Global Extruded Plastics Market Overview And Prospects – Includes Extruded Plastics Market Trend
Learn about the global extruded plastics market through The Business Research Company, which provides information on extruded plastics market size, extruded plastics market drivers and restraints, extruded plastics market players, the COVID-19 impact on the extruded plastics market, and more.
The global extruded plastics market is expected to grow from $202.80 billion in 2021 to $220.18 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The global extruded plastics market size is expected to grow to $268.51 billion in 2026 at a CAGR of 5.1%.
The rise of the packaging industry is significantly contributing to the growth of the extruded plastics market going forward.
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The extruded plastics market consists of the sales of extruded plastic products by entities (organizations, partnerships, and sole proprietors) that are used to produce tubes and hollow pipes. Plastic extrusion is a high-volume manufacturing technique in which a polymer material is melted and molded in a continuous process while being supplemented with the appropriate additives. Extrusion produces products such as bags, plastic films, tubing, piping, rods, weather stripping, and deck railing.
By Type: Low Density Polyethylene, High Density Polyethylene, Polypropylene, Polystyrene, Polyvinyl Chloride, Others
By Form: Films, Pipes, Sheets, Tubes, Wires and Cables
By End-User: Packaging, Building and Construction, Automotive, Consumer Goods, Electrical and Electronics, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global extruded plastics market in 2021.
Technological advancements have emerged as a key trend gaining popularity in the extruded plastics market. Major companies operating in the extruded plastics sector are focused on developing technologically advanced products to reinforce their position.
TBRC’s Extruded Plastics Market Report Covers:
Major Market Players: The DOW Chemical Company, Sigma Plastics Group., SABIC Innovative Plastics, Chevron Phillips Chemical Company LLC, JM Eagle, Berry Global Inc., Saint-Gobain S.A., Bemis Company Inc., Sealed Air Corporation, ExxonMobil Chemical Company, Formosa Plastics Corporation, Arkema Group, China Plastic Extrusion Ltd., Crescent Plastics Incorporated, GSH Industries, Keller Plastics Inc., Lakeland Plastics Inc., Nenplas Ltd, Petro Packaging Company Inc., LLC Sigma Plastics Group, and Engineered Profiles LLC.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Extruded Plastics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides extruded plastics market overviews, analyzes and forecasts market size, share, extruded plastics market players, extruded plastics market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s extruded plastics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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