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 significantly impacting the PE extrusion market growth. Thus, the market is expected to grow at a steady pace over the forecast period on account of steady adoption of bio-based PE material in plastic processing. Geographically, developing regions like Asia Pacific and Middle East are anticipated to witness good growth on account of the growing demand for PE, which is positively impacting the PE extrusion market growth.
The Polyethylene Extrusion Market – Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by product type, application, and geography.
The polyethylene extrusion market has been segmented based on type, end-user industry,and geography. Based on type the market has been segmented into high-density polyethylene (HDPE), and low-density and linear low density polyethylene (LDPE/LLDPE). By end-user industry, the market has been classified into construction, packaging, healthcare, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific regions. The report also analyzes 14 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the polyethylene extrusion market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Polyethylene extrusion market.
Frequently Asked Questions (FAQs)
Q1. What are the growth prospects for polyethylene extrusion market?
A1. The polyethylene extrusion market is estimated to grow at a CAGR of 2.58% during the forecast period.
Q2. Who are the major players in the polyethylene extrusion market?
A2. Prominent key market players in the polyethylene extrusion market include Eaton, SFR Industries, PBS Plastics, Condale Plastics Ltd., Blackwell Plastics LP, Sigma Plastics Group, Crescent Plastics Incorporated, among others.
Q3. How is the global polyethylene extrusion market segmented?
A3. The polyethylene extrusion market has been segmented based on type, end-user industry, and geography.
Q4. What factors are anticipated to drive the polyethylene extrusion market growth?
A4. Continued use of PE extrusions in packaging, bottles, and food containers is driving the PE extrusion market growth.
Q5. Which region holds the largest market share in the polyethylene extrusion market?
A5. The Asia Pacific and Middle East are anticipated to witness good growth on account of the growing demand for PE, which is positively impacting the PE extrusion market growth.