Twin Screw Extruders Market Size, Share, Trends, Industry Analysis Report
By Product (Co-rotating Twin Screw Extruders and Counter-rotating Twin Screw Extruders), By End-Use, and By Region – Market Forecast, 2025–2034
- Published Date:Sep-2025
- Pages: 120
- Format: PDF
- Report ID: PM6340
- Base Year: 2024
- Historical Data: 2020-2023
Overview
The global twin screw extruders market size was valued at USD 2.91 billion in 2024, growing at a CAGR of 5.06% from 2025 to 2034. Key factors driving demand for twin screw extruders include industrialization and manufacturing growth, coupled with global trade and supply chain expansion.
Key Insights
- The co-rotating twin screw extruders segment dominated the market share in 2024.
- The pharmaceutical sector segment is projected to grow at a rapid pace in the coming years, due to the increasing use of twin screw extrusion in drug formulation, solubility enhancement, and continuous manufacturing processes.
- The Asia Pacific twin screw extruders market dominated the global market share in 2024.
- China twin screw extruders market is growing, fueled by the country’s rapidly growing electronics, packaging, and polymer industries.
- The market in the Middle East is projected to grow at a fast pace from 2025-2034, driven by the strong presence of the petrochemical industry in countries such as Saudi Arabia and the UAE.
- The market in Saudi Arabia is growing rapidly, attributed to the government-led diversification strategies such as Saudi Vision 2030.
Industry Dynamics
- Rapid industrialization and the expansion of manufacturing sectors are boosting the adoption of twin screw extruders, due to the rising reliance of industries on efficient compounding and processing solutions to meet increasing demand for plastics, chemicals, and specialty materials.
- Growth in global trade and supply chain networks is driving demand for advanced extrusion systems, with manufacturers adopting twin screw extruders to support the rising cross-border movement of polymer-based products and processed materials.
- Advancements in 3D printing and additive manufacturing feedstock processing are creating new opportunities for twin screw extruder manufacturers, enabling the production of high-quality and customized feedstocks for next-generation manufacturing applications.
- High initial investment and operating costs remain a major restraint, limiting adoption among small and mid-sized enterprises that face challenges in deploying advanced twin screw extrusion systems.
Market Statistics
- 2024 Market Size: USD 2.91 Billion
- 2034 Projected Market Size: USD 4.76 Billion
- CAGR (2025–2034): 5.06%
- Asia Pacific: Largest Market Share
The twin screw extruders market comprises advanced extrusion systems designed to provide high-performance processing, flexibility, and precision across a wide range of industrial applications. Extensively used in plastics, food, pharmaceuticals, chemicals, and polymer compounding, twin screw extruders offer superior mixing, consistent output, and enhanced process control. Rising technological advancements in screw design, modular configurations, and automation are improving throughput, energy efficiency, and adaptability to diverse feedstocks, supporting sustainable and optimized production processes. These extruders offer precise temperature control, reduced material waste, and seamless integration with downstream systems, contributing to efficient manufacturing, enhanced product quality, and scalable industrial operations.
Rising environmental regulations toward sustainable production and circular economy practices are increasing the demand for twin screw extruders. Governments and regulatory bodies are increasingly emphasizing the use of bio-based polymers, recycled plastics, and sustainable manufacturing methods, creating strong demand for advanced extrusion systems capable of processing diverse and sustainable materials. Twin screw extruders are crucial in supporting recycling initiatives and enabling the large-scale production of environmentally responsible products across the packaging, automotive, and consumer goods industries.
Technological advancements in automation, digital monitoring, and energy-efficient designs, enhancing productivity and cost-effectiveness, are further accelerating the growth of the twin screw extruders market. Manufacturers are introducing next-generation systems with advanced venting, precision temperature control, and integration with Industry 4.0 solutions to optimize performance and reduce waste. For instance, in April 2025, Processing Technologies International (PTi) introduced its latest SGTSE MultiRESN model under the SUPER-G series, a dryerless twin screw extruder featuring high-vacuum venting that eliminates the need for pre-drying or crystallizing resins. This innovation enables efficient processing of virgin, recycled, and blended materials such as PET, PLA, PP, and PE, without compromising performance, reflecting the industry’s move toward more sustainable and cost-efficient production solutions.
