Extrusion Sheet Market Share

North America Market Statistics

North America in extrusion sheet market is projected to hold more than 35% revenue share by 2037. The market growth can be credited to the strong industrial sector and continued manufacturing activities across various end use industries such as construction, automotive, and consumer goods. Additionally, manufacturers have developed advanced extrusion sheet grades that cater to niche applications due to an increased focus on research and development operations. For instance, in May 2024, the premier supplier of customized and sustainable materials solutions and services, Avient Corporation, introduced its CesaTM Non-PFAS Process Aid for Extrusion at NPE 2024.

The U.S. is a leader in the creative application of multiwall and corrugated plastic sheets in buildings, focusing on sustainability and energy efficiency that complies with the strict environmental laws in the country. For instance, the 2021 International Green Construction Code (IgCC) offers the design and construction industry the most effective method for delivering sustainable, resilient, high-performance buildings.

In Canada, growing investments in infrastructure and the increased use of extrusion sheets in packaging and healthcare industries are two major factors propelling the market growth in the region. For instance, under the Investing in Canada Plan, the government has invested more than USD 151 billion into 96,000 infrastructure projects.

APAC Market Analysis

Asia Pacific will encounter huge growth in the extrusion sheet market during the forecast period. The market is growing in the region owing to the rapid industrialization and expanding manufacturing sector. Also, plastic extrusion sheets are widely used in consumer electronics, automotive components, and packaging solutions, all of which have strong demand in the region.

The increased focus on food safety and consumer health in China is escalating the growth of the extrusion sheet market. Monitoring data from the China National Center for Food Safety Risk Assessment show that, between 2010 and 2022, foodborne illness outbreaks were documented in over 46,000 cases nationally, mostly in homes and catering services.
Therefore, the demand for extrusion sheets is increasing due to their robustness; products are shielded against harm during storage and transit from external forces like impact, pressure, moisture, and chemicals.

Rapid urbanization in India has consequently surged the demand for extrusion sheets in the construction industry for insulated roofing and façade applications. According to the World Bank Group, 600 million people, or 40% of the population, will live in towns and cities by 2036 (compared to 31% in 2011), and urban regions will account for about 70% of the country's GDP.

In South Korea, technological advancements and boosting construction activities are increasing demand for high-end machinery in the food and beverage industry. For instance, as of 2021, there were approximately 31,300 food processing businesses in Korea, with sales of USD 63.3 billion.