Extrusion Equipment Market Research Report By Product Type (Plastic Extrusion Equipment, Metal Extrusion Equipment, Food Extrusion Equipment), By Application (Packaging, Construction, Automotive, Electrical & Electronics, Medical & Healthcare), By Size (Small Extrusion Equipment, Medium Extrusion Equipment, Large Extrusion Equipment), By Automation Level (Manual Extrusion Equipment, Semi-Automatic Extrusion Equipment, Automatic Extrusion Equipment), By End-User Industry (Consumer Goods, Industrial, Building & Construction, Food & Beverage,

Global Extrusion Equipment Market Overview

The Extrusion Equipment Market Size was estimated at 11.2 (USD Billion) in 2022. The Extrusion Equipment Industry is expected to grow from 11.51(USD Billion) in 2023 to 14.74 (USD Billion) by 2032. The Extrusion Equipment Market CAGR (growth rate) is expected to be around 2.79% during the forecast period (2024 - 2032).

Key Extrusion Equipment Market Trends Highlighted

Artificial intelligence (AI), automation, and the demand for lightweight materials are emerging as key trends influencing the Extrusion Equipment Market. The adoption of AI in extrusion processes enables real-time monitoring, predictive maintenance, and optimized production efficiency. Automation reduces manual intervention, enhances productivity, and ensures consistent product quality. The increasing demand for lightweight materials in industries such as aerospace, automotive, and construction drives the adoption of extrusion equipment capable of handling advanced materials like carbon fiber and polymers. Additionally, the growing need for sustainable and energy-efficient production processes fuels the demand for extrusion equipment with eco-friendly features, such as reduced energy consumption and waste generation.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Extrusion Equipment Market Drivers

Increasing Demand for Lightweight and Durable Materials

The growing demand for lightweight and durable materials in various industries, such as automotive, aerospace, and construction, is driving the growth of the extrusion equipment market. These materials offer advantages such as reduced weight, improved strength, and enhanced durability, making them ideal for applications where strength-to-weight ratio and resistance to wear and tear are critical. Extrusion technology enables the production of complex shapes and profiles from these materials, meeting the specific requirements of various end-use industries.The increasing adoption of lightweight materials in vehicles to improve fuel efficiency and reduce emissions, coupled with the rising demand for durable materials in construction and infrastructure projects, is expected to continue to drive the growth of the extrusion equipment market.

Technological Advancements and Automation

Technological advancements and the adoption of automation are shaping the extrusion equipment market. Continuous innovations in extrusion technology have led to the development of more efficient and versatile machines. Automated systems, such as robotic arms and advanced control systems, are being incorporated into extrusion lines, enabling increased productivity, reduced labor costs, and improved product quality. These advancements allow manufacturers to optimize their operations, reduce production time, and meet the growing demand for high-quality extruded products.The integration of sensors and data analytics into extrusion equipment is also gaining traction, providing real-time monitoring and control capabilities, further enhancing efficiency and product quality.

Growing Focus on Sustainability

The increasing focus on sustainability and environmental concerns is influencing the extrusion equipment market. Manufacturers are investing in developing eco-friendly extrusion technologies and adopting sustainable practices throughout the production process. The use of recycled materials and the implementation of energy-efficient systems are becoming prevalent. Additionally, there is a growing demand for biodegradable and compostable polymers, which can be processed using specialized extrusion equipment.By addressing sustainability concerns, extrusion equipment manufacturers can align with the growing eco-consciousness of consumers and businesses, contributing to a more sustainable future for the industry.