Drivers & Opportunities
Industrialization and Manufacturing Growth Boosting Demand for Twin Screw Extruders in Polymer Processing and Compounding: The expansion of manufacturing industries worldwide is increasing the need for advanced polymer processing and compounding equipment, thus fueling the market growth. The capability of these extruders to efficiently mix, compound, and process a wide variety of polymers is boosting their demand as an indispensable technology across plastics, packaging, automotive, and construction industries. According to the United Nations Industrial Development Organization (UNIDO), global industrial sectors registered 2.3% growth in 2023 compared to the previous year, reflecting a strong post-pandemic recovery. Manufacturing activity increased by 3.2%, driven by higher production output across multiple economies, while the mining and utilities sector in low-income countries witnessed a marginal decline of 0.9%. This steady growth in global manufacturing is fueling investments in high-performance extrusion technologies that support large-scale polymer production, process optimization, and the adoption of sustainable materials.
Global Trade and Supply Chain Expansion Accelerating Investments in Twin Screw Extrusion Technologies: The strong expansion of global trade is significantly accelerating the growth of the twin screw extruders market. This growth is attributed to the rising demand for advanced extrusion systems to meet the growing movement of polymer-based products and processed materials across borders. Twin screw extruders offer versatility in processing virgin resins, recycled plastics, and biodegradable polymers, enabling manufacturers to meet diverse global supply chain requirements. According to the United Nations Conference on Trade and Development (UNCTAD), global trade reached a record USD 33 trillion in 2024, marking a 3.7% growth equivalent to USD 1.2 trillion compared to the previous year. This surge emphasizes the growing role of international supply chains in polymer and material processing, driving manufacturers to invest in extrusion systems that enhance productivity, ensure consistent quality, and support cross-border market expansion.
Segmental Insights
By Product
Based on product, the twin screw extruders market is segmented into co-rotating twin screw extruders and counter-rotating twin screw extruders. Co-rotating twin screw extruders accounted for the largest share in 2024, attributed to their superior mixing capability, high throughput efficiency, and ability to process a wide range of polymer compounds and specialty materials. The flexibility in handling compounding, devolatilization, and reactive extrusion processes is boosting its adoption in industries such as plastics, chemicals, and pharmaceuticals, where precision and productivity are critical.
Counter-rotating twin screw extruders are projected to witness notable growth during the forecast period, driven by their effectiveness in PVC processing, direct extrusion applications, and high-pressure operations. The ability to deliver excellent melt homogeneity and handle formulations requiring intensive mixing makes it increasingly valuable for manufacturers seeking consistent product quality in demanding industrial applications.
By End-Use
Based on end-use, the twin screw extruders market is segmented into plastic & polymer processing, food processing, pharmaceutical, chemical, rubber, and other industries. Plastic & polymer processing dominated the market in 2024, fueled by rising demand for engineered plastics, masterbatches, and recycled materials. Twin screw extruders provide precise control over material properties, uniform dispersion of additives, and efficient compounding, making them indispensable in high-volume polymer processing and recycling operations.
The pharmaceutical sector is expected to grow at the fastest pace during the forecast period, due to the increasing use of twin screw extrusion in drug formulation, solubility enhancement, and continuous manufacturing processes. The ability to enable hot-melt extrusion of poorly soluble drugs and produce uniform dosage forms is enhancing efficiency and innovation in pharmaceutical manufacturing.
