Extrusion Sheet Market Size, Share, Revenue, Trends And Drivers For 2024-2033

The Business Research Company's Extrusion Sheet Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LANDON, GREATER LANDON, UK, July 16, 2024 /EINPresswire.com/ -- The extrusion sheet market has experienced robust growth in recent years, expanding from $114.54 billion in 2023 to $122.13 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to growing demand in packaging industry, industrial expansion and construction, automotive sector growth, renewable energy projects, consumer electronics industry demand.

Strong Future Growth Anticipated

The extrusion sheet market is projected to continue its strong growth, reaching $158.67 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increased emphasis on lightweight materials, rise in construction and infrastructure development, electrification of vehicles, global focus on renewable energy, customization, and tailored solutions.

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Growth Driver Of The Extrusion Sheet Market

The increasing food and beverages industry is expected to boost the extrusion sheet market. The food and beverage industry includes any business involved in transforming raw agricultural goods into consumer food items. The benefit of extrusion sheets for the food and beverage industry is their ability to provide versatile, lightweight, and customizable solutions for packaging applications, ensuring product protection and efficient transport. The increasing consumption of food and beverages contributes to the extrusion market's growth.

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Major Players And Market Trends

Key players in the extrusion sheet market include Saudi Basic Industries Corp, Evonik Industries AG, Covestro AG, DS Smith PLC, Owens Corning, Kaneka Corporation, Inteplast Group Corporation, Hitachi Zosen Corporation, Serafin Group Limited, Formosa Plastics Corporation, Ensinger GmbH, MDI Inc., Simona AG, Primex Plastics Corporation, Plaskolite LLC, Brett Martin Limited, Palram Industries Ltd., Arla Plast AB., Danpal, Westlake Plastics Company, AGRU Kunststofftechnik GmbH, Zylog Plastalloys Private Limited, Karton S.p.A., Corex Plastics Pty. Ltd., Wellplast AB, Extrutech Plastics Inc., Matra Plast Inc., Gallina USA LLC.

Major companies operating in the extrusion sheet market are adopting a strategic partnership approach for lasting cooperation and cooperative business growth. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success.

Segments:

1) By Type: Polypropylene, Low Density Polyethylene (LDPE), Polycarbonate, High Density Polyethylene (HDPE), Polystyrene, Acrylate, Polyethylene, Other Types
2) By Structure: Corrugated, Solid And Textured, Hollow, Multiwall, Other Structures
3) By Material Source: Virgin, Recycled
4) By Process Type: Coextrusion, Thermoforming
5) By Industry Vertical: Packaging, Medical Devices, Consumer Electronics, Automotive, Construction, Other Industry Verticals

Geographical Insights: Asia-Pacific Leading The Market

Asia-Pacific was the largest region in the extrusion sheet market in 2023. Asia-Pacific is expected to be the fastest-growing region during the forecast period, driven by expanding healthcare facilities and increasing awareness of the benefits of extrusion sheet.

Extrusion Sheet Market Definition

Extrusion sheet is a technique to create flat material sheets of consistent thickness and width from various resins. The objective of sheet extrusion is to use heat and pressure to convert thermoplastic polymers, usually in pellet form, roll, or sheet material. This process is commonly used for aluminum or plastic materials to form sheets.

Extrusion Sheet Global Market Report 2024 from THE BUSINESS RESEARCH COMPANY covers the following information:

• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Extrusion Sheet Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on extrusion sheet market size, extrusion sheet market drivers and trends, extrusion sheet market major players, extrusion sheet competitors' revenues, extrusion sheet market positioning, and extrusion sheet market growth across geographies. The extrusion sheet market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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