The Global Extruded Plastics Market size is expected to reach $252.9 billion by 2031, rising at a market growth of 4.2% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,32,285.0 kilo tonnes, experiencing a growth of 17.4% (2020-2023).
With the rise in urbanization and industrialization globally, electricity is continuously being demanded. Thus, the cables and wires segment captured 10.1% revenue share in the market2023. In terms of volume the cable and wires segment attained a volume of 11,334.1 kilo tonnes in the market 2022.This drives the need for cables and wires for power transmission and distribution networks. Infrastructure development projects, such as constructing smart cities and upgrading electrical grids, require extensive deployment of cables and wires.
Extruded plastics present various packaging options catering to different industries' unique requirements. Whether it's flexible films for food packaging, rigid containers for pharmaceutical products, or protective packaging for consumer goods, it offers versatility in design and functionality.
Additionally, as per the data from the Government of Mexico, construction generated a gross domestic product of $1.61T MX in the fourth quarter of 2023, representing a growth of 1.21% in comparison to the preceding quarter and a substantial increase of 20.2% when compared to the corresponding period in the prior year.
However, the prices of raw materials utilized in plastic extrusion, particularly petroleum-based derivatives, are intricately linked to broader global economic conditions. Geopolitical tensions, such as trade disputes or geopolitical conflicts in oil-producing regions, can disrupt supply chains and trigger sudden spikes in raw material costs. Therefore, these factors will hamper the growth of the market.
By Material Analysis
Based on material, the market is segmented into polyethylene, polypropylene, polyvinyl chloride, polystyrene, polycarbonate, and others. The polyethylene segment held the 37.7% revenue share in the market in 2023. Polyethylene is one of the world's most versatile and commonly used thermoplastics.
By Application Analysis
On the basis of application, the market is divided into profiles, pipes & tubes, sheets & films, cables & wires, filaments, and others. In 2023, the pipes and tubes segment witnessed 21% revenue share in the market. Compared to conventional materials like metal or concrete, plastic pipes and tubes offer numerous benefits.
By End Use Analysis
Based on end-use, the market is divided into packaging, construction, automotive, electronics, consumer goods, and others. The automotive segment procured 17.4% growth rate in the market in 2023. In terms of volume the automotive segment attained a volume of 18,929.5 kilo tonnes in the market 2021. In light of the automotive industry's growing preoccupation with fuel efficiency and regulatory compliance.
By Regional Analysis
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment procured 22.6% revenue share in the market in 2023. The automotive industry in North America has been focusing on lightweight materials to enhance fuel efficiency and reduce emissions.
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
Global Extruded Plastics Market Report Segmentation
By Material (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
- Polycarbonate
- Others
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Profiles
- Pipes & Tubes
- Sheets & Films
- Cables & Wires
- Filaments
- Others
By End-use (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Packaging
- Construction
- Automotive
- Electronics
- Consumer Goods
- Others
By Geography (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Extruded Plastics Market, by Material
- 1.4.2Global Extruded Plastics Market, by Application
- 1.4.3Global Extruded Plastics Market, by End-use
- 1.4.4Global Extruded Plastics Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.Strategies Deployed in Extruded Plastics Market
Chapter 5.Global Extruded Plastics Market by Material
- 5.1Global Polyethylene Market by Region
- 5.2Global Polypropylene Market by Region
