Global Extruded Plastics Market—Forecast till 2028

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As per the analysis, the global Extruded plastics market size is anticipated to grow and reach a market value of USD 291.74 billion by the end of 2028.

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Description

Global Extruded Plastics Market—Forecast till 2028

Market Snapshot

As per the analysis, the global Extruded plastics market size is anticipated to grow and reach a market value of USD 291.74 billion by the end of 2028. The market is anticipated to experience a global CAGR of 4.7% during the years 2021 and 2030. A growing interest in extrudates is being seen in the market, especially from the development industry, which is intended to promote the growth of the extruded plastics market. The Asia-Pacific region is also showing increasing interest in the industry. Challenges that can prevent the market from expanding in the future are becoming more prevalent in the extruded plastics market share. Plastic production, usage, and disposal, particularly PVS, provide substantial hurdles that prevent the industry from expanding as predicted by the market for the five-year period ending in 2028.
The growth of progressions that would propel the industry toward amazing development is being seen in the extruded plastics market income. A high rate in sectors like the agriculture business has coincided with an increase in developing polymers. Extruded plastics in a variety of forms are used in the production business, which will spur market expansion during the forecasted period ending in 2028.

Segment Overview

The worldwide market has been divided into the accompanying: In view of the type, the market incorporates Low-thickness and high-thickness Polyethylene, Polypropylene, Polyvinyl Chloride, and others like Polystyrene.
The developing utilization of plastic has brought about the extension of its utilization in a variety of sectors. Some of them are bundling, building and Development, auto, and others like shopper merchandise, electrical and hardware, and others. The extruded plastics market is practical in 4 significant expanding regions specifically the North American region, Europe, the APAC region, and the remainder of the world.

Regional Analysis

The global market for extruded plastics is seeing unprecedented revenue growth. The Asia-Pacific region dominated the extruded plastics market tasks in the period that ended in 2019, due to market sways. During the projected time frame, this market in the Asia-Pacific region is expected to grow and develop at the fastest rate on the market. The primary driver behind this is the growing demand for extruded plastics from newly developed countries like Japan, China, India, and nearby Indonesia, among others. The market is experiencing an improvement in economies of scale, which is being followed by an increase in global assembling and development activities. The market is also expanding because of growing interest in the creative work sector and the extended degrees of plastic fabrication. The marketing is experiencing a rise in domestic producers in the APAC region, which has led to a massive expansion in the import of raw materials for extruded plastics.

Major Players

Major Players operating in the global extruded plastics market are Chevron Phillips Chemical Company, Berry Global Inc., Sigma Plastics Group, Amcor plc, DuPont de Nemours, Inc., Saudi Basic Industries Corporation (SABIC), Atlantis Plastics, Inc., Exxon Mobil Corporation, Saint-Gobain, and Formosa Plastics Corporation.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 15

