Extrusion Coating Industry 2017 Report of Market Trends, Size, Share, Insights, Analysis and Forecast

The Extrusion Coating Market report states increased demand from the food & beverages packaging industry is driving the growth of the extrusion coating market across the globe. The Extrusion Coating Market is growing and the experts have predicted the future stats of Extrusion Coating. Extrusion Coating Market report contains the top corporate profiles and strategies with industry analysis and trends.

Complete report is now available on Extrusion Coating Market by Material Type (LDPE, EVA, PP), Substrate (Paper & Paperboard, Polymer Films, Aluminum Foil), and Region – Global Forecast to 2022 at http://www.rnrmarketresearch.com/extrusion-coating-market-by-material-type-ldpe-eva-polypropylene-polyethylene-terephthalate-substrate-paperboard-films-aluminum-foil-polymer-application-liquid-packaging-flexible-packaging-commercial-st-to-2021-market-report.html

The extrusion coating market is projected to reach USD 5.64 billion by 2022, at a CAGR of 5.5% from 2017 to 2022. Increasing demand for extrusion coating from the packaging industry is the major driver for the growth of the extrusion coating market. The demand for extrusion coating across the packaging industry for liquid packaging and flexible packaging is high. Liquid packaging and flexible packaging are widely used in the food & beverage industry. Hence, these factors are expected to drive the market of extrusion coating. On the other hand, the use of substitute products such as bio-based resins acts as a restraint to the market.

The LDPE segment of the extrusion coating market is projected to grow at the highest CAGR during the forecast period from 2017 to 2022. The growth of this segment can be attributed to the increased use of LDPE for packaging industry. The use of LDPE for packaging of food & beverages is driving the market. The polymer films segment is also expected to grow at a significant rate due to the increasing demand from the flexible packaging application. Increasing demand for innovative and lightweight packaging is driving the demand for flexible packaging.

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Break of primary participants in Extrusion Coating Market was as mentioned below:

By Company Type: Tier 1 – 62%, Tier 2 – 15%, and Tier 3 – 23%

By Designation: C-Level – 15%, Director Level – 8%, and Others – 77%

By Region: Europe – 31%, Asia Pacific – 61%, and North America – 8%

Major players of Extrusion Coating Market Report are:

The report also includes company profiles and competitive strategies adopted by the major market players, such as Dow Chemical (US), Exxon Mobil (US), Borealis AG (Austria), Celanese Corporation (US), Chevron Phillips (US), DuPont (US), Lyondell Basell Industries Holdings B.V. (US), Qenos Pty. Ltd. (Australia), and SABIC (Saudi Arabia) to strengthen their position in the extrusion coating market.

FAQ’s regarding the Extrusion Coating Market Report are:

Market Penetration of Extrusion Coating Market Report:
Comprehensive information on the product portfolios of the top players in the Extrusion Coating market

Product Development/Innovation of Extrusion Coating Market Report:
Detailed insights on the upcoming technologies, R&D activities, and product launches in the Extrusion Coating market

Competitive Assessment of Extrusion Coating Market Report:
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Extrusion Coating market

Market Development of Extrusion Coating Market Report:
Comprehensive information about emerging markets. This report analyzes the market for various Extrusion Coating products across geographies

Market Diversification of Extrusion Coating Market Report:
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Extrusion Coating market

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Asia Pacific is the largest market for extrusion coatings globally, with China being the most dominant market in the region. This region is also witnessing the highest growth rate, which is attributed to the ongoing rapid economic expansion in the region. In addition, rapid developments in the packaging industry are also driving the demand for extrusion coatings for food & beverages, medical & pharmaceutical, and other applications in the region.

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