1. Global Single Screw Extruders Market Insight Analysis
The global Single Screw Extruders market value reached $3,052.38 million in 2024, with a Compound Annual Growth Rate (CAGR) of 5.73% from 2024 to 2033.
A single screw extruder is a versatile and widely used machine in the plastics industry. It is primarily employed for extruding thermoplastics such as polyvinyl chloride (PVC) and polyethylene (PE). The extruder’s design allows for the processing of a variety of plastic products, including blown film, extruded tubes, plates, and ribbons. The simplicity and relatively low cost of single screw extruders make them a popular choice for both laboratory and industrial applications. They are used in the production of pipes, sheets, profiles, and granules, among other products.
The key components of a single screw extruder include the screw, barrel, and extrusion die, which work together to melt and shape the plastic material. The screw diameter is a critical factor in determining the extruder’s capacity and application range, with diameters ranging from less than 60 mm to over 120 mm.
Figure Global Single Screw Extruders Market Size (M USD) and CAGR (2024-2033)
2. Driving and Limiting Factors of Single Screw Extruders Market Growth
The growth of the Single Screw Extruders market is driven by several key factors. The global economic recovery has spurred manufacturing growth, leading to increased investment in industrial equipment. The plastics industry, in particular, has benefited from the trend of replacing traditional materials like steel and wood with plastics, which are lighter, more durable, and often more cost-effective. This trend is especially prominent in emerging economies like China, where the demand for high-quality plastic machinery is strong. Additionally, the growth in the consumer goods industry has driven the need for plastic products, further fueling the market for single screw extruders.
However, the market also faces certain challenges. The plastics industry is highly competitive, with many market participants vying for a share of the market. This competition can lead to price pressures and reduced profit margins for manufacturers. Additionally, the development of alternative materials and technologies could potentially limit the market’s growth. Environmental regulations and concerns about plastic waste are also becoming more prominent, which may impact the long-term demand for plastic products and, by extension, single screw extruders.
3. Technology Innovation and Corporate Mergers and Acquisitions in Single Screw Extruders Market
Technological innovation plays a crucial role in the Single Screw Extruders market. Manufacturers are constantly working to improve the efficiency, precision, and versatility of their products. For example, advancements in screw design and materials have led to extruders that can process a wider range of materials at higher speeds and with greater energy efficiency. Additionally, the integration of smart technologies, such as IoT sensors and automation, is becoming more common, allowing for real-time monitoring and control of the extrusion process.
Corporate mergers and acquisitions have also shaped the market landscape. Major players like KraussMaffei, Milacron, and Reifenhauser Group have engaged in strategic acquisitions to expand their product portfolios and strengthen their market positions. For instance, Hillenbrand’s acquisition of Milacron in 2019 was a significant move aimed at consolidating resources and enhancing capabilities in the plastics processing equipment market. Similarly, Reifenhauser Group’s acquisition of EDS GmbH in 2018 expanded its expertise in die production and film tools.
4. Global Single Screw Extruders Market Size by Type
Single screw extruders are essential machines used in the plastics industry for processing thermoplastics into various products. They are categorized based on the diameter of the screw, which significantly impacts their performance and applications. The three main types of single screw extruders are those with screw diameters less than 60 mm, between 60 and 120 mm, and greater than 120 mm.
Screw diameters less than 60 mm are designed for processing smaller quantities of material and are commonly used in applications requiring high precision and flexibility. These extruders are ideal for producing small-diameter pipes, thin films, and other delicate plastic products. In 2024, the revenue generated by this segment was approximately $1,700.74 million. This segment accounted for approximately 56.93% of the total market revenue, making it the largest segment by revenue.
Screw diameters between 60 and 120 mm are versatile and suitable for a wide range of industrial applications. These extruders are used for producing medium-sized plastic products such as pipes, profiles, and sheets. Their larger diameter allows for higher throughput compared to smaller extruders. In 2024, the revenue generated by this segment was approximately $759.67 million. This segment held a market share of approximately 24.63% in 2024.
Screw diameters greater than 120 mm are designed for heavy-duty applications and are used in industries requiring large-scale production of plastic products. These extruders are capable of processing high volumes of material and are used for producing large-diameter pipes, heavy-duty sheets, and other large plastic components. In 2024, the revenue generated by this segment was approximately $591.97 million. This segment accounted for about 18.43% of the total market revenue in 2024.
