Israel Extruded Plastic Market Size Study, by Type (Polypropylene, Polyethylene, Polyvinyl Chloride, Others), by End-User Industry (Construction, Electrical and Electronics, Packaging, Automotive, Others), Forecasts 2022-2032
Israel Extruded Plastic Market Size Study, by Type (Polypropylene, Polyethylene, Polyvinyl Chloride, Others), by End-User Industry (Construction, Electrical and Electronics, Packaging, Automotive, Others), Forecasts 2022-2032
The Israel Extruded Plastic Market is projected to grow at a compound annual growth rate (CAGR) of 4.18%, reaching a market size of approximately USD 433.33 million by 2032, up from USD 299.75 million in 2023. The process of extruding plastic involves melting plastic material and forcing it through a shaped die to create long, continuous profiles. This technique is widely utilized in manufacturing products with consistent cross-sections, such as pipes, tubing, window frames, and profiles for doors and panels. The versatility and cost-effectiveness of extruded plastic make it a preferred choice across various industries, including automotive, packaging, and construction.
The primary driver of market growth is the rising construction and infrastructure development in Israel. As the country continues to urbanize and expand its infrastructure projects, there is an increased demand for durable and versatile extruded plastic products, which are essential for piping systems, insulation, and protective coatings. Additionally, advancements in plastic extrusion technologies have significantly enhanced the performance and applications of extruded plastic products, reduced production costs and expanding their use in various sectors. Also, an opportunity for market expansion lies in the growing trend toward sustainability. As environmental regulations become stricter and consumer preferences shift towards eco-friendly solutions, there is a market opportunity for developing recyclable and environmentally friendly extruded plastic products. Manufacturers investing in green technologies and recycling processes can gain a competitive edge and access new market segments.
However, the market faces challenges related to environmental concerns. The increasing scrutiny over plastic waste and its environmental impact pressures the extruded plastic market to innovate and comply with environmental standards. This can lead to higher operational costs and complexities, as manufacturers must adapt to new regulations and consumer expectations.
Key players in the Israel Extruded Plastic Market include:
PLASTOPIL
Palram Industries Ltd.
HULIOT
Uniflex
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segments of the market are explained below:
By End-User Industry: • Construction • Electrical and Electronics • Packaging • Automotive • Others
Years considered for the study are as follows: • Historical year – 2022 • Base year – 2023 • Forecast period – 2024 to 2032
Key Takeaways: • Market Estimates & Forecast for 10 years from 2022 to 2032. • Annualized revenues and regional level analysis for each market segment. • Competitive landscape with information on major players in the market. • Analysis of key business strategies and recommendations on future market approach. • Analysis of competitive structure of the market. • Demand side and supply side analysis of the market.
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Chapter 1. Israel Extruded Plastic Market Executive Summary
1.1. Israel Extruded Plastic Market Size & Forecast (2022-2032)
1.2. Segmental Summary
1.2.1. By Type
1.2.2. By End-User Industry
1.3. Key Trends
1.4. Recession Impact
1.5. Analyst Recommendation & Conclusion
Chapter 2. Israel Extruded Plastic Market Definition and Research Assumptions