Market Overview:
The global twin screw market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for extrusion machinery, blow molding machines, PVC tube machines and injection molding machines across the globe. Twin screws are used in these applications for manufacturing various products such as pipes, tubes, profiles and other plastic parts. The twin screw market is segmented on the basis of type into iron base alloy, nickel base alloy, tungsten alloy, nickel-cobalt alloy and tungsten carbide. The iron base alloys segment is expected to dominate the global twin screw market during the forecast period owing to its low cost and high strength properties. However, nickels based alloys are expected to grow at a higher CAGR due their superior properties such as corrosion resistance and thermal stability over iron based alloys. On the basis of application,the twin screw market is segmented into extrusion machinery Blow Molding Machine PVC Tube Machine Injection Molding Machine among others . Extrusion machinery dominates th eglobal twinscrewmarket with a majority share followed by blow molding machine s .
Product Definition:
A twin screw is a device consisting of two screws in parallel, usually mounted on the same shaft, that rotate to move material or products through the device. Twin screws are often used to mix or blend products together as they are moved along the screw axis. The devices can also be used for extrusion, where one product is forced out of a die at one end while another product is simultaneously drawn into the die from another end.
Iron Base alloy:
Iron base alloys are iron-based materials with low carbon and high alloy content. They have been developed to provide solutions for various applications in aerospace, automotive, construction and heavy industries. Major products include ferrous alloys (Fe), non-ferrous alloys (N) and cast irons.
Nickel Base Alloy:
Nickel base alloys are a group of materials with Ni as the base metal. The nickel based alloys have applications in aerospace, automotive and industrial machinery sectors. Nickel-based superalloys find application in marine engineering, power generation and nuclear industries owing to their corrosion resistance properties.
Application Insights:
Extrusion machinery was the largest application segment in 2017 and will continue to be dominant over the forecast period. Extrusion is a process of forming objects by pushing a fluid through an opening. The Twin-Screw extruder uses two screws with different materials that are forced together at high speed to form an object with better accuracy and surface finish than single screw machines can offer.
The PVC tube machine segment is expected to grow significantly over the next eight years owing to its rising use in packaging applications across various end-use industries such as food & beverage, medical & pharmaceutical, personal care products, electronics & appliances among others. This equipment also has other general industrial applications including cold drawn tubing used for flue gas heat exchangers among others which further boosts industry growth prospects globally.
Injection molding equipment is widely used for manufacturing automotive parts; plastic components; household appliances; office supplies; consumer goods such as washing machines.
Regional Analysis:
Asia Pacific dominated the global twin screw market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization, which has led to an increasing demand for machinery. China is one of the largest consumers of extruders and blow molding machines globally owing to its growing manufacturing sector.
The European market also held a significant share in terms of revenue in 2017 due to high demand from automotive industry for lightweight vehicles with improved fuel efficiency, as well as stringent regulations regarding vehicular emission levels set by governments across various countries within Europe have resulted in increased sales volume for air intake systems among other components such as engine covers, hoods, and trunk lids among others. This scenario will leadto increased sales volumefor Twin-screw Extrusion Machinery (TEM) used for producing complex parts such as interior panels using thermoplastic polymers suchas PolyVinyl Chloride (PVC).
Growth Factors:
- Increasing demand for high-quality and reliable products
- Growing popularity of twin screw extrusion technology
- Rising need for energy-efficient and environment-friendly solutions
- Proliferation of new applications for twin screw extruders
- Technological advancements in the field of twin screw extrusion
Scope Of The Report
Report Attributes
Report Details
Report Title
Twin Screw Market Research Report
By Type
Iron Base alloy, Nickel Base Alloy, Tungsten Alloy, Nickel-cobalt Alloy, Tungsten Carbide
By Application
Extrusion Machinery, Blow Molding Machine, PVC Tube Machine, Injection Molding Machine
By Companies
Zhoushan Batten Machinery Technology Co.,Ltd, Ningbo Jinyi Precision Machinery Co., Ltd., TwinScrew Technology, Zhoushan Jinyi Screw Industry Co.,Ltd., BR Engineering Works, Best Plastic Machinery Co.,Ltd., NANJING COWIN EXTRUSION MACHINERY, Zhoushan First Plasticmachinery Co,.Ltd., MAXI MELT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Twin Screw Market Report Segments:
The global Twin Screw market is segmented on the basis of:
Types
Iron Base alloy, Nickel Base Alloy, Tungsten Alloy, Nickel-cobalt Alloy, Tungsten Carbide
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Extrusion Machinery, Blow Molding Machine, PVC Tube Machine, Injection Molding Machine
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhoushan Batten Machinery Technology Co.,Ltd
- Ningbo Jinyi Precision Machinery Co., Ltd.
- TwinScrew Technology
- Zhoushan Jinyi Screw Industry Co.,Ltd.
- BR Engineering Works
- Best Plastic Machinery Co.,Ltd.
- NANJING COWIN EXTRUSION MACHINERY
- Zhoushan First Plasticmachinery Co,.Ltd.
