Global Extruded Nets Market - 2021-2028

Global Extruded Nets Market - 2021-2028

Market Overview

The global extruded nets market size was worth US$ XX million in 2020 and is estimated to reach US$ XX million by 2028, growing at a CAGR of XX% during the forecast period (2021-2028).

Extruded nets can be produced from various materials, including plastics, metal & alloys, natural fiberglass and natural fibers. Polyethylene and polypropylene offer versatility at a reasonable cost making them the two most popular resin choices for plastic netting. Polypropylene is rugged and unusually repellent to various chemical solvents, bases and acids.

Polyethylene is softer and flexible than polypropylene. Polytetrafluoroethylene offers anti-stick and high temperatures but is only available in expanded mesh form in narrower roll widths. During the extrusion process, colorants and additives can be introduced to produce distinct colors or properties such as stabilization against ultraviolet light degradation.

As the ideal parts protection netting, the extruded netting is available for all kinds of containment, protection and separation applications. The extruded nets are the perfect material to keep them intact, from mechanical and auto parts to spring silencers, furniture and bathroom products. Some of the major applications of the extruded nets are cylinder protection, bulk packaging protection, electroplating bundling, furniture protection, wine and liquor bottle protection, AN-OX Vapor corrosion inhibitor, nylon separation grids, metal parts protection, spring silencers and others.

Market Dynamics

The rising demand for eco-friendly products drives the global extruded nets market growth.

Rising demand for eco-friendly extruded nets

The usage of extruded nets has been evolving in various end-user industries due to their superior properties and useful applications. However, various types of plastics are used in manufacturing extruded nets, which has raised environmental concerns among consumers and companies. The companies are looking for sustainable options for contributing to saving the environment by not using harmful materials.

Various end-user companies have already shifted towards using eco-friendly extrude nets for their need. For instance, in 2021, Norma announced new packaging for its Ernte Krone potato brand, which saves up to 50% of the material used. The new nets provide shopper-friendly packaging with the same strength and save up to 40% plastic. Furthermore, the net will be made of the same material in the future, making it even easier to dispose of them properly, which will help save around 630 tons of resources and thus take the next step in the company's sustainability offensive.

Growing concerns on ghost fishing

The use of synthetic material for attaining great fishing performance, high strength and low cost contributed to the growth of global gillnet and driftnet fisheries. The main disadvantage of synthetic nets is that if lost, abandoned, or dumped at sea, they are extremely resistant to degradation, resulting in ghost fishing. Ghost fishing may set off a vicious cycle in which fish and other marine organisms get caught in abandoned nets, die and then serve as bait to attract other organisms, which is highly objectionable from an environmental point of view.

Net fisheries' abandoned, lost, or otherwise discarded fishing gear can entangle and kill larger marine species and sea birds, disrupt breeding grounds and suffocate habitats, posing serious hazards and posing long-term harm to marine environments. According to a 2009 United Nations research, ghost-fishing gear accounts for 10% of global marine litter or around 640,000 tons. According to a recent NOAA research, the Florida Keys National Marine Sanctuary alone has more than 85,000 ghost lobster and crab traps. The agency reported 250,000 crab traps deployed on the Chesapeake Bay on a normal summer day.

It is estimated that 30% of the traps in the Chesapeake Bay are lost each season owing to propellers cutting float lines or chafing them due to wave action or currents. However, the companies focus on biodegradable fishing nets designed to disintegrate or decompose after some time underwater, losing their ghost fishing capacity faster than regular gear to overcome the restraint.

COVID-19 Impact Analysis

The market for extruded nets has been unstable during the COVID-19 outbreak. Extruded Nets have been utilized in automotive, energy, food & packaging, sports, industrial and other industries. Most end-user industries have to face the downfall during the COVID-19, which has impacted the demand of extruded nets market. For instance, car sales had fallen 79% in February 2020 from the prior-year period in China. Builders are still dealing with supply-chain interruptions, a spike in the raw material prices and other pandemic-related issues.

