Extruded Plastics Market Size- By Material Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Extruded Plastics Market Overview
According to SPER Market Research, the Global Extruded Plastics Market is estimated to reach USD 327.64 billion by 2032 with a CAGR of 4.85%. Extruded plastics are materials created by continuously melting and molding high volume polymeric material. They produce a vast variety of plastic-based goods, components, and forms, including pipes, tubes, films, wraps, sheets, and other unique goods. Since they come in practically all forms and sizes, they are used in a wide range of industries, including building and construction, packing, automotive, and others.
Impact of COVID-19 on the Global Extruded Plastics Market The new coronavirus is an unmatched worldwide pandemic that has affected many nations and resulted in significant losses in both human life and the global economy. The current pandemic outbreak has had a negative effect on the key end-users of extruded plastics, including building & construction, packaging, automotive, industrial, and electrical & electronics. The global supply chain for extruded plastics has been hampered by the widening supply-demand mismatch brought on by the ongoing health issue.
Scope of the Report: Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Material Type, By Application, By End Use
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Absolute Custom Extrusions, Inc, Arkema, Atlantis Plastics, Berry Global Inc, Britech Industries, DuPont, Engineered Profiles LLC, Petro Extrusion Technologies, Preferred Plastics, Sealed Air, SFR Industries, Sigma Plastics Group
Global Extruded Plastics Market Segmentation:
By Application: Based on the Application, Global Extruded Plastics Market is segmented as; Films, Pipes and Tubing, Windows and Door Profiles, Wire Insulation, Others.
By End Use: Based on the End Use, Global Extruded Plastics Market is segmented as; Automotive, Building & Construction, Industrial, Packaging, Others.
By Region: The market for extruded plastics is expected to develop at the greatest CAGR during the forecast period in Asia-Pacific. Extruded plastics are employed as a primary insulating material in a growing number of consumer electronics goods, which explains why this is happening.