In 2021, Plain is expected to Dominate the Extruded Nets Market with a 57.54% Market Share Because Plain Mesh-Based Extruded Nets are Huge Adoption Among the Consumers

Extruded nets are plastic nets that are obtained from plastic polymers through a process called extrusion. Extruded nets find large-scale applications in various economic fields such as automotive, pharmaceuticals, and industrial due to their ability to filter impurities from varied media. Further, due to their sturdy nature, they also find applications in the packaging industry, particularly for food and beverage packaging.  ​

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Global Extruded Nets Market is expected to reach USD 1,273,211.56 thousand by 2028 from USD 909,270.00 thousand in 2020, growing with a CAGR of 4.3% in the forecast period of 2021 to 2028. Some of the significant drivers associated with the global extruded nets market are the extensive demand for extruding nets to safely transit food material across the globe and large-scale expansions in agriculture and aquaculture. The major restraint impacting the extruded nets market is the absence of product differentiation. Further, the scarcity of raw materials will also restrain the extruded nets market growth.         

Extensive demand for extruded nets in order to safely transit food material across the world will drive the market's growth rate

Since extruded nets are one of the economic products available in the market that could be employed to achieve the necessary transportation safety, the demand for extruded nets are rising globally along with the increasing transportation of food products. This upsurge in demand is boosting the revenue of extruded nets market. In conclusion, due to the growth experienced in population and uneven distribution of food production, transportation of food materials between places has become a necessity. Additionally, the demand for the transit of food materials is experiencing a global rise due to various social as well as environmental factors. Therefore, the necessity of protection implemented to freight during the transit is also rising. As a result, the extensive demand of extrude nets in order to transit food material across the globe safely could be viewed as a market driver that boosts the demand as well as revenue of the market.

Report Scope and Market Segmentation

Segment Analysis:

The global extruded nets market is segmented into five notable segments based on the material, configuration, type, mesh, and application.

• On the basis of material, the global 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 Polyethylene (HDPE) is expected to dominate the global extruded nets market with a 23.72% market share because in the manufacturing of high density poly ethylene (HDPE) based extruded nets modern technologies are used which makes it very effortless to set up as well as it is cost-effective to maintain which helps to boost its demand in the forecast year.
• On the basis of configuration, the global extruded nets market is segmented into square, diamond, and flat. In 2021, the square is expected to dominate the global extruded nets market with a 41.69% market share because in the square based extruded nets are manufactured through a single-step continuous extrusion process that can hold weight for snow and bird load. Also, square-based extruded nets are ideal for perimeter fencing, nestbox surfaces, plant support, and screening, which helps to boost its demand in the forecast year.
• On the basis of type, the global extruded nets market is segmented into cylindrical and flat. In 2021, flat is expected to dominate the global extruded nets market with a 60.77% market share because flat based extruded nets can work in any applications. In addition, flat extruded netting offers smooth joints, which help to boost its demand in the forecast year.
• On the basis of mesh, the global extruded nets market is segmented into enhanced and plain. In 2021, plain is expected to dominate the global extruded nets market with a 57.54% market share because plain mesh based extruded nets are huge adoption among the consumers due to its benefits which help to boost its demand in the forecast year.

The plain segment will dominate the mesh segment of the extruded nets market

The plain segment will emerge as the dominating segment under mesh segment. This is because of the growing demand for offline mesh in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

• On the basis of application, the global extruded nets market is segmented into food and beverage, packaging, energy, industrial, medical, agriculture, consumer goods, erosion control, automotive, filtration, and others. In 2021, food and beverage segment is expected to dominate the global extruded nets market with a 21.59% market share because extruded nets are huge adoption in the food and beverages due to their ability to protect and safeguard, which help to boost its demand in the forecast year.

The food and beverage segment will dominate the application segment of the extruded nets market

The food and beverage segment will emerge as the dominating segment under application with approximately 22% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the chemicals and industry all around the globe will further bolster the growth of this segment.

Major Players         

Data Bridge Market Research recognizes the following companies as the market players in power plant boiler market: MESH PACK GmbH (Germany), GSH Group. (U.K.), GALLOPLASTIK S.R.L. (Italy), Hellagro (Greece), AVERINOX NL (Netherlands), Maar d.o.o. (Croatia), Intermas Group (Spain), Norplex Inc. (U.S.), EXPO-NET Danmark A/S (Denmark), Industrial Netting (U.S.), Schweitzer-Mauduit International, Inc. (U.S.), ROM PLASTICA srl (Italy), MasterNet LTD (Canada), Min Shen Enterprise Co., Ltd. (Taiwan), and LC Packaging (Netherlands).

Market Development

• In April 2021, GSH Group announced the installation of 837 solar panels, capable of producing 238 KWP at the company's Peterborough road production site. The company expects to reduce its dependency on the national power grid and become more self-reliant with this facility expansion
• The Mondi Group has announced the launch of new packaging options for the food market in April 2022. Two-tray packaging goods will give fresh food producers recyclable options and can help cut down on food waste. Food protection will be achieved by PERFORMing monoloopand monoi formable PP, highlighting the vital role packaging plays throughout the supply chain
• The agreement between Sealed Air (SEE), ExxonMobil, and Ahold Delhaize was announced in April 2022, and it would make it easier to recycle plastics used in the food supply chain to make new food-grade packaging solutions

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in extruded nets market during the forecast period 2021 to 2028

• In North America, U.S. dominates the segment due to the huge demand of extruded nets in consumer goods and construction markets and largescale automotive production that uses extruded nets for various automotive requirements.

Asia-Pacific is estimated to be the fastest-growing region in extruded nets market the forecast period 2021 to 2028

Extruded nets are becoming more popular in various industries, including construction, manufacturing, sports, packaging, and agriculture, which is driving up demand in Asia-Pacific. The nets are used to store a variety of foods, including meat, seafood, fruits, and vegetables.

COVID-19 Impact

The COVID-19 outbreak has caused instability on the extruded nets market. Extruded nets have been used in a variety of industries, including the automotive, energy, food & packaging, sports, and industrial ones. Most end-user sectors had to deal with a downturn during COVID-19, which affected the market demand for extruded nets. For instance, February 2020 saw a 79% decrease in car sales in China compared to the same month last year. Supply-chain disruptions, a rise in the cost of raw materials, and other pandemic-related problems are still affecting the construction industry. In the building and construction sector, extruded netting stretches, reinforces, contains, and laminates many substrates. However, as manufacturers of green building products use netting in their product designs to minimize cost, the need for extruded nets increased in 2021.

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