Global Plastics Extrusion
Market Report
2025
Plastics extrusion market is valued at USD 119.97 Billion in 2018 and is expected to reach USD 202.21 Billion by the end of 2030, growing at a CAGR of 6.72% between 2023 and 2030
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Plastics extrusion market is valued at USD 119.97 Billion in 2018 and is expected to reach USD 202.21 Billion by the end of 2030, growing at a CAGR of 6.72% between 2023 and 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Plastics Extrusion Market Sales Revenue 2030 | $ 202.21 Billion |
Global Plastics Extrusion Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.72% |
North America Plastics Extrusion Market Sales Revenue 2030 | $ 4769.83 Billion |
Europe Plastics Extrusion Market Sales Revenue 2030 | $ 52.68 Billion |
Market Split by Type |
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Market Split by Application |
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Market Split by End Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Plastics Extrusion Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The global plastics extrusion markets have experienced enormous growth and change in recent years, due to a combination of technical developments, rising demand from diverse end-use sectors, and a focus on sustainability. The plastics extrusion market in North America has grown rapidly due to the rising uses of extruded plastic products in a variety of industries. The United States, in particular, is a significant contributor to this expansion, due to an increasing industrial environment and an established manufacturing sector. For instance, manufacturing contributed $2.3 trillion to US GDP in 2021, accounting for 12.0% of total US GDP. (Source: National Institute of Standards and Technology). Plastic extrusion is in high demand in industries including construction, packaging, and automotive, where extruded plastic products are widely used in profiles, pipes, tubing, and other applications. Furthermore, the region has experienced an increasing emphasis on sustainable practices, which has resulted in the use of environmentally friendly materials and methods in the plastics extrusion industry. For instance, plastic extrusion companies of North America like, Northland plastics, Plastics extrusion technologies employ sustainable practices that help reduce waste of resources such as power, process materials, paper, and others. Plastic Extrusion Technologies achieved this by constructing certain of the extrusion plastic products using 100% recycled materials.
Additionally, the Europe plastics extrusion sector has shown adaptation to shifting market conditions. European countries have been in the forefront of promoting sustainable practices and influencing the plastics extrusion sector to employ recycled materials and energy-efficient methods. With a significant presence of manufacturing sectors and an emphasis on innovation, Germany, France, and the United Kingdom are important players in the European plastics extrusion industry. For instance, extrusion and extruding in Europe, blow molding is used to produce around 25 million tons of plastics each year.
Additionally, the growing construction industry is also driving the growth of plastic extrusion in Europe. For instance, the construction sector in Europe increased by 5.5% in 2020 and 2021 (Source: European commission) This rise would result in the increased demand for the market.
In the plastics extrusion sector, both North America and Europe have experienced an increasing shift toward customized solutions. Manufacturers are eventually investing in research and development to meet the specific needs of end customers, resulting in the creation of specialized and high-performance extruded plastic goods. This trend is particularly notable in the automobile and construction sectors, where reliability and customization are significant.
Lastly, the plastics extrusion markets indicate a dynamic environment defined by innovation, sustainability, and growing customer needs. Both areas continue to play important roles in determining the global plastics extrusion industry's future, with a focus on technical developments, customized solutions, and environmentally friendly practices.
In both North America and Europe, the growing automotive sector has emerged as a significant driver of the plastics extrusion business. As these regions' automotive sectors expand rapidly, the need for plastic extrusion components has increased significantly. Plastics extrusion, a manufacturing technique that includes molding raw plastic materials into a continuous shape, is widely used in the automotive sector to produce components such as pipes, hoses, weather stripping, and window seals.
The automotive industry in North America has been on a rise, driven by factors such as technical innovations, rising consumer demand for fuel-efficient vehicles, and a recovery in manufacturing activity. The adaptability, durability, and cost-effectiveness of plastics extrusion promote its use in the automobile industry.
The automotive sector in the United States will generate roughly 10.06 million motor vehicles in 2022. Passenger automobiles, light commercial vehicles, big trucks, and buses and coaches are all included in the data. This increase in the automotive sector in North America would also propel the demand for the plastic extrusion market due to its growing application.