Extrusion Equipment Market Segment Insights

Extrusion Equipment Market Product Type Insights 

The Extrusion Equipment Market is segmented by Product Type into Plastic Extrusion Equipment, Metal Extrusion Equipment, and Food Extrusion Equipment. Among these, the Plastic Extrusion Equipment segment held the largest market share of around 55% in 2023 and is projected to reach a valuation of approximately 8.05 billion USD by 2032, exhibiting a CAGR of 2.9% during the forecast period. The growth of this segment can be attributed to the increasing demand for plastic products across various industries, including packaging, automotive, and construction.The Metal Extrusion Equipment segment is anticipated to witness a steady growth rate over the forecast period, primarily driven by the rising demand for extruded metal products in industries such as aerospace, automotive, and construction. This segment is expected to reach a valuation of around 3.5 billion USD by 2032, expanding to a CAGR of 2.6%. The Food Extrusion Equipment segment is projected to register a significant growth rate during the forecast period, owing to the increasing popularity of extruded food products such as pasta, snacks, and pet food.This segment is expected to reach a valuation of approximately 3.2 billion USD by 2032, growing at a CAGR of 3.1%. The growing demand for convenience foods and the adoption of healthy eating habits are key factors contributing to the growth of this segment. Overall, the Extrusion Equipment Market is expected to witness steady growth in the coming years, driven by the increasing demand for extruded products across various industries. The market is characterized by the presence of numerous and regional players, with key players including KraussMaffei, Coperion, and Davis-Standard.Strategic partnerships, technological advancements, and sustainability initiatives are expected to shape the competitive landscape of the market going forward.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Extrusion Equipment Market Application Insights 

The Extrusion Equipment Market is segmented by application into Packaging, Construction, Automotive, Electrical Electronics, and Medical Healthcare. The Packaging segment is expected to account for the largest share of the market in 2023, owing to the increasing demand for packaged food and beverages. The Construction segment is expected to witness significant growth over the forecast period, driven by the growing demand for extruded plastic pipes and profiles in the construction industry. The Automotive segment is also expected to grow steadily, as extruded plastic components are increasingly used in the production of vehicles.The Electrical Electronics segment is expected to see moderate growth, driven by the increasing demand for extruded plastic materials in the electronics industry. The Medical Healthcare segment is expected to witness strong growth over the forecast period, as extruded plastic materials are increasingly used in the production of medical devices and equipment.

Extrusion Equipment Market Size Insights 

The Extrusion Equipment Market segmentation by size includes Small Extrusion Equipment, Medium Extrusion Equipment, and Large Extrusion Equipment. The Small Extrusion Equipment segment is expected to expand at the fastest growth rate, owing to its affordability and suitability for small-scale applications. The growing demand for plastic extrusions in packaging, construction, and automotive industries is driving market growth. Medium Extrusion Equipment segment holds a significant market share due to its versatility and wide range of applications in various industries.Large Extrusion Equipment segment is expected to witness steady growth, driven by the increasing demand for high-capacity extrusion equipment in large-scale manufacturing industries.

Extrusion Equipment Market Automation Level Insights 

The Extrusion Equipment Market is segmented by Automation Level into Manual Extrusion Equipment, Semi-Automatic Extrusion Equipment, and Automatic Extrusion Equipment. Automatic Extrusion Equipment is expected to dominate the market in the coming years due to its efficiency and cost-effectiveness. The Extrusion Equipment Market revenue for Automatic Extrusion Equipment is projected to reach USD 7.23 billion by 2024, exhibiting a CAGR of 3.2% during the forecast period. The rising demand for high-quality and consistent products, coupled with the need for increased production efficiency, is driving the growth of the Automatic Extrusion Equipment segment.Semi-Automatic Extrusion Equipment is also expected to witness significant growth, owing to its affordability and ease of operation. The market for Semi-Automatic Extrusion Equipment is estimated to reach USD 3.84 billion by 2024, growing at a CAGR of 2.8% during the forecast period. The increasing adoption of semi-automation in various industries, such as automotive, construction, and packaging, is contributing to the growth of this segment. Manual Extrusion Equipment is expected to account for a smaller share of the market due to its limited capabilities and lower efficiency compared to automated systems.However, the demand for Manual Extrusion Equipment is expected to remain steady in certain niche applications where cost and simplicity are key considerations.

Extrusion Equipment Market End-User Industry Insights 

The Extrusion Equipment Market is segmented into various end-user industries, including Consumer Goods, Industrial, Building Construction, Food Beverage, and Healthcare. Each segment exhibits unique characteristics and growth dynamics. The Consumer Goods segment holds a significant share of the Extrusion Equipment Market revenue, driven by the increasing demand for extruded products in packaging, consumer electronics, and automotive applications. The Industrial segment is another major contributor, with extruded components widely used in manufacturing, transportation, and energy industries.The Building Construction segment is expected to witness steady growth due to the rising demand for extruded materials in construction projects, such as pipes, profiles, and insulation. The Food Beverage segment benefits from the growing demand for extruded snacks, confectionery products, and pet food. The Healthcare segment is projected to expand at a promising rate, driven by the increasing use of extruded medical devices, implants, and pharmaceutical formulations. Each end-user industry presents distinct opportunities for Extrusion Equipment Market players, and understanding their specific requirements and growth drivers is crucial for market success.

