The Extruded Plastics Market was worth USD 168.34 billion in 2014 and is expected to reach approximately USD 251.46 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.56% during the forecast period. Plastics extrusion is a high-volume fabricating procedure in which raw plastic is liquefied and framed into a nonstop profile. Extrusion produces products, for example, fencing, pipe/tubing, weather-stripping, window frames, deck railings, wire insulation, thermoplastic coatings, and plastic films and sheeting. This procedure begins by feeding plastic material from a container into the barrel of the extruder. The material is slowly dissolved by the mechanical energy produced by turning screws and by radiators masterminded along the barrel. The liquid polymer is then constrained into a die, which shapes the polymer into a shape that solidifies amid cooling
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Regional Outlook and Trend Analysis:
The Asia-Pacific locale was the biggest market for expelled plastics in 2015 and is anticipated to proceed with its strength in the coming years. This locale is seeing critical interest for expelled plastics from different end-use ventures, for example, building & construction, packaging, and consumer goods. Nonstop ascent in industrial exercises, for example, infrastructure and manufacturing, and financial development are filling the development of the extruded plastics market in the locale.
Competitive Insights:
The major players in the market are ExxonMobil Chemical Company, Sigma Plastics Group, Saint-Gobain, Berry Global, Bemis Company, Dow Chemical Company, E. I. du Pont de Nemours and Company, SABIC, JM Eagle and Chevron Phillips Chemical. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Type Outlook and Trend Analysis
On the basis of type, the low density polyethylene fragment commanded the extruded plastics market in 2015. This development can be credited to the rising interest for flexible plastics packaging in food & beverage products, as it is a food grade material. Low density polyethylene is among the most flexible packaging materials that can be figured for different bundling applications, for example, wraps, bags, and pouches. This thermoplastic polymer has low rigidity with good chemical resistance from alcohols, acids, and bases, among others. Inferable from its chemical characteristics, reusability, and recyclability, this thermoplastic polymer is consistently supplanting conventional plastic bundling parts, particularly in flexible packaging products, for example, bags and food containers.
End User Outlook and Trend Analysis
On the basis of end user, the packaging segment commanded the extruded plastics market in 2015. This development can be credited to the rising interest for packaging products from the Asia-Pacific district, alongside the worldwide interest for bundling from the e-commerce industry, particularly amid transit of items. Extruded plastics in packaging are useful in containers, wraps, clamshells, and bottles, among others.
The Extruded Plastics Market is segmented as follows-
Extruded Plastics, By Type, Estimates and Forecast, 2014-2023 ($Million)
Low Density Polyethylene
Polypropylene
Polyvinyl Chloride
High Density Polyethylene
Polystyrene
Other Types
Extruded Plastics, By End User, Estimates and Forecast, 2014-2023 ($Million)
Packaging
Building & Construction
Automotive
Consumer Goods
Electrical & Electronics
Other End Users
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What makes our report unique?
1) An extensive research study on the Global Extruded Plastics market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Extruded Plastics market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Major TOC of Extruded Plastics Market:
Part 1. Introduction
Part 2. Executive Summary
Part 3. Market Overview
Part 4. Market Analysis by Regions
Part 5. Extruded Plastics Market, By Application
Part 6. Extruded Plastics Market, By Services
Part 7. Extruded Plastics Market, By Product
Part 8. Extruded Plastics Market, By Region
Part 9. Company Profiles
Part 10. Global Extruded Plastics Market Competition, by Manufacturer
Part 11. Extruded Plastics Market Forecast (2018-2023)
Part 2. Executive Summary
Part 3. Market Overview
Part 4. Market Analysis by Regions
Part 5. Extruded Plastics Market, By Application
Part 6. Extruded Plastics Market, By Services
Part 7. Extruded Plastics Market, By Product
Part 8. Extruded Plastics Market, By Region
Part 9. Company Profiles
Part 10. Global Extruded Plastics Market Competition, by Manufacturer
Part 11. Extruded Plastics Market Forecast (2018-2023)
…CONTINUED FOR TOC
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