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Extrusion Molding Plastics Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Material (High-Density Polyethylene, Low-Density Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, and Others), By End User (Packaging, Consumer Goods, Electrical and Electronics, Automotive, and Building & Construction), By Region
Market Report I 2023-03-01 I 116 Pages I TechSci Research
Global Extrusion Molding Plastics Market is projected to grow at an impressive rate through 2028. Extruded plastics are produced by melting the selected material in a heating process. This procedure takes place inside a lengthy chamber known as the extruder. A rotating screw forces the material forward through a small aperture as it melts. The desired product is formed after the material takes the shape of a die.
High-Density Polyethylene, Low-Density Polyethylene, Polypropylene, Nylon, Polystyrene, Polycarbonate, Acetal, Acrylic, and Acrylonitrile Butadiene Styrene are the plastic polymers utilized in the extrusion process. These are merely the main types of plastic that are extruded. In addition, numerous other plastic materials, including recycled plastics, can be extruded.
Products made via extrusion include wire insulation, fences, deck railings, window frames, pipe and tubing, weatherstripping, and plastic films and sheets. Extrusion has the tremendous benefit of allowing for the creation of profiles like pipes of any length. If the material is flexible enough, lengthy pipes can be created by coiling them on a reel. The extrusion of pipes with integrated couplers that include rubber seals has additional benefits.
Substitute for Metal
Polymeric materials can be used in place of glass, steel, and aluminum. Both amorphous and semi-crystalline polymers are included in them. These plastics are extensively used in automotive, transportation, appliance, electronics, communications, and aerospace applications due to their excellent strength, stiffness, impact resistance, temperature resistance, and fire resistance. Despite being made in far smaller quantities than generic plastics, these materials are much more expensive. Polycarbonate, polyethylene terephthalate, polybutylene terephthalate, polyoxymethylene, polyimide, polymethyl methacrylate, and acrylonitrile-butadiene-styrene are examples of materials that are regarded as engineering thermoplastics. The weight of the vehicles can be reduced by 80% with the help of plastic, whereas in reducing weight, the volume will remain the same.
High Demand for Packaging Material
The packaging of goods plays a crucial role in consumer demand. It is also anticipated that more creative packaging options will be introduced in the upcoming years, such as active packaging, modified atmosphere packaging, edible packaging, and bioplastic packaging. However, the sector's future is expected to be threatened by growing sustainability awareness and a strict prohibition on single-use plastic to reduce plastic pollution. Due to the supply chain disruption caused by the COVID-19 pandemic, the packaging sector was significantly impacted. The shutdown hit worldwide plastic packaging makers in China, one of the significant plastic producers with more than 30% of the global market share.
Growing Demand for Recycled Material
Recycled polymer demand is rising due to regulations, CPG commitments, and greater consumer awareness. These plastics can be made either by mechanical recycling or through sophisticated recycling. Plastic trash is cleaned, chopped, and pelletized in mechanical recycling. However, there is a chemical shift in advanced recycling and a longer journey from plastic waste to ready-to-use plastic. Recycled plastics are gaining popularity; by 2025, more than 80 global CPG, packaging, and retail firms will be publicly committed to using 15 to 50% recycled material in their packaging.
Market Segmentation
Global Extrusion Molding Plastics Market is segmented based on material, end user, region, and competitive landscape. Based on material, the market is segmented into high-density polyethylene, low-density polyethylene, polypropylene, polyvinyl chloride, polystyrene, and others. Based on end user, the market is segmented into packaging, consumer goods, electrical and electronics, automotive, and building & construction.
Market players
ExxonMobil Corporation, The Dow Chemical Company, Kaneka Corporation, SABIC, Atlantis Plastic Company, Chevron Corporation, DuPont de Nemours, Inc, China Plastic Extrusion Ltd., JM Eagle, Inc., and Keller Plastics are the key players operating in the Global Extrusion Molding Plastics Market.
Report Scope:
In this report, Global Extrusion Molding Plastics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Extrusion Molding Plastics Market, By Material:
o High-Density Polyethylene
o Low-Density Polyethylene
o Polypropylene
o Polyvinyl Chloride
o Polystyrene
o Others
- Extrusion Molding Plastics Market, By End User:
o Packaging
o Consumer Goods
o Electrical and Electronics
o Automotive
o Building & Construction
- Global Extrusion Molding Plastics Market, By Region:
o North America
- United States
- Canada
- Mexico
o Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
o Asia-Pacific
- China
- India
- Japan
- Taiwan
- South Korea
- Australia
o South America
- Brazil
o Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- Egypt
Competitive Landscape
Company Profiles: Detailed analysis of the major companies in Global Extrusion Molding Plastics Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
5. Global Extrusion Molding Plastics Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Material (High-Density Polyethylene, Low-Density Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, and Others)
5.2.2. By End User (Packaging, Consumer Goods, Electrical and Electronics, Automotive, and Building & Construction)
5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
5.2.4. By Company (2022)
5.3. Market Map
5.3.1. By Material
5.3.2. End User
5.3.3. By Region
6. North America Extrusion Molding Plastics Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Material
6.2.2. By End User
6.2.3. By Country
6.3. Pricing Analysis
6.4. North America: Country Analysis
6.4.1. United States Extrusion Molding Plastics Market Outlook
6.4.1.1. Market Size & Forecast
6.4.1.1.1. By Value & Volume
6.4.1.2. Market Share & Forecast
6.4.1.2.1. By Material
6.4.1.2.2. By End User
6.4.2. Mexico Extrusion Molding Plastics Market Outlook
6.4.2.1. Market Size & Forecast
6.4.2.1.1. By Value & Volume
6.4.2.2. Market Share & Forecast
6.4.2.2.1. By Material
6.4.2.2.2. By End User
6.4.3. Canada Extrusion Molding Plastics Market Outlook
6.4.3.1. Market Size & Forecast
6.4.3.1.1. By Value & Volume
6.4.3.2. Market Share & Forecast
6.4.3.2.1. By Material
6.4.3.2.2. By End User
7. Europe Extrusion Molding Plastics Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Material
7.2.2. By End User
7.2.3. By Country
7.3. Pricing Analysis
7.4. Europe: Country Analysis
7.4.1. France Extrusion Molding Plastics Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Material
7.4.1.2.2. By End User
7.4.2. Germany Extrusion Molding Plastics Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Material
7.4.2.2.2. By End User
7.4.3. United Kingdom Extrusion Molding Plastics Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value & Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Material
7.4.3.2.2. By End User
7.4.4. Italy Extrusion Molding Plastics Market Outlook
7.4.4.1. Market Size & Forecast
7.4.4.1.1. By Value & Volume
7.4.4.2. Market Share & Forecast
7.4.4.2.1. By Material
7.4.4.2.2. By End User
7.4.5. Spain Extrusion Molding Plastics Market Outlook
7.4.5.1. Market Size & Forecast
7.4.5.1.1. By Value & Volume
7.4.5.2. Market Share & Forecast
7.4.5.2.1. By Material
7.4.5.2.2. By End User
8. Asia-Pacific Extrusion Molding Plastics Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Material
8.2.2. By End User
8.3. By Country
8.4. Pricing Analysis
8.5. Asia-Pacific: Country Analysis
8.5.1. China Extrusion Molding Plastics Market Outlook
8.5.1.1. Market Size & Forecast
8.5.1.1.1. By Value & Volume
8.5.1.2. Market Share & Forecast
8.5.1.2.1. By Material
8.5.1.2.2. By End User
8.5.2. India Extrusion Molding Plastics Market Outlook
8.5.2.1. Market Size & Forecast
8.5.2.1.1. By Value & Volume
8.5.2.2. Market Share & Forecast
8.5.2.2.1. By Material
8.5.2.2.2. By End User
8.5.3. Japan Extrusion Molding Plastics Market Outlook
8.5.3.1. Market Size & Forecast
8.5.3.1.1. By Value & Volume
8.5.3.2. Market Share & Forecast
8.5.3.2.1. By Material
8.5.3.2.2. By End User
8.5.4. Taiwan Extrusion Molding Plastics Market Outlook
8.5.4.1. Market Size & Forecast
8.5.4.1.1. By Value & Volume
8.5.4.2. Market Share & Forecast
8.5.4.2.1. By Material
8.5.4.2.2. By End User
8.5.5. South Korea Extrusion Molding Plastics Market Outlook
8.5.5.1. Market Size & Forecast
8.5.5.1.1. By Value & Volume
8.5.5.2. Market Share & Forecast
8.5.5.2.1. By Material
8.5.5.2.2. By End User
8.5.6. Australia Extrusion Molding Plastics Market Outlook
8.5.6.1. Market Size & Forecast
8.5.6.1.1. By Value & Volume
8.5.6.2. Market Share & Forecast
8.5.6.2.1. By Material
8.5.6.2.2. By End User
9. South America Extrusion Molding Plastics Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Material
9.2.2. By End User
9.2.3. By Country
9.3. Pricing Analysis
9.4. South America: Country Analysis
9.4.1. Brazil Extrusion Molding Plastics Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Material
9.4.1.2.2. By End User
10. Middle East and Africa Extrusion Molding Plastics Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Material
10.2.2. By End User
10.2.3. By Country
10.3. Pricing Analysis
10.4. MEA: Country Analysis
10.4.1. South Africa Extrusion Molding Plastics Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value & Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Material
10.4.1.2.2. By End User
10.4.2. Saudi Arabia Extrusion Molding Plastics Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value & Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Material
10.4.2.2.2. By End User
10.4.3. UAE Extrusion Molding Plastics Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value & Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Material
10.4.3.2.2. By End User
10.4.4. Egypt Extrusion Molding Plastics Market Outlook
10.4.4.1. Market Size & Forecast
10.4.4.1.1. By Value & Volume
10.4.4.2. Market Share & Forecast
10.4.4.2.1. By Material
10.4.4.2.2. By End User
10.4.5. Turkey Extrusion Molding Plastics Market Outlook
10.4.5.1. Market Size & Forecast
10.4.5.1.1. By Value & Volume
10.4.5.2. Market Share & Forecast
10.4.5.2.1. By Material
10.4.5.2.2. By End User
11. Market Dynamics
11.1. Drivers
11.1.1. Substitute for Metal
11.1.2. High Demand for Packaging Material
11.1.3. Growing Demand for Recycled Material
11.2. Challenges
11.2.1. High Cost of Extrusion Molding Plastics Affecting Market Growth
11.2.2. Different Technical Challenges that Manufacturing Companies Face
12. Market Trends & Developments
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. Porters Five Forces Analysis
13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Products
14. Competitive Landscape
14.1. Business Overview
14.2. Company Snapshot
14.3. Products & Services
14.4. Financials (In case of listed companies)
14.5. Recent Developments
14.6. SWOT Analysis
14.6.1. ExxonMobil Corporation
14.6.2. The Dow Chemical Company
14.6.3. Kaneka Corporation
14.6.4. SABIC
14.6.5. Atlantis Plastic Company
14.6.6. Chevron Corporation
14.6.7. DuPont de Nemours, Inc
14.6.8. China Plastic Extrusion Ltd.
14.6.9. JM EAGLE, INC.
14.6.10. Keller Plastics
15. Strategic Recommendations
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