of the global extruders market?

The global market for extruders is driven by the rising use of extruders in the packaging business, where plastic and metal extrusions are required to produce films, sheets, and other packaging materials. Moreover, the increasing expansion of the various sectors such as construction has boosted market growth for extruders.

5. Which region accounted for the largest share of the global extruders market?

North America was the leading regional segment of the global extruders market in 2023.