Global Material Extrusion Market Overview:
The global Material Extrusion market is expected to witness high demand in the forecasted period due to rising usage in the various end-user industries. Material extrusion is an additive manufacturing (AM) methodology where a spool of material (usually thermoplastic polymer) is pushed through a heated nozzle in a continuous stream and selectively deposited layer by layer to build a 3D object. The material in the form of plastic filament fed through an extruding nozzle, where it heated and then deposited onto the build platform layer by layer.
Growth Drivers
- The booming demand for ready-to-eat, packaged food
- Upsurging building and construction industry
Market Trends
- High demand from the automobile industry
- The growing demand for Aluminium extrusion
Roadblocks
- The unfavourable government policies
Opportunities
- Rapid urbanization in China and India requires a great deal of construction material like aluminum & steel.
Challenges
- The concern related to the accuracy and speed of materials
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Alcoa (United States), Gulf Extrusion (United Arab Emirates), Hydro Aluminum (Norway), Hindalco-Novalis (United States), The Dow Chemical (United States), Mondi Plc (United Kingdom), Bobst Group SA (Switzerland) and Exxon Mobil Corporation (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Material Extrusion market by 2025.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Material Extrusion market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Material Extrusion market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Government Regulatory Bodies, Private Research Organization, Government Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.