Plastic Extrusion for Lighting Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 8.5% from 2026 to 2033, reaching USD 2.3 Billion by 2033.
The global plastic extrusion for lighting market was valued at approximately USD 5.3 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030. The increasing adoption of energy efficient lighting solutions, such as LEDs, coupled with the growing demand for aesthetically designed lighting products, has significantly contributed to this growth. The demand for plastic extrusions in the lighting sector is driven by the requirement for durable, lightweight, and versatile materials that can be easily molded into various shapes and sizes. The market is expected to continue its upward trajectory due to technological advancements in extrusion processes, leading to improved product performance and cost effectiveness. The CAGR reflects the continuous development and innovation in material sciences, offering opportunities for market penetration across multiple regions.
Regionally, North America and Europe dominate the plastic extrusion for lighting market, accounting for a significant share due to the presence of established lighting infrastructure and the increasing implementation of energy saving policies. In 2022, North America held a market share of around 34%, and Europe followed closely with a share of 30%. The Asia Pacific region is witnessing rapid growth, with a CAGR of 6.5%, owing to the expanding manufacturing sectors in countries like China and India, alongside growing urbanization and rising disposable incomes. Other emerging markets, such as Latin America and the Middle East, are also showing promising growth due to increased demand for sustainable and high performance lighting solutions. These regional dynamics are fostering further expansion opportunities in the global plastic extrusion for lighting market.
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Pexco
Intek Plastics
Custom Plastics
Inplex LLC
Trimco
Jifram Extrusions
CustomProfiles
ConadalePlastics
Mavis Plastic Profiles
WATOM
Delta Electronics
Vista Manufacturing
Intype Enterprise Co.
Ltd
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Plastic Extrusion for Lighting Market
Polyvinyl Chloride (PVC)
Polycarbonate (PC)
Polypropylene (PP)
Polystyrene (PS)
Acrylic
Others
LED Fixtures
Light Tubes
Light Covers
Light Channels
Other Plastic Components
Residential Lighting
Commercial Lighting
Industrial Lighting
Outdoor Lighting
Architectural Lighting
Lighting Manufacturers
Retailers
Distributors
Original Equipment Manufacturers (OEMs)
Conventional Lighting
LED-based Lighting
Smart Lighting
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Plastic Extrusion for Lighting Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Plastic Extrusion for Lighting Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plastic Extrusion for Lighting Market, By Type
6. Global Plastic Extrusion for Lighting Market, By Application
7. Global Plastic Extrusion for Lighting Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Plastic Extrusion for Lighting Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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