Extrusion Machinery Market Trends

Global Extrusion Machinery market size was valued at USD 8.54 Billion in 2023 and is poised to grow from USD 8.93 Billion in 2024 to USD 12.70 Billion by 2032, growing at a CAGR of 4.5% in the forecast period (2025-2032).

Some of the key global extrusion machinery market leaders are BC Extrusion Holding GmbH, Davis Standard, Graham Engineering, and others. The competitive advantage of the companies over each other has been achieved using more varied strategies among increasing product variety and mode of distribution, investing in R&D for innovative development, and creating partnerships or strategic alliances. The companies also go to the extent of including green materials in their products while focusing on design and technology towards sustainability. 'Davis-Standard, LLC', 'KraussMaffei Group', 'Coperion GmbH', 'The Japan Steel Works, Ltd. (JSW)', 'Battenfeld-Cincinnati Group', 'Hillenbrand, Inc. (Coperion, Milacron)', 'Leistritz Extrusionstechnik GmbH', 'Toshiba Machine Co., Ltd.', 'Graham Engineering Corporation', 'Extrudex Kunststoffmaschinen GmbH', 'Hans Weber Maschinenfabrik GmbH', 'AMUT Group', 'USEON (Nanjing) Extrusion Machinery Co., Ltd.', 'Gneuss Kunststofftechnik GmbH', 'Reifenhäuser Group'

With industries from various sectors like packaging, construction, automobiles, and consumer products still heavily depending on plastic products, the need for efficient and multi-purpose machinery for extrusion increases accordingly. Extrusion machine plays an important role in shaping raw plastic products into numerous items such as pipes, profiles, sheets, films, and packaging materials. The machinery's capacity to work with all types of plastics efficiently and quickly enables the manufacturers to meet the increased demand for plastic products while upholding quality and affordability standards.

Mass Industrialization in Emerging Areas: As emerging economies are experiencing mass industrialization, a great demand exists for infrastructure growth, such as transport networks, utilities, and residences. Extrusion equipment has an important function in the production of these goods by molding products like metals and ceramics into forms they are required to take with minimum cost and effort. The growing manufacturing base in emerging areas demands sophisticated extrusion technologies in order to produce increasing amounts of new and superior quality products. Apart from this, the governments of these countries are also heavily investing in industrialization and infrastructure development at present, which is continually pushing demand for extrusion machines.

With a rapid pace of urbanization and industrialization, Asia-Pacific gained maximum revenue share-the much 41.5% in the extrusion machinery market in 2024 and held the largest market size. As such, China and India are investing a great deal of money in infrastructural development Works bringing extruded products from packaging and construction departments in demand at a high scale. Besides, e-commerce increases demand for efficient packaging solutions. Further, technological innovations in extrusion technology facilitate productivity and quality improvement, making the region a strong player in the extrusion machinery market.