Extruded Plastics Market Growth, Share, Trends, Manufacturers, Revenue and Future Scope 2032
Extruded Plastics Market Size- By Material Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Feb-2023 | Report ID: CHEM2322 | Pages: 1 - 225 | Formats*: |
| Category : Chemical & Materials | |||
Global Extruded Plastics Market Overview
According to SPER Market Research, the Global Extruded Plastics Market is estimated to reach USD 327.64 billion by 2032 with a CAGR of 4.85%.
Extruded plastics are materials created by continuously melting and molding high volume polymeric material. They produce a vast variety of plastic-based goods, components, and forms, including pipes, tubes, films, wraps, sheets, and other unique goods. Since they come in practically all forms and sizes, they are used in a wide range of industries, including building and construction, packing, automotive, and others.
Population growth has raised demand for a variety of consumer goods, which has resulted in a considerable growth in the packaging industry, where extruded plastics are frequently used to make films and wraps. This is one of the main factors influencing the expansion of the extruded plastics market throughout the course of the forecast year. In addition, the need for commercial space such as offices, hotels, malls, industrial corridors, and others is increasing, which is contributing to a rapid growth in the building and construction sector in both developed and developing nations. In addition, rising infrastructure spending in nations like the United States, China, Japan, Mexico, India, and others has resulted in a considerable expansion of the building and construction industry. Extruded plastics have countless design options that can be realized by bending, molding, and extrusion. Because they are poor heat- and electricity-conductors, they are frequently utilized as insulating materials, cladding panels, and pipes in workplaces, shopping centers, homes, and other construction sites. These are the main drivers of market growth for extruded plastics.
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Impact of COVID-19 on the Global Extruded Plastics Market
The new coronavirus is an unmatched worldwide pandemic that has affected many nations and resulted in significant losses in both human life and the global economy. The current pandemic outbreak has had a negative effect on the key end-users of extruded plastics, including building & construction, packaging, automotive, industrial, and electrical & electronics. The global supply chain for extruded plastics has been hampered by the widening supply-demand mismatch brought on by the ongoing health issue. The Economic Times said that problems with the supply chain have decreased exports of electronic goods like wires and cables, semiconductors, and other products. Additionally, because extruded plastics are frequently used as an insulating material in a variety of consumer electronics items, some electronics companies have either closed down or reduced their operations due to the risk of infections among the personnel. Additionally, nations have restricted international travel and non-essential commerce, which has decreased the usage of extruded plastics across a number of end-use industries. Also, the building and construction industry's demand for extruded plastics has decreased as a result of the declining income. For instance, the impact on construction firms has been severe, with many of them experiencing financial issues, according to a report released by the International Labour Organization.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Material Type, By Application, By End Use |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Absolute Custom Extrusions, Inc, Arkema, Atlantis Plastics, Inc, Berry Global Inc, Britech Industries, Chevron Phillips Chemical Company, DuPont, Engineered Profiles LLC, Exxon Mobil Corporation, Formosa Plastics Group, GSH Industries, JM EAGLE, INC, Petro Extrusion Technologies, Inc, Preferred Plastics, Inc, SABIC, Saint-Gobain Performance Plastics, Sealed Air, SFR Industries, Sigma Plastics Group |
Global Extruded Plastics Market Segmentation:
1. By Material Type:
- Acrylonitrile Butadiene Styrene
- High-Density Polyethylene
- Low-Density Polyethylene
- Polycarbonate
- Polypropylene
2. By Application:
- Films
- Pipes and Tubing
- Windows and Door Profiles
- Wire Insulation
- Others
3. By End Use:
- Automotive
- Building & Construction
- Industrial
- Packaging
- Others
4. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Extruded Plastics Market (FY’2019-FY’2032)
- Overview of Global Extruded Plastics Market
- Segmentation of Global Extruded Plastics Market By Material Type (Acrylonitrile Butadiene Styrene, High-Density Polyethylene, Low-Density Polyethylene, Polycarbonate, Polypropylene, Polystyrene, Polyvinyl Chloride, Others)
- Segmentation of Global Extruded Plastics Market By Application (Films, Pipes and Tubing, Windows and Door Profiles, Wire Insulation, Others)
- Segmentation of Global Extruded Plastics Market By End Use (Automotive, Building & Construction, Industrial, Packaging, Others)
- Statistical Snap of Global Extruded Plastics Market
- Global Extruded Plastics Market Growth Analysis
- Problems and Challenges in Global Extruded Plastics Market
- Global Extruded Plastics Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Global Extruded Plastics Market
- Details on Recent Investment in Global Extruded Plastics Market
