Extrusion Coating Market by Material Type (LDPE, EVA, PP), Substrate (Paper & Paperboard, Polymer Films, Aluminum Foil), and Region - Global Forecast to 2022

  • ID: 4416252
  • Report
  • Region: Global
  • 165 Pages
  • Markets and Markets
1 of 4
Extrusion Coating Market Projected to Reach USD 5.64 Billion by 2022, at a CAGR of 5.5%

FEATURED COMPANIES

  • A. Schulman, Inc.
  • Celanese Corporation
  • Exxon Mobil Corporation
  • Kuraray Co. Ltd.
  • Qenos Pty. Ltd.
  • Solvay
  • MORE

"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 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.

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

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.

"The Asia Pacific extrusion coating market is projected to grow at the highest CAGR during the forecast period"

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.

This study has been validated through primary interviews conducted with various industry experts, globally. These primary sources have been divided into three categories on the basis of company type, designation, and region.

  • 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%

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), LyondellBasell Industries Holdings B.V. (US), Qenos Pty. Ltd. (Australia), and SABIC (Saudi Arabia) to strengthen their position in the extrusion coating market.

Research Coverage

This research report categorizes the extrusion coating market on the basis of material type, substrate, and region. It forecasts revenue growth and includes an analysis of the trends in each of the submarkets. These segments have been further described in detail in the report. The value and volume forecasts for these segments have also been provided in the report till 2022. The report also includes company profiles and competitive strategies that have been adopted by the major players operating in the extrusion coating market.

Reasons to Buy this Report:

From an insight perspective, this research report has focused on various levels of analyses-industry analysis (industry trends), market ranking of the top players, and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the extrusion coating market, high-growth regions, and market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the formulations of extrusion coatings offered by the top market players.
  • Product Development/Innovation: Detailed insights on the emerging technologies, Research & Development (R&D) activities, and new product launches in the extrusion coating market.
  • Market Development: Comprehensive information on the lucrative, emerging markets as the report analyzes the extrusion coating market across different regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the extrusion coating market.
  • Competitive Assessment: In-depth assessment of the strategies, products, and manufacturing capabilities of the leading players in the extrusion coating market.
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • A. Schulman, Inc.
  • Celanese Corporation
  • Exxon Mobil Corporation
  • Kuraray Co. Ltd.
  • Qenos Pty. Ltd.
  • Solvay
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in Extrusion Coating Market
    4.2 Extrusion Coating Market, By Material Type (2017-2022)
    4.3 Extrusion Coating Market in Asia-Pacific, By Substrate and Country, 2016
    4.4 Extrusion Coating Market: Emerging vs. Mature Countries
    4.5 Extrusion Coating Market, By Application (2017-2022)

5 Market Overview
    5.1 Introduction
    5.2 Extrusion Coating Process
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Use of Extrusion Coating in Various Industries
                    5.3.1.2 High Demand for Extrusion Coating in Asia-Pacific and the Middle East & Africa
           5.3.2 Restraints
                    5.3.2.1 Increasing Demand for Substitution Products Such as Bio-Based Polymers
           5.3.3 Opportunities
                    5.3.3.1 Growing Packaging Sector
           5.3.4 Challenges
                    5.3.4.1 Increasing Carbon Footprint
    5.4 Porter’s Five Forces Analysis
           5.4.1 Bargaining Power of Suppliers
           5.4.2 Threat of New Entrants
           5.4.3 Threat of Substitutes
           5.4.4 Bargaining Power of Buyers
           5.4.5 Intensity of Competitive Rivalry
    5.5 Macroeconomic Indicators
           5.5.1 Trends and Forecast of GDP
           5.5.2 Population Statistics

6 Extrusion Coating Market, By Material Type
    6.1 Introduction
    6.2 Low-Density Polyethylene (LDPE)
    6.3 Ethylene-Vinyl Acetate (EVA)
    6.4 Polypropylene (PP)
    6.5 Others

7 Extrusion Coating Market, By Substrate
    7.1 Introduction
    7.2 Paper & Paperboard
    7.3 Polymer Films
    7.4 Aluminum Foil
    7.5 Other Substrates

8 Extrusion Coating Market, By Application
    8.1 Introduction
    8.2 Packaging
           8.2.1 Liquid Packaging
           8.2.2 Flexible Packaging
           8.2.3 Commercial Packaging
    8.3 Photographic
    8.4 Others