- MAXI MELT
Highlights of The Twin Screw Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Iron Base alloy
- Nickel Base Alloy
- Tungsten Alloy
- Nickel-cobalt Alloy
- Tungsten Carbide
- By Application:
- Extrusion Machinery
- Blow Molding Machine
- PVC Tube Machine
- Injection Molding Machine
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Twin Screw Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Twin Screw is a type of drivetrain that uses two screws to transfer power from the engine to the rear wheel. This design is more efficient than a single screw, and it's also easier to maintain.
Some of the key players operating in the twin screw market are Zhoushan Batten Machinery Technology Co.,Ltd, Ningbo Jinyi Precision Machinery Co., Ltd., TwinScrew Technology, Zhoushan Jinyi Screw Industry Co.,Ltd., BR Engineering Works, Best Plastic Machinery Co.,Ltd., NANJING COWIN EXTRUSION MACHINERY, Zhoushan First Plasticmachinery Co,.Ltd., MAXI MELT.
The twin screw market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Twin Screw Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Twin Screw Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Twin Screw Market - Supply Chain
4.5. Global Twin Screw Market Forecast
4.5.1. Twin Screw Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Twin Screw Market Size (000 Units) and Y-o-Y Growth
4.5.3. Twin Screw Market Absolute $ Opportunity
5. Global Twin Screw Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Twin Screw Market Size and Volume Forecast by Type
5.3.1. Iron Base alloy
5.3.2. Nickel Base Alloy
5.3.3. Tungsten Alloy
5.3.4. Nickel-cobalt Alloy
5.3.5. Tungsten Carbide
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Twin Screw Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Twin Screw Market Size and Volume Forecast by Application
6.3.1. Extrusion Machinery
6.3.2. Blow Molding Machine
6.3.3. PVC Tube Machine
6.3.4. Injection Molding Machine
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Twin Screw Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Twin Screw Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Twin Screw Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Twin Screw Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Twin Screw Demand Share Forecast, 2019-2026
9. North America Twin Screw Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Twin Screw Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Twin Screw Market Size and Volume Forecast by Application
9.4.1. Extrusion Machinery
9.4.2. Blow Molding Machine
9.4.3. PVC Tube Machine
9.4.4. Injection Molding Machine
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Twin Screw Market Size and Volume Forecast by Type
9.7.1. Iron Base alloy
9.7.2. Nickel Base Alloy
9.7.3. Tungsten Alloy
9.7.4. Nickel-cobalt Alloy
9.7.5. Tungsten Carbide
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Twin Screw Demand Share Forecast, 2019-2026
10. Latin America Twin Screw Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Twin Screw Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Twin Screw Market Size and Volume Forecast by Application
10.4.1. Extrusion Machinery
10.4.2. Blow Molding Machine
10.4.3. PVC Tube Machine
10.4.4. Injection Molding Machine
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Twin Screw Market Size and Volume Forecast by Type
10.7.1. Iron Base alloy
10.7.2. Nickel Base Alloy
10.7.3. Tungsten Alloy
10.7.4. Nickel-cobalt Alloy
10.7.5. Tungsten Carbide
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Twin Screw Demand Share Forecast, 2019-2026
11. Europe Twin Screw Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Twin Screw Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Twin Screw Market Size and Volume Forecast by Application
11.4.1. Extrusion Machinery
11.4.2. Blow Molding Machine
11.4.3. PVC Tube Machine
11.4.4. Injection Molding Machine
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Twin Screw Market Size and Volume Forecast by Type
11.7.1. Iron Base alloy
11.7.2. Nickel Base Alloy
11.7.3. Tungsten Alloy
11.7.4. Nickel-cobalt Alloy
11.7.5. Tungsten Carbide
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attactiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Twin Screw Demand Share, 2019-2026
12. Asia Pacific Twin Screw Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Twin Screw Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Twin Screw Market Size and Volume Forecast by Application
12.4.1. Extrusion Machinery
12.4.2. Blow Molding Machine
12.4.3. PVC Tube Machine
12.4.4. Injection Molding Machine
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Twin Screw Market Size and Volume Forecast by Type
12.7.1. Iron Base alloy
12.7.2. Nickel Base Alloy
12.7.3. Tungsten Alloy
12.7.4. Nickel-cobalt Alloy
12.7.5. Tungsten Carbide
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Twin Screw Demand Share, 2019-2026
13. Middle East & Africa Twin Screw Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Twin Screw Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Twin Screw Market Size and Volume Forecast by Application
13.4.1. Extrusion Machinery
13.4.2. Blow Molding Machine
13.4.3. PVC Tube Machine
13.4.4. Injection Molding Machine
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Twin Screw Market Size and Volume Forecast by Type
13.7.1. Iron Base alloy
13.7.2. Nickel Base Alloy
13.7.3. Tungsten Alloy
13.7.4. Nickel-cobalt Alloy
13.7.5. Tungsten Carbide
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Twin Screw Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Twin Screw Market: Market Share Analysis
14.2. Twin Screw Distributors and Customers
14.3. Twin Screw Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zhoushan Batten Machinery Technology Co.,Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ningbo Jinyi Precision Machinery Co., Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TwinScrew Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhoushan Jinyi Screw Industry Co.,Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BR Engineering Works
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Best Plastic Machinery Co.,Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NANJING COWIN EXTRUSION MACHINERY
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zhoushan First Plasticmachinery Co,.Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MAXI MELT
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