- Competitive Analysis of Global Extruded Plastics Market
- Major Players in the Global Extruded Plastics Market
- SWOT Analysis of Global Extruded Plastics Market
- Global Extruded Plastics Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Extruded Plastics Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Extruded Plastics Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Extruded Plastics Market
7. Global Extruded Plastics Market, By Material Type, 2019-2032 (USD Million)
7.1 Acrylonitrile Butadiene Styrene7.2 High-Density Polyethylene7.3 Low-Density Polyethylene7.4 Polycarbonate7.5 Polypropylene7.6 Polystyrene7.7 Polyvinyl Chloride7.8 Others
8. Global Extruded Plastics Market, By Application, 2019-2032 (USD Million)
8.1 Films8.2 Pipes and Tubing8.3 Windows and Door Profiles8.4 Wire Insulation8.5 Others
9. Global Extruded Plastics Market, By End Use,2019-2032 (USD Million)
9.1 Automotive9.2 Building & Construction9.3 Industrial9.4 Packaging9.5 Others
10. Global Extruded Plastics Market, By Region, 2019-2032 (USD Million)
10.1 Global Extruded Plastics Market and Market Share by Region (2019-2025)10.2 Global Extruded Plastics Market and Market Share by Region (2026-2032)10.3 Asia-Pacific
10.3.1 Australia10.3.2 China10.3.3 India10.3.4 Japan10.3.5 South Korea10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France10.4.2 Germany10.4.3 Italy10.4.4 Spain10.4.5 United Kingdom10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia10.5.2 United Arab Emirates10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada10.6.2 Mexico10.6.3 United States
10.7 Latin America
10.7.1 Argentina10.7.2 Brazil10.7.3 Rest of Latin America
11. Company Profiles
11.1 Absolute Custom Extrusions, Inc
11.1.1 Company details11.1.2 Financial outlook11.1.3 Product summary11.1.4 Recent developments
11.2 Arkema
11.2.1 Company details11.2.2 Financial outlook11.2.3 Product summary11.2.4 Recent developments
11.3 Atlantis Plastics, Inc
11.3.1 Company details11.3.2 Financial outlook11.3.3 Product summary11.3.4 Recent developments
11.4 Berry Global Inc
11.4.1 Company details11.4.2 Financial outlook11.4.3 Product summary11.4.4 Recent developments
11.5 Britech Industries
11.5.1 Company details11.5.2 Financial outlook11.5.3 Product summary11.5.4 Recent developments
11.6 Chevron Phillips Chemical Company
11.6.1 Company details11.6.2 Financial outlook11.6.3 Product summary
11.6.4 Recent developments
11.7 DuPont
11.7.1 Company details11.7.2 Financial outlook11.7.3 Product summary11.7.4 Recent developments
11.8 Engineered Profiles LLC
11.8.1 Company details11.8.2 Financial outlook11.8.3 Product summary11.8.4 Recent developments
11.9 Exxon Mobil Corporation
11.9.1 Company details11.9.2 Financial outlook11.9.3 Product summary11.9.4 Recent developments
11.10 Formosa Plastics Group
11.10.1 Company details11.10.2 Financial outlook11.10.3 Product summary11.10.4 Recent developments
11.11 GSH Industries
11.11.1 Company details11.11.2 Financial outlook11.11.3 Product summary11.11.4 Recent developments
11.12 JM EAGLE, INC
11.12.1 Company details11.12.2 Financial outlook11.12.3 Product summary11.12.4 Recent developments
11.13 Petro Extrusion Technologies, Inc
11.13.1 Company details11.13.2 Financial outlook11.13.3 Product summary11.13.4 Recent developments
11.14 Preferred Plastics, Inc
11.14.1 Company details11.14.2 Financial outlook11.14.3 Product summary11.14.4 Recent developments
11.15 SABIC
11.15.1 Company details11.15.2 Financial outlook11.15.3 Product summary11.15.4 Recent developments
11.16 Saint-Gobain Performance Plastics
11.16.1 Company details11.16.2 Financial outlook11.16.3 Product summary11.16.4 Recent developments
11.17 Sealed Air
11.17.1 Company details11.17.2 Financial outlook11.17.3 Product summary11.17.4 Recent developments
11.18 SFR Industries
11.18.1 Company details11.18.2 Financial outlook11.18.3 Product summary11.18.4 Recent developments
11.19 Sigma Plastics Group
11.19.1 Company details11.19.2 Financial outlook11.19.3 Product summary11.19.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Extruded Plastics Market is projected to reach USD 327.64 billion by 2032, growing at a CAGR of 4.85% during the forecast period.
Extruded Plastics Market grew in market size from 2021. The Market is expected to reach USD 327.64 billion by 2032, at a CAGR of 4.85% during the forecast period.
Extruded Plastics Market CAGR of 4.85% during the forecast period.
Extruded Plastics Market size is USD 327.64 billion from 2022 to 2032.
Extruded Plastics Market Segment is Covered By Material Type, By Application, By End Use.
The North America region is anticipated to have the highest market share in the Extruded Plastics Market.
They produce a vast variety of plastic-based goods, components, and forms, including pipes, tubes, films, wraps, sheets, and other unique goods. Since they come in practically all forms and sizes, they are used in a wide range of industries, including building and construction, packing, automotive, and others.
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The key players in the market include Companies Covered Absolute Custom Extrusions, Inc, Arkema, Atlantis Plastics, Inc, Berry Global Inc, Britech Industries, Chevron Phillips Chemical Company, DuPont, Engineered Profiles LLC, Exxon Mobil Corporation, Formosa Plastics Group, GSH Industries, JM EAGLE, INC, Petro Extrusion Technologies, Inc, Preferred Plastics, Inc, SABIC, Saint-Gobain Performance Plastics, Sealed Air, SFR Industries, Sigma Plastics Group.
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