Industry

Twin Screw Extruders and Parts Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product (Co-Rotating and Counter Rotating); Material (Polyvinyl Chloride (PVC), Polypropylene (PP), Polyethylene (PE), and Others); Component (Heaters, Screw Drives, Dies, Others); End User (Automotive, Oil and Gas, Consumer Goods, Packaging, and Others), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Code : 

TIPRE00006635

No. of Pages : 150
Published Month : Apr 2024
Category : Manufacturing and Construction

The Twin Screw Extruders and Parts Market is expected to register a CAGR of 4.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The Twin Screw Extruders and Parts Market research report offers an executive-level blueprint of the current market scenario, including future growth prospects, alongside the most potent drivers in the industry. According to the reports, the market has been segmented as follows below for product product type: Co-rotating Twin Screw Extruders, Counter-rotating Twin Screw Extruders, and Replacement Parts and Accessories. Subsequent to that, it then presents an analysis based on end user areas such as automotive, oil and gas, consumer goods, packaging, and Others.

The global analysis is divided down to the regional level, with primary focus on key markets: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. This enables the stakeholders to garner local trends, market dynamics, and growth opportunities within these specific regions. For this segmental analysis, market evaluation is given in US dollars (US$), which provides much deeper insight into market size, growth trajectories, and forecast.

Purpose of the Report

The report Twin Screw Extruders and Parts Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Twin Screw Extruders and Parts Market Segmentation

Product

  • Co-Rotating
  • Counter Rotating

Material

  • Polyvinyl chloride

Component

  • Heaters
  • Screw Drivers
  • Dies

End User

  • Automotive
  • Oil and Gas
  • Consumer goods
  • Packaging

Twin Screw Extruders and Parts Market Growth Drivers

  • Increasing Demand for High-Efficiency Processing: High efficiency processing techniques are in high demand in industries like plastics and food in fast-paced times. The twin screw extruders provide superb mixing, blending, and compounding capabilities and are, therefore used predominantly in high-efficiency manufacturing processes. They easily process a much larger variety of materials and produce end products of higher quality. The trend in the increased demand for high-efficiency processing technology is, thus likely to increase adoption of twin-screw technology.
  • Technological Advancements: Advancement in the technologies behind twin screw extruder bring these systems closer to efficiency and flexibility. Modern extruders have better torque control, improved temperature control, and advanced feed systems. All these offer better material handling and processing, ensuring that the manufacturers go further with higher levels of optimized production.
  • Sustainable manufacturing focus: The application of sustainability in production has become more meaningful with the growth in environmental awareness. The ability to recover and process the same material efficiently makes the twin screw extruders play an important role in recycling applications. These extruders are capable of processing various materials, from polymers, additives, to fillers, making them ideal for the production of specialty compounds. That perfection in mixing and processing material enables manufacturers to make products suitable for various applications. This versatility becomes a significant growth catalyst for the twin screw extruder market share.

Twin Screw Extruders and Parts Market Future Trends

  • Increased Automation and Smart Technologies:
    Automation, smart technologies in manufacturing, and integration of Industry 4.0 principles and adjuncts, such as advanced sensors and IoT devices and data analytics, are key trends shaping the twin screw extruder market. Using these aspects, the ongoing optimization of extrusion parameters in real time would continue. This shift towards automation could mean better operational efficiency with quality of product, with smart manufacturing technologies reported to boost productivity by up to 20%. With such benefits, the twin screw extruders may become more in demand as automated versions for manufacturers in minimizing downtime and ensuring consistent product quality.
  • Emphasis on Sustainable Practices:
    Sustainability would emerge as the primary focus in the twin screw extruder market for manufacturers. With growing concerns over the environment and stringent regulations, recycling and use of biodegradable materials would come into greater prominence. Twin screw extruders already play an important role in recycling processes and help manufacturers easily retrieve and process raw materials. For example, citing the European Commission, 30% of plastics are recycled and twin screw technology allows for the relatively economic processing of regrind material. Another potential opportunity area where the demand for such production technologies might grow is sustainable manufacturing practices as industries continue to pursue reduction in their ecological footprint.
  • Specialty Compounds And Customization:
    The demand for customized products has been increasing, and one main trend is due to the fact that consumers require tailored solutions. As a result, manufacturers are looking for versatile and flexible technologies that can produce specialty compounds able to meet specific performance criteria. This role is well fulfilled by the utilization of twin screw extruders because it allows for good mixing and processing capabilities of various materials, including polymers and additives. Yes, there is a lot of individualization, and most companies indicate that more than 50% of their new product lines are based on specialized formulation. This drive for customization is going to help grow twin screw extruders adoption across all these kinds of industry verticals.