- 5.3Global Polyvinyl Chloride Market by Region
- 5.4Global Polystyrene Market by Region
- 5.5Global Polycarbonate Market by Region
- 5.6Global Others Market by Region
Chapter 6.Global Extruded Plastics Market by Application
- 6.1Global Profiles Market by Region
- 6.2Global Pipes & Tubes Market by Region
- 6.3Global Sheets & Films Market by Region
- 6.4Global Cables & Wires Market by Region
- 6.5Global Filaments Market by Region
- 6.6Global Others Market by Region
Chapter 7.Global Extruded Plastics Market by End-use
- 7.1Global Packaging Market by Region
- 7.2Global Construction Market by Region
- 7.3Global Automotive Market by Region
- 7.4Global Electronics Market by Region
- 7.5Global Consumer Goods Market by Region
- 7.6Global Others Market by Region
Chapter 8.Global Extruded Plastics Market by Region
- 8.1North America Extruded Plastics Market
- 8.1.1North America Extruded Plastics Market by Material
- 8.1.1.1North America Polyethylene Market by Country
- 8.1.1.2North America Polypropylene Market by Country
- 8.1.1.3North America Polyvinyl Chloride Market by Country
- 8.1.1.4North America Polystyrene Market by Country
- 8.1.1.5North America Polycarbonate Market by Country
- 8.1.1.6North America Others Market by Country
- 8.1.2North America Extruded Plastics Market by Application
- 8.1.2.1North America Profiles Market by Country
- 8.1.2.2North America Pipes & Tubes Market by Country
- 8.1.2.3North America Sheets & Films Market by Country
- 8.1.2.4North America Cables & Wires Market by Country
- 8.1.2.5North America Filaments Market by Country
- 8.1.2.6North America Others Market by Country
- 8.1.3North America Extruded Plastics Market by End-use
- 8.1.3.1North America Packaging Market by Country
- 8.1.3.2North America Construction Market by Country
- 8.1.3.3North America Automotive Market by Country
- 8.1.3.4North America Electronics Market by Country
- 8.1.3.5North America Consumer Goods Market by Country
- 8.1.3.6North America Others Market by Country
- 8.1.4North America Extruded Plastics Market by Country
- 8.1.4.1US Extruded Plastics Market
- 8.1.4.1.1US Extruded Plastics Market by Material
- 8.1.4.1.2US Extruded Plastics Market by Application
- 8.1.4.1.3US Extruded Plastics Market by End-use
- 8.1.4.2Canada Extruded Plastics Market
- 8.1.4.2.1Canada Extruded Plastics Market by Material
- 8.1.4.2.2Canada Extruded Plastics Market by Application
- 8.1.4.2.3Canada Extruded Plastics Market by End-use
- 8.1.4.3Mexico Extruded Plastics Market
- 8.1.4.3.1Mexico Extruded Plastics Market by Material
- 8.1.4.3.2Mexico Extruded Plastics Market by Application
- 8.1.4.3.3Mexico Extruded Plastics Market by End-use
- 8.1.4.4Rest of North America Extruded Plastics Market
- 8.1.4.4.1Rest of North America Extruded Plastics Market by Material
- 8.1.4.4.2Rest of North America Extruded Plastics Market by Application
- 8.1.4.4.3Rest of North America Extruded Plastics Market by End-use
- 8.2Europe Extruded Plastics Market
- 8.2.1Europe Extruded Plastics Market by Material
- 8.2.1.1Europe Polyethylene Market by Country
- 8.2.1.2Europe Polypropylene Market by Country
- 8.2.1.3Europe Polyvinyl Chloride Market by Country
- 8.2.1.4Europe Polystyrene Market by Country
- 8.2.1.5Europe Polycarbonate Market by Country
- 8.2.1.6Europe Others Market by Country
- 8.2.2Europe Extruded Plastics Market by Application
- 8.2.2.1Europe Profiles Market by Country
- 8.2.2.2Europe Pipes & Tubes Market by Country
- 8.2.2.3Europe Sheets & Films Market by Country
- 8.2.2.4Europe Cables & Wires Market by Country
- 8.2.2.5Europe Filaments Market by Country
- 8.2.2.6Europe Others Market by Country
- 8.2.3Europe Extruded Plastics Market by End-use
- 8.2.3.1Europe Packaging Market by Country
- 8.2.3.2Europe Construction Market by Country
- 8.2.3.3Europe Automotive Market by Country
- 8.2.3.4Europe Electronics Market by Country
- 8.2.3.5Europe Consumer Goods Market by Country
- 8.2.3.6Europe Others Market by Country
- 8.2.4Europe Extruded Plastics Market by Country
- 8.2.4.1Germany Extruded Plastics Market
- 8.2.4.1.1Germany Extruded Plastics Market by Material