Regional Analysis
The Asia Pacific twin screw extruders market accounted for a dominant share in 2024, propelled by rapid industrialization, urbanization, and the growing demand for advanced materials in packaging, construction, and automotive sectors. Rising investments in large-scale manufacturing hubs across China, India, and Southeast Asia are accelerating the adoption of extrusion equipment for plastics, polymers, and specialty materials. The increasing focus on localized production to reduce reliance on imports, coupled with supportive government initiatives aimed at strengthening domestic manufacturing, is further boosting the market growth. Expanding middle-class populations and surging consumption of packaged goods and consumer electronics are accelerating the growth.
China Twin Screw Extruders Market Analysis
China represents the largest market within the Asia Pacific, fueled by the country’s rapidly growing electronics, packaging, and polymer industries. The expanding semiconductor and electrical sectors are generating substantial demand for precision polymer processing and compounding equipment. According to the Ministry of Industry and Information Technology, the electronic information manufacturing sector recorded significant momentum in the first five months of 2025, with value-added industrial output of major companies rising by 11.1% year-on-year. Also, the combined operating revenue of leading enterprises increased by 9.4% to nearly USD 907.11 billion, while total profits grew 11.9%, reaching about USD 30.7 billion. This significant industrial growth is creating large-scale demand for twin screw extruders in applications requiring high-performance plastics, specialty films, and advanced composites.
Middle East Twin Screw Extruders Market Overview
The Middle East twin screw extruders market is projected to grow at a fast pace from 2025-2034, driven by the strong presence of the petrochemical industry in countries such as Saudi Arabia and the UAE. Rising investments in polymer compounding and downstream plastics processing are strengthening the adoption of advanced extrusion equipment across the region. Additionally, large-scale construction and infrastructure development projects are boosting the demand for plastics and composites used in pipes, panels, and structural materials. The growing emphasis on diversifying economies beyond oil is boosting investments in local manufacturing capabilities, thereby creating favorable conditions for extrusion equipment suppliers.
Saudi Arabia Twin Screw Extruders Market Assessment
Saudi Arabia held a dominating share of the Middle East market, attributed to the government-led diversification strategies such as Saudi Vision 2030, which are aimed at expanding industrial manufacturing and reducing reliance on crude oil revenues. The petrochemical and plastics industries are fueling the adoption of extrusion technologies for polymer processing and specialty material applications. In April 2025, Saudi Arabia’s Ministry of Industry and Mineral Resources reported the establishment of 103 new factories, reflecting strong momentum in the Kingdom’s industrial sector. The projects represent a combined investment of USD 240 million and are expected to create over 1,500 jobs, highlighting the nation’s commitment to expanding its manufacturing base and supporting economic diversification. This rapid industrial expansion, along with rising construction activities and packaging demand, is propelling the need for twin screw extruders across multiple end-use sectors.
North America Twin Screw Extruders Market Outlook
The North America twin screw extruders market held a substantial share in 2024, driven by the expanding packaging industry in e-commerce and food & beverage sectors that require advanced plastic processing solutions. Strong adoption of automation and precision extrusion systems across the region is enabling efficient production of films, sheets, and barrier packaging materials. Additionally, the pharmaceutical and healthcare industries are creating significant demand for twin screw extruders for drug formulation, continuous manufacturing, and customized dosage forms. As per the International Society for Pharmaceutical Engineering (ISPE), the U.S. pharmaceutical market is projected to reach USD 861.67 billion by 2028, expanding at a CAGR of 6.3% over the forecast period. The well-established presence of global polymer manufacturers, coupled with a strong emphasis on sustainability and recycling, is further accelerating equipment adoption across diverse applications.
Key Players & Competitive Analysis
The global twin screw extruders market is characterized by intense competition, with leading players such as Baker Perkins Ltd., Battenfeld-Cincinnati USA, Inc., and Bühler Holding AG driving innovation through advanced compounding technologies, customized extrusion solutions, and global service networks. Baker Perkins Ltd. continues to expand its capabilities in food and polymer processing with specialized twin screw extruders designed for high efficiency and flexibility, while Battenfeld-Cincinnati USA, Inc. focuses on sustainable extrusion equipment for the construction and packaging sectors. Bühler Holding AG leverages its strong R&D base to deliver advanced extruders for food, feed, and industrial applications, reinforcing its position as a technology leader in the market.
