The after effects of the global financial crisis have recently subsided for plastic extruded product manufacturers. The industry makes almost all of its sales through construction, infrastructure and mining projects and the recent recovery of large scale projects have been advantageous to industry growth.
Towards the end of the past five years, a halt on big project spending has caused industry revenue to suffer an estimated 4.7% decline during 2012-13, when total revenue is expected to be worth $1.76 billion. Revenue is expected to rebound in the following year with growth of 2.2% as the economy recovers and government spending on construction and infrastructure picks up.
Companies in this industry manufacture plastic pipes, shapes and sections using the extrusion manufacturing method.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.