Key Takeaways
- The global aluminum extrusion market size was valued at USD 112.6 billion in 2023 and is projected to grow at a CAGR of 5.8% from 2024 to 2030.
- Plastic extrusion machinery market reached USD 6.4 billion in 2022, expected to expand at 4.5% CAGR through 2030 due to rising demand for packaging.
- North American extrusion coatings market valued at USD 2.8 billion in 2023, with a forecasted CAGR of 4.2% to 2032.
- In 2023, global plastic extrusion output reached 250 million metric tons annually.
- U.S. aluminum extrusion production volume was 4.2 million tons in 2022.
- China produced 45% of world's plastic extrusions, equating to 112.5 million tons in 2023.
- In 2023, 65% of extrusion lines adopted single-screw technology for plastics.
- Twin-screw extruders accounted for 28% of global installations in aluminum extrusion by 2022.
- Adoption of Industry 4.0 in extrusion reached 42% in Europe by 2023.
- Asia holds 52% of global extrusion capacity in 2023.
- North America aluminum extrusion market share 18% worldwide in 2022.
- Europe plastic extrusion production 25% of global total in 2023.
- Construction sector consumes 35% of extruded aluminum globally in 2023.
- Packaging uses 28% of plastic extrusion output worldwide 2023.
- Automotive industry accounts for 22% of plastic profiles extrusion 2022.
The global extrusion industry is experiencing strong growth across all materials and markets.
End-User Applications
- Construction sector consumes 35% of extruded aluminum globally in 2023.
- Packaging uses 28% of plastic extrusion output worldwide 2023.
- Automotive industry accounts for 22% of plastic profiles extrusion 2022.
- Building & construction sector 42% of PVC pipe extrusion demand 2023.
- Food & beverage extruded snacks 65% of snack extrusion market 2023.
- Medical devices utilize 18% of extruded tubing production 2022.
- Electrical sector consumes 15% of aluminum extrusion profiles 2023.
- Agriculture irrigation pipes from extrusion 12% of pipe market 2023.
- Furniture uses 9% of wood-plastic extrusion composites 2022.
- Consumer goods packaging films 55% of film extrusion 2023.
- Transportation sector 25% of rubber extrusion products 2023.
- HVAC systems account for 20% of plastic extrusion ducts 2022.
- Window frames use 30% of aluminum extrusion billets 2023.
- Bottles from extrusion blow molding 40% of rigid packaging 2023.
- Roofing sheets 14% of plastic sheet extrusion 2022.
- Electronics housings 8% of profile extrusion 2023.
- Marine applications 5% of extrusion coatings market 2023.
- Toys and leisure 7% of foam extrusion products 2022.
- Solar panel frames 11% emerging aluminum extrusion use 2023.
- Healthcare packaging 16% of multi-layer extrusion films 2023.
- Appliances sector 19% of sheet extrusion metal 2022.
- Fencing and decking 28% of WPC extrusion decking 2023.
- Cables and wires insulation 33% of rubber extrusion 2023.
- Greenhouse films 22% of agricultural film extrusion 2022.
- Radiator fins 17% of aluminum extrusion in automotive 2023.
- Stretch films for logistics 45% of blown film extrusion 2023.
End-User Applications Interpretation
Market Analysis
- The global aluminum extrusion market size was valued at USD 112.6 billion in 2023 and is projected to grow at a CAGR of 5.8% from 2024 to 2030.
- Plastic extrusion machinery market reached USD 6.4 billion in 2022, expected to expand at 4.5% CAGR through 2030 due to rising demand for packaging.
- North American extrusion coatings market valued at USD 2.8 billion in 2023, with a forecasted CAGR of 4.2% to 2032.
- Global profile extrusion market size stood at USD 78.5 billion in 2021, projected to reach USD 112.3 billion by 2030 at 4.0% CAGR.
