Extruded Plastics Market Overview, Manufacturing Cost Structure Analysis, Growth Opportunities By 2026

Plastics are the most widely used materials in the world. Rapid development in the plastic industry have made plastics capable of withstanding high pressure, and temperature situations, which makes it a material of choice for a variety of industrial applications. Extrusion is a technology used for converting plastic materials 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, high-density polyethylene, low-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.

 Top Manufacturers in Extruded Plastics Market are:

 Aep Industries Inc., Arkema S.A., Bemis Company, Inc. , Berry Plastics Corporation, Chevron Phillips Chemical Company Llc., E. I. Du Pont De Nemours And Company, Engineered Profiles LLC, Exxonmobil Chemical Company, Formosa Plastics Corporation, Jm Eagle, Sabic (Saudi Arabia Basic Industries Corporation), Sealed Air Corporation, Sigma Plastics Group, The Dow Chemical Company.

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Global Extruded Plastics Market is accounted for $194.15 billion in 2017 and is expected to reach $325.23 million by 2026 growing at a CAGR of 5.9% during the forecast period. Growth in end-use industries, increase in usage of plastics in agriculture are some of the factors fuelling the market growth. However, the production, use and disposal of extruded plastics, particularly PVC, Increasing government regulations and norms regarding use and disposal of plastics, in interest of protecting environment are restricting the market growth.

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