Press release
Extruded Plastics Market (2021-2030) | Potential growth, attractive valuation make it is a long-term investment | Top Key Players | at a CAGR of 7.8%
The global extruded plastics market in 2020 was approximately USD 216 Billion. The market is expected to grow at a CAGR of 7.8% and is anticipated to reach around USD 295 Billion by 2025. The rise in nationwide infrastructure requirements surge the extruded plastic demand in the infrastructure and construction materials industry. Also, owing to the escalating demand for computers and accessories, wires and cables and consumer products, the electrical, electronics, and telecommunications industry is projected to influence the product market positively. However, the dearth of product differentiation is likely to impede the market growth.To get a holistic SAMPLE of the report, please click @ https://www.supplydemandmarketresearch.com/home/contact/1455394?ref=Sample-and-Brochure&toccode=SDMRCH1455394
Extruded plastic are plastic products produced with the help of plastic extrusion process. This process includes melting and forming plastic into a continuous profile to shape them into various shapes and sizes as per the requirement. This process is used for production of several plastic products such as pipes, bottles, tubes, containers, packaging products and various others. The growing supply from the packaging industry as a result of developments in the food and beverage and consumables segments across the world is the key growth factor for the extruded plastics market.
The market for extruded plastics is intensely competitive and is highly fragmented. The vendors in the extruded plastics market compete based on product portfolio, product differentiation, applications, and the pricing of products. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their product
Key players in the market are Berry Global, Sealed Air Corporation, Formosa Plastics Corporation, Saudi Basic Industries, Sigma Plastics Group and Others.
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Based On The Application, The Global Extruded Plastics Market Segmented Into
Packaging
Building & Construction
Automotive
Energy
Electrical & Electronics
Medical
Others
Based On The Type, The Global Extruded Plastics Market Segmented Into
LDPE
HDPE
Polypropylene
Polystyrene
PVC
Based On The Type Of Region, The Global Extruded Plastics Market Segmented Into
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]
Company Profiles-The Global Extruded Plastics Market
Berry Global
Sealed Air Corporation
Formosa Plastics Corporation
Saudi Basic Industries
Sigma Plastics Group
Others
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