PVC Material of Choice for Extrusion
In 2015, more than 114 million tonnes of plastics worldwide were melted, pressed through a die, and processed to numerous different products, according to a new study from market research company Ceresana.
In 2015, about 51 % of the plastics used for extrusion were used in the region Asia-Pacific; North America and Western Europe followed with market shares of 15.5 % and 13.2 %. The plastic type polyvinyl chloride (PVC) is mainly used for extrusion: Over the past eight years, global demand for products made of PVC rose by an average of 2.3 % per year. The second most important plastic type for extrusion is LLDPE with a market share of approx. 18 %.
The most important sales market for extrusion products is packaging, especially films, bags and sacks, and shrink and stretch films. The heading packaging films includes the majority of films used for foodstuffs, but also films for cosmetics, hygiene products, textiles, stationary, and similar products. This market profits from an ongoing trend towards flexible packaging solutions that reduce weight and the use of resources and also increase consumer convenience. The tendency towards shrinking packaging sizes in the segments hygiene and pharma also leads to an expected growth. The most important type of plastics in the segment packaging is LLDPE, followed by polypropylene and LDPE.
The second largest sales market are products for the construction industry. By far the most important plastic in the construction industry is PVC: In 2015, about 22.5 million tonnes of this material were used. Above all, pipes and windows but also floors, facade elements, coatings, sheets, sealants, doors, small parts, and fastenings are made from it. Demand for plastic pipes is mainly growing in the emerging countries where urbanization and new constructions play a major role. However, in the developed industrial states, renovation and replacement of the existing networks are important. The most dynamic development of demand for plastics for extrusion will however not take place in the construction sector but in the segments "transportation" and "electrical and electronics". From 2015 to 2023, Ceresana expects global demand in these application areas to increase by 3.1 % and 2.9 % per year.
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