The market is witnessing rising adoption of energy-efficient, high-capacity twin screw extruders, propelled by growth in industries such as plastics, packaging, food processing, and pharmaceuticals. Companies are prioritizing precision control, modular design, and digitalized process monitoring to meet customer requirements for consistency, productivity, and sustainability. Strategic collaborations with polymer producers, food manufacturers, and chemical companies are strengthening market penetration, while continuous investment in R&D is fueling the development of extruders capable of processing bio-based, recycled, and high-performance polymers in line with global circular economy initiatives.
Prominent companies operating in the twin screw extruders market include Baker Perkins Ltd., Battenfeld-Cincinnati USA, Inc., Bausano S.p.A., Bühler Holding AG, Coperion GmbH, CPM Extrusion Group B.V., ICMA San Giorgio S.p.A, Japan Steel Works, Ltd., KraussMaffei Group GmbH, Leistritz Extrusionstechnik GmbH, Milacron LLC, Nanjing Jieya Extrusion Equipment Co., Ltd., Thermo Fisher Scientific Inc., Wenger Manufacturing, Inc., and Xtrutech Ltd.
Key Players
- Baker Perkins Ltd.
- Battenfeld-Cincinnati USA, Inc.
- Bausano S.p.A
- Bühler Holding AG
- Coperion GmbH
- CPM Extrusion Group B.V.
- ICMA San Giorgio S.p.A
- Japan Steel Works, Ltd.
- KraussMaffei Group GmbH
- Leistritz Extrusionstechnik GmbH
- Milacron LLC
- Nanjing Jieya Extrusion Equipment Co., Ltd.
- Thermo Fisher Scientific Inc.
- Wenger Manufacturing, Inc.
- Xtrutech Ltd.
Twin Screw Extruders Industry Developments
In May 2025, STEER World introduced its iSeries twin-screw extruder line, targeting value compounders and emerging players within India’s plastics sector. Inspired by its high-performance Mega and Omega platforms, the iSeries offers cost-effective, scalable, and reliable compounding solutions with seamless upstream/downstream integration optimized for general-purpose applications such as masterbatch production, PP, and engineering polymer compounding.
In October 2024, Xtrutech introduced the XTSXP-19, a state-of-the-art laboratory twin-screw extruder featuring 100% more motor power (up to 7.8 kW), enhanced torque, and fast screw speeds of up to 1,200 rpm ideal for demanding applications in biopolymers, plastics, food extrusion, and even powder coatings
Twin Screw Extruders Market Segmentation
By Product Outlook (Revenue, USD Billion, 2020–2034)
- Co-rotating Twin Screw Extruders
- Counter-rotating Twin Screw Extruders
By End-Use Outlook (Revenue, USD Billion, 2020–2034)
- Plastic & Polymer Processing
- Food Processing
- Pharmaceutical
- Chemical
- Rubber
- Other
By Regional Outlook (Revenue, USD Billion, 2020–2034)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Twin Screw Extruders Market Report Scope
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Report Attributes |
Details |
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Market Size in 2024 |
USD 2.91 Billion |
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Market Size in 2025 |
USD 3.05 Billion |
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Revenue Forecast by 2034 |
USD 4.76 Billion |
|
CAGR |
5.06% from 2025 to 2034 |
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Base Year |
2024 |
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Historical Data |
2020–2023 |
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Forecast Period |
2025–2034 |
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Quantitative Units |
Revenue in USD Billion and CAGR from 2025 to 2034 |
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Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Industry Trends |
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Segments Covered |
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|
Regional Scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
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