Figures to Melt Hearts: Ceresana Analyzes the Global Market for Plastics for Extrusion

Extrusion is one of the most important processes of the plastics industry; for example films, cups, pipes, hoses, electric cables, complete window profiles or doors can be produced with this method. Both flexible as well as rigid products that can be compact or cellular are extruded. The market research company Ceresana analyzes in this new study the world market for plastics for extrusion.

PVC Is Mainly Used

In 2015, more than 114 million tonnes of plastics worldwide were melted, pressed through a die, and processed to numerous different products. „In 2015, about 51% of the plastics used for extrusion were used in the region Asia-Pacific“, says Oliver Kutsch, CEO of Ceresana. „North America and Western Europe followed with market shares of 15.5% and 13,2%.“ The plastic type polyvinyl chloride (PVC) is mainly used for extrusion: Over the past eight years, global demand for products made of PVC rose by an average of 2.3% per year. The second most important plastic type for extrusion is polyethylene-LLDPE with a market share of approx. 18%.

Films Package the World

The most important sales market for extrusion products is packaging, especially films, bags and sacks, and shrink and stretch films. The heading packaging films includes the majority of films used for foodstuffs, but also films for cosmetics, hygiene products, textiles, stationary, and similar products. This market profits from an ongoing trend towards flexible packaging solutions that reduce weight and the use of resources and also increase consumer convenience. The tendency towards shrinking packaging sizes in the segments hygiene and pharma also leads to an expected growth. The most important type of plastics in the segment packaging is LLDPE, followed by polypropylene and polyethylene-LDPE.

Networking and Wiring

The second largest sales market are products for the construction industry. By far the most important plastic in the construction industry is PVC: In 2015, about 22.5 million tonnes of this material were used. Above all, pipes and windows but also floors, facade elements, coatings, sheets, sealants, doors, small parts, and fastenings are made from it. Demand for plastic pipes is mainly growing in the emerging countries where urbanization and new constructions play a major role. However, in the developed industrial states, renovation and replacement of the existing networks are important. The most dynamic development of demand for plastics for extrusion will however not take place in the construction sector but in the segments "transportation" and "electrical and electronics". From 2015 to 2023, Ceresana expects global demand in these application areas to increase by 3.1% and 2.9% per year.

The Study in Brief:

Chapter 1 provides a presentation of the global market for plastics for extrusion - including forecasts up to 2023. For each region, demand and revenues will be analyzed.
Chapter 2 provides market data for the 16 most important countries, that is, country-specific information on demand and revenues. Demand is analyzed in detail split by several application areas and product types.
Chapter 3 thoroughly examines the application areas for plastics for extrusion: packaging, construction industry, transportation, electrical and electronics, industrial products, other applications. These sales markets are split by both the world regions and the most important countries. Furthermore, demand for the particular plastic types split by application areas is given.
Chapter 4 deals with demand for the particular types of plastics: polyvinyl chloride (PVC), polyethylene (LDPE, LLDPE, HDPE), polypropylene (PP), polystyrene (PS), polyethylene terephthalate (PET), and other plastic types.

Further information: www.ceresana.com/en/market-studies/industry/plastic-extrusion/

Ceresana is an internationally leading market research and consulting company for the industry. For 15 years, Ceresana has been supplying several thousand customers from 60 countries with up-to-date market intelligence. Extensive market knowledge creates new prospects for strategic and operational decisions. Ceresana's clients profit from implementation-oriented consulting services, tailor-made single-client studies and more than 100 independent multi-client market studies. Ceresana's analysts are experts on the following markets: chemicals, plastics, industrial goods, and packaging.
Learn more about Ceresana at www.ceresana.com/en

Ceresana
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78464 Constance
Germany
Phone: +49 7531 94293 10
Fax: +49 7531 94293 27
Press Contact: Martin Ebner, m.ebner@ceresana.com

This release was published on openPR.