Asia-Pacific Extruded Nets Market :-:growing with a CAGR of 5.6%, Size, share, Trends, Top players, opportunities
The Asia-Pacific extruded nets market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.6% in the forecast period of 2021 to 2028 and is expected to reach USD 500,887.39 thousand by 2028. The growing demand for extruded nets in emerging economies is expected to drive the growth of the extruded nets market in Asia-Pacific region.
Extruded nets are plastic nets
manufactured by a process called extrusion in which melted plastic materials are pushed
through a die of the desired shape. The shaped net is then cooled and kept for
stabilization before being packed and sold. The most common materials used to
prepare extruded nets are plastic polymers such as polypropylene,
high-density polyethylene, and low-density polyethylene. The stability of the
product obtained by the extrusion process is the primary advantage of
extruded nets over the traditionally
woven nets or nets formed by the injection-mold process.
A major
restraint that affects the demand of the Asia-Pacific extruded nets market is
the availability of replacement packaging products. A major opportunity for the
Asia-Pacific extruded nets market is the experienced growth in agriculture and
aquaculture market. Some of the significant drivers related to the respective
market are the increase in demand for the extruded nets product for
pharmaceutical and industrial filtrations. However, the tendency to create
large scale landfill waste pose a challenge for the Asia-Pacific extruded nets
market.
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Extruded
Nets Market Scope and Market Size
The Asia-Pacific extruded
nets market is
segmented on the based on the materials, configuration, type, mesh and
application. The growth among segments helps you analyze niche pockets of
growth and strategies to approach the market and determine your core application
areas and the difference in your target markets.
- On the basis of material,
the Asia-Pacific extruded nets market is segmented into polypropylene(PP),
linear low density polyethylene (LLDPE), ethyl vinyl acetate (EVA), nylon,
thermoplastic elastomer (TPE), thermoplastic polyurethane (TPU), high
density polyethylene (HDPE), low density polyethylene (LDPE) and others In
2021, high density poly ethylene (HDPE) segment is dominating Asia-Pacific
extruded nets market because in the manufacturing of high density poly
ethylene (HDPE) as it is cost-effective and widely available in the
market.
- On the basis of
configuration, the Asia-Pacific extruded nets market is segmented into
square, diamond, and flat. In 2021, square segment is dominating
Asia-Pacific extruded nets market because of their applications in the
manufacture of poultry cages and housing, that is a significant economy in
the respective market.
- On the basis of type, the
Asia-Pacific extruded nets market is segmented into cylindrical, and flat.
In 2021, flat segment is dominating Asia-Pacific extruded nets market
because flat type extruded nets have widespread application in
agricultural packaging, which is a significant economy of the region.
- On the basis of mesh, the
Asia-Pacific extruded nets market is segmented into enhanced and plain. In
2021, plain segment is dominating Asia-Pacific extruded nets market
because plain mesh is reusable and economical, thereby is ideal for the
growing economies in the region.
- On the basis of application,
the Asia-Pacific extruded nets market is segmented into food and beverage,
packaging, energy, industrial, medical, filtration, agriculture, consumer
goods, erosion control, automotive, and others. In 2021, food and
beverages segment is dominating Asia-Pacific extruded nets market due to
the food and food protection requirement of the region due to high
population saturation.
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Extruded
Nets Market Country Level Analysis
The
extruded nets market is analyzed and market size information is provided by the
country, material, configuration, mesh, type and application referenced above.
The
countries covered in the extruded nets market report are the Japan, China,
South Korea, India, Australia and New Zealand, Singapore, Thailand, Indonesia,
Malaysia, Philippines, Taiwan, Hong Kong and rest of Asia-Pacific.
- In Asia-Pacific, China
dominates the extruded nets market due to its application in protecting
food items for the growing population.
The
country section of the report also provides individual market impacting factors
and changes in regulation in the market domestically that impacts the current
and future trends of the market. Data points such as new sales, replacement
sales, country demographics, regulatory acts and import-export tariffs are some
of the major pointers used to forecast the market scenario for individual
countries. Also, presence and availability of Asia-Pacific brands and their
challenges faced due to large or scarce competition from local and domestic
brands, impact of sales channels are considered while providing forecast
analysis of the country data.
Growing
Strategic Activities by Major Market Players to Enhance the Awareness for
Extruded Nets is Boosting the Market Growth of Extruded Nets Market.
The
extruded nets market also provides you with detailed market analysis for every
country growth in particular market. Additionally, it provides the detail
information regarding the market players’ strategy and their geographical
presence. The data is available for historic period 2010 to 2019.
Competitive
Landscape and Extruded Nets Market Share Analysis
Extruded
nets market competitive landscape provides details by competitor. Details
included are company overview, company financials, revenue generated, market
potential, investment in research and development, new market initiatives,
production sites and facilities, company strengths and weaknesses, product
launch, product trials pipelines, product approvals, patents, product width and
breadth, application dominance, technology lifeline curve. The above data
points provided are only related to the company’s focus related to extruded
nets market.
The major
companies which are dealing in the extruded nets are Schweitzer-Mauduit
International, Inc., GSH Group., EXPO-NET Danmark A/S, ROM PLASTICA srl, Min
Shen Enterprise Co., Ltd., LC Packaging and other domestic and international
players. DBMR analysts understand competitive strengths and provide competitive
analysis for each competitor separately.
Many
contract and agreement are also initiated by the companies’ worldwide which are
also accelerating the extruded nets market.
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