Plastic Extrusion Molded Part Trends and Forecast
The future of the global plastic extrusion molded part market looks promising with opportunities in the construction, automotive, electrical & electronics, packaging, food & beverage, agriculture, and medical markets. The global plastic extrusion molded part market is expected to reach an estimated $163.0 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are the increasing packaging business, which requires plastic extrusion molded parts for a variety of packaging applications, growing demand for lightweight and long-lasting materials in industries such as automotive, aerospace, and electronics, and the rising emphasis on customization and product innovation to fulfill unique consumer needs.Plastic Extrusion Molded Part by Segment
The study includes a forecast for the global plastic extrusion molded part by type, mold type, extrusion method, end use, and region.Plastic Extrusion Molded Part Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Solid Parts
- Hollow Pipe & Tubing
- Sheets & Films
- Windshield Wipers and Squeegees
- Automotive Trim
- Conduit and Cable Protectors
- Others
Plastic Extrusion Molded Part Market by Mold Type [Shipment Analysis by Value from 2018 to 2030]:
- Unscrewing Molds
- Hot Runner Molds
- Cold Runner Molds
- Insulated Runner Molds
- Others
Plastic Extrusion Molded Part Market by Extrusion Method [Shipment Analysis by Value from 2018 to 2030]:
- Tubing Extrusion
- Blow Film Extrusion
- Sheet Film Extrusion
- Over Jacket Extrusion
- Others
Plastic Extrusion Molded Part Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Construction
- Automotive
- Electrical & Electronics
- Packaging
- Food & Beverage
- Agriculture
- Medical
- Others
Plastic Extrusion Molded Part Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Plastic Extrusion Molded Part Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic extrusion molded part companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic extrusion molded part companies profiled in this report include:- Duros Development
- Nation Manufacturing and Industrial Products
- Ply Gem
- Mitsuwa Chemical
- Eaton
- MHG Asia Pacific
- Rehau
- Vision
- Denso
- Foton
Plastic Extrusion Molded Part Market Insights
The publisher forecasts that tubing extrusion will remain the largest segment over the forecast period because it allows for faster production and more efficiency than other types of extrusion processes.Within this market, automotive will remain the largest segment due to its greater strength, flexibility, affordability, and efficiency, as well as the fact that it comes in a variety of configurations to accommodate intricate parts.
APAC will remain the largest region over the forecast period due to the growing demand for plastic extrusion molded components from the automobile industry has led to a particularly high consumption of these parts in this region.
Features of the Global Plastic Extrusion Molded Part Market
- Market Size Estimates: Plastic extrusion molded part market size estimation in terms of value ($B).- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Plastic extrusion molded part market size by type, mold type, extrusion method, end use, and region in terms of value ($B).
- Regional Analysis: Plastic extrusion molded part market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, mold type, extrusion method, end use, and regions for the plastic extrusion molded part market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic extrusion molded part market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the plastic extrusion molded part market size?Answer: The global plastic extrusion molded part market is expected to reach an estimated $163.0 billion by 2030.
Q2. What is the growth forecast for plastic extrusion molded part market?
Answer: The global plastic extrusion molded part market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the plastic extrusion molded part market?
Answer: The major drivers for this market are the increasing packaging business, which requires plastic extrusion molded parts for a variety of packaging applications, growing demand for lightweight and long-lasting materials in industries such as automotive, aerospace, and electronics, and the rising emphasis on customization and product innovation to fulfill unique consumer needs.
Q4. What are the major segments for plastic extrusion molded part market?
Answer: The future of the global plastic extrusion molded part market looks promising with opportunities in the construction, automotive, electrical & electronics, packaging, food & beverage, agriculture, and medical markets.
Q5. Who are the key plastic extrusion molded part market companies?
Answer: Some of the key plastic extrusion molded part companies are as follows:
- Duros Development
- Nation Manufacturing and Industrial Products
- Ply Gem
- Mitsuwa Chemical
- Eaton
- MHG Asia Pacific
- Rehau
- Vision
- Denso
- Foton
Answer: The publisher forecasts that tubing extrusion will remain the largest segment over the forecast period because it allows for faster production and more efficiency than other types of extrusion processes.
Q7. In plastic extrusion molded part market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the growing demand for plastic extrusion molded components from the automobile industry has led to a particularly high consumption of these parts in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the plastic extrusion molded part market by type (solid parts, hollow pipe & tubing, sheets & films, windshield wipers and squeegees, automotive trim, conduit and cable protectors, and others), mold type (unscrewing molds, hot runner molds, cold runner molds, insulated runner molds, and others), extrusion method (tubing extrusion, blow film extrusion, sheet film extrusion, over jacket extrusion, and others), end use (construction, automotive, electrical & electronics, packaging, food & beverage, agriculture, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Plastic Extrusion Molded Part Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Duros Development
- Nation Manufacturing and Industrial Products
- Ply Gem
- Mitsuwa Chemical
- Eaton
- MHG Asia Pacific
- Rehau
- Vision
- Denso
- Foton
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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