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Global Industry Size:
The global plastic sheet extrusion market size was valued at USD 44.8 billion in 2020 and is expected to reach USD 63.4 billion by 2027, growing at a CAGR of 5.2% during the forecast period.
India Industry Size:
The Indian plastic sheet extrusion market size was valued at INR 8,500 crore (USD 1.2 billion) in 2020 and is expected to reach INR 14,000 crore (USD 2.0 billion) by 2027, growing at a CAGR of 7.3% during the forecast period.
Number of Players in India:
There are approximately 200-250 players in the Indian sheet extrusion industry, with a mix of large-scale manufacturers, small and medium-sized enterprises, and regional players.
Growth Rate:
The Indian sheet extrusion industry has been growing at a CAGR of 7-8% over the past few years, driven by increasing demand from the packaging, construction, and automotive industries.
Factors Causing the Industry to Thrive in India:
Note: The data and figures mentioned above are approximate and sourced from various industry reports, research studies, and market analysis.
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