Electrical Submersible Pump Cables Market Forecasts to Witness an Outstanding Growth by 2023

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Extruded Plastics Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2025

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About Us

• Transparency Market Research (TMR) is a market
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  business information reports and services. Our
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  analysis and deep segmentation to possible micro
  levels. With a wider scope and stratified
  research methodology, our syndicated reports
  strive to serve clients and satisfy their overall
  research requirement.

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• Global Extruded Plastics Market Snapshot

• Due to a significant amount of research,
  biostimulants have gained considerable popularity
  over the past decade.
• At present, biostimulants are increasingly being
  used in the plant production process to enhance
  plant growth, quality, productivity, and assist
  various plants in dealing with environmental
  stress.
• Horticulture production techniques and patterns
  are continually going through waves of innovation
  as the global demand for environment-friendly
  crop management continues to intensify.

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Packaging Segment Likely to Exhibit Highest
Demand for Extruded Plastics

• In terms of type, the extruded plastics can be
  classified into LDPE, HDPE, polypropylene,
  polystyrene and PVC.
• Low density polyethylene (LDPE) is a polyolefin
  material which has high molecular weight.
• It is a non-toxic material with high degree of
  break resistance. It is resistant to a large
  number of laboratory chemical and is easy to
  fabricate.
• These properties together make LDPE a material
  of choice for packaging manufacturers.

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Volatility in Raw Material Prices Continues to
Threaten Growth Prospects

• On the downside, the market will continue reeling
  under volatile raw material prices. TMR has
  highlighted this as one of the key factors
  restricting growth in the global extruded
  plastics market.
• Rising raw material prices can push the cost of
  producing and processing products. This will
  inevitably surge the prices in which these
  products are sold, which can have a negative
  impact on the overall market.
• A key point to note here is that extruded
  plastics are obtained from crude oil. Considering
  this, the high cost and the complex nature of
  processing often spikes prices of extruded
  plastics in turn adversely impacting their sales.
  

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Key players operating in the global extruded
plastics market

•  Berry Global Inc.
• Sealed Air Corporation
• Formosa Plastics Corporation
• Saudi Basic Industries Corp
• Sigma Plastics Group and others.

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