HOME Research Insight Milacron Holdings Corp. (US) and Coperion GmbH (Germany) are the leading players in the Extruders Market

Milacron Holdings Corp. (US) and Coperion GmbH (Germany) are the leading players in the Extruders Market

The extruders market is projected to grow at a CAGR of 4.42% from 2017 to 2022, in terms of value. The increasing demand for extruded products from the emerging economies such as China, India, and Brazil and various countries of the Middle East is expected to drive the growth of the extruders market across the globe. The extruders market has been segmented based on the type, end-use industry, and region.

The key players operating in the extruders market include Milacron Holdings Corp. (US), Toshiba Machine Co., Ltd. (Japan), The Japan Steel Works, Ltd. (Japan), Coperion GmbH (Germany), Battenfeld-Cincinnati (Germany), Davis-Standard, LLC (US), LEISTRITZ AG (Germany), Clextral (France), KraussMaffei (Germany), PRESEZZI EXTRUSION S.p.A. (Italy), and NFM (US). These players have adopted various growth strategies to expand their global presence and increase their market shares. Expansions, acquisitions, agreements, and new product launches were the key strategies adopted by the leading manufacturers of extruders in the recent past to strengthen their positions in the extruders market.

Milacron Holdings Corp. (US) is a leading manufacturer, distributor, and service provider of engineered and customized systems for the plastic and processing industry. The company manufactures and distributes extruders used in the automotive, construction, and medical industries. It has been focusing on the strategies of new product launches to increase its market reach. In January 2017, the company launched a new product, namely, TC 5 extrusion machine to cater the growing demand for extruders from the Indian market. In November 2016, the company launched a new machinery for extrusion of polyolefin sheets. In the same year, the company opened a new facility in Ahmedabad (India) to manufacture extrusion machinery for the Indian market.

Coperion GmbH (Germany), which is a subsidiary of Hillenbrand Inc. (US), is one of the leading manufacturers of systems and equipment used in the plastics, chemicals, food, and pharmaceuticals industries. It has adopted the strategies of new product launches and expansions to strengthen its position in the extruders market. In July 2017, the company expanded its Wytheville plant (US) to increase its production capacity of extruder machinery. In November 2016, the company launched a new product, which is a compact version of its Mc18 series twin screw extruder. This new product launch helped the company address the increasing demand for extruders from the manufacturers of extruded products across the globe.

Related Reports:

Extruders Market by Type (Single Screw, Twin Screw, Ram), End-Use Industry (Building & Construction, Transportation, Consumer Goods), and Region - Global Forecast to 2022

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