TWIN SCREW EXTRUDERS | MACHINERY
Extruder makers target quality and ease of use
Twin screw compounding machinery makers are focusing development efforts on process efficiency, ease of use, and suitability for recycling and upcycling, writes Chris Saunders
The twin screw compounding extruder market did not escape the impact of Covid-19, which inter- rupted production schedules and created supply chain issues. Recovery is now well underway, however, with a return to growth in traditional market sectors being supplemented by newer growth areas, many aligned to recycling and sustainability. According to a report published recently by
Research and Markets, the global market for twin screw extruders will grow at a CAGR rate of 1.6% to reach $1bn by 2027. It puts the US as the largest geographical sector with an estimated value of $253.5m in 2020, while China is forecast to reach a market size of $200m by 2027 (seeing a CAGR of 3.3% over the 2020-2027 analysis period). Other
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noteworthy geographic markets include Japan and Canada, which the report says will see CAGRs of 0.2% and 1.1% respectively over the same period. Germany is expected to grow at approximately 0.6% CAGR.
In development terms, the trend to equipment and systems offering enhanced capabilities and targeting specific requirements is likely to continue at pace. Allied to this will be the introduction of features that respond to post-Covid challenges such as labour shortages and the accelerating move to cut carbon emissions. Compounders should expect to see new equipment introductions that are easier to operate, more energy efficient, and more compact. The flexibility to handle a broader range of materials – including recyclates – will also feature.
Main image: The compound- ing extruder market
continues to see new introductions and new players, such as Germany’s Intelligent Pelletizing Solutions
� March 2023 | COMPOUNDING WORLD 41
IMAGE: INTELLIGENT PELLETIZING SOLUTIONS
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