- 8.2.4.1.2Germany Extruded Plastics Market by Application
- 8.2.4.1.3Germany Extruded Plastics Market by End-use
- 8.2.4.2UK Extruded Plastics Market
- 8.2.4.2.1UK Extruded Plastics Market by Material
- 8.2.4.2.2UK Extruded Plastics Market by Application
- 8.2.4.2.3UK Extruded Plastics Market by End-use
- 8.2.4.3France Extruded Plastics Market
- 8.2.4.3.1France Extruded Plastics Market by Material
- 8.2.4.3.2France Extruded Plastics Market by Application
- 8.2.4.3.3France Extruded Plastics Market by End-use
- 8.2.4.4Russia Extruded Plastics Market
- 8.2.4.4.1Russia Extruded Plastics Market by Material
- 8.2.4.4.2Russia Extruded Plastics Market by Application
- 8.2.4.4.3Russia Extruded Plastics Market by End-use
- 8.2.4.5Spain Extruded Plastics Market
- 8.2.4.5.1Spain Extruded Plastics Market by Material
- 8.2.4.5.2Spain Extruded Plastics Market by Application
- 8.2.4.5.3Spain Extruded Plastics Market by End-use
- 8.2.4.6Italy Extruded Plastics Market
- 8.2.4.6.1Italy Extruded Plastics Market by Material
- 8.2.4.6.2Italy Extruded Plastics Market by Application
- 8.2.4.6.3Italy Extruded Plastics Market by End-use
- 8.2.4.7Rest of Europe Extruded Plastics Market
- 8.2.4.7.1Rest of Europe Extruded Plastics Market by Material
- 8.2.4.7.2Rest of Europe Extruded Plastics Market by Application
- 8.2.4.7.3Rest of Europe Extruded Plastics Market by End-use
- 8.3Asia Pacific Extruded Plastics Market
- 8.3.1Asia Pacific Extruded Plastics Market by Material
- 8.3.1.1Asia Pacific Polyethylene Market by Country
- 8.3.1.2Asia Pacific Polypropylene Market by Country
- 8.3.1.3Asia Pacific Polyvinyl Chloride Market by Country
- 8.3.1.4Asia Pacific Polystyrene Market by Country
- 8.3.1.5Asia Pacific Polycarbonate Market by Country
- 8.3.1.6Asia Pacific Others Market by Country
- 8.3.2Asia Pacific Extruded Plastics Market by Application
- 8.3.2.1Asia Pacific Profiles Market by Country
- 8.3.2.2Asia Pacific Pipes & Tubes Market by Country
- 8.3.2.3Asia Pacific Sheets & Films Market by Country
- 8.3.2.4Asia Pacific Cables & Wires Market by Country
- 8.3.2.5Asia Pacific Filaments Market by Country
- 8.3.2.6Asia Pacific Others Market by Country
- 8.3.3Asia Pacific Extruded Plastics Market by End-use
- 8.3.3.1Asia Pacific Packaging Market by Country
- 8.3.3.2Asia Pacific Construction Market by Country
- 8.3.3.3Asia Pacific Automotive Market by Country
- 8.3.3.4Asia Pacific Electronics Market by Country
- 8.3.3.5Asia Pacific Consumer Goods Market by Country
- 8.3.3.6Asia Pacific Others Market by Country
- 8.3.4Asia Pacific Extruded Plastics Market by Country
- 8.3.4.1China Extruded Plastics Market
- 8.3.4.1.1China Extruded Plastics Market by Material
- 8.3.4.1.2China Extruded Plastics Market by Application
- 8.3.4.1.3China Extruded Plastics Market by End-use
- 8.3.4.2Japan Extruded Plastics Market
- 8.3.4.2.1Japan Extruded Plastics Market by Material
- 8.3.4.2.2Japan Extruded Plastics Market by Application
- 8.3.4.2.3Japan Extruded Plastics Market by End-use
- 8.3.4.3India Extruded Plastics Market
- 8.3.4.3.1India Extruded Plastics Market by Material
- 8.3.4.3.2India Extruded Plastics Market by Application
- 8.3.4.3.3India Extruded Plastics Market by End-use
- 8.3.4.4South Korea Extruded Plastics Market
- 8.3.4.4.1South Korea Extruded Plastics Market by Material
- 8.3.4.4.2South Korea Extruded Plastics Market by Application
- 8.3.4.4.3South Korea Extruded Plastics Market by End-use
- 8.3.4.5Australia Extruded Plastics Market
- 8.3.4.5.1Australia Extruded Plastics Market by Material
- 8.3.4.5.2Australia Extruded Plastics Market by Application
- 8.3.4.5.3Australia Extruded Plastics Market by End-use
- 8.3.4.6Malaysia Extruded Plastics Market
- 8.3.4.6.1Malaysia Extruded Plastics Market by Material
- 8.3.4.6.2Malaysia Extruded Plastics Market by Application
- 8.3.4.6.3Malaysia Extruded Plastics Market by End-use
- 8.3.4.7Rest of Asia Pacific Extruded Plastics Market
- 8.3.4.7.1Rest of Asia Pacific Extruded Plastics Market by Material
- 8.3.4.7.2Rest of Asia Pacific Extruded Plastics Market by Application
- 8.3.4.7.3Rest of Asia Pacific Extruded Plastics Market by End-use
