A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Extruded
Plastics Market.
The study, titled “Extruded
Plastics Market - Global Industry Analysis, Size, Share, Trends,
Growth and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Extrusion
is a technology used for converting polymers to manufacture pipes,
films, tubes, sheets, and various other products for industrial
applications. In this process, a material is designed by forcibly
pushing it through a tool that eventually shapes it. Plastics of all
types such as low-density polyethylene, high-density polyethylene,
polypropylene, and polystyrene are appropriate for extrusion as they
are easily malleable. Low-density polyethylene exhibits exceptional
uniformity and consistency in its dimensions. Extruded plastic
products can be manufactured in infinite lengths and shapes.
Browse
Market Research Report @
Extruded
Plastics Market: Drivers & Restraints
Developments
in the packaging industry are predicted to be the primary driver of
the extruded plastics market. Any shift (positive or negative) in
this sector results in a significant rise or fall in this market.
Asia Pacific, especially India and China, holds a prominent
production capacity of petrochemical products and molded plastics
mostly employed in the rigid packaging of food & beverages,
cosmetics, consumer goods, industrial items, bottles, and containers.
However, the manufacture, use, and disposal of molded plastic
materials such as polyvinyl chloride (PVC) poses substantial and
unique environmental and human health hazards. This is anticipated to
hamper the advancement of the extruded plastics market. International
manufacturers are researching ways to lessen the weight and escalate
the strength and lives of car components, building materials, and
various other products. Plastics can replace almost any material,
thereby reducing the cost of raw material and production. Hence,
extruded plastic products are now discovering ways to penetrate
end-use industries such as building & construction and
transportation.
Extruded
Plastics Market: Segmentation
The
extruded plastics market can be segmented based on type into the
following categories:
- LDPE
- HDPE
- Polypropylene
- Polystyrene
- PVC
LDPE
was the dominant segment of the extruded plastics market in 2015,
accredited to the rising demand for it from the plastic packaging
industry.
Extruded
Plastics Market: Segmentation
The
extruded plastics market can be divided in terms of form into the
following groups:
- Films
- Pipes
- Sheets
- Tubes
- Wires & cables
- Others (Laminations)
The
market can be split by application into the following divisions:
- Packaging
- Building & construction
- Power & lighting
- Automotive
- Energy (Wind turbine & solar panels)
- Electrical & electronics (W&C, computers, and appliances)
- Medical (medical tubing)
- Others (Food & beverages, pharmaceuticals)
Extruded
plastics offer abundant benefits to the end-users over other
materials. For instance, in applications such as construction, the
extruded plastic doors and windows provide advantages over aluminium
and wood, as their frames do not degrade upon exposure to sun and
water or necessitate maintenance. They also possess higher insulation
properties and can be completely recycled.
For
more information on this report, fill the form @
Extruded
Plastics Market: Region-wise Outlook
The
global extruded plastics market can be roughly distributed on the
basis of geography over five key regions including North America,
Asia Pacific, Latin America, Europe, and Middle East & Africa.
Asia Pacific is anticipated to be an attractive region for the
extruded plastic market, which is attributed to the presence of
emerging markets in the region. Therefore, international players have
increased their focus on Asia Pacific. Markets for extruded plastics
in North America and Europe are mature and provide limited
opportunities in terms of untapped potential.
Extruded
Plastics Market: Key Market Players
Key
players identified in the extruded plastics market include:
- Sigma Plastics Group
- SABIC
- ExxonMobil Chemical Company
- Berry Plastics Corporation
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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Market Research
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