Extruded Plastics Market Trends, Top Companies, Share, Growth And Forecast 2032
As per the extruded plastics market report by The Business Research Company, The rise of the packaging industry is significantly contributing to the growth of the extruded plastics market going forward.
The global extruded plastics market size grew from $222.02 billion in 2022 to $237.04 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The extruded plastics market size is expected to grow to $289.78 billion in 2027 at a CAGR of 5.2%.
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Major competitors in the extruded plastics market include 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.
The extruded plastics market is segmented -
• By Type: Low Density Polyethylene, High Density Polyethylene, Polypropylene, Polystyrene, Polyvinyl Chloride, Other Types
• By Form: Films, Pipes, Sheets, Tubes, Wires and Cables
• By End-User: Packaging, Building and Construction, Automotive, Consumer Goods, Electrical and Electronics, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.Asia-Pacific was the largest region in the extruded plastics market.
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Extruded plastics refer to 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 to manufacture products such as bags, plastic films, tubing, piping, rods, weather stripping, and deck railing.
The Table Of Content For The Extruded Plastics Market Include:
1. Executive Summary
2. Extruded Plastics Market Characteristics
3. Extruded Plastics Market Trends And Strategies
4. Extruded Plastics Forwarding Market - Macro Economic Scenario
5. Extruded Plastics Market Size And Growth
26. Africa Extruded Plastics Market
27. Extruded Plastics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Extruded Plastics Market
29. Extruded Plastics Market Future Outlook and Potential Analysis
The "Global Extruded Plastics Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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