Rubber Screw Extruder Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Rubber Screw Extruder Market
The global rubber screw extruder market size was valued at USD 0.93 billion in 2023 and is expected to reach a valuation of USD 0.96 billion in 2024. The market is predicted to touch USD 1.31 billion by 2032, recording a CAGR of 4.0% during the forecast period of 2024-2032.
A rubber screw extruder refers to a tool that shapes and processes rubber-based materials by forcing them through a die. This machine is used to create rubber components of different shapes and sizes, such as seals, gaskets, valves, and rubber couplings. They are extensively used in the consumer goods, electronics, automotive, and manufacturing industries. Many industries use rubber-based components due to their durability and high versatility, which is expected to boost the demand for these extruders.
One of the key factors boosting the rubber screw extruder market growth includes technological advancements and introduction of automation. These extruders are experiencing technological innovations, which have improved their features, such as productivity, efficiency, and quality of product. Moreover, automation is also being introduced in many rubber extruders to ensure precise control over the extrusion process and have consistent quality in all of the products produced using the automated extruder. These advantages will increase the adoption of these extruders in several industries, which will positively impact the market’s growth.
Comprehensive Analysis of Rubber Screw Extruder Market
The market is divided into two segments: end-user and technology. Based on technology, the market is classified into cold feed extruder and hot feed extruder. The cold feed extruder segment is dominating the global market as this type of extruder is used in the production of a wide range of products, such as automotive components, tires, and consumer goods. Based on end-user, the market is segmented into automotive, manufacturing, oil & gas, consumer goods, medical & healthcare, and others. The others segment consists of aerospace, agriculture, etc. The automotive segment dominated the global rubber screw extruder market share in 2023 due to the growing use of these extruders in the production of rubber components, such as belts, tires, and hoses for vehicles.
The market’s study covers regions, such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Out of these regions, Asia Pacific held a dominant share of the global market in terms of revenue in 2023 as several sectors across the region, such as automotive, consumer goods, and healthcare are growing at a strong pace.
Some of the key companies driving the rubber screw extruder market growth include KraussMaffei Group GmbH (Germany), CPM Holdings Inc. (CPM Extrusion Group) (U.S.), Anton Paar (Brabender) (Austria), Hillenbrand Inc. (Coperion GmbH) (U.S.), Davis Standard (Battenfeld Cincinnati) (U.S.), Troester GmbH (Spain), Leistritz Extrusionstechnik GmbH (Germany), Colmec S.p.A. (Italy), Maris S.p.A. (Italy), Mitsuba Mfg. Co. Ltd. (Japan). These market players are collaborating with other firms to develop and launch cutting-edge extruders to cater to the unique needs of various industries.
In August 2023, Anton Paar GmbH, an Austrian manufacturer and supplier of material measurement instruments, announced the acquisition of Brabender GmbH & Co. KG from Duisburg, Germany. Brabender, a company famous for its extruders, was acquired mainly for its materials measurement and testing instruments, which are used in industries, such as feed, food, battery, and chemicals.
Table of Segmentation
Global Rubber Screw Extruder Market Scope
Study Period 2019-2032
Base Year 2023
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 4.0% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Technology, End-User, and Region
By Technology
Cold Feed Extruder
Hot Feed Extruder
By End-User
Automotive
Manufacturing
Oil & Gas
Consumer Goods
Medical and Healthcare
Others (Aerospace, etc.)
By Region
North America (By Technology, End-User, and Country)
U.S.
Canada
Mexico
Europe (By Technology, End-User, and Country)
Germany
U.K.
France
Italy
Spain
Russia
Nordics
Benelux
Rest of Europe
Asia Pacific (By Technology, End-User, and Country)
China
Japan
India
South Korea
Southeast Asia
Oceania
Rest of Asia Pacific
Middle East & Africa By Technology, End-User, and Country)
Turkey
Israel
GCC
North Africa
South Africa
Rest of the Middle East & Africa
South America (By Technology, End-User, and Country)
Brazil
Argentina
Rest of South America