Similarly, the automotive industry is the foundation of the Europe industrial landscape. To be competitive in the global market, European automakers are at the forefront of innovation, using modern materials and production processes. Plastics extrusion has become an essential component of this strategy, enabling for the manufacturing of complicated and precisely designed components that match the automobile industry's high standards of quality. For instance, the automotive sector employs 13.8 million
Europeans directly and indirectly, accounting for 6.1% of total EU employment. Direct production of motor vehicles employs 2.6 million people, accounting for 8.5% of manufacturing employment in the EU. This rise would result in more application of plastic extrusion in this sector resulting in greater demand for this market.
The plastics extrusion market in North America and Europe is expanding rapidly due to the increasing use of extruded plastics in a variety of sectors. This increase in demand can be attributed to extruded plastics' diverse qualities, which make them an effective option for a wide range of applications. Extrusion includes melting raw plastic material and molding it into a continuous profile, producing products with consistent cross-sections.
The rising use of extruded plastics in the construction sector is one of the primary drivers for the plastics extrusion market in these areas. For instance, in the first quarter of 2023, there were about 919000 construction establishments in the United States. Similarly, most European countries' construction sectors will account for 4% to 7% of their GDP in 2022. Extruded plastic goods, such as pipes, profiles, and sheets, are widely used in construction applications because they provide advantages such as durability, corrosion resistance, and ease of installation. The construction industry's dependence on these materials for applications such as window profiles, door frames, and plumbing systems is driving the plastics extrusion market further.
The growing production of lighting, cables, wires and HVAC has also resulted in the growing application of extruded plastics.
From 2018 to 2023, the HVAC sector in the United States increased with revenue growing from $90.3 billion in 2018 to $123.2 billion in 2023. The greater number of established companies would result in the increased production of HVAC industry, which will result in the growth of plastics extrusion market.
The plastics extrusion industry in North America and Europe is facing considerable challenges as a result of rising environmental concerns related with the increased usage of plastics. Because these regions have been at the forefront of industrial growth and technical improvement, there has been a significant increase in plastic use, resulting in an increase in manufacturing through methods such as plastics extrusion. Plastics extrusion involves the melting and forming of plastic materials into various shapes, commonly used in the production of items such as pipes, tubing, and profiles. For instance, annual emissions from plastic manufacture in the EU total over 13.4 million tonnes of CO2, accounting for approximately 20% of emissions from the European Union's chemical industry. (Source: European Environment Agency).
However, the environmental consequence of this extensive plastic use is causing growing concern. Plastics, despite their durability and adaptability, represent significant risks to ecosystems and human health when not properly handled. The prevalence of plastic waste in landfills and seas has raised concerns about its long-term environmental impact. Plastic litter, especially microplastics, has been linked to negative impacts on marine life, animals, and even human health through the food chain.
To address these problems, the regulatory environment is developing, with more stringent regulations on plastic manufacturing, usage, and disposal. Furthermore, as customers become more aware of the environmental effect of their purchasing choices, there is a greater demand for products created from recycled or biodegradable materials. As a result, players in the plastics extrusion industry must reconsider their manufacturing processes, engage in research & development for sustainable materials, and investigate new innovations that reduce the environmental imprint of plastic manufacturing.
Despite these challenges, the North America and Europe plastics extrusion industries have an opportunity to restructure themselves by adopting sustainable practices and responding to changing market dynamics. Companies who handle environmental problems proactively, invest in green technology, and engage with stakeholders to encourage responsible plastic usage may not only avoid negative consequences, but also position themselves as innovators in a more environmentally conscious market
The pandemic of COVID-19 has had a significant influence on the plastic extrusion sector in both North America and Europe. As a result of the pandemic, the plastic extrusion sector, which is critical in the production of diverse plastic items, faced a number of challenges and disruptions.
During the early stages of the pandemic, extensive lockdowns and restrictions severely affected manufacturing activities throughout North America and Europe. Many plastic extrusion plants were forced to close or operate at reduced capacity, resulting in a decrease in industrial output. This interruption in the supply chain spread across the market, impacting the availability of raw materials, skilled labor, and transportation services.