- Extrusion blow molding machine market was USD 7.2 billion in 2023, anticipated to grow to USD 10.5 billion by 2030 at 5.5% CAGR.
- U.S. plastic extrusion market revenue hit USD 25.4 billion in 2022, with 3.8% annual growth expected till 2028.
- European aluminum extrusion market valued at EUR 15.2 billion in 2023, growing at 4.7% CAGR driven by construction sector.
- Global pipe extrusion market size estimated at USD 18.9 billion in 2023, projected CAGR of 5.1% to 2031.
- Medical tubing extrusion market reached USD 1.2 billion in 2022, expected to grow at 6.3% CAGR to USD 2.1 billion by 2030.
- Asia-Pacific plastic extrusion market valued at USD 32.7 billion in 2023, with highest CAGR of 5.9% regionally.
- Global extruded snacks market size was USD 55.6 billion in 2023, forecasted to reach USD 82.4 billion by 2030 at 5.8% CAGR.
- Wood plastic composites extrusion market hit USD 6.8 billion in 2022, growing at 9.2% CAGR to 2030.
- Global film extrusion market valued at USD 42.3 billion in 2023, projected 4.1% CAGR through 2032.
- Automotive plastic extrusion market size reached USD 4.5 billion in 2023, expected 5.3% growth to 2030.
- Sheet extrusion market globally worth USD 28.1 billion in 2022, with 4.6% CAGR forecast to 2029.
- Global aluminum extrusion billets market valued at USD 22.4 billion in 2023, growing at 6.1% CAGR.
- PVC pipe extrusion market size was USD 45.2 billion in 2023, projected to USD 68.7 billion by 2032 at 4.7% CAGR.
- Global extrusion tooling market reached USD 1.8 billion in 2022, expected 5.0% CAGR to 2030.
- Biodegradable plastic extrusion market valued at USD 2.3 billion in 2023, with 14.2% CAGR forecast.
- Global rubber extrusion market size stood at USD 12.7 billion in 2023, growing 4.9% to 2031.
Market Analysis Interpretation
Production Statistics
- In 2023, global plastic extrusion output reached 250 million metric tons annually.
- U.S. aluminum extrusion production volume was 4.2 million tons in 2022.
- China produced 45% of world's plastic extrusions, equating to 112.5 million tons in 2023.
- European Union extruded plastic profiles output hit 12.8 million tons in 2022.
- Global pipe and tube extrusion production volume reached 85 million tons in 2023.
- U.S. plastic film extrusion output was 8.5 million tons in 2022.
- India aluminum extrusion production grew to 1.1 million tons in FY2023.
- Global sheet extrusion production volume stood at 22 million tons in 2023.
- Brazil plastic extrusion capacity utilization averaged 78% in 2022, producing 7.2 million tons.
- Middle East aluminum extrusion output reached 950,000 tons in 2023.
- Global extruded polystyrene foam production was 15.4 million cubic meters in 2022.
- Canada plastic profile extrusion volume hit 2.1 million tons in 2023.
- South Korea pipe extrusion production reached 4.8 million tons annually in 2023.
- Global medical tubing extrusion output was 450,000 tons in 2022.
- Australia aluminum extrusion production volume 420,000 tons in 2023.
- Mexico plastic extrusion output grew to 9.3 million tons in 2022.
- Global wood-plastic composite extrusion production 5.2 million tons in 2023.
- Turkey profile extrusion volume reached 3.1 million tons in 2023.
- Southeast Asia film extrusion output totaled 18.7 million tons in 2022.
- Global extrusion blow molding production capacity 120 million units per year in 2023.
- Russia aluminum extrusion production 1.8 million tons in 2022.
- Japan plastic sheet extrusion volume 6.4 million tons in 2023.
- Global rubber extrusion production hit 11.2 million tons in 2023.
- Egypt pipe extrusion output 2.5 million tons annually in 2022.
- Vietnam profile extrusion production grew 15% to 1.9 million tons in 2023.
- Global snack extrusion production volume 28 million tons in 2023.
Production Statistics Interpretation
Regional Insights
- Asia holds 52% of global extrusion capacity in 2023.
- North America aluminum extrusion market share 18% worldwide in 2022.
- Europe plastic extrusion production 25% of global total in 2023.
- China dominates pipe extrusion with 38% global share in 2023.
- Middle East grew extrusion output 8.2% YoY in 2022.
- Latin America profile extrusion market 7% global in 2023.
- India aluminum extrusion capacity 3.5 million tons per year 2023.
- Southeast Asia film extrusion share rose to 15% in 2022.
- U.S. holds 42% of North American extrusion machinery installs 2023.
- Germany leads EU with 22% of extrusion production in 2023.
- Brazil plastic extrusion output 6% South America total 2022.
- Japan sheet extrusion market 12% Asia-Pacific share 2023.
- South Africa aluminum extrusion 1.2% global in 2023.
- Russia plastic profile extrusion 4% Europe share 2022.
- Mexico grew 9.1% in extrusion production 2023.
- Australia wood-plastic extrusion 2% Oceania total 2023.
- Turkey pipe extrusion capacity 2.8 million tons 2023.
- Vietnam film extrusion investments up 25% in 2022.
- Canada medical tubing extrusion 35% NA share 2023.
- Saudi Arabia aluminum extrusion output doubled to 800k tons 2023.
- South Korea rubber extrusion 8% Asia share 2022.
- Egypt plastic extrusion growth 7.5% YoY 2023.
- Indonesia snack extrusion production 10% SEA total 2023.
- UAE extrusion coatings market 15% ME share 2022.
- Argentina profile extrusion 40% LA market 2023.
- Thailand pipe extrusion capacity 1.5 million tons 2023.
Regional Insights Interpretation
Technological Advancements
- In 2023, 65% of extrusion lines adopted single-screw technology for plastics.
- Twin-screw extruders accounted for 28% of global installations in aluminum extrusion by 2022.
- Adoption of Industry 4.0 in extrusion reached 42% in Europe by 2023.
- Nano-composite materials in extrusion increased output efficiency by 22% in trials 2023.
- 3D-printed extrusion dies reduced tooling costs by 35% in 2022 pilots.
- AI predictive maintenance in extruders cut downtime by 18% globally in 2023.
- Barrier screw designs improved melt homogeneity by 15% in plastic extrusion 2023.
- CO2 laser inline gauging adopted in 55% of new film extrusion lines 2023.
- Recycling integration in extruders reached 37% capacity utilization in 2022.
- High-speed extrusion lines for pipes exceeded 20 m/min in 12% of plants 2023.
- Ultrasonic welding post-extrusion boosted joint strength by 25% in 2023.
- Variable frequency drives in extruders saved 12% energy in Asia 2022.
- Multi-layer co-extrusion capabilities hit 11 layers in commercial use 2023.
- Digital twins simulated 95% accuracy in extrusion processes by 2023.
- Plasma treatment for extrusion surfaces improved adhesion by 30% in 2022.
- Gearless direct drives in extruders reduced wear by 40% in 2023 tests.
- Inline rheometer adoption grew 50% in profile extrusion 2023.
- Bi-oriented film extrusion speeds reached 450 m/min commercially 2023.
- Servo-controlled calendering in sheet extrusion precise to 0.01mm in 2022.
- Foam extrusion with chemical blowing agents achieved 50x expansion ratio 2023.
- Robotics for downstream extrusion handling in 68% of new lines 2023.
- UV stabilization additives extended extruded product life by 25 years 2023.
- Electromagnetic heating in extruders cut energy use by 20% in 2022.
- Vision systems detected defects at 99.8% accuracy in film extrusion 2023.
- Continuous mixing extruders processed 30% more recycled content 2023.
Technological Advancements Interpretation
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