Extrusion Equipment Market Regional Insights 

The regional market for Extrusion Equipment Market can be segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. North America held the largest market share in 2023 at 5.396 billion USD and is expected to maintain its dominance over the forecast period. The growth of the North American market is attributed to the presence of a large number of end-use industries, such as automotive, construction, and packaging. Europe is expected to be the second largest market for the Extrusion Equipment Market during the forecast period, with a value of 2.35 billion USD in 2023. The growth of the European market is driven by the increasing demand for extruded products from the automotive and construction industries.Asia-Pacific is expected to be the fastest growing market for Extrusion Equipment Market during the forecast period, with a projected value of 2.694 billion USD in 2023. The growth of the Asia-Pacific market is attributed to the increasing demand for extruded products from the automotive, construction, and packaging industries in emerging economies such as China and India. South America and the Middle East and Africa are expected to be the smallest markets for Extrusion Equipment Market during the forecast period, with values of 0.625 billion USD and 0.445 billion USD in 2023, respectively.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Extrusion Equipment Market Key Players And Competitive Insights

Major players in Extrusion Equipment Market industry are constantly striving to gain a competitive edge by investing in research and development, expanding their product portfolios, and forming strategic partnerships. Leading Extrusion Equipment Market players are focusing on developing innovative and sustainable solutions to cater to the evolving needs of their customers. The Extrusion Equipment Market is characterized by a high level of competition, with several key players vying market share.One of the leading companies in the Extrusion Equipment Market is KraussMaffei. The company offers a wide range of extrusion equipment, including single-screw extruders, twin-screw extruders, and underwater pelletizers. KraussMaffei has a strong presence and a reputation for providing high-quality products and services. The company is constantly investing in research and development to stay ahead of the competition.A prominent competitor in the Extrusion Equipment Market is Coperion. The company offers a comprehensive range of extrusion equipment, including extruders, pelletizers, and material handling systems. Coperion has a presence and a strong customer base in the plastics, chemicals, and food industries. The company is focused on providing innovative and sustainable solutions to its customers. Coperion is also actively involved in research and development to develop new technologies and products.

Key Companies in the Extrusion Equipment Market Include

• Lanxess


• Coperion


• Nordson


• BattenfeldCincinnati


• DavisStandard


• KraussMaffei


• Welex


• Clariant


• Jacobi Carbons


• Ampacet


• Reifenhäuser


• PolyOne


• CPVC Compounders


• Cincinnati Extrusion

Extrusion Equipment Market Industry Developments

The extrusion equipment market is projected to reach USD 14.74 billion by 2032, exhibiting a CAGR of 2.79% during the forecast period. The growing demand for extruded products in various end-use industries, including automotive, construction, and packaging, is a primary factor driving market growth.Recent developments in the market include the increasing adoption of advanced technologies such as Industry 4.0 and the Internet of Things (IoT) to enhance production efficiency and reduce costs. Additionally, the rising focus on sustainability and the adoption of biodegradable and recyclable materials are creating opportunities for manufacturers of extrusion equipment that cater to these needs.Key market players are focusing on expanding their presence and investing in research and development to introduce innovative extrusion solutions. Strategic partnerships and acquisitions are also becoming prevalent as companies seek to strengthen their market position and gain access to new technologies and markets.

Extrusion Equipment Market Segmentation Insights 

Extrusion Equipment Market Product Type Outlook

• Plastic Extrusion Equipment


• Metal Extrusion Equipment


• Food Extrusion Equipment

Extrusion Equipment Market Application Outlook

• Packaging


• Construction


• Automotive


• Electrical Electronics


• Medical Healthcare

Extrusion Equipment Market Size Outlook

• Small Extrusion Equipment


• Medium Extrusion Equipment


• Large Extrusion Equipment

Extrusion Equipment Market Automation Level Outlook

• Manual Extrusion Equipment


• Semi-Automatic Extrusion Equipment


• Automatic Extrusion Equipment

Extrusion Equipment Market End-User Industry Outlook

• Consumer Goods


• Industrial


• Building Construction


• Food Beverage


• Healthcare

Extrusion Equipment Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa