Extruded Plastics Market Overview and Projections: 2022-2028
The extruded plastics market was valued at US$ 181.6 billion in 2021 and is projected to reach US$ 251.2 billion by 2028, growing at a CAGR of 4.1% from 2022 to 2028.
During the forecast period, the Asia-Pacific extruded plastics market is anticipated to experience the highest Compound Annual Growth Rate (CAGR). This growth is driven by the increasing demand for consumer electronics, where extruded plastics are extensively utilized as a primary insulating material.