Extrusion Machinery Market To Reach $11.58 Billion By 2030

January 2025 | Report Format: Electronic (PDF)

Extrusion Machinery Market Growth & Trends

The global extrusion machinery market size is expected to reach USD 11.58 billion by 2030, according to a new study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 4.5% from 2025 to 2030. Growing demand for metal and plastic products, along with the high investment in the building and construction industry is anticipated to augment the demand for extrusion machinery.

One of the major drivers of the expansion of extruded plastics is anticipated to be the growing use of plastic in the production of consumer electronics. The bodies and frameworks of television sets, video recorders, cameras, and computers are made of plastic. Additionally, the extrusion procedure is used to create motor housings and interior frames

Extruded products used in the construction industry include extrusion profiles of doors, windows, roofing, glasshouses, decking, and exterior building decoration. Increasing use of extrusion machinery in the construction sector and favorable government initiatives are expected to boost the demand for extruded products, driving the extrusion machinery market.

Furthermore, the growing interest of OEMs in extruders for recycling may prove to be an opportunity for extruder manufacturers. Growing investments in the automotive, construction, and aerospace sectors are anticipated to be crucial in triggering the demand for extruders over the forecast period.

For streamlining processes, manufacturers are implementing artificial intelligence and advanced robots to increase their throughput and improve their efficiency. Technological advancements in additives have resulted in the economical usage of scrap and trim. The adoption of technology is expected to boost the market growth.

Providers of extrusion machinery services are adopting several strategies, including acquisitions, mergers, joint ventures, new product developments, and geographical expansions. For instance, in November 2020, Japan Steel Works America, Inc. opened a new tech center and east coast support hub in New Jersey.

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Extrusion Machinery Market Report Highlights

The plastics segment dominated the global extrusion machinery industry and accounted for the largest revenue share of 77.2% in 2024. This growth can be attributed to the increasing demand for plastic products across various industries.
The single-screw segment led the market and held the largest revenue share of 62.7% in 2024, primarily driven by simplicity and cost-effectiveness.
The construction segment held the dominant position in the market, with the largest revenue share of 31.6% in 2024, driven by the increasing demand for extruded materials in various building applications.
The Asia Pacific extrusion machinery market dominated the global market and accounted for the largest revenue share of 41.5% in 2024, primarily driven by rapid industrialization and urban development.