Extruded Plastics Market Forecast 2019-2025 Growth Drivers, Regional Outlook
Category: #business  By Ashwin Naphade  Date: 2019-09-10
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Extruded Plastics Market Forecast 2019-2025 Growth Drivers, Regional Outlook

The latest trending report Global Extruded Plastics Market to 2025 offered by Global Market Insights, inc is an informative study covering the market with detailed analysis. The report will assist reader with better understanding and decision making.

Asia-Pacific region dominated the global extruded plastics market in 2015. The product market is likely to show significant growth in Asia-Pacific, particularly in India, China and Japan, owing to the fast-paced industrialization, elevating infrastructural standards and e-commerce boom in this region. The global demand for packaging from e-commerce segment for goods handling, when in transit, has accelerated the extruded plastics market growth. Moreover, the power & lighting and electronics & telecommunication segment is on rise in developed regions such as Europe and North America, which is also seen to boost the overall product demand.

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Global Extruded Plastics Market size was valued at USD 182 billion in 2015 and may exceed USD 290 billion in 2024, registering a moderate CAGR of 4.5% in the forecast period. Extruded plastics are basically plastics of different shapes and sizes, taken through the extrusion process, where in they are forcibly pushed through a tool that imparts them a shape and form. All types of plastics are easily malleable and can be manufactured in endless lengths and shapes, hence appropriate to be used for extrusion. Extruded plastics have applications in various industries due to its availability in almost all forms ranging from pipes & tubes to films & sheets.

The prime growth driver for extruded plastics market is the increasing demand from the packaging industry due to the developments in food & beverage and consumer products segment throughout the world. In addition, the rise in infrastructural needs of nations is fueling the product demand in construction and building materials industry.

Also, the growth in electrical, electronics & telecommunication industry is likely to have a positive impact on the product market owing to the rising demand in wires & cables, computers and accessories and consumer appliances. The rise in disposable income of modern consumer and high standards of living will positively influence the product market growth. Moreover, the low cost associated with manufacturing & procurement of feedstock, excellent mechanical properties and entry of domestic players for raw materials will boost the extruded plastics market growth in the coming years.

The Extruded Plastics Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Extruded Plastics Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 - 2025
3.3. Industry ecosystem analysis 
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2019
3.11. PESTEL analysis
3.14. Regional price trends

4. Extruded Plastics Product Insights
5. Extruded Plastics Application Insights

6. Extruded Plastics Regional Insights
7. Competitor Profiles

The extruded plastics market, based on its types, can be segmented into categories such as Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE), Polypropylene, Polystyrene and Polyvinyl Chloride (PVC). LDPE was the dominant segment in the global extruded plastics market in 2015. It has wide usage in particularly film application in both non-packaging (garbage bags, waste bin liners, industrial sheeting and construction & agricultural coating) and packaging (produce bags and bakery films) segments.

Other markets of LDPE include sheathings in cable, extrusion coatings and injection moulding applications. This can be attributed to its long and short branching which gives it good process ability along with durability. The polystyrene segment is anticipated to grow in the forecast period, reason being its low-cost availability and increasing use in appliances, toys, consumer durables and many other such applications.

Reasons to Buy This Report:

1. Extruded Plastics Market size & share forecast by product & application 2019-2025

2. Growth drivers, pitfalls & industry challenges

3. Key Extruded Plastics Market growth opportunities & emerging business models

4. Competitive benchmarking with market share analysis and company profiles

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The key players in the extruded plastics market are Sigma Plastics Group, The Dow Chemical Company, Chevron Philips Chemical Company, ExxonMobil Chemical Company, Berry Plastics Corporation, SABIC, JM Eagle and Saint Gobain S.A. Other predominant companies include E.I Dupont De Nemours and Company, Bemis Company Incorporated and Sealed Air Corporation.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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