1.1 MARKET ATTRACTIVENESS ANALYSIS 17

1.1.1 GLOBAL EXTRUDED PLASTICS MARKET, BY TYPE 17

1.1.2 GLOBAL EXTRUDED PLASTICS MARKET, BY FORM 17

1.1.3 GLOBAL EXTRUDED PLASTICS MARKET, BY END USE 18

1.1.4 GLOBAL EXTRUDED PLASTICS MARKET, BY REGION 19

2 MARKET INTRODUCTION 20

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 MARKET STRUCTURE 20

3 RESEARCH METHODOLOGY 21

3.1 RESEARCH PROCESS 21

3.2 PRIMARY RESEARCH 22

3.3 SECONDARY RESEARCH 23

3.4 MARKET SIZE ESTIMATION 23

3.5 TOP-DOWN AND BOTTOM-UP APPROACH 24

3.6 FORECAST MODEL 25

3.7 LIST OF ASSUMPTIONS 26

4 MARKET DYNAMICS 27

4.1 INTRODUCTION 27

4.2 DRIVERS 28

4.2.1 USE OF EXTRUDED PLASTICS IN PACKAGING 28

4.2.2 EXTENSIVE DEMAND FROM THE BUILDING & CONSTRUCTION INDUSTRY 28

4.2.3 DRIVERS IMPACT ANALYSIS 29

4.3 RESTRAINT 29

4.3.1 VOLATILE RAW MATERIAL PRICES 29

4.3.2 REGULATORY CONSTRAINTS 31

4.4 OPPORTUNITY 31

4.4.1 MICROBIAL DEGRADATION OF PLASTIC PRODUCTS 31

4.4 TRENDS 32

4.4.1 ADOPTION OF SUSTAINABLE FOOD PACKAGING 32

5 MARKET FACTOR ANALYSIS 33

5.1 GLOBAL EXTRUDED PLASTICS INDUSTRY OUTLOOK 33

5.2 SUPPLY CHAIN ANALYSIS 34

5.2.1 RAW MATERIALS SUPPLIERS 34

5.2.2 EXTRUDED PLASTICS MANUFACTURERS 34

5.2.3 DISTRIBUTION CHANNELS 35

5.2.4 END USERS 35

5.3 PORTER’S FIVE FORCES MODEL 35

5.3.1 THREAT OF NEW ENTRANTS 36

5.3.2 BARGAINING POWER OF SUPPLIERS 36

5.3.3 THREAT OF SUBSTITUTES 36

5.3.4 BARGAINING POWER OF BUYERS 36

5.3.5 INTENSITY OF RIVALRY 36

5.4 GLOBAL EXTRUDED PLASTICS MARKET, PRICING ANALYSIS (USD/KG) 37

5.5 IMPACT OF THE COVID-19 OUTBREAK ON GLOBAL EXTRUDED PLASTICS MARKET 37

5.5.1 PRODUCTION SCENARIO 37

5.5.2 IMPACT ON SUPPLY CHAIN 37

5.5.3 IMPACT ON SALES & DISTRIBUTION 38

5.5.4 IMPACT ON EXTRUDED PLASTICSEND USES 38

6 GLOBAL EXTRUDED PLASTICS MARKET, BY TYPE 39

6.1 OVERVIEW 39

6.1.1 EXTRUDED PLASTICS: MARKET ESTIMATES & FORECAST BY TYPE, 2018–2028 40

6.1.2 EXTRUDED PLASTICS: MARKET ESTIMATES & FORECAST BY TYPE, 2018–2028 40

6.2 LOW-DENSITY POLYETHYLENE (LDPE) 41

6.2.1 LOW-DENSITY POLYETHYLENE (LDPE) MARKET ESTIMATES & FORECAST BY REGION,2018–2028 41

6.3 HIGH-DENSITY POLYETHYLENE (HDPE) 42

6.3.1 HIGH-DENSITY POLYETHYLENE (HDPE) MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 42

6.4 POLYPROPYLENE 43

6.4.1 POLYPROPYLENEMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 43

6.5 POLYSTYRENE 44

6.5.1 POLYSTYRENEMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 44

6.6 POLYVINYL CHLORIDE 45

6.6.1 POLYVINYL CHLORIDEMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 45

6.7 ACRYLONITRILE BUTADIENE STYRENE 46

6.7.1 ACRYLONITRILE BUTADIENE STYRENEMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 46

6.8 POLYCARBONATE 47

6.8.1 POLYCARBONATEMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 47

6.9 OTHERS 48

6.9.1 OTHER EXTRUDED PLASTICSMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 48

7 GLOBAL EXTRUDED PLASTICS MARKET, BY FORM 49

7.1 OVERVIEW 49

7.1.1 EXTRUDED PLASTICS: MARKET ESTIMATES & FORECAST BY TYPE, 2018–2028 50

7.1.2 EXTRUDED PLASTICS: MARKET ESTIMATES & FORECAST BY TYPE, 2018–2028 50

7.2 FILMS 51

7.2.1 FILMSMARKET ESTIMATES & FORECAST BY REGION,2018–2028 51

7.3 SHEETS 52

7.3.1 SHEETSMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 52

7.4 PIPES & TUBES 53

7.4.1 PIPES & TUBESMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 53

7.5 WIRES & CABLES 54

7.5.1 WIRES & CABLESMARKET ESTIMATES & FORECAST BY REGION, 2018–2028 54

7.6 OTHERS 55

7.6.1 OTHER EXTRUDED PLASTICS MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 55

8 GLOBAL EXTRUDED PLASTICS MARKET, BY END USE 56

8.1 OVERVIEW 56

8.1.1 EXTRUDED PLASTICS: MARKET ESTIMATES & FORECAST BY END USE, 2018–2028 57

8.1.2 EXTRUDED PLASTICS: MARKET ESTIMATES & FORECAST BY END USE, 2018–2028 57

8.2 PACKAGING 58

8.2.1 PACKAGING: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 58

8.2.2 PACKAGING: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 59

8.3 BUILDING & CONSTRUCTION 59

8.3.1 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 60

8.3.2 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 60

