Extruded Plastics Market Report 2026

The extruded plastics market size has grown steadily in recent years. It will grow from $250.14 billion in 2025 to $261.71 billion in 2026 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to growth in construction material demand, expansion of plastic packaging applications, increased adoption of plastics in automotive manufacturing, availability of cost-effective polymer raw materials, advancements in extrusion machinery.

The extruded plastics market size is expected to see steady growth in the next few years. It will grow to $313.8 billion in 2030 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to increasing demand for sustainable plastic solutions, rising use of extruded plastics in electric vehicles, expansion of infrastructure development projects, growing preference for high-performance polymers, increased investment in recycling-compatible extrusion technologies. Major trends in the forecast period include increasing use of recyclable plastic profiles, growing demand for lightweight automotive components, expansion of high-precision extrusion processes, rising adoption of customized plastic profiles, enhanced focus on material performance and durability.

The expansion of the packaging industry is playing a significant role in driving the growth of the extruded plastics market going forward. Packaging involves enclosing or protecting products for distribution, storage, sale, and end use. Extruded plastics are widely used in packaging applications because they enable the production of highly durable, reliable, and cost-effective packaging solutions. As the packaging industry continues to grow, the demand for extruded plastic materials rises accordingly. For example, in August 2024, according to the Flexible Packaging Association, a US-based trade association representing flexible packaging manufacturers and suppliers, the total US flexible packaging industry generated an estimated $42.9 billion in annual sales in 2023, reflecting a 3.4% increase from $41.5 billion in 2022. Therefore, the growth of the packaging industry is driving the expansion of the extruded plastics market.

Companies operating in the extruded plastics market are increasingly focused on developing innovative and sustainable products, such as Meguri, to address rising demand for environmentally responsible solutions. Meguri products are manufactured using a range of recycled plastics, including polyethylene, polypropylene, and acrylic resin. For instance, in June 2024, Dow, a US-based manufacturing company, introduced REVOLOOP™, an advanced recycling solution designed to strengthen the circular economy for plastic materials. This solution improves recycling efficiency by converting post-consumer plastic waste into high-quality, reusable feedstock for new plastic products. By leveraging advanced technologies and processes, REVOLOOP™ helps reduce plastic waste, promote sustainability, and support the industry’s transition toward a more circular approach to plastic production, ultimately lowering environmental impact.

In April 2025, Plastifab Industries Inc., a Canada-based manufacturing company, acquired the Pole Line Products business of R&M Plastics for an undisclosed amount. Through this acquisition, Plastifab aims to expand its customer base, reinforce its position in custom plastic extrusion, and enhance its capabilities in delivering high-performance extruded plastic solutions for infrastructure applications. R&M Plastic Products Ltd. is a Canada-based company specializing in the production of extruded plastic pole line guards used to protect cable lines on utility poles.

Major companies operating in the extruded plastics market are LyondellBasell Industries N.V., Borealis AG, Westlake Corporation, NOVA Chemicals Corporation, Mitsubishi Chemical Group Corporation, SABIC, Dow, BASF SE, INEOS Group, ExxonMobil Chemical, Chevron Phillips Chemical, Braskem, Formosa Plastics Corporation, LG Chem, Hanwha Solutions, Shin-Etsu Chemical, Arkema, Covestro, Avient Corporation, The Ensinger Group, REHAU Group, Primex Plastics Corporation.

Asia-Pacific was the largest region in the extruded plastics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the extruded plastics market during the forecast period. The regions covered in the extruded plastics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the extruded plastics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The extruded plastics market consists of sales of acrylonitrile butadiene styrene, thermoplastic elastomers, high impact polystyrene, polyethylene terephthalate, and sheet film extrusion. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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