Twin Screw Extruders and Parts Market Opportunities

  • Expansion into Bioplastics and Sustainable Materials: Increased demand for bioplastics and sustainable materials has proven to be the greatest future opportunity in the twin screw extruder and parts market. Consequently, growing awareness of consumers on environmental issues makes the demand for greener alternatives to plastics more fashionable. The best processing of bioplastics often involves specific techniques for compounding and mixing to provide the necessary properties. Firms that invest in the development of extruders that can extrude sustainable materials will fulfill this new market demand and stimulate the circular economy. This twin screw extruder and parts market trend in greener material will add twin screw extruder and parts market growth. Companies with the right lead position in such areas are likely to reap a lot from the same.
  • Innovation and New Technological Developments: The other high opportunity comes through continuous technology evolution in the extrusion industry. Smart manufacturing and automation can make the twin screw extruders more effective and efficient. For instance, the process monitoring of the real time of the extruder through Internet of Things technologies may ensure good quality with minimal waste material. In addition, breakthroughs in the material science sector can also allow the introduction of new polymer blends that can be processed using twin screw technology. The manufacturing capabilities as well as the competitive advantage of manufacturers focusing on research and development to introduce such advanced technologies shall improve, Improing twin screw extruder market share.
  • Growing Markets Gain Traction: Emerging markets, especially Asia-Pacific and Latin America, become a significant prospect for growth for twin screw extruder manufacturers. Rapid industrialization and at the same time fast pace of urbanization in these regions, with an ever-growing demand for consumer products, provide great need for advanced manufacturing technologies. Country like India and China have continuously been growing plastics production because their population is increasing and changing lifestyles are making it easy for twin screw extruders to find acceptance in the markets there. The companies that will best respond to this increasingly attractive demand opportunity are those that strategically invest in these emerging markets and build local partnerships.

Twin Screw Extruders and Parts Market Regional Insights

The regional trends and factors influencing the Twin Screw Extruders and Parts Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Twin Screw Extruders and Parts Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

  • Get the Regional Specific Data for Twin Screw Extruders and Parts Market

Twin Screw Extruders and Parts Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 4.2%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Product
  • Co-Rotating
  • Counter Rotating
By Material
  • Polyvinyl chloride
By Component
  • Heaters
  • Screw Drivers
  • Dies
By End User
  • Automotive
  • Oil and Gas
  • Consumer goods
  • Packaging
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Apex Engineers
  • DEGUMA-SCHÜTZ GmbH
  • Extrusion Technik USA, Inc.
  • KraussMaffei Berstorff
  • MITSUBA MFG. CO., LTD.
  • Maris S.P.A.
  • Reifenhauser India Marketing Limited
  • Sino-Alloy Machinery Inc
  • W. Brabender Instruments Inc.

  • Twin Screw Extruders and Parts Market Players Density: Understanding Its Impact on Business Dynamics

    The Twin Screw Extruders and Parts Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Twin Screw Extruders and Parts Market are:

    1. Apex Engineers
    2. DEGUMA-SCHÜTZ GmbH
    3. Extrusion Technik USA, Inc.
    4. KraussMaffei Berstorff
    5. MITSUBA MFG. CO., LTD.

    Disclaimer: The companies listed above are not ranked in any particular order.



    • Get the Twin Screw Extruders and Parts Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Twin Screw Extruders and Parts Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Twin Screw Extruders and Parts Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    The List of Companies

    •  Apex Engineers
    •  DEGUMA-SCHÜTZ GmbH
    •  Extrusion Technik USA, Inc.
    •  KraussMaffei Berstorff
    •  MITSUBA MFG. CO., LTD.
    •  Maris S.P.A.
    •  Reifenhauser India Marketing Limited
    •  Sino-Alloy Machinery Inc
    •  W. Brabender Instruments Inc.
    •  Well Shyang Machinery Co., Ltd. (WSM)
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    Frequently Asked Questions

    What are the options available for the customization of this report?

    Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

    What are the deliverable formats of Twin Screw Extruders and Parts market report?

    The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.

    What are the future trends of the Twin Screw Extruders and Parts market?

    In order to suit a variety of industry needs and improve performance, future trends in the twin screw extruders and parts market will likely include greater customization, the incorporation of Industry 4.0 technologies, an emphasis on sustainability, an increase in demand for compounding applications, and improvements in energy efficiency.

    Which are the leading players operating in the Twin Screw Extruders and Parts market?

    Apex Engineers, DEGUMA SCH TZ GmbH, Extrusion Technik USA Inc, KraussMaffei Berstorff, MITSUBA MFG CO LTD, Maris S P A, Reifenhauser India Marketing Limited, Sino Alloy Machinery Inc, W Brabender Instruments Inc are key market players

    What is the expected CAGR of the Twin Screw Extruders and Parts market?

    The market is expected to register a CAGR of 4.2% during 2023–2031

    What are the driving factors impacting the Twin Screw Extruders and Parts market?

    Driving factors impacting the Twin Screw Extruders and Parts market include rising demand for advanced materials in various industries, increasing automation in manufacturing processes, technological advancements in extrusion techniques, and the growing need for efficient and flexible production systems.