Extrusion Coating Market worth 4.32 Billion USD by 2021

The report "Extrusion Coating Market by Material Type (LDPE, EVA, Polypropylene, Polyethylene Terephthalate), Substrate (Paperboard, Films, Aluminum Foil, Polymer), Application (Liquid Packaging, Flexible Packaging, Commercial Packaging) - Global Forecast to 2021", The global extrusion coatings market is projected to reach USD 4.32 Billion by 2021, registering a CAGR of 5.1% between 2016 and 2021. This growth is expected to be driven by the high demand from the packaging industry and increasing demand for extrusion coatings in Asia-Pacific, South America, and the Middle-East & African regions.

Browse 125 market data Tables and 49 Figures spread through 280 Pages and in-depth TOC on "Extrusion Coating Market - Global Forecast to 2021"

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=257330090

Early buyers will receive 10% customization on this report.

LDPE: The most-widely used material for extrusion coating

LDPE is widely used for extrusion coating due to their easy processing, higher melt strength, and superior optical properties. It has good moisture barrier and sealability properties and, hence, is used in applications such as liquid packaging, food packaging, folding carton, and others. It is resistant to impact, moisture, and chemicals and are recyclable. LDPE is the largest and fastest-growing type of polymer used in the extrusion coating market. The growing use of packaging material manufactured using LDPE resins in various end-use industries such as automotive, building & construction, medical & pharmaceutical, consumer goods, and others is expected to drive the extrusion coating market in the coming future.

Request Sample @ http://www.marketsandmarkets.com/requestsample.asp?id=257330090

Liquid Packaging: The largest application for extrusion coating

Liquid packaging is the largest application segment of the extrusion coating market. Extrusion coatings are used widely for packaging in various end-use industries such as food & beverages, medical & pharmaceutical, and others. The various liquid packaging available today are bag-in-box, bottles, caps & closures, and stand-up pouches. They are used for packaging of various products such as liquids & beverages, wine & spirits, and detergents & household cleaning items.

Asia-Pacific: The largest market for extrusion coatings

Asia-Pacific is the global forerunner in the global extrusion coatings market, in terms of value and volume, and is expected to continue till 2021. Countries in this region such as China, India, Japan, South Korea, Malaysia, and Indonesia are witnessing significant increase in the use of extrusion coatings for packaging in the food & beverages industry. This growth is mainly due to the rapid economic growth and increasing population. Globally, China is projected to be the fastest-growing market between 2016 and 2021.

The extrusion coatings market has a few global players competing for their market share. These companies are actively investing in various strategies such as new product developments, acquisitions, and expansion projects globally to increase their market share. Major players such as The Dow Chemical Company (U.S.), AkzoNobel N.V. (Netherlands), Mondi Plc. (Austria), Exxon Mobil Corporation (U.S.), Bobst Group SA (Switzerland), and others have adopted various organic and inorganic developmental strategies.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441

Email: sales@marketsandmarkets.com

Comments

Post a Comment

Popular posts from this blog

Membranes Market: Emerging Applications, Challenges, Opportunities and Future Prospects by 2029

Image
The membranes market is projected to reach USD 11.1 billion by 2029, at a CAGR of 8.6% from USD 7.4 billion in 2024. The growth of the global membranes market is fueled by rising concerns about wastewater discharge and drinking water quality . Growing demand from various end-use industries such as food & beverage, pulp & paper, chemical & pharmaceutical, pharmaceutical, oil & gas, textile, and power play a pivotal role in propelling market growth. The increasing awareness about personal care will increase the demand for potable water, which will drive the demand for membranes in water treatment. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1176 On the basis of material , the polymeric segment accounted for the largest share in the membranes market. Polymeric membranes are highly versatile in design and functionality, as they can be customized for specific applications by modifying pore size, surface chemistry, and structural co...
Read more

Flexible foam Market : Analyzing Size, Growth, Trends, Opportunities, Segments, Regional Analysis, Top Players and Forecast with Graphical Insights

Image
The Flexible foam Market   s estimated at USD 42.7 billion in 2023 and is projected to reach USD 56.9 billion by 2028, at a CAGR of 5.9%. Flexible foams are used as cushioning material in different end-use products such as beds, mattresses, chairs, garden furniture pillows, carpet cushions, and automobile parts (seats, armrest, and headrests), among others. The global flexible foam market is driven by increasing demand for furniture & bedding, rise in living standards of people, and growing per capita income of the population in emerging markets such as the Asia-Pacific, South American, and Middle Eastern & African regions. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162971324 The polyurethane segment to account for larger share in the flexible foam market in 2022. The polyurethane segment accounted for the largest share in the global flexible foam market in 2022. Polyurethane flexible foam is widely used in the furniture and beddin...
Read more

Ceramic & Porcelain Tableware Market - Exploring Opportunities, Trends, Emerging Technologies, and Regional Growth

The report titled " Ceramic & Porcelain Tableware Market by Material (Bone China, Porcelain, Stoneware), Technology (Slip Casting, Pressure Casting, Isostatic Casting), Product, Application, Distribution Channel, and Region - Global Forecast to 2028 " projects significant growth, with the market expected to increase from USD 6.7 billion in 2023 to USD 8.1 billion by 2028. This growth represents a CAGR of 4.1% from 2023 to 2028. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=12857471 Market Overview: The ceramic and porcelain tableware market continues to thrive, driven by the demand for durable, high-quality products that enhance dining experiences. Consumers' desire for elegant and long-lasting tableware has led to a surge in popularity, especially for items that combine functionality with sophistication. Material Trends: Porcelain: Expected to be the fastest-growing material segment, porcelain's timeless elegance, durability, ...
Read more