PUBLISHER: Polaris Market Research | PRODUCT CODE: 1463047
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1463047
North America Extrusion Machinery Market Share, Size, Trends, Industry Analysis Report, By Material (Metal, Plastic, Others); By Type; By End Use; By Country; Segment Forecast, 2024 - 2032
The North America Extrusion Machinery market size is expected to reach USD 2.20 billion by 2032, according to a new study by Polaris Market Research. The report "North America Extrusion Machinery Market Share, Size, Trends, Industry Analysis Report, By Material (Metal, Plastic, Others); By Type; By End Use; By Country; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The North American extrusion machinery market is experiencing growth due to an increasing focus on energy efficiency. With rising awareness of environmental concerns, manufacturers are prioritizing energy-efficient solutions to reduce their carbon footprint and operating costs. Extrusion machinery plays a crucial role in this shift, as advancements in technology enable the development of energy-efficient extrusion systems. These systems minimize energy consumption during the manufacturing process while maintaining high levels of productivity and quality. As companies seek to meet sustainability goals and regulatory requirements, there's a growing demand for energy-efficient extrusion machinery in the region.
With an aging population and increasing healthcare services demand, there's a rising need for medical devices and pharmaceutical packaging. Extrusion machinery is used for producing various medical components like tubing, catheters, and syringes. Technological advancements enable the fabrication of precise, flexible, and biocompatible materials necessary for medical applications. Additionally, the COVID-19 pandemic has accelerated the demand for medical supplies, further driving the need for efficient production processes supported by extrusion machinery.
As consumer preferences evolve, there's a growing demand for tailored products across industries like automotive, consumer goods, and packaging. Extrusion machinery empowers manufacturers to craft personalized items with unique shapes, sizes, and features, meeting individual customer requirements. Advanced extrusion technology offers flexibility in material choice, color options, and surface finishes, enabling efficient and cost-effective production of customized products. Additionally, additive manufacturing techniques integrated into the extrusion process further enhance customization capabilities, facilitating intricate designs and complex geometries.
The North American extrusion machinery market is witnessing growth due to its integration with renewable energy technologies. As the region shifts towards cleaner energy sources, extrusion machinery is increasingly powered by renewables like solar and wind. This transition reduces carbon emissions, lowers energy costs, and aligns with sustainability goals. Advanced renewable energy technologies, including energy storage and grid integration solutions, enhance the reliability of extrusion machinery.
North America Extrusion Machinery Market Report Highlights
In 2023, the plastic segment held a significant revenue share owing to its durability and lightweight properties and rising demand for recyclable plastics.
The demand for the twin-screw segment is expected to increase during the forecast period owing to enhanced mixing and compounding capability, rising demand in key industries, and compatibility with advanced applications.
In 2023, the construction segment held a significant revenue share owing to infrastructure development and green building trends
In 2023, the U.S. accounted for a significant market share due to industrial dominance, advanced manufacturing infrastructure, and large-scale infrastructure projects.
The market is highly competitive owing to the existence of market players with a global presence, including AMUT S.P.A., BC Extrusion Holding GmbH, Coperion GmbH, Davis Standard, Graham Engineering, KraussMaffei, Milacron, LLC, and NFM Welding Engineers, Inc. among others.
Polaris Market Research has segmented the North America Extrusion Machinery market report based on material, type, end use, and country:
North America Extrusion Machinery, Material Outlook (Revenue - USD Billion, 2019 - 2032)
- Metal
- Plastic
- Others
North America Extrusion Machinery, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Twin-screw
- Single-screw
North America Extrusion Machinery, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Automotive
- Construction
- Packaging
- Consumer Goods
- Others
North America Extrusion Machinery, Country Outlook (Revenue - USD Billion, 2019 - 2032)
- U.S.
- Canada
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. North America Extrusion Machinery Market Insights
- 4.1. North America Extrusion Machinery Market - Industry Snapshot
- 4.2. North America Extrusion Machinery Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Surging construction and infrastructure projects are projected to spur product demand
- 4.2.1.2. The emergence of Industry 4.0 and smart manufacturing
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Supply chain disruptions
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. North America Extrusion Machinery Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. North America Extrusion Machinery Market, by Material
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. North America Extrusion Machinery, by Material, 2019-2032 (USD Billion)
- 5.3. Metal
- 5.3.1. North America Extrusion Machinery Market, by Metal, 2019-2032 (USD Billion)
- 5.4. Plastic
- 5.4.1. North America Extrusion Machinery Market, by Plastic, 2019-2032 (USD Billion)
- 5.5. Others
- 5.5.1. North America Extrusion Machinery Market, by Others, 2019-2032 (USD Billion)
6. North America Extrusion Machinery Market, by Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. North America Extrusion Machinery Market, by Type, 2019-2032 (USD Billion)
- 6.3. Twin-screw
- 6.3.1. North America Extrusion Machinery Market, by Twin-screw, 2019-2032 (USD Billion)
- 6.4. Single-screw
- 6.4.1. North America Extrusion Machinery Market, by Single-screw, 2019-2032 (USD Billion)
7. North America Extrusion Machinery Market, by End-Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. North America Extrusion Machinery Market, by End-Use, 2019-2032 (USD Billion)
- 7.3. Automotive
- 7.3.1. North America Extrusion Machinery Market, by Automotive, 2019-2032 (USD Billion)
- 7.4. Construction
- 7.4.1. North America Extrusion Machinery Market, by Construction, 2019-2032 (USD Billion)
- 7.5. Packaging
- 7.5.1. North America Extrusion Machinery Market, by Packaging, 2019-2032 (USD Billion)
- 7.6. Consumer Goods
- 7.6.1. North America Extrusion Machinery Market, by Consumer Goods, 2019-2032 (USD Billion)
- 7.7. Others
- 7.7.1. North America Extrusion Machinery Market, by Others, 2019-2032 (USD Billion)
8. North America Extrusion Machinery Market, by Countries
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. North America Extrusion Machinery Market Assessment, By Countries, 2019-2032 (USD Billion)
- 8.2.2. North America Extrusion Machinery Market - U.S.
