Extrusion is a process that converts raw materials into a desired shape or form by forcing it through a die under pressure. There are different types of extrusion systems categorized by whether they use cold extrusion or extrusion cooking, and whether they use a single or twin screw configuration. Key aspects of extrusion system design include screw configuration, barrel sections, and power requirements calculated using parameters like screw speed, viscosity, density, and flow rate.