Feed Screw Barrel Market Report 2024

The feed screw barrel market size has grown strongly in recent years. It will grow from $1.63 billion in 2023 to $1.75 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The expansion observed in the historic period can be linked to several factors, the expansion of the packaging industry, heightened demand for extrusion processes, growing automation in manufacturing, increased consumer electronics needs, and a surge in demand for aerospace components.

The feed screw barrel market size is expected to see strong growth in the next few years. It will grow to $2.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The anticipated growth in the forecast period is driven by a rising need for recycled materials, a growing desire for customization, increased demand for feed screw barrels within the food and beverage industry, and an overall surge in the need for plastic products. Key trends during this period include technological innovations, the adoption of digital technologies, advancements in artificial intelligence, the rise of smart homes, and an increase in strategic partnerships.

The anticipated growth of the feed screw barrel market is closely tied to the expanding plastic industry. The plastic industry encompasses the production, processing, and distribution of plastic materials and products across various sectors and consumer applications. This growth is driven by increasing demand for plastic products fueled by technological advancements and rising consumer needs. Feed screw barrels play a crucial role in the plastic industry, facilitating extrusion and injection molding processes by conveying, melting, mixing, and pressurizing plastic materials within a rotating screw and cylindrical barrel assembly. For example, the UK's plastic products manufacturing industry saw growth from £20.19 billion ($26.25 billion) in 2020 to £22.01 billion ($28.61 billion) in 2021, as reported by the British Plastics Federation in 2024. Thus, the expanding plastic industry is a key driver of growth in the feed screw barrel market.

Leading companies in the feed screw barrel market are focusing on technological innovation, particularly in extrusion solutions, to enhance product quality and meet evolving industry demands. Extrusion solutions involve technologies and processes used in manufacturing, especially in plastics and metals, where materials are forced through dies to create continuous profiles, shapes, or parts with uniform cross-sections. For instance, in June 2024, CPM Extricom Extrusion GmbH, a Germany-based manufacturer of twin-screw extrusion equipment, introduced a new twin-screw extruder system. These solutions feature advanced elements such as precision control systems, modular design flexibility for scalability, and high-efficiency processing capabilities. CPM's extrusion solutions are designed to optimize production efficiency, improve product quality, and adapt seamlessly to changing industry requirements.

In May 2022, Marel, an Iceland-based food processing company, acquired Wenger Manufacturing LLC to expand its presence in high-growth markets such as pet food, plant-based proteins, and aqua feed. This strategic acquisition integrates Wenger Manufacturing's expertise in feed screws and barrels, essential components in their extrusion systems, to complement Marel's product portfolio and geographic reach, fostering growth and creating value in new market segments.

Major companies operating in the feed screw barrel market are Spirex Corporation, Milacron LLC, Windsor FeedScrews Inc., Entek International, Battenfeld-Cincinnati, Xaloy Inc., Wenger Manufacturing Inc., Hi-Tech Industries, Dynisco, Euro Tech Machinery, Reiloy USA, ADG Soulations Inc., Wexco Industries, W-J Incorporated, TWS. ltd, Concor Tool and Machine Inc., Precision Feedscrews Inc, American Screw and Barrel Inc., Raj Engineering Works, Canadian Feed Screws Mfg. Ltd., TIR Feed Screws and Barrels, Cpm Extricom Extrusion Gmbh, Flite Technology, United Feed Screws, Rauwendaal Extrusion Engineering Inc., BR Engineering Works.

Asia-Pacific was the largest region in the feed screw barrel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the feed screw barrel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the feed screw barrel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A feed screw barrel is a vital element in numerous machines used for processing materials such as plastic and rubber extrusion, injection molding, and food processing. It plays a crucial role in various industrial applications where materials need to be transported, melted, mixed, and formed into final products.

Feed screw barrels come in several types, including single-flight screw barrels, double-flight screw barrels, barrier screw barrels, and vented screw barrels. A single-flight screw barrel features a single continuous helical flight extending along the length of the screw. This simple design, with one uninterrupted thread spiraling around the central shaft, is well-suited for basic material transport and mixing in extrusion processes. These barrels are made from materials such as bimetallic alloys, nitride, and alloy steel. They find applications in extrusion, injection molding, blow molding, and compounding, serving various end-use industries, including plastics processing, food and beverage, and chemical processing.

The feed screw barrel market research report is one of a series of new reports that provides feed screw barrel market statistics, including feed screw barrel industry global market size, regional shares, competitors with a feed screw barrel market share, detailed feed screw barrel market segments, market trends, and opportunities, and any further data you may need to thrive in the feed screw barrel industry. This feed screw barrel research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The feed screw barrel market consists of sales extruder barrels, feed screws, compounding systems, pelletizers, and barrel liners. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.