9 Extrusion Coating Market, By Region
    9.1 Introduction
    9.2 Asia-Pacific
           9.2.1 China
           9.2.2 Japan
           9.2.3 India
           9.2.4 South Korea
           9.2.5 Indonesia
           9.2.6 Rest of Asia-Pacific
    9.3 North America
           9.3.1 U.S.
           9.3.2 Canada
           9.3.3 Mexico
    9.4 Western Europe
           9.4.1 Germany
           9.4.2 France
           9.4.3 U.K.
           9.4.4 Italy
           9.4.5 Spain
           9.4.6 Rest of Western Europe
    9.5 Central & Eastern Europe
           9.5.1 Russia
           9.5.2 Turkey
           9.5.3 Rest of Central & Eastern Europe
    9.6 Middle East & Africa
           9.6.1 UAE
           9.6.2 Africa
           9.6.3 Saudi Arabia
           9.6.4 Rest of Middle East
    9.7 South America
           9.7.1 Brazil
           9.7.2 Argentina
           9.7.3 Rest of South America

10 Competitive Landscape
     10.1 Market Ranking of Key Players

11 Company Profiles
     11.1 The Dow Chemical Company
     11.2 Borealis AG
     11.3 Celanese Corporation
     11.4 Chevron Phillips Chemical Company
     11.5 Dupont
     11.6 Exxon Mobil Corporation
     11.7 Lyondellbasell Industries Holdings B.V.
     11.8 Qenos Pty. Ltd.
     11.9 SABIC
     11.10 Ineos
     11.11 Additional Company Profiles
             11.11.1 Arkema S.A.
             11.11.2 Lucobit AG
             11.11.3 The Lubrizol Corporation
             11.11.4 Formosa Plastics Corporation
             11.11.5 Repsol
             11.11.6 The Polyolefin Company (Singapore) Pte Ltd.
             11.11.7 Nova Chemicals Corporation
             11.11.8 Eastman Chemical Company
             11.11.9 Reliance Industries Limited
             11.11.10 Hanwha Group
             11.11.11 NUC Corporation
             11.11.12 Westlake Chemical Corporation
             11.11.13 Kuraray Co. Ltd.
             11.11.14 Solvay
             11.11.15 A. Schulman, Inc.