Table Global Single Screw Extruders Market Size by Type in 2024
Market Size (M USD) 2024 | |
Screw Dia < 60 Mm | 1700.74 |
Screw Dia 60-120 Mm | 759.67 |
Screw Dia > 120 Mm | 591.97 |
5. Global Single Screw Extruders Market Size by Application
Single screw extruders are utilized in various applications across multiple industries. The primary applications include laboratory use, industrial use, and other specialized uses.
Laboratory use involves the application of single screw extruders in research and development settings. These extruders are used for small-scale experiments, material testing, and prototype development. They are crucial for academic institutions, research labs, and product development centers. In 2024, the market value of this segment was approximately $214.07 million. Laboratory use accounted for approximately 7.85% of the total market value in 2024.
Industrial use is the primary application of single screw extruders, accounting for the majority of the market. These extruders are used in large-scale production processes in industries such as plastics, packaging, automotive, and construction. They are essential for manufacturing a wide range of products, including pipes, films, sheets, and profiles. In 2024, the market value of this segment was approximately $2,511.86 million. Industrial use held the largest market share, accounting for approximately 80.16% of the total market value in 2024.
Table Global Single Screw Extruders Market Size by Application in 2024
Application | Market Size (M USD) 2024 |
Laboratory Use | 214.07 |
Industrial Use | 2511.86 |
Others | 326.45 |
6. Global Single Screw Extruders Market by Top Regions
The Asia-Pacific region emerged as the largest market by revenue in 2024, with a total market value of $1,546.90 million. This region’s dominance can be attributed to several factors, including rapid industrialization, growing demand for plastic products, and the presence of major manufacturing hubs in countries such as China, Japan, and South Korea. The region’s strong economic growth and increasing investments in infrastructure and manufacturing have significantly contributed to the demand for single screw extruders.
North America, comprising the United States, Canada, and Mexico, had a market value of $653.05 million in 2024. This region is characterized by a mature plastics industry with a strong focus on innovation and technological advancements. The United States, in particular, is a significant player in the global plastics market, with a well-established industrial base and high demand for high-quality plastic products.
Europe had a market value of $714.41 million in 2024. The region is known for its diverse industrial landscape, with significant contributions from countries such as Germany, the United Kingdom, France, Italy, and Spain. The European market is characterized by a strong emphasis on quality and sustainability, driven by stringent regulations and consumer preferences. The plastics industry in Europe is highly competitive, with a focus on innovation and the development of advanced materials and processing techniques.
The Middle East & Africa region had a market value of $78.39 million in 2024. This region includes countries such as Saudi Arabia, the United Arab Emirates, Egypt, Nigeria, and South Africa.
South America had a market value of $59.63 million in 2024. This region includes countries such as Brazil, Argentina, Colombia, and Chile. The market in South America is characterized by a growing plastics industry, driven by increasing demand from sectors such as automotive, packaging, and construction.
Figure Global Single Screw Extruders Market Size by Region in 2024
7. Global Single Screw Extruders Market Analysis by Major Players
7.1 KraussMaffei
Company Introduction and Business Overview:
KraussMaffei, founded in 1838, is a leading manufacturer of industrial machinery. The company specializes in injection molding machinery, extrusion equipment, and reaction technology for producing plastic and rubber products. KraussMaffei serves a wide range of industries, including automotive, construction, consumer goods, electrical, chemical, and pharmaceutical sectors. The company has manufacturing bases in Europe, China, and the USA, with a global market distribution.
Products Offered:
KraussMaffei’s single screw extruders are renowned for their high production reliability and consistent output quality. The company offers a variety of extruders, including the 36D series, which combines high output rates with outstanding product quality.
7.2 Milacron
Company Introduction and Business Overview:
Milacron, established in 1860, is a major player in the plastics processing equipment market. The company manufactures and distributes a wide range of plastic processing equipment, including injection molding machines and extrusion systems. Milacron’s products are used in various industries, such as automotive, packaging, and consumer goods. The company has manufacturing facilities in the Americas, Asia-Pacific, and Europe, with a global market presence.
Products Offered:
Milacron’s single screw extruders include the PAK series, which offers high performance and efficiency. The company’s extruders are designed for various applications, including pipe extrusion, sheet extrusion, and profile extrusion.
7.3 Reifenhauser Group
Company Introduction and Business Overview:
Founded in 1911, Reifenhauser Group is a leading provider of innovative technologies and components for plastics extrusion. The company specializes in producing high-quality extrusion equipment for a variety of applications. Reifenhauser Group has manufacturing bases in Germany, the USA, and China, with a global distribution network.
Products Offered:
Reifenhauser Group’s single screw extruders are designed to meet a wide range of product requirements. The company offers customized solutions for various raw materials and applications, ensuring high flexibility and cost-effectiveness.