Global Extrusion Machinery Market Size & Outlook
Global extrusion machinery market, 2018-2030 (US$M)
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Global extrusion machinery market highlights
- The global extrusion machinery market generated a revenue of USD 8,614.8 million in 2023 and is expected to reach USD 11,581.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
- In terms of segment, plastics accounted for a revenue of USD 6,637.0 million in 2023.
- Plastics is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 8,614.8 million |
| Market revenue in 2030 | USD 11,581.4 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Plastics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metal |
Other key industry trends
- In terms of revenue, the North America accounted for 19.1% of the global extrusion machinery market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 174.0 million by 2030.
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Extrusion Machinery Market Scope
Extrusion Machinery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global extrusion machinery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to extrusion machinery market will help companies and investors design strategic landscapes.
plastics was the largest segment with a revenue share of 77.04% in 2023. Horizon Databook has segmented the Global extrusion machinery market based on plastics, metal covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for extruded metal and plastic products has been on the rise for several years on account of a number of advantages of the extrusion process and the rising demand from end-use industries such as automotive, electronics, consumer goods, telecommunications, and renewable energy. Moreover, the low cost per part, flexibility in operation, high production volume, and ability of compounding are the other factors responsible for the growing demand for extruded plastic and metal products.
Increasing penetration of plastics in the manufacture of consumer electronics is expected to be one of the key factors for the growth of extruded plastics. Plastics are widely used for manufacturing structures and bodies of television sets, smartphones, computers, video recorders, cameras, and laptops. Moreover, motor housings, high dissipation heat sinks, and interior frames are also manufactured using the extrusion process. Plastics offer several benefits over traditional metals, in terms of high corrosion and chemical resistance, low cost, lightweight, and excellent durability.
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Target buyers of Global extrusion machinery market databook
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Our clientele includes a mix of extrusion machinery market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global extrusion machinery market , including forecasts for subscribers. This global databook contains high-level insights into Global extrusion machinery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global extrusion machinery market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Extrusion machinery market size, 2023 (USD Million)
Top 10 countries: Extrusion machinery market size, 2023 (USD Million)
Global extrusion machinery market, by region, 2023 (US$M)
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