- 8.4LAMEA Extruded Plastics Market
- 8.4.1LAMEA Extruded Plastics Market by Material
- 8.4.1.1LAMEA Polyethylene Market by Country
- 8.4.1.2LAMEA Polypropylene Market by Country
- 8.4.1.3LAMEA Polyvinyl Chloride Market by Country
- 8.4.1.4LAMEA Polystyrene Market by Country
- 8.4.1.5LAMEA Polycarbonate Market by Country
- 8.4.1.6LAMEA Others Market by Country
- 8.4.2LAMEA Extruded Plastics Market by Application
- 8.4.2.1LAMEA Profiles Market by Country
- 8.4.2.2LAMEA Pipes & Tubes Market by Country
- 8.4.2.3LAMEA Sheets & Films Market by Country
- 8.4.2.4LAMEA Cables & Wires Market by Country
- 8.4.2.5LAMEA Filaments Market by Country
- 8.4.2.6LAMEA Others Market by Country
- 8.4.3LAMEA Extruded Plastics Market by End-use
- 8.4.3.1LAMEA Packaging Market by Country
- 8.4.3.2LAMEA Construction Market by Country
- 8.4.3.3LAMEA Automotive Market by Country
- 8.4.3.4LAMEA Electronics Market by Country
- 8.4.3.5LAMEA Consumer Goods Market by Country
- 8.4.3.6LAMEA Others Market by Country
- 8.4.4LAMEA Extruded Plastics Market by Country
- 8.4.4.1Brazil Extruded Plastics Market
- 8.4.4.1.1Brazil Extruded Plastics Market by Material
- 8.4.4.1.2Brazil Extruded Plastics Market by Application
- 8.4.4.1.3Brazil Extruded Plastics Market by End-use
- 8.4.4.2Argentina Extruded Plastics Market
- 8.4.4.2.1Argentina Extruded Plastics Market by Material
- 8.4.4.2.2Argentina Extruded Plastics Market by Application
- 8.4.4.2.3Argentina Extruded Plastics Market by End-use
- 8.4.4.3UAE Extruded Plastics Market
- 8.4.4.3.1UAE Extruded Plastics Market by Material
- 8.4.4.3.2UAE Extruded Plastics Market by Application
- 8.4.4.3.3UAE Extruded Plastics Market by End-use
- 8.4.4.4Saudi Arabia Extruded Plastics Market
- 8.4.4.4.1Saudi Arabia Extruded Plastics Market by Material
- 8.4.4.4.2Saudi Arabia Extruded Plastics Market by Application
- 8.4.4.4.3Saudi Arabia Extruded Plastics Market by End-use
- 8.4.4.5South Africa Extruded Plastics Market
- 8.4.4.5.1South Africa Extruded Plastics Market by Material
- 8.4.4.5.2South Africa Extruded Plastics Market by Application
- 8.4.4.5.3South Africa Extruded Plastics Market by End-use
- 8.4.4.6Nigeria Extruded Plastics Market
- 8.4.4.6.1Nigeria Extruded Plastics Market by Material
- 8.4.4.6.2Nigeria Extruded Plastics Market by Application
- 8.4.4.6.3Nigeria Extruded Plastics Market by End-use
- 8.4.4.7Rest of LAMEA Extruded Plastics Market
- 8.4.4.7.1Rest of LAMEA Extruded Plastics Market by Material
- 8.4.4.7.2Rest of LAMEA Extruded Plastics Market by Application
- 8.4.4.7.3Rest of LAMEA Extruded Plastics Market by End-use
Chapter 9.Company Profiles
- 9.1LyondellBasell Industries Holdings B.V.
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expenses
- 9.1.5Recent strategies and developments:
- 9.1.5.1Partnerships, Collaborations, and Agreements:
- 9.1.5.2Acquisition and Mergers:
- 9.1.5.3Geographical Expansions:
- 9.1.6SWOT Analysis
- 9.2Berry Global Group, Inc.
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Research & Development Expenses
- 9.2.5Recent strategies and developments:
- 9.2.5.1Partnerships, Collaborations, and Agreements:
- 9.2.5.2Geographical Expansions:
- 9.2.6SWOT Analysis
- 9.3Amcor Plc.
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expenses
- 9.3.5Recent strategies and developments:
- 9.3.5.1Partnerships, Collaborations, and Agreements:
- 9.3.6SWOT Analysis
- 9.4Sealed Air Corporation
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4SWOT Analysis
- 9.5Formosa Plastics Group
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3SWOT Analysis
- 9.6SABIC (Saudi Arabian Oil Company)
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4SWOT Analysis
- 9.7Saint-Gobain Group
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expenses
- 9.7.5SWOT Analysis
- 9.8Arkema S.A.
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4SWOT Analysis
- 9.9The Dow Chemical Company
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expenses
- 9.9.5SWOT Analysis
- 9.10.Sigma Plastics Group
- 9.10.1Company Overview
- 9.10.2SWOT Analysis
Chapter 10.Winning Imperatives of Extruded Plastics Market