The Argentina extruded plastic Market is projected to grow at a market size of US$7.604 billion by 2024. Since the plastic industry is in recovery stage from 2017, the demand for processed plastic is steadily gaining grounds. The rise in e-commerce sector is significantly boosting the packaging sector in the country which is augmenting the demand for plastic films such as PE films. As a result, The Dow chemical is into expansion of its polyethylene production capacity by investing in Argentin Read more...
The extruded plastic market for electrical and electronics industry is projected to grow at a CAGR of 4.34% over the forecast period. Plastic extrusions are widely used in telecommunication and wire management industries due to their ease of use, flame retardation, anti-static, and corrosion resistance. Extruded cables are widely used in networking systems. Burgeoning adoption of optical fiber and growing networking system across the globe is supporting the extruded plastic market growth. Thu Read more...
The extruded plastic market for construction industry is projected to grow at a CAGR of 4.42% to reach US$50.447 billion by 2024. Plastic extrusion is a high-volume manufacturing process in which raw plastic is melted and formed into a continuous profile such as pipe/tubing, deck railing, window frames, plastic sheets and films and etc. Extrusions of PVC, ABS (acrylonitrile butadiene styrene), polypropylene and etc. are generally used in pipe fittings and many more construction applications. Read more...
The extruded plastic market for packaging industry is projected to grow at a CAGR of 4.73% during the forecast period. Packaging is the major end-user of the extruded plastics and holds a major share in the market. Extruded plastic products such as plastic films are widely used in packaging industry owing to increasing pressure to satisfy varied demands such as low cost, improved performance, and enhanced environment attributes. Growing penetration of plastic films in applications such as pha Read more...
The extruded plastic market for automotive industry is projected to grow up to market size of US$17.835 billion by 2024 at a CAGR of 4.89%. Plastic extrusions are widely used in the automotive industry as they allow for flexibility in design and are an economical way to create specialty parts for a wide range of vehicles. They are used to provide weather protection, and are used to protect complex wiring harnesses that are deployed in today’s advanced vehicle designs. Thus, auto manufacturers Read more...
The polyethylene extrusion market is estimated to grow at a CAGR of 2.58% during the period 2018-2024. Polyethylene (PE) is the most common used plastic material and is extruded into a variety of forms that includes pipes, films and sheet, and profiles. Continued use of PE extrusions in packaging, bottles, and food containers is driving the PE extrusion market growth. However, ban on single-use plastic in many countries is restraining the demand for PE based bags, and straws which is significa Read more...
The Polypropylene (PP) extrusion market is projected to grow at a CAGR of 6.10% to reach US$51.448 billion in 2024 from US$ billion in 2018. Polypropylene (PP) extrusions such as films and sheets are increasingly gaining grounds in packaging industry owing to burgeoning trend towards clear packaging that is functional, durable, and resealable. The surge in demand is mainly due to the features such as light weight, cost effectiveness, versatile temperature range, high heat resistance, and high Read more...
The global Polyvinyl (PVC) Extrusion market is expected to grow at a decent CAGR of 2.12% throughout the forecast period to reach US$5.895 billion in 2024 from US$5.198 billion in 2018. The rapid increase in the demand of the PVC for both indoor and outdoor use is the major factor that will drive the market for the Polyvinyl (PVC) Extrusion during the given time frame. Extrusion is a continuous process of converting a solid plastic mass, pellet or powder into a melted from where it is pushed Read more...
The global polypropylene resin market is projected to grow at a CAGR of 6.04% to reach US$109.055 billion in 2024 from US$76.694 billion in 2018. Polypropylene is a hugely versatile plastic due to its low cost, durability and excellent tolerance of both chemical substances and high temperature. The growth in polypropylene consumption is mainly driv Read more...
The global PET resin market was valued at US$30.295 billion in 2018 and 22.521 million tonnes by volume. PET (Polyethylene Terephthalate) is a clear, strong, lightweight plastic that is widely used for packaging food and beverages. It is most commonly used to package bottled water and carbonated drinks. The demand for PET resin is majorly driven by Read more...
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