Parallel Twin Screw Extruder Market
Parallel Twin Screw Extruder Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Parallel Twin Screw Extruder Market Size and Growth
The Parallel Twin Screw Extruder market is poised for significant growth, driven by rising demand in the plastics and food processing industries. Current market size is estimated at approximately $3 billion, with a projected CAGR of 5% over the next five years, fueled by advancements in processing technologies and increasing applications.
Companies Covered
(Covid 19 Impact Covered)
◍ Battenfeld-Cincinnati
◍ Fangli Group
◍ KraussMaffei
◍ Coperion
◍ Qichang
◍ Leistritz
◍ HMG Extrusions
◍ C&G Extrution Machines
◍ ACERETECH
◍ CPM Extrusion Group
◍ Reifenhäuser
◍ Faygo Union
◍ Ikegai Corp
◍ CW Brabender
◍ Zhoushan Dinghai Tongfa Plastic
◍ K.D. FEDDERSEN
◍ TECHNOVEL
◍ Theysohn Group
The Parallel Twin Screw Extruder Market features key players like Battenfeld-Cincinnati, KraussMaffei, and Coperion, driving growth through innovative technology, customized solutions, and expanding applications in plastics and food processing. Revenue figures for selected companies include:
- Coperion: Approx. $300 million
- KraussMaffei: Approx. $1 billion
These companies strengthen market dynamics and enhance customer offerings.
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Market Segmentation
By Application
◍ Cable Compounds
◍ Engineering Plastics
◍ Masterbatch ◍ Adhesives ◍ Food & Feed ◍ Others
By Product
◍ Co-rotating ◍ Counter-rotating
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Market Growth
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$ X Billion USD
