EXTRUSION SHEET MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Regional Analysis

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North America has been the dominant region in the global extrusion sheet market with an estimated 34.1% share in 2024. This can primarily be attributed to the region's robust industrial sector and continued manufacturing activity across various end-use industries such as construction, automotive, and consumer goods. The strong presence of leading extrusion sheet manufacturers such as Berry Global and Sealed Air has allowed North America to gain significant advantages in terms of supply reliability and product availability. In addition, the region's emphasis on Research & Development has helped manufacturers develop advanced extrusion sheet grades catering to specialized applications. With demand projected to increase from infrastructure investments as well as growth in packaging and healthcare industries, North America looks set to retain its leading position in the coming years.

Another region that has emerged as an important market for extrusion sheets globally is Asia Pacific. Led by China and India, the region has been witnessing double digit growth rates over the last 5 years on the back of strong economic expansion and growth in manufacturing and construction industries. Rapid urbanization in countries such as China, India and Indonesia have significantly boosted demand from the construction sector for insulated roofing and facade applications. The growing emphasis on food safety and consumer health has also augmented extrusion sheet usage in the packaging industry. In addition, the shifting of manufacturing bases to the region by automotive and electronic majors has created new avenues. With several extrusion sheet converters entering the region and leveraging low-cost manufacturing advantages, Asia Pacific has evolved into an export and pricing hub influencing global trade trends.