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Competitive Landscape includes company profiling of the key manufacturers listed below. It also provides the key developments such as new product launches, expansion, mergers & acquisitions, partnerships, agreements, joint ventures, business overview, key strategies and financial analysis associated with the key players. Strategy implemented to overcome the COVID-19 Impact will be discussed in the report scope. Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S.W.O.T Analysis, (To read more request the sample pages Or speak to analyst/author directly).
Top Companies Market Share in Plastics Extrusion Industry: (In no particular order of Rank)
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Region and country analysis section of Plastics Extrusion Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Plastics Extrusion market.
The current report Scope analyzes Plastics Extrusion Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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The plastic extrusion market in North America is experiencing robust growth and accounted for a significant share of 22.25% of the plastic extrusion market in the year 2023. This growth is attributed to a number of factors including the rise of lightweight and durable plastic products, expansion of construction activities, and increasing advancements in plastic extrusion technology. The versatility and widespread applicability of extruded plastic products across various industries in North America are driving the demand for plastic extrusion solutions. The booming construction sector in the region is majorly contributing to the growth of the market.
According to the data released by the U.S. Census Bureau, in September 2023, the United States saw a sharp 8.7% annual increase in construction spending. After increasing by 1.0% in August, private construction project spending increased by 0.4%. Spending on privately owned non-residential buildings, such as factories, increased by 0.1%. This boom in the construction sector in the region is accelerating the demand for plastic extrusion in the region. Plastic extruded products, such as pipes, profiles, and sheets, are widely used in construction activities as they offer cost-effective and durable alternatives to traditional construction materials. The lightweight nature of extruded plastics also contributes to easier transportation and installation, further fueling their adoption in construction projects.
Europe holds a significant share of 26.80% in the growth of the plastic extrusion market, and this significant share is attributed to several factors such as the region's strong industrial base, technological expertise, and evolving market dynamics. One of the key drivers is the well-established manufacturing ecosystem in Europe, particularly in countries like Germany, Italy, and France, which are known for their advanced machinery and equipment production. This industrial strength enables European plastic extrusion companies to maintain a competitive edge in terms of quality, efficiency, and innovation, thus contributing to the region's substantial share in the global market.
The construction industry in Europe also plays a crucial role in driving the growth of the plastic extrusion market. With a growing emphasis on energy efficiency, sustainability, and modern architectural designs, the demand for extruded plastic products such as profiles, pipes, and insulation materials has risen significantly. European construction practices often favor advanced materials, and extruded plastics offer a versatile and durable solution, contributing to the region's dominance in the market.
Global Plastics Extrusion Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Plastics Extrusion Industry growth. Plastics Extrusion market has been segmented with the help of its Type, Application End Use, and others. Plastics Extrusion market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In 2018, the Polyethylene Plastics Extrusion revenue (USD Billion) was USD 45.50 Billion and it expected to reach at USD 68.51 Billion in 2030
Based on the type, the polyethylene segment accounted for a major market share of 36.60% in 2022 and is expected to grow at the highest CAGR of 5.68% during the forecast period. Polyethylene is the commonly used plastic material which is generally available in a wide range of forms in high (extruded HDPE), medium (extruded MDPE), and low density (extruded LDPE) grades. Polyethylene is most regularly extruded into a different variety of tubes. Moulded applications of polyethylene include bottles, packaging, and containers. The extruded polyethylene is low cost and versatile, these two properties have made it increasingly popular polymer used in a substantial amount. Polyethylene extrusions are translucent, tough, and have good chemical resistance with a low coefficient of friction. This extruded polyethylene can be irradiated. Extruded polyethylene has a wide range of uses and is most commonly used in the healthcare industry in needle sheaths, sampling tubes, and medical tubing. The ability of this extruded polyethylene extrusion to be produced in small diameters helps in these respects and is most commonly used to transport other liquids and water. Polyethylene extrusions also have large scale applications, which include film cores, tubes for packaging sleeves & product handling, and protection trims for a wide range of items.
