Extruded Plastic Market Report: Trends, Forecast and Competitive Analysis to 2030
Extruded Plastic Trends and Forecast
The future of the global extruded plastic market looks promising with opportunities in the building & construction, packaging, automotive, and industrial markets. The global extruded plastic market is expected to reach an estimated $228.7 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are increasing emphasis on sustainability and environmental concerns, rising demand from the packaging industry, and growing construction activities across the globe.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Extruded Plastic by Segment
The study includes a forecast for the global extruded plastic by material type, application, end use, and region.
Extruded Plastic Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
- Others
Extruded Plastic Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Pipes & Tubing
- Wire Insulation
- Windows & Door Profiles
- Films
- Others
Extruded Plastic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Building & Construction
- Packaging
- Automotive
- Industrial
- Others
Extruded Plastic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Extruded Plastic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies extruded plastic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the extruded plastic companies profiled in this report include-
- Atlantis Plastics
- China Plastic Extrusion
- Crescent Plastics
- GSH Industries
- Keller Plastics
- Lakeland Plastics
- Nenplas
- Petro Packaging
- IncPexco
- Saint Gobain
Extruded Plastic Market Insights
Lucintel forecasts that polyethylene will remain the largest segment over the forecast period due to its durability, flexibility, and affordability.
Within this market, packaging will remain the largest segment due to rising need for durable, lightweight, and afforable packaging materials for variety of products.
APAC is expected to witness highest growth over the forecast period due to the growing market for consumer electronics and rising investment in the manufacturing and construction activities in the region.
Features of the Global Extruded Plastic Market
Market Size Estimates: Extruded plastic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Extruded plastic market size by material type, application, end use, and region in terms of value ($B).
Regional Analysis: Extruded plastic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material types, applications, end uses, and regions for the extruded plastic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the extruded plastic market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the extruded plastic market size?
Answer: The global extruded plastic market is expected to reach an estimated $228.7 billion by 2030.
Q2. What is the growth forecast for extruded plastic market?
Answer: The global extruded plastic market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the extruded plastic market?
Answer: The major drivers for this market are increasing emphasis on sustainability and environmental concerns, rising demand from the packaging industry, and growing construction activities across the globe.
Q4. What are the major segments for extruded plastic market?
Answer: The future of the extruded plastic market looks promising with opportunities in the building & construction, packaging, automotive, and industrial markets.
Q5. Who are the key extruded plastic market companies?
Answer: Some of the key extruded plastic companies are as follows:
- Atlantis Plastics
- China Plastic Extrusion
- Crescent Plastics
- GSH Industries
- Keller Plastics
- Lakeland Plastics
- Nenplas
- Petro Packaging
- IncPexco
- Saint Gobain
Q6. Which extruded plastic market segment will be the largest in future?
Answer: Lucintel forecasts that polyethylene will remain the largest segment over the forecast period due to its durability, flexibility, and affordability.
Q7. In extruded plastic market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the growing market for consumer electronics and rising investment in the manufacturing and construction activities in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the extruded plastic market by material type (polyethylene, polypropylene, polyvinyl chloride, polystyrene, and others), application (pipes & tubing, wire insulation, windows & door profiles, films, and others), end use (building & construction, packaging, automotive, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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