- 8.2.2.1. U.S.: North America Extrusion Machinery Market, by Type, 2019-2032 (USD Billion)
- 8.2.2.2. U.S.: North America Extrusion Machinery Market, by Material, 2019-2032 (USD Billion)
- 8.2.2.3. U.S.: North America Extrusion Machinery Market, by End-Use, 2019-2032 (USD Billion)
- 8.2.3. North America Extrusion Machinery Market - Canada
- 8.2.3.1. Canada.: North America Extrusion Machinery Market, by Type, 2019-2032 (USD Billion)
- 8.2.3.2. Canada.: North America Extrusion Machinery Market, by Material, 2019-2032 (USD Billion)
- 8.2.3.3. Canada.: North America Extrusion Machinery Market, by End-Use, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. AMUT S.P.A
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Material Benchmarking
- 10.1.4. Recent Development
- 10.2. BC Extrusion Holding GmbH
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Material Benchmarking
- 10.2.4. Recent Development
- 10.3. Coperion GmbH
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Material Benchmarking
- 10.3.4. Recent Development
- 10.4. Davis Standard
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Material Benchmarking
- 10.4.4. Recent Development
- 10.5. Extrudex Aluminum
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Material Benchmarking
- 10.5.4. Recent Development
- 10.6. Extrusion Technik USA, Inc
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Material Benchmarking
- 10.6.4. Recent Development
- 10.7. Graham Engineering
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Material Benchmarking
- 10.7.4. Recent Development
- 10.8. KraussMaffei
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Material Benchmarking
- 10.8.4. Recent Development
- 10.9. Milacron, LLC
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Material Benchmarking
- 10.9.4. Recent Development
- 10.10. NFM Welding Engineers, Inc.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Material Benchmarking
- 10.10.4. Recent Development
- 10.11. RDN Manufacturing Co., Inc.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Material Benchmarking
- 10.11.4. Recent Development
- 10.12. The Japan Steel Works, LTD.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Material Benchmarking
- 10.12.4. Recent Development
- 10.13. United States Extruders, Inc
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Material Benchmarking
- 10.13.4. Recent Development
- 10.14. Universal Dynamics, Inc.
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Material Benchmarking
- 10.14.4. Recent Development
- 10.15. Wenger Manufacturing
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Material Benchmarking
- 10.15.4. Recent Development
List of Tables
- Table 1 North America Extrusion Machinery Market, by Type, 2019-2032 (USD Billion)
- Table 2 North America Extrusion Machinery Market, by Material, 2019-2032 (USD Billion)
- Table 3 North America Extrusion Machinery Market, by End-Use, 2019-2032 (USD Billion)
- Table 4 North America Extrusion Machinery Market Assessment, By Countries, 2019-2032 (USD Billion)
- Table 5 U.S.: North America Extrusion Machinery Market, by Type, 2019-2032 (USD Billion)
- Table 6 U.S.: North America Extrusion Machinery Market, by Material, 2019-2032 (USD Billion)
- Table 7 U.S.: North America Extrusion Machinery Market, by End-Use, 2019-2032 (USD Billion)
- Table 8 Canada.: North America Extrusion Machinery Market, by Type, 2019-2032 (USD Billion)
- Table 9 Canada.: North America Extrusion Machinery Market, by Material, 2019-2032 (USD Billion)
- Table 10 Canada.: North America Extrusion Machinery Market, by End-Use, 2019-2032 (USD Billion)
List of Figures
- Figure 1 North America Extrusion Machinery Market, 2019-2032 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Countries
- Figure 5 Porter's Five Forces
- Figure 6 Market by Type
- Figure 7 North America Extrusion Machinery Market, by Type, 2021 & 2030 (USD Billion)
- Figure 8 Market by Material
- Figure 9 North America Extrusion Machinery Market, by Material, 2021 & 2030 (USD Billion)
- Figure 10 Market by End-Use
- Figure 11 North America Extrusion Machinery Market, by End-Use, 2021 & 2030 (USD Billion)
- Figure 12 North America Extrusion Machinery Market Assessment, By Countries, 2019-2032 (USD Billion)
- Figure 13 Strategic Analysis - North America Extrusion Machinery Market
