Twin Screw Extruders Market: Rising Demand From Emerging Nations Will Help Market Maintain Steady Growth
Buhler AG, KraussMaffei Group, Leistritz AG, Coperion GmbH, Thermofisher Scientific, and Toshiba Machine are among the leading companies operating in the global twin screw extruders market. According to a new study by Transparency Market Research (TMR), these companies primarily focus on achieving long-term growth through innovations and research and development activities. Strategies adopted by these companies to gain a stronger foothold have a profound impact on the overall market operations. According to TMR, the global twin screw extruders market will continue exhibiting a steady trajectory between 2017 and 2025. TMR has pegged the global twin screw extruders market at US$916.2 mn in 2017 and by the end of 2025, it is likely to reach US$1.15 Bn. If these figures hold true, the global twin screw extruders market will expand at a steady 2.9% CAGR from 2017 to 2025. On the basis of revenue generated, Europe held the leading share in the global market in 2017...