List of Tables
Table 1 Trends and Forecast of GDP, 2016-2022 (USD Million)
Table 2 Population Data in Thousands (2015 and 2016)
Table 3 Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 4 Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 5 LDPE Extrusion Coating Market Size , By Region, 2015-2022 (USD Million)
Table 6 LDPE Extrusion Coating Market Size, By Region, 2015-2022 (Kiloton)
Table 7 EVA Extrusion Coating Market Size, By Region, 2015-2022 (USD Million)
Table 8 EVA Extrusion Coating Market Size, By Region, 2015-2022 (Kiloton)
Table 9 PP Extrusion Coating Market Size, By Region, 2015-2022 (USD Million)
Table 10 PP Extrusion Coating Market Size, By Region, 2015-2022 (Kiloton)
Table 11 Others Extrusion Coating Market Size, By Region, 2015-2022 (USD Million)
Table 12 Others Extrusion Coating Market Size, By Region, 2015-2022 (Kiloton)
Table 13 Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 14 Extrusion Coating Market Size in Paperboard, By Region, 2015-2022 (USD Million)
Table 15 Extrusion Coating Market Size in Polymer Films, By Region, 2015-2022 (USD Million)
Table 16 Extrusion Coating Market Size in Aluminum Foil, By Region, 2015-2022 (USD Million)
Table 17 Extrusion Coating Market Size on Other Substrates By Region, 2015-2022 (USD Million)
Table 18 Extrusion Coating Market Size, By Application, 2015-2022 (USD Million)
Table 19 Extrusion Coating Market Size for Packaging Application, By Region, 2015-2022 (USD Million)
Table 20 Extrusion Coating Market Size for Photographic Application, By Region, 2015-2022 (USD Million)
Table 21 Extrusion Coating Market Size for Other Applications, By Region, 2015-2022 (USD Million)
Table 22 Extrusion Coating Market Size, By Region, 2015-2022 (USD Million)
Table 23 Extrusion Coating Market Size, By Region, 2015-2022 (Kiloton)
Table 24 Asia-Pacific: Extrusion Coating Market Size, By Country 2015-2022 (USD Million)
Table 25 Asia-Pacific: Extrusion Coating Market Size, By Country 2015-2022 (Kiloton)
Table 26 Asia-Pacific: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 27 Asia-Pacific: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 28 Asia-Pacific: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 29 Asia-Pacific: Extrusion Coating Market Size, By Application, 2015-2022 (USD Million)
Table 30 China: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 31 China: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 32 China: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 33 Japan: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 34 Japan: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 35 Japan: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 36 India: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 37 India: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 38 India: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 39 South Korea: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 40 South Korea: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 41 South Korea: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 42 Indonesia: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 43 Indonesia: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 44 Indonesia: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 45 Rest of Asia-Pacific: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 46 Rest of Asia-Pacific: Extrusion Coating Market Size, Material Type, 2015-2022 (Kiloton)
Table 47 Rest of Asia-Pacific: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 48 North America: Extrusion Coating Market Size, By Country, 2015-2022 (USD Million)
Table 49 North America: Extrusion Coating Market Size, By Country, 2015-2022 (Kiloton)
Table 50 North America: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 51 North America: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 52 North America: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 53 North America: Extrusion Coating Market Size, By Application, 2015-2022 (USD Million)
Table 54 U.S.: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 55 U.S.: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 56 U.S.: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 57 Canada: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 58 Canada: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 59 Canada: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 60 Mexico: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 61 Mexico: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 62 Mexico: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 63 Western Europe: Extrusion Coating Market Size, By Country, 2015-2022 (USD Million)
Table 64 Western Europe: Extrusion Coating Market Size, By Country, 2015-2022 (Kiloton)
Table 65 Western Europe: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 66 Western Europe: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 67 Western Europe: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 68 Western Europe: Extrusion Coating Market Size, By Application, 2015-2022 (USD Million)
Table 69 Germany: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 70 Germany: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 71 Germany: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 72 France: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 73 France: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 74 France: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 75 U.K.: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 76 U.K.: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 77 U.K.: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 78 Italy: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 79 Italy: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 80 Italy: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 81 Spain: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 82 Spain: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 83 Spain: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 84 Rest of Western Europe: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 85 Rest of Western Europe: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 86 Rest of Western Europe: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 87 Central & Eastern Europe: Extrusion Coating Market Size, By Country, 2015-2022 (USD Million)
Table 88 Central & Eastern Europe: Extrusion Coating Market Size, By Country, 2015-2022 (Kiloton)
Table 89 Central & Eastern Europe: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 90 Central & Eastern Europe: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 91 Central & Eastern Europe: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 92 Central & Eastern Europe: Extrusion Coating Market Size, By Application, 2015-2022 (USD Million)
Table 93 Russia: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 94 Russia: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 95 Russia: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 96 Turkey: Extrusion Coating Market Size, By Material Type, 2015-2022(USD Million)
Table 97 Turkey: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 98 Turkey: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 99 Rest of Central & Eastern Europe: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 100 Rest of Central & Eastern Europe: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 101 Rest of Central & Eastern Europe: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 102 Middle East & Africa: Extrusion Coating Market Size, By Country, 2015-2022 (USD Million)
Table 103 Middle East & Africa: Extrusion Coating Market Size, By Country, 2015-2022 (Kiloton)
Table 104 Middle East & Africa: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 105 Middle East & Africa: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 106 Middle East & Africa :Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 107 Middle East & Africa :Extrusion Coating Market Size, By Application, 2015-2022 (USD Million)
Table 108 UAE: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 109 UAE: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 110 UAE: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 111 Africa: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 112 Africa: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 113 Africa: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 114 Saudi Arabia: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 115 Saudi Arabia: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 116 Saudi Arabia: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 117 Rest of Middle East: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 118 Rest of Middle East: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 119 Rest of Middle East: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 120 South America: Extrusion Coating Market Size, By Country, 2015-2022 (USD Million)
Table 121 South America: Extrusion Coating Market Size, By Country, 2015-2022 (Kiloton)
Table 122 South America: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 123 South America: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 124 South America: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 125 South America: Extrusion Coating Market Size, By Application, 2015-2022 (USD Million)
Table 126 Brazil: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 127 Brazil: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 128 Brazil: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 129 Argentina: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 130 Argentina: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 131 Argentina: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)
Table 132 Rest of South America: Extrusion Coating Market Size, By Material Type, 2015-2022 (USD Million)
Table 133 Rest of South America: Extrusion Coating Market Size, By Material Type, 2015-2022 (Kiloton)
Table 134 Rest of South America: Extrusion Coating Market Size, By Substrate, 2015-2022 (USD Million)

