Marketing company Ceresana has published a new study of the world market of extrusion plastics. Extrusion is one of the most important processes in the plastics industry, which are produced using, for example, films, containers, pipes, electrical cables, etc.

In 2015, all over the world were processed in a variety of products more than 114 million tons of plastics. In the Asia-Pacific region fell more than 51% of the processing. It is followed by North America (with a market share of 15.5%) and Western Europe (13.2%). Extrusion was used primarily polyvinyl chloride (PVC). During the past eight years, the demand for products made of PVC grew by an average of 2.3% per year. According to the study, the second most important type of plastic extrusion – linear low density polyethylene (LLDPE) with a market share of about 18%.

The most significant market for the extrusion of plastics is the packaging, such as the production of films, bags, bags and shrink film. This market will benefit from the ongoing trends in the development of flexible packaging solutions that save weight and material, while increasing the comfort of the user.

The second largest market for plastics extrusion is the construction industry. The dynamic growth in demand for plastics extrusion will be observed not only in the construction sector, but also in the automotive, electronic and electrical industries. According to the forecast the company Ceresana, in the period from 2015 to 2023. global demand for both major markets for extruded plastics will grow annually by 3.1% and 2.9% respectively.

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