Press Release

Asia Pacific to Dominate Extrusion Sheet Market During Forecast Period

According to TechSci Research report, Global Extrusion Sheet Market By Type (Polypropylene, Polystyrene, Acrylate, Polycarbonate, Polyethylene, Others), By Structure (Solid & Textured, Multiwall, Corrugated, Hollow, Others), By Material (Virgin, Reprocessed), By Thickness (Up to 1mm, 1-3 mm, 3-5 mm, 5-10 mm, above 10mm), By Application (Building & Construction, Signages, Automotive, Defence & Aerospace, Electrical & Electronics, Medical, Packaging, Others), By Region, Forecast & Opportunities, 2025, the global extrusion sheet market is expected to grow at a steady rate during the forecast period on account of the growth in electrical, electronics & telecommunication industry, which is likely to have a positive impact on the market owing to the rising demand in wires for cables, computers and accessories and consumer appliances. Additionally, low cost of manufacturing & procurement of feedstock, excellent mechanical properties and entry of domestic players for raw materials, among others is further expected to propel the market during the next five years. However, human health hazards and associated environmental impacts can hamper the growth of market during forecast period. Furthermore, increasing government regulations and norms regarding use and disposal of plastics restricts the growth of market. Also, intense competition amongst manufacturers concerning the supply of raw material can cause a major challenge to the market growth.

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The global extrusion sheet market is segmented based on type, structure, material, thickness, application, company and region. Based on type, the market can be categorized into LDPE, HDPE, polypropylene, polystyrene, acrylate, polycarbonate, polyethylene and others. The LDPE type segment is expected to dominate the market on account of the widespread use of LDPE in packaging and non-packaging applications. Based on structure, the market can be categorized into solid & textured, multiwall, corrugated, hollow and others. The multiwall structure segment is expected to hold a significant market share during the forecast period. This can be accredited to the excellent thermal insulation and impact strength of the multiwall structure. Additionally, multiwall extrusion sheets have UV protection on the side facing the exterior which provides good aging resistance. Based on thickness, the market can be grouped into Up to 1mm, 1-3 mm, 3-5 mm, 5-10 mm, above 10mm. the 1-3mm segment is expected to dominate the market owing to their widespread use in packaging applications. Based on application, the market can be segmented into building & construction, signages, automotive, defence & aerospace, electrical & electronics, medical, packaging and others. The packaging segment dominates the extrusion sheet market during the forecast period. This can be ascribed to the increased demand of packaged food and rise in preference of people for ready-to-eat food across the globe.

Sabic Innovative Plastics, Danpal, Owens Corning, Serafin Group, Gallina USA, Keon, Mitsui Chemicals Othello, Inc. and others are some of the leading players operating in global extrusion sheet market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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Asia-Pacific is expected dominate the market for extrusion sheet during the forecast period, owing to fast-paced industrialization, elevating infrastructural standards, e-commerce boom, among others in the region. Additionally, increasing use of extruded plastics in agriculture is further anticipated to fuel the market during forecast period. For instance, the Government of India is striving to increase the consumption of plastic in agriculture applications. The agriculture ministry of India plans to introduce micro irrigation system in 17 million hectares of land over the next few years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Extrusion Sheet Market By Type (Polypropylene, Polystyrene, Acrylate, Polycarbonate, Polyethylene, Others), By Structure (Solid & Textured, Multiwall, Corrugated, Hollow, Others), By Material (Virgin, Reprocessed), By Thickness (Up to 1mm, 1-3 mm, 3-5 mm, 5-10 mm, above 10mm), By Application (Building & Construction, Signages, Automotive, Defence & Aerospace, Electrical & Electronics, Medical, Packaging, Others), By Region, Forecast & Opportunities, 2025 has evaluated the future growth potential of global extrusion sheet market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global extrusion sheet market.

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