DUBLIN--(BUSINESS WIRE)--The "Extrusion Coating Market by Material Type (LDPE, EVA, PP), Substrate (Paper & Paperboard, Polymer Films, Aluminum Foil), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
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.
Companies Mentioned
- A. Schulman, Inc.
- Arkema S.A.
- Borealis AG
- Celanese Corporation
- Chevron Phillips Chemical Company
- Dupont
- Eastman Chemical Company
- Exxon Mobil Corporation
- Formosa Plastics Corporation
- Hanwha Group
- Ineos
- Kuraray Co. Ltd.
- Lucobit Ag
- Lyondellbasell Industries Holdings B.V.
- Nova Chemicals Corporation
- Nuc Corporation
- Qenos Pty. Ltd.
- Reliance Industries Limited
- Repsol
- Sabic
- Solvay
- The DOW Chemical Company
- The Lubrizol Corporation
- The Polyolefin Company (Singapore) Pte Ltd.
- Westlake Chemical Corporation
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Extrusion Coating Market, By Material Type
7 Extrusion Coating Market, By Substrate
8 Extrusion Coating Market, By Application
9 Extrusion Coating Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/jt3qf4/extrusion_coating