8.4 AUTOMOTIVE 61

8.4.1 AUTOMOTIVE: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 61

8.4.2 AUTOMOTIVE: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 62

8.4 CONSUMER GOODS 63

8.4.1 CONSUMER GOODS: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 63

8.4.2 CONSUMER GOODS: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 64

8.4 ELECTRICAL & ELECTRONICS 64

8.4.1 ELECTRICAL & ELECTRONICS: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 65

8.4.2 ELECTRICAL & ELECTRONICS: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 65

8.4 MEDICAL 66

8.4.1 MEDICAL: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 66

8.4.2 MEDICAL: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 67

8.5 OTHERS 67

8.5.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 68

8.5.2 OTHERS: MARKET ESTIMATES & FORECAST BY REGION, 2018–2028 68

9 GLOBAL EXTRUDED PLASTICS MARKET, BY REGION 69

9.1 OVERVIEW 70

9.2 NORTH AMERICA 71

9.2.1 US 71

9.2.2 CANADA 72

9.3 EUROPE 72

9.3.1 GERMANY 73

9.3.2 UK 74

9.3.3 FRANCE 74

9.3.4 RUSSIA 75

9.3.5 SPAIN 75

9.3.6 REST OF EUROPE 76

9.4 ASIA-PACIFIC 76

9.4.1 CHINA 77

9.4.2 JAPAN 77

9.4.3 INDIA 78

9.4.4 SOUTH KOREA 78

9.4.5 AUSTRALIA & NEW ZEALAND 79

9.4.6 REST OF ASIA-PACIFIC 79

9.5 LATIN AMERICA 81

9.5.1 BRAZIL 83

9.5.2 MEXICO 84

9.5.3 ARGENTINA 86

9.5.4 REST OF LATIN AMERICA 87

9.6 MIDDLE EAST & AFRICA 89

9.6.1 GCC 91

9.6.2 TURKEY 92

9.6.3 SOUTH AFRICA 94

9.6.4 REST OF MIDDLE EAST & AFRICA 95

10 COMPETITIVE LANDSCAPE 97

10.1 COMPETITIVEOVERVIEW 97

10.2 MARKET STRATEGY ANALYSIS 97

10.3 KEY DEVELOPMENTS 98

10.4 COMPETITIVE BENCHMARKING 99

11 COMPANY PROFILES 110

11.1 BASF SE 110

11.1.1 COMPANY OVERVIEW 110

11.1.2 FINANCIAL OVERVIEW 111

11.1.3 PRODUCTS OFFERED 111

11.1.4 KEY DEVELOPMENTS 112

11.1.5 SWOT ANALYSIS 112

11.1.6 KEY STRATEGIES 112

11.2 S H KELKAR AND COMPANY LIMITED 113

11.2.1 COMPANY OVERVIEW 113

11.2.2 FINANCIAL OVERVIEW 113

11.2.3 PRODUCTS OFFERED 114

11.2.4 KEY DEVELOPMENTS 114

11.2.5 SWOT ANALYSIS 115

11.2.6 KEY STRATEGIES 115

11.3 GIVAUDAN 116

11.3.1 COMPANY OVERVIEW 116

11.3.2 FINANCIAL OVERVIEW 116

11.3.3 PRODUCTS OFFERED 117

11.3.4 KEY DEVELOPMENTS 117

11.3.5 SWOT ANALYSIS 118

11.3.6 KEY STRATEGIES 118

11.4 KAO CORPORATION 119

11.4.1 COMPANY OVERVIEW 119

11.4.2 FINANCIAL OVERVIEW 119

11.4.3 PRODUCTS OFFERED 111

11.4.4 KEY DEVELOPMENTS 111

11.4.5 SWOT ANALYSIS 111

11.4.6 KEY STRATEGIES 111

11.5 SYMRISE 112

11.5.1 COMPANY OVERVIEW 112

11.5.2 FINANCIAL OVERVIEW 112

11.5.3 PRODUCTS OFFERED 113

11.5.4 KEY DEVELOPMENTS 113

11.5.5 SWOT ANALYSIS 114

11.5.6 KEY STRATEGIES 114

11.6 FINE CHEMICALS INC 115

11.6.1 COMPANY OVERVIEW 115

11.6.2 FINANCIAL OVERVIEW 115

11.6.3 PRODUCTS OFFERED 115

11.6.4 KEY DEVELOPMENTS 115

11.6.5 SWOT ANALYSIS 116

11.6.6 KEY STRATEGIES 116

11.7 TAKASAGO INTERNATIONAL CORPORATION 117

11.7.1 COMPANY OVERVIEW 117

11.7.2 TAKASAGO INTERNATIONAL CORPORATION: FINANCIAL OVERVIEW 117

11.7.3 PRODUCTS OFFERED 118

11.7.4 KEY DEVELOPMENTS 118

11.7.5 SWOT ANALYSIS 119

11.7.6 KEY STRATEGIES 119

11.8 INTERNATIONAL FLAVORS & FRAGRANCES 120

11.8.1 COMPANY OVERVIEW 120

11.8.2 INTERNATIONAL FLAVORS & FRAGRANCES: FINANCIAL OVERVIEW 120

11.8.3 PRODUCTS OFFERED 121

11.8.4 KEY DEVELOPMENTS 121

11.8.5 SWOT ANALYSIS 121

11.8.6 KEY STRATEGIES 122

11.9 MERCK KGAA 123

11.9.1 COMPANY OVERVIEW 123

11.9.2 MERCK KGAA: FINANCIAL OVERVIEW 123

11.9.3 PRODUCTS OFFERED 124

11.9.4 KEY DEVELOPMENTS 124

11.9.5 SWOT ANALYSIS 124

11.9.6 KEY STRATEGIES 124

11.10 SENSIENT TECHNOLOGIES 125

11.10.1 COMPANY OVERVIEW 125

11.10.2 FINANCIAL OVERVIEW 125

11.10.3 PRODUCTS OFFERED 126

11.10.4 KEY DEVELOPMENTS 126

11.10.5 SWOT ANALYSIS 126

11.10.6 KEY STRATEGIES 127

Companies Mentioned

Chevron Phillips Chemical Company, Berry Global Inc., Sigma Plastics Group, Amcor plc, DuPont de Nemours, Inc., Saudi Basic Industries Corporation (SABIC), Atlantis Plastics, Inc., Exxon Mobil Corporation, Saint-Gobain, and Formosa Plastics Corporation

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