North America Extrusion Machinery Market Growth, Size, Trends, Revenue and Future Outlook
North America Extrusion Machinery Market Size- By Type, By Material, By End User, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2024 | Report ID: MACH2432 | Pages: 1 - 156 | Formats*: |
| Category : Equipment and Machinery | |||
North America Extrusion Machinery Market Introduction and Overview
According to SPER Market Research, the North America Extrusion Machinery Market is estimated to reach USD 2.28 billion by 2033 with a CAGR of 3.49%.
The report includes an in-depth analysis of the North America Extrusion Machinery Market, including market size and trends, product mix, applications, and supplier analysis. The term "extrusion machinery" describes tools used in the extrusion process, which is a manufacturing technique that involves moulding materials by pushing them through a die or other opening. Among other things, plastic, metal, and food goods are frequently produced using this method. For these materials to be shaped and formed into precise profiles, forms, or continuous lengths, extrusion technology is essential.
- KraussMaffei Extrusion GmbH introduced the recently modified ZE 28 BluePower laboratory extruder in December 2023. This extruder improves performance by being readily available, at a reasonable price, and with significant user-friendliness enhancements.
- In July 2022, Kennedy Tool and Die is acquired by Graham Engineering. Kennedy will continue to operate out of Birdsboro and contribute significantly to the maintenance division of Graham Engineering. The acquisition will allow the business to provide client support for as long as its extrusion technology is in operation.
Market Opportunities and Challenges
Opportunities-
Rising building and infrastructure initiatives are expected to boost product demand- The North American extrusion machines market is expanding, driven by an increase in building and infrastructure projects. Urbanisation and population increase generate demand for residential, commercial, and industrial areas, necessitating the use of extrusion machines to produce a variety of building materials. Furthermore, significant expenditures in infrastructure, such as transportation and renewable energy, are driving up demand. Extrusion machinery is critical in the production of materials such as pipes, profiles, and structural components required for these projects. Furthermore, the emphasis on sustainable building methods increases the need for eco-friendly construction materials, which drives innovation in the extrusion machinery industry.
Challenges-
Plastic Manufacturing Processes' Effects on the Environment- Extrusion machines are essential for producing various plastic products, but worries about how plastic manufacturing processes affect the environment by producing waste and pollution are growing. When firms don't implement eco-friendly methods, the market may grow more slowly due to rising environmental laws and consumer demand for sustainable alternatives.
Price fluctuations for energy- Significant amounts of energy are needed for plastic extrusion processes in order to heat, melt, and form the plastic materials. The operational costs of extrusion factories are immediately impacted by high energy costs, which lowers their competitiveness and profit margins. The plastic extrusion industry's total manufacturing expenses include a considerable amount of energy costs. The cost-effectiveness of creating extruded plastic items can be directly impacted by fluctuations in energy prices, which can also have an impact on pricing strategies and market competitiveness.
Market Competitive Landscape
The competitive environment of the US extrusion machinery market is defined by the existence of major players like Davis Standard, Extrusion Technik USA Inc., KraussMaffei, Milacron, LLC, The Japan Steel Works LTD, NFM / Welding Engineers Inc. and Wenger Manufacturing. To improve their position in the market, these businesses are concentrating on strategic alliances, purchases, and product advancements. Modern extrusion machinery with increased productivity and efficiency has been developed as a result of the market's growing competition.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Material, By End-Use, By Application |
| Regions covered | Canada, Mexico United States, Cuba, Panama, Greenland and Rest of North America |
| Companies Covered | KraussMaffei, Milacron, LLC, The Japan Steel Works LTD, NFM / Welding Engineers, Inc., BC Extrusion Holding GmbH, Davis Standard, Extrusion Technik USA, Inc., Graham Engineering, Wenger Manufacturing. |
COVID-19 Impact on North America Extrusion Machinery Market
The COVID-19 pandemic had a major influence on a number of industries, including manufacturing and the extrusion machinery business. The influence of COVID-19 on the extrusion machines market varies by area and industry. While the pandemic's early phases presented hurdles, the sector demonstrated resilience and adaptability in the face of a changing market situation. As the situation evolved, recovery attempts and variations in market demand would have an impact on the trajectory of the extrusion machines industry.
