North America 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 North America Extruded Plastics Market would witness market growth of 3.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 17,625.7 kilo tonnes, showcasing a growth of 17.2% (2020-2023).
Extruded plastics are extensively utilized in automotive interiors, exteriors, and under-the-hood components, offering advantages such as durability, corrosion resistance, and cost-effectiveness. Thus, the Mexico market consumed 1,360.7 kilo tonnes of extruded plastic in the market 2020.
The US market dominated the North America Extruded Plastics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $41,762 million by 2031. The Canada market is experiencing a CAGR of 4.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.9% during (2024 - 2031).
Extruded plastic profiles, tubes, and sheets find utility in producing furniture components, household appliances, and electronic enclosures, offering designers unparalleled design freedom and material versatility.
Moreover, extruded plastic films and foams serve as essential packaging materials for electronic devices, providing cushioning, protection, and electrostatic discharge (ESD) control during transit and storage.
Compared to other manufacturing centers, Mexico's labor costs are competitive, making it an attractive location for automotive production. In addition, the Mexican government has enacted policies that assist in the automotive sector, including advantageous trade agreements and tax incentives, thereby enhancing its level of competitiveness.
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 U.S., Mexico, Canada, and Rest of North America.
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
By Material (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
- Polycarbonate
- Others
- Profiles
- Pipes & Tubes
- Sheets & Films
- Cables & Wires
- Filaments
- Others
- Packaging
- Construction
- Automotive
- Electronics
- Consumer Goods
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Extruded Plastics Market, by Material
- 1.4.2 North America Extruded Plastics Market, by Application
- 1.4.3 North America Extruded Plastics Market, by End-use
- 1.4.4 North America Extruded Plastics Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Strategies Deployed in Extruded Plastics Market
- Chapter 5. North America Extruded Plastics Market by Material
- 5.1 North America Polyethylene Market by Country
- 5.2 North America Polypropylene Market by Country
- 5.3 North America Polyvinyl Chloride Market by Country
- 5.4 North America Polystyrene Market by Country
- 5.5 North America Polycarbonate Market by Country
- 5.6 North America Others Market by Country
- Chapter 6. North America Extruded Plastics Market by Application
- 6.1 North America Profiles Market by Country
- 6.2 North America Pipes & Tubes Market by Country
- 6.3 North America Sheets & Films Market by Country
- 6.4 North America Cables & Wires Market by Country
- 6.5 North America Filaments Market by Country
- 6.6 North America Others Market by Country
- Chapter 7. North America Extruded Plastics Market by End-use
- 7.1 North America Packaging Market by Country
- 7.2 North America Construction Market by Country
- 7.3 North America Automotive Market by Country
- 7.4 North America Electronics Market by Country
- 7.5 North America Consumer Goods Market by Country
- 7.6 North America Others Market by Country
- Chapter 8. North America Extruded Plastics Market by Country
- 8.1 US Extruded Plastics Market
- 8.1.1 US Extruded Plastics Market by Material
- 8.1.2 US Extruded Plastics Market by Application
- 8.1.3 US Extruded Plastics Market by End-use
- 8.2 Canada Extruded Plastics Market
- 8.2.1 Canada Extruded Plastics Market by Material
- 8.2.2 Canada Extruded Plastics Market by Application
- 8.2.3 Canada Extruded Plastics Market by End-use
- 8.3 Mexico Extruded Plastics Market
- 8.3.1 Mexico Extruded Plastics Market by Material
- 8.3.2 Mexico Extruded Plastics Market by Application
- 8.3.3 Mexico Extruded Plastics Market by End-use
- 8.4 Rest of North America Extruded Plastics Market
- 8.4.1 Rest of North America Extruded Plastics Market by Material
- 8.4.2 Rest of North America Extruded Plastics Market by Application
- 8.4.3 Rest of North America Extruded Plastics Market by End-use
- Chapter 9. Company Profiles
- 9.1 LyondellBasell Industries Holdings B.V.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.5.3 Geographical Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Berry Global Group, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Geographical Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Amcor Plc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 Sealed Air Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 SWOT Analysis
- 9.5 Formosa Plastics Group
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 SWOT Analysis
- 9.6 SABIC (Saudi Arabian Oil Company)
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 SWOT Analysis
- 9.7 Saint-Gobain Group
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 SWOT Analysis
- 9.8 Arkema S.A.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 SWOT Analysis
- 9.9 The Dow Chemical Company
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
- 9.10. Sigma Plastics Group
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
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