The Saudi Arabia extruded plastic Market is projected to grow at a CAGR of 4.60% during the period 2018-2024. The demand for plastic extrusion is on rise on account of kingdom’s growing focus on developing fiber network infrastructure and other infrastructure related activities. Positive growth of plastic packaging industry in the kingdom is driving the extruded plastic market growth. Thus, the market is poised to grow at a decent rate over the forecast period on account of burgeoning consumption of plastic extrusions by end-user industries such as construction, packaging, and electrical and electronics.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Saudi Arabia extruded plastic value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Saudi Arabia extruded plastic market.
Some of the key players include Eaton, Rowad, Arabian Plastic Industrial Company Limited, and Saudi Foam Trays Manufacturing Co.
Segmentation
The Saudi Arabia extruded plastic market has been analyzed through following segments:
By Type
Polypropylene (PP)
Polyethylene (PE)
LDPE
HDPE
Polyvinyl Chloride (PVC)
Others
By End-User Industry
Construction
Electrical and Electronics
Packaging
Automotive
Others
Target audience
Manufacturers
Suppliers
Distributors
Service Providers
Government Agencies
Research Organizations
Consultants
Key insights offered
What will be the Saudi Arabia extruded plastic market size from 2019 to 2024?
How the major drivers and restraints affecting the Saudi Arabia extruded plastic market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behavior
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
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