Europe Extruded Plastics Market Size, Share & Trends Analysis Report By Material, (Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Polycarbonate, and Others), By Application, By End-use, By Country and Growth Forecast, 2024 - 2031
The Europe Extruded Plastics Market would witness market growth of 3.7% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 23,882.1 kilo tonnes, showcasing a growth of 17.0% (2020-2024).
Extruded plastics, particularly those based on Polyethylene (PE), find extensive applications across various industries due to their versatility, durability, and cost-effectiveness. PE extruded plastics are commonly used in packaging, construction, automotive, consumer goods, and agriculture sectors. Thus, the France market consumed 2,843.56 kilo tonnes of extruded plastic in the market 2021.
The Germany market dominated the Europe Extruded Plastics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,396.7 million by 2031. The UK market is exhibiting a CAGR of 3.4% during (2024 - 2031). Additionally, The France market would experience a CAGR of 3.1% during (2024 - 2031).
Plastics have become indispensable materials across diverse industries owing to their versatility, durability, and cost-effectiveness. Within the realm of plastics manufacturing, extrusion stands out as a cornerstone process, facilitating the production of a vast array of plastic products with intricate shapes and dimensions.
Additionally, the market comprises numerous sectors, including packaging, consumer goods, construction, and automotive, which propel innovation and reshape industrial landscapes.
Italian automotive companies are renowned for their innovative design and engineering capabilities. Italian designers and engineers are known for pushing the boundaries of automotive design, creating vehicles that blend aesthetic beauty with cutting-edge technology and performance. Extruded plastics offer design flexibility, allowing Italian automakers to create customized interior and exterior components that reflect the brand's identity and design philosophy.
Based on Material, the market is segmented into Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Polycarbonate, and Others. Based on Application, the market is segmented into Profiles, Pipes & Tubes, Sheets & Films, Cables & Wires, Filaments, and Others. Based on End-use, the market is segmented into Packaging, Construction, Automotive, Electronics, Consumer Goods, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- LyondellBasell Industries Holdings B.V.
- Berry Global Group, Inc.
- Amcor Plc
- Sealed Air Corporation
- Formosa Plastics Group
- Saudi Basic Industries Corporation (SABIC)
- Saint-Gobain Group
- Arkema S.A.
- The Dow Chemical Company
- Sigma Plastics Group
Europe Extruded Plastics Market Report Segmentation
By Material (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
- Polycarbonate
- Others
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Profiles
- Pipes & Tubes
- Sheets & Films
- Cables & Wires
- Filaments
- Others
By End-use (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Packaging
- Construction
- Automotive
- Electronics
- Consumer Goods
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe