The United States extruded plastic Market was valued at US$35.833 billion in 2018 and is projected to expand at a CAGR of 3.20% over the forecast period to reach US$43.281 billion by 2024. Burgeoning investment in building and construction is leading to an augmented demand for plastic pipes in the country. As a result of which manufacturers are investing in expanding the PVC plastic so as to meet the infrastructural needs of the country. Further, rising demand for plastic packaging in healthcare, and packaging industry is augmenting the extruded plastic market growth. However, growing ban on various plastic products such as straws, bags, and etc. in many cities is inhibiting the growth of extruded plastic. Thus, the market is expected to grow at a steady pace over the forecast period.
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 United States 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 United States extruded plastic market.
Some of the key players include VEKA Inc., SFR Industries, PBS Plastics, Blackwell Plastics, Sigma Plastics Group, Crescent Plastics Incorporated, and Chevron Philips Chemical Company, and DS Smith.
Segmentation
The United States 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 United States extruded plastic market size from 2019 to 2024?
How the major drivers and restraints affecting the United States 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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