| Product Code: ETC4492645 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India extruders market import shipments demonstrated robust growth with a CAGR of 17.8% from 2020 to 2024. In the most recent period between 2023 and 2024, the growth rate accelerated to 23.8%, indicating a significant expansion in market demand. The market is clearly on an upward trajectory, showing strong momentum and a consistent growth trend.
The India Extruders Market is growing as industries rely on extrusion technology for the production of various plastic and metal products. Extruders are critical for shaping materials into desired forms, making them essential in sectors like packaging, construction, and automotive. The market`s expansion is driven by the diverse applications of extrusion technology in India manufacturing.
The India extruders market is witnessing growth driven by the plastics and polymer processing industry. Extruders play a vital role in shaping and processing raw materials into various products, such as pipes, films, and profiles. The booming construction and packaging industries, along with the demand for innovative and sustainable materials, contribute to the adoption of advanced extrusion technology. Additionally, the emphasis on process efficiency, product quality, and the development of customized extrusion solutions further stimulate market expansion.
The extruders market in India faces challenges related to the customization of equipment to meet diverse industry requirements. Different industries require various types of extruders, and meeting these specific needs can be complex. Additionally, maintaining consistent product quality, especially for food and plastic processing, is a challenge. The demand for sustainable and energy-efficient extrusion solutions further complicates product development.
The COVID-19 pandemic had a mixed impact on the India extruders market. The disruptions in industrial activities and the challenges in supply chains affected the procurement of extrusion equipment for various manufacturing processes. However, the demand for certain extruders used in industries like food processing and pharmaceuticals remained stable due to their essential role in production. Additionally, as industries recover and adapt to new demands, the India extruders market is expected to rebound, with a focus on technology upgrades and efficiency improvements.
In the extruders market, companies like Windsor Machines and Kabra Extrusiontechnik are key players in India. These firms manufacture a wide range of extrusion machinery used in plastic and rubber processing industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Extruders Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Extruders Market Revenues & Volume, 2021 & 2031F |
3.3 India Extruders Market - Industry Life Cycle |
3.4 India Extruders Market - Porter's Five Forces |
3.5 India Extruders Market Revenues & Volume Share, By Extruder Type, 2021 & 2031F |
3.6 India Extruders Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Extruders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for plastic products in various industries such as packaging, construction, and automotive |
4.2.2 Technological advancements in extrusion machinery leading to higher efficiency and productivity |
4.2.3 Government initiatives promoting domestic manufacturing and Make in India campaign |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Intense competition from alternative technologies like injection molding and blow molding |
4.3.3 Economic uncertainties and fluctuations affecting investment decisions |
5 India Extruders Market Trends |
6 India Extruders Market, By Types |
6.1 India Extruders Market, By Extruder Type |
6.1.1 Overview and Analysis |
6.1.2 India Extruders Market Revenues & Volume, By Extruder Type, 2021-2031F |
6.1.3 India Extruders Market Revenues & Volume, By Single-Screw, 2021-2031F |
6.1.4 India Extruders Market Revenues & Volume, By Twin-Screw, 2021-2031F |
6.1.5 India Extruders Market Revenues & Volume, By Ram, 2021-2031F |
6.2 India Extruders Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Extruders Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 India Extruders Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 India Extruders Market Revenues & Volume, By Consumer Goods, 2021-2031F |
7 India Extruders Market Import-Export Trade Statistics |
7.1 India Extruders Market Export to Major Countries |
7.2 India Extruders Market Imports from Major Countries |
8 India Extruders Market Key Performance Indicators |
8.1 Energy efficiency of extrusion processes |
8.2 Adoption rate of advanced extrusion technologies |
8.3 Average lead time for manufacturing extruders |
8.4 Number of new product developments in the extrusion industry |
8.5 Rate of adoption of sustainable practices in extrusion processes |
9 India Extruders Market - Opportunity Assessment |
9.1 India Extruders Market Opportunity Assessment, By Extruder Type, 2021 & 2031F |
9.2 India Extruders Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Extruders Market - Competitive Landscape |
10.1 India Extruders Market Revenue Share, By Companies, 2024 |
10.2 India Extruders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |