Global extrusion sheet market is projected to grow at a steady rate during the next five years. The global extrusion sheet market is driven by the increasing demand from various end use sectors such as packaging industry, construction industry, automotive industry, among others. The global extrusion sheet market is segmented based on type, structure, material, thickness, application, company and region. Based on type, the market can be categorized into LDPE, HDPE, polypropylene, polystyrene, acrylate, polycarbonate, polyethylene and others. The polystyrene segment is expected to witness significant growth during the forecast period. This can be ascribed to its low-cost availability and increasing use in appliances, toys, consumer durables and many other such applications.
Regionally, the global extrusion sheet market has been segmented into Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America and Europe are expected to witness significant growth during the forecast years in the overall extrusion sheet market owing to the growing power & lighting and electronics & telecommunication segment in these regions.
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Major players operating in the global extrusion sheet market include Sabic Innovative Plastics, Danpal, Owens Corning, Serafin Group, Gallina USA, Keon, Mitsui Chemicals Othello, Inc. and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and forecast the market size of global extrusion sheet market.
- To classify and forecast global extrusion sheet market based on type, structure, material, thickness, application, company and regional distribution.
- To identify drivers and challenges for global extrusion sheet market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global extrusion sheet market.
- To conduct pricing analysis for global extrusion sheet market.
- To identify and analyze the profile of leading players operating in global extrusion sheet market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global extrusion sheet market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
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Key Target Audience:
- Extrusion sheet manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to extrusion sheet
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
The global extrusion sheet market is segmented based on type, structure, material, thickness, application, company and region. Based on type, the market can be categorized into LDPE, HDPE, polypropylene, polystyrene, acrylate, polycarbonate, polyethylene and others. The LDPE type segment is expected to dominate the market on account of the widespread use of LDPE in packaging and non-packaging applications. Based on structure, the market can be categorized into solid & textured, multiwall, corrugated, hollow and others. The multiwall structure segment is expected to hold a significant market share during the forecast period. This can be accredited to the excellent thermal insulation and impact strength of the multiwall structure. Additionally, multiwall extrusion sheets have UV protection on the side facing the exterior which provides good aging resistance. Based on thickness, the market can be grouped into Up to 1mm, 1-3 mm, 3-5 mm, 5-10 mm, above 10mm. the 1-3mm segment is expected to dominate the market owing to their widespread use in packaging applications. Based on application, the market can be segmented into building & construction, signages, automotive, defence & aerospace, electrical & electronics, medical, packaging and others. The packaging segment dominates the extrusion sheet market during the forecast period. This can be ascribed to the increased demand of packaged food and rise in preference of people for ready-to-eat food across the globe.
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