Extruded Plastics Market Size- By Material Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Description

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.

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.

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:

By Material Type: Based on the Material Type, Global Extruded Plastics Market is segmented as; Acrylonitrile Butadiene Styrene, High-Density Polyethylene, Low-Density Polyethylene, Polycarbonate, Polypropylene, Polystyrene, Polyvinyl Chloride, Others.

By Application: Based on the Application, Global Extruded Plastics Market is segmented as; Films, Pipes and Tubing, Windows and Door Profiles, Wire Insulation, Others.

By End Use: Based on the End Use, Global Extruded Plastics Market is segmented as; Automotive, Building & Construction, Industrial, Packaging, Others.

By Region: The market for extruded plastics is expected to develop at the greatest CAGR during the forecast period in Asia-Pacific. Extruded plastics are employed as a primary insulating material in a growing number of consumer electronics goods, which explains why this is happening.

Product Code: CHEM2322

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 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 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Extruded Plastics Market

5. Market variables and outlook

5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Competitive Landscape

6.1 Global Extruded Plastics Manufacturing Base Distribution, Sales Area, Product Type
6.2 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 Styrene
7.2 High-Density Polyethylene
7.3 Low-Density Polyethylene
7.4 Polycarbonate
7.5 Polypropylene
7.6 Polystyrene
7.7 Polyvinyl Chloride
7.8 Others

8. Global Extruded Plastics Market, By Application, 2019-2032 (USD Million)

8.1 Films
8.2 Pipes and Tubing
8.3 Windows and Door Profiles
8.4 Wire Insulation
8.5 Others

9. Global Extruded Plastics Market, By End Use,2019-2032 (USD Million)

9.1 Automotive
9.2 Building & Construction
9.3 Industrial
9.4 Packaging
9.5 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 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
10.5 Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
10.6 North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
10.7 Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America

11. Company Profiles

11.1 Absolute Custom Extrusions, Inc
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
11.2 Arkema
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
11.3 Atlantis Plastics, Inc
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
11.4 Berry Global Inc
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
11.5 Britech Industries
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
11.6 Chevron Phillips Chemical Company
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
11.7 DuPont
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
11.8 Engineered Profiles LLC
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
11.9 Exxon Mobil Corporation
- 11.9.1 Company details
- 11.9.2 Financial outlook
- 11.9.3 Product summary
- 11.9.4 Recent developments
11.10 Formosa Plastics Group
- 11.10.1 Company details
- 11.10.2 Financial outlook
- 11.10.3 Product summary
- 11.10.4 Recent developments
11.11 GSH Industries
- 11.11.1 Company details
- 11.11.2 Financial outlook
- 11.11.3 Product summary
- 11.11.4 Recent developments
11.12 JM EAGLE, INC
- 11.12.1 Company details
- 11.12.2 Financial outlook
- 11.12.3 Product summary
- 11.12.4 Recent developments
11.13 Petro Extrusion Technologies, Inc
- 11.13.1 Company details
- 11.13.2 Financial outlook
- 11.13.3 Product summary
- 11.13.4 Recent developments
11.14 Preferred Plastics, Inc
- 11.14.1 Company details
- 11.14.2 Financial outlook
- 11.14.3 Product summary
- 11.14.4 Recent developments
11.15 SABIC
- 11.15.1 Company details
- 11.15.2 Financial outlook
- 11.15.3 Product summary
- 11.15.4 Recent developments
11.16 Saint-Gobain Performance Plastics
- 11.16.1 Company details
- 11.16.2 Financial outlook
- 11.16.3 Product summary
- 11.16.4 Recent developments
11.17 Sealed Air
- 11.17.1 Company details
- 11.17.2 Financial outlook
- 11.17.3 Product summary
- 11.17.4 Recent developments
11.18 SFR Industries
- 11.18.1 Company details
- 11.18.2 Financial outlook
- 11.18.3 Product summary
- 11.18.4 Recent developments
11.19 Sigma Plastics Group
- 11.19.1 Company details
- 11.19.2 Financial outlook
- 11.19.3 Product summary
- 11.19.4 Recent developments