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Packaging Resins Market by Type, Application And Region - Global Forecast to 2022

Packaging Resins Market: Global Forecast until 2022

  • May 2018
  • 110 pages
  • ID: 5391648
In this report:
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The growth rate of shale gas in the US energy production is expected to grow from ##.##-##.##% by 2035.

Summary

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The packaging resins market is estimated to rise at a compound annual growth rate of 7.60 percent during the forecast period

The packaging resins market is projected at ~$192.2B in 2017 and is projected to extend ~$277.1B by 2022, at a compound annual growth rate of 7.60 percent between 2017 and 2022. Increasing demand from the food & beverage, FMCG, and healthcare markets, downsizing of packaging, and profitability, and rised shelf-life of products are forecast to steer the industry demand for packaging resins. Stringent regulations imposed on the use of plastics may pose a restraint for the industry, but to a lower extent.

Among applications, the healthcare segment is presumed to grow at the maximal CAGR (Compound annual growth rate) during the outlook period

The healthcare application is forecasted to be quickest-rising market for packaging resins due to the growing demand from the pharmaceutical production market.Packaging resins enable the protection of healthcare products from moisture, gas, light, and temperature.

These factors are forecast to steer the packaging resins market for the healthcare application.

Among category, the polypropylene segment is expected to increase at the maximal compound annual growth rate (CAGR) between 2017 and 2022

Polypropylene is anticipated to be the quickest-increasing segment of the packaging resins market by category, due to its properties, including excellent low temperature impact strength, high heat deflection temperature, and rigidity.

The packaging resins market in the Asia Pacific is expected to rise at the highest CAGR (Compound annual growth rate) during the estimate period

The packaging resins market in the Asia Pacific is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period due to the increasing food & beverage and Fast-Moving Consumer Goods sectors. Growing demand for applications, including food & beverages, healthcare, and consumer goods markets are driving the sector for packaging resins in the territory.

This analysis was validated through primaries managed with different market experts, global. The primary sources were divided into 3 class, that is, company category, description, and area.

• By Company category - Tier 1 - 70.0 percent, Tier 2 -20.0 percent, and Tier 3 - 10.0 percent

• By Description - C-suite - 5.0 percent, D-level - 20.0 percent, and Others - 75.0 percent

• By Area - North America continent - 10.0 percent, Europe (EU) - 35.0 percent, Asia Pacific (APAC) - 45.0 percent, Middle East (ME) & African continent -5.0 percent, and South America region - 5.0 percent

Companies Profiled in the Report:

Top players decribed in the market research contain ExxonMobil Corporation, Sinopec Corporation, LyondellBasell Industries Holdings B.V., Saudi Basic Industries Corporation, PetroChina Company Ltd., and DowDupont Inc..

Segment Research

The industry report affords business insights on packaging resins used for different applications across localities.It aims at evaluating the size of the packaging resins market during the outlook period and projects future increase potential of the market across several segments, including type, application, and area.

Moreover, the study also comprises a detailed competitive analysis of the top players in the packaging resins market, together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate industry top players/new sector entrants in the packaging resins market by providing them the closest approximations of the revenues for the global market and its different subsegments.This industry report will facilitate partners obtain a better understanding of the competitive landscape and gain insights to improve their businesses and devise suitable market strategies.

The market research will also assist partners comprehend the pulse of the sector and help acquire info on main market drivers, market restraints, opportunities, and alternatives impacting the increase of the packaging resins market.

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