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In 2018, the Windows & Doors Plastics Extrusion revenue (USD Billion) was USD 42.56 Billion and it expected to reach at USD 77.30 Billion in 2030
Based on the application, the windows & doors segment accounted for a major market share of 36.45% in 2022 and is expected to grow at the highest CAGR of 7.34% during the forecast period. Plastics extrusion is a versatile manufacturing process that allows for the production of customized profiles, including those used in windows and doors. Plastics such as PVC (polyvinyl chloride) are commonly used in extrusion for windows and doors due to their durability, weather resistance, and thermal insulating properties. Modern windows and doors are designed to meet energy efficiency standards, and certain plastic materials, like PVC, are known for their excellent thermal insulation properties. This can contribute to energy savings in buildings, making them more attractive to consumers and businesses alike. Plastic extrusion can be a cost-effective manufacturing process, particularly when producing large volumes of standardized profiles.
This cost efficiency can be a significant factor in the construction industry, where windows and doors are often produced in bulk. Plastics extrusion allows for a high degree of design flexibility, enabling the production of customized profiles to meet specific aesthetic and functional requirements. This is important in the construction industry where architects and designers may have unique specifications for windows and doors. Plastics like PVC are durable and can withstand exposure to harsh weather conditions, UV radiation, and other environmental factors. This durability is crucial for building components that are exposed to the elements.
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Based on the end use, the building & construction segment accounted for a major market share of 58.68% in 2022 and is expected to grow at the highest CAGR of 6.80% during the forecast period. The building and construction industry is a major consumer of extruded plastic products. Plastics, including PVC (polyvinyl chloride) and other materials, are commonly used in the construction sector for applications such as window profiles, pipes, cables, flooring, and insulation. Plastics used in extrusion processes often offer a combination of lightweight properties and durability. This makes them suitable for construction applications where materials need to be both sturdy and easy to handle. Some plastics, such as PVC, have good thermal insulation properties. This is valuable in the construction industry, where materials that contribute to energy efficiency are sought after for applications like window frames and insulation. Plastics can be resistant to moisture, chemicals, and other environmental factors. This resistance is particularly valuable in construction applications where materials may be exposed to varying weather conditions and other external elements. Plastics extrusion allows for the production of a wide variety of profiles and shapes in the construction industry. This versatility is advantageous in construction, where different designs and profiles are required for various components such as window frames, door frames, and siding.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
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The global plastics extrusion markets have experienced enormous growth and change in recent years, due to a combination of technical developments, rising demand from diverse end-use sectors, and a focus on sustainability.
Disclaimer:
Type | Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Others |
Application | Windows & doors, Wire Insulation, Blinds, Weatherstripping, Automotive components, Lighting, HVAC, Cable industry, Others |
End Use | Building & Construction, Automotive, Industrial |
List of Competitors | Intek Plastics, Plaskolite, BWF, Offermann, Walden Fels & Co. KG, LETBEK A/S, LYNDDAHL A/S, M3 Extrusion, Schlegel Electronic Materials Inc., Saint-Gobain, Others |
This chapter will help you gain GLOBAL Market Analysis of Plastics Extrusion. Further deep in this chapter, you will be able to review Global Plastics Extrusion Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Plastics Extrusion. Further deep in this chapter, you will be able to review North America Plastics Extrusion Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Plastics Extrusion. Further deep in this chapter, you will be able to review Europe Plastics Extrusion Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Plastics Extrusion. Further deep in this chapter, you will be able to review Asia Pacific Plastics Extrusion Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Plastics Extrusion. Further deep in this chapter, you will be able to review South America Plastics Extrusion Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Plastics Extrusion. Further deep in this chapter, you will be able to review Middle East and Africa Plastics Extrusion Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Plastics Extrusion. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Plastics Extrusion market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Polyethylene have a significant impact on Plastics Extrusion market? |
What are the key factors affecting the Polyethylene and Polypropylene of Plastics Extrusion Market? |
What is the CAGR/Growth Rate of Windows & doors during the forecast period? |
By type, which segment accounted for largest share of the global Plastics Extrusion Market? |
Which region is expected to dominate the global Plastics Extrusion Market within the forecast period? |
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