The extruded netting is used to stretch, reinforce, contain and laminate different types of substrates in the building & construction industry. However, the demand for extruded nets grew in 2021 as manufacturers of green building products are using netting in their product designs to reduce cost, achieve energy efficiencies and improve overall performance.

Segment Analysis

By configuration, the extruded nets market is segmented into the square, diamond, hexagonal and oblong.

Demand from filtration applications is boosting the sales for diamond extruded nets

Extruded diamond netting, also recognized as bi-planar netting, is extruded netting with a diamond-shaped configuration. The major difference between square and diamond netting is that diamond netting has a set of strands on top of the others in the opposite direction, while square netting has strands on the same level. Plastic diamond mesh netting is manufactured using counter-rotating dies, creating strands in opposite directions overlaying each other. The thickness of extruded plastic diamond netting will be twice the thickness of each strand.

The diamond extruded nets have been gaining demand for animal fencing and for use in filter reinforced wire netting in petroleum and chemical fields. The diamond net can also be used as line mesh of the spring mattress, car backrest and construction engineering. Extruded diamond netting is essentially used in cross-flowing applications for spacing and drainage among filtration products. It provides consistent flow characteristics while providing proper turbulence to clean membrane media surfaces. The extruded diamond netting is also used in tightly-spaced pleat packs for excellent pleat separation.

Geographical Analysis

Growing industrial sector is boosting the sales in Asia-Pacific

The demand in Asia-Pacific is increasing because extruded nets are growing in construction, industrial, sports, packaging, agriculture, and other industries. The nets are used for keeping various food items such as meat, seafood, fruits, vegetables, etc. Moreover, in countries like India and China industrial sector has been growing significantly and extruded nets are highly needed to safeguard the manufacturing sites and buildings.

For instance, industrial production in India averaged 6.14% from 1994 until 2021, reaching an all-time high of 133.50% in April of 2021. Moreover, China's Industrial production grew 3.1 % YoY in Sep 2021, following an advance of 5.3 % YoY in the previous month. The growing building and construction markets in developing nations will also impact the growth of extruded nets market in the region. For instance, China's construction industry is forecasted to expand at an annual average of 5% between 2019 and 2023.

Competitive Landscape

The extruded nets market is highly fragmented with the presence of global and local companies. The extruded nets have applications in numerous industries; manufacturers only target a specific number of applications. In addition, some players contributing to the market's growth are SWM Global, MESH PACK Gmbh, GSH Group, Galloplastik S.R.L, Hellagro, Averinox NL, Intermas Group, Norplex Inc, EXPO-NET Danmark A/S, Industrial Netting and others.

SWM Global

Overview: Schweitzer-Mauduit Global is a product engineering and manufacturing company that develops paper, netting, film and nonwovens for a wide range of products and applications. The products are designed and manufactured using resins, polymers and natural fibers for several industries and specialty applications. SWM and its subsidiaries manufacture on 4r continents, conduct business in more than 90 countries and employ over 5,000 people globally.

Product Portfolio: The company manufactures extruded diamond netting, extruded flat netting, extruded square netting, extruded cylindrical tubes and other similar products.

Key Development: In 2019, SWM Global marked the completion of its move into a state-of-the-art facility in Prosperity, South Carolina. The new facility has allowed the company to expand and extend its local operations with production equipment, increasing its operating capacity. The company employs about 50 individuals at the Prosperity location.

Why Purchase the Report?

Visualize the global extruded nets market segmentation by material, configuration, application, end-user and region, highlighting the key commercial assets and players.

Identify commercial opportunities in the global extruded nets market by analyzing trends and co-development deals.

Excel data sheet with thousands of global extruded nets market-level 4/5 segmentation data points.

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Product mapping in excel for the key product of all major market players

The global extruded nets market report would provide an approximate 69 market data table, 77 figures and 180 pages

Target Audience

Raw Material Providers

Buyers

Extruded Nets Manufacturers

Industry Investors/Investment Bankers

Building & Construction companies

Agricultural industry Investors

Animal Protection & fishing Industry

Education & Research Institutes

Research Professionals

Emerging Companies

Distributors