Key Target Audience:
- Plastic and Polymer Manufacturers
- Machinery Manufacturers and Suppliers
- Investors and Financial Institutions
- Government Bodies and Regulators
- Research and Development (R&D) Institutions
- Trade Associations and Industry Bodies
- Consulting and Market Research Firms
- Educational Institutions
Our in-depth analysis of the North America Extrusion Machinery Market includes the following segments:
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Key Topics Covered in the Report:
- North America Extrusion Machinery Market Size (FY’2024-FY’2033)
- Overview of North America Extrusion Machinery Market
- Segmentation of North America Extrusion Machinery Market By Type (Single-Screw, Twin Screw, Others)
- Segmentation of North America Extrusion Machinery Market by Material (Plastics, Metal, Others)
- Segmentation of North America Extrusion Machinery Market by End Use (Construction, Consumer Goods, Automotive, Packaging, Others)
- Segmentation of North America Extrusion Machinery Market by Application (Pipe & Profiles, Compounding, Sheet/Roof, Others)
- Statistical Snap of North America Extrusion Machinery Market
- Expansion Analysis of North America Extrusion Machinery Market
- Problems and Obstacles in North America Extrusion Machinery Market
- Competitive Landscape in the North America Extrusion Machinery Market
- Impact of COVID-19 and Demonetization on North America Extrusion Machinery Market
- Details on Current Investment in North America Extrusion Machinery Market
- Competitive Analysis of North America Extrusion Machinery Market
- Prominent Players in the North America Extrusion Machinery Market
- SWOT Analysis of North America Extrusion Machinery Market
- North America Extrusion Machinery Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the North America Extrusion Machinery Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Extrusion Machinery Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Extrusion Machinery Market
7. North America Extrusion Machinery Market, By Type (USD Million) 2020-2033
7.1. North America Extrusion Machinery Market Size, Share and Forecast, By Type, 2020-20267.2. North America Extrusion Machinery Market Size, Share and Forecast, By Type, 2027-20337.3. Single-Screw7.4. Twin Screw7.5. Others
8. North America Extrusion Machinery Market, By Material (USD Million) 2020-2033
8.1. North America Extrusion Machinery Market Size, Share and Forecast, By Material, 2020-20268.2. North America Extrusion Machinery Market Size, Share and Forecast, By Material, 2027-20338.3. Plastics8.4. Metal8.5. Others
9. North America Extrusion Machinery Market, By End-Use (USD Million) 2020-2033
9.1. North America Extrusion Machinery Market Size, Share and Forecast, By End-Use, 2020-20269.2. North America Extrusion Machinery Market Size, Share and Forecast, By End-Use, 2027-20339.3. Construction9.4. Consumer Goods9.5. Automotive9.6. Packaging9.7. Others
10. North America Extrusion Machinery Market, By Application (USD Million) 2020-2033
10.1. North America Extrusion Machinery Market Size, Share and Forecast, By Application, 2020-202610.2. North America Extrusion Machinery Market Size, Share and Forecast, By Application, 2027-203310.3. Pipe & Profiles10.4. Compounding10.5. Sheet/Roof10.6. Others
11. North America Extrusion Machinery Market Forecast, 2020-2033 (USD Million)
11.1. North America Extrusion Machinery Market Size and Market Share
12. North America Extrusion Machinery Market, By Region, 2020-2033 (USD Million)
12.1. North America Extrusion Machinery Market Size and Market Share By Region (2020-2026)12.2. North America Extrusion Machinery Market Size and Market Share By Region (2027-2033)12.3. North America
12.3.1. Canada12.3.2. Mexico12.3.3. United States12.3.4. Cuba12.3.5. Panama12.3.6. Greenland12.3.7. Rest of North America
13. Company Profile
13.1. KraussMaffei
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. Milacron, LLC
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. The Japan Steel Works, LTD
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. NFM / Welding Engineers, Inc
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. BC Extrusion Holding GmbH
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. Davis Standard
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. Extrusion Technik USA, Inc
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. Graham Engineering
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. Wenger Manufacturing
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. AMUT S.P.A.
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
North America Extrusion Machinery Market is projected to reach USD 2.28 billion by 2033, growing at a CAGR of 3.49% during the forecast period.
North America Extrusion Machinery Market grew in Market size from 2024. The Market is expected to reach USD 2.28 billion by 2033, at a CAGR of 3.49% during the forecast period.
North America Extrusion Machinery Market CAGR of 3.49% during the forecast period.
You can get the sample pages by clicking the link - Click Here
North America Extrusion Machinery Market size is USD 2.28 billion from 2024 to 2033.
North America Extrusion Machinery Market is covered By Type, By Material, By End-Use, By Application.
The North America is anticipated to have the highest Market share in the North America Extrusion Machinery Market.
The key players in the Market include Companies Covered KraussMaffei, Milacron, LLC, The Japan Steel Works, LTD, NFM / Welding Engineers, Inc, BC Extrusion Holding GmbH, Davis Standard, Extrusion Technik USA, Inc, Graham Engineering, Wenger Manufacturing.
The term "extrusion machinery" describes tools used in the extrusion process, which is a manufacturing technique that involves moulding materials by pushing them through a die or other opening.
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