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Extruders Market is expected to reach USD XX Billion by 2026 from USD 9.30 Billion in 2018 at a CAGR of XX %.
Expansion in middle-class population, growing global economy, and rising consumer spending across the globe have resulted in the increasing demand for consumer goods and vehicles in the emerging economies. This is driving the demand for extruders. Rising consumption of extruded components and products in construction, building and transportation industries, increasing demand from the packaging industries, rubber and beverage industries along with technological advancements are expected to propel the requirement for the extruders market.
Single screw extruder, twin screw extruder and ram extruder are types of extruder. Single screw extruder segment is expected to hold major share due to low maintenance costs and high throughput of the single screw extruders. Ram extruder segment is expected to grow at a high CAGR during the forecast period.
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Last Update : 27 July 2020
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|Item Owner : ashwini|
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