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Extrusion Coating Market: Global Forecast until 2022

  • October 2017
  • 165 pages
  • ID: 5160308
In this report:
The market for extrusion coating, specifically, in the packaging sector is expected to rise considerably in the coming years as packaging is being used in many applications operating in various environmental extremities which demand superior protection against moisture, dust, thermal instability, corrosion, and contamination.

Summary

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Expanded demand from the food & beverages packaging market is driving the rise of the extrusion coating market across the world

The extrusion coating market is estimated to grow ~$5.6B by 2022, at a compound annual growth rate of 5.50 percent between 2017 and 2022. Growing demand for extrusion coating from the packaging sector is the main driver for the increase ot the extrusion coating market. The sector demand for extrusion coating across the packaging market for liquid packaging and flexible packaging is high. Liquid packaging and flexible packaging are widely used in the food & beverage sector. Therefrom, these factors are forecast to steer the market of extrusion coating. On the other hand, the use of substitute products including bio-based resins acts as a restraint to the market

LDPE and polymer films are estimated to grow at high CAGRs during the forecast period of 2017 to 2022

The LDPE segment of the extrusion coating market is expected to rise at the highest CAGR (Compound annual growth rate) during the estimate period between 2017 and 2022. The increase of this segment can be accredited to the increased use of LDPE for packaging market. The use of LDPE for packaging of food & beverages is driving the sector. The polymer films segment is also anticipated to grow at a significant rate due to the rising demand from the flexible packaging application. Growing demand for innovative and lightweight packaging is driving the market demand for flexible packaging

The Asia Pacific extrusion coating market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period

Asia-Pac is the biggest market for extrusion coatings globally, with China (CN) being the most dominant market in the territory. This area is also witnessing the maximum growth rate, which is attributed to the ongoing quick economic expansion in the area. Additionally, fast developments in the packaging sector are also driving the industry demand for extrusion coatings for food & beverages, medical & pharmaceutical, and other applications in the territory.

This analysis has been approved through primary Q&A managed with different market experts, globally. Those primary sources have been sliced into three class on the basis of company type, description, and area.

• By Company category: Tier 1 - 62.0 percent, Tier 2 - 15.0 percent, and Tier 3 - 23.0 percent

• By Description: C-suite - 15.0 percent, D-level - 8.0 percent, and Others - 77.0 percent

• By Area: Europe (EU) - 31.0 percent, Asia Pacific (APAC) - 61.0 percent, and North America continent - 8.0 percent

The analysis also contains company descriptions and competitive landscape approved by the main market players, including Dow Chemical, Exxon Mobil, Borealis AG, Celanese Corporation, Chevron Phillips, E.I. du Pont de Nemours et compagnie (NYSE:DD, LyondellBasell Industries Holdings B.V., Qenos Pty. Limited, and SABIC to enhance their rank in the extrusion coating market.

Segment Research

This market report classifies the extrusion coating market based on material type, substrate, and area. It forecasts revenue increase and includes an study of the trends in each of the submarkets. These segments have been further described in detail in the market research. The value and volume forecasts for these segments have also been provided in the industry report until 2022. The study also comprises company analysis and competitive landscape that have been adopted by the main players operating in the extrusion coating market.

Reasons to acquire this industry report:

From an insight prospect, this market research has emphasized several levels of analyses - industry, market ranking of the top actors, and company descriptions. These insights together comprise and discuss the basic overviews on the competitive landscape, coming out and high-growth segments of the extrusion coating market, high-growth areas, and sector drivers, market restraints, opportunities, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the formulations of extrusion coatings provided by the top market actors.

• Product Development/Innovative products: In-depth understanding on the emerging technologies, Analysis & Growth activities, and recent product launches in the extrusion coating market.

• Market Development: Highlighted information on the lucrative, emerging sectors as the market research examines the extrusion coating market across different areas.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the extrusion coating market.

• opposing assessment: In-depth assessment of the strategies, products, and manufacturing competences of the key players in the extrusion coating market.

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