List of Figures
Figure 1 Extrusion Coating Market Segmentation
Figure 2 Extrusion Coating Market: Research Methodology
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Extrusion Coating Market: Data Triangulation
Figure 6 LDPE to Be the Largest Type of Material Used for Extrusion Coating Market Between 2017 and 2022
Figure 7 Paper & Paperboard Segment to Dominate Extrusion Coating Market During Forecast Period
Figure 8 Asia-Pacific Was Largest Extrusion Coating Market in 2016
Figure 9 Packaging Application is Expected to Drive the Extrusion Coating Market, 2017-2022 (Kiloton)
Figure 10 LDPE to Be the Largest Segment During the Forecast Period
Figure 11 Paper & Paperboard Was the Largest Substrate for Extrusion Coating in Asia-Pacific in 2016
Figure 12 China to Emerge as the Most Lucrative Market Between 2017 and 2022
Figure 13 Packaging to Be the Largest and Fastest-Growing Application of Extrusion Coating
Figure 14 Extrusion Coating Process
Figure 15 Drivers, Restraints, Opportunities, and Challenges in Extrusion Coating Market
Figure 16 Porter’s Five Forces Analysis
Figure 17 Trends of GDP, 2016
Figure 18 LDPE to Drive the Extrusion Coating Market During the Forecast Period
Figure 19 Paper & Paperboard to Dominate the Extrusion Coating Market, 2017-2022
Figure 20 Asia-Pacific is the Largest Market for Packaging in the Extrusion Coating Market , Between 2017 and 2022
Figure 21 Global Market Snapshot: Asia-Pacific to Register the Highest Cagr, 2017-2022
Figure 22 Asia-Pacific Market Snapshot: China to Dominate Extrusion Coating Market
Figure 23 North America Regional Snapshot: the U.S. to Lead the Extrusion Coating Market
Figure 24 Western Europe Regional Snapshot: France to Witness the Fastest-Growth in the Forecast Period
Figure 25 Central & Eastern Europe Regional Snapshot, 2017-2022
Figure 26 Middle East & Africa Regional Snapshot, 2017-2022
Figure 27 South America Regional Snapshot: Brazil to Lead the Extrusion Coating Market
Figure 28 Extrusion Coating Market Ranking, 2016
Figure 29 The Dow Chemical Company: Company Snapshot
Figure 30 Borealis AG: Company Snapshot
Figure 31 Celanese Corporation: Company Snapshot
Figure 32 Chevron Phillips Chemical Company: Company Snapshot
Figure 33 Dupont: Company Snapshot
Figure 34 Exxon Mobil Corporation: Company Snapshot
Figure 35 Lyondellbasell Industries Holdings B.V.: Company Snapshot
Figure 36 SABIC: Company Snapshot

Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4

FEATURED COMPANIES

  • A. Schulman, Inc.
  • Celanese Corporation
  • Exxon Mobil Corporation
  • Kuraray Co. Ltd.
  • Qenos Pty. Ltd.
  • Solvay
  • MORE

The extrusion coating market is projected to reach USD 5.64 Billion by 2022, at a CAGR of 5.5% from 2017 to 2022. The high demand for extrusion coatings inform the packaging sector in the Asia Pacific region and continuous expansions and new product development activities undertaken by different companies are the key factors driving the growth of the global extrusion coating market.

LDPE is projected to be the most-dominant material segment between 2017 and 2022. LDPE is of great importance due to its extraordinary characteristics such as good moisture barrier and sealability properties and hence is used in applications such as liquid packaging, flexible packaging, and others. The growing application of LDPE in various end-use industries such as packaging, automotive, building & construction, medical & pharmaceutical, and others is expected to drive the extrusion coating market in the future.

Paper & paperboard is the most used substrate in the extrusion coating market. This is due to the increased use of paper & paperboard for liquid packaging. The increasing demand for this substrate is due to its superior properties. It is environment-friendly and hence various countries are adopting it for food & beverage packaging.

Asia Pacific is the global forerunner in the extrusion coating market, in terms of value and volume, and this trend is expected to continue till 2022. Countries in this region such as China, India, Japan, South Korea, and Indonesia are witnessing significant increase in the use of extrusion coatings in the packaging segment of the food & beverages industry. The growth of the Asia Pacific extrusion coating market is also attributed to the rapid economic growth and increasing population that is driving the demand for extrusion coating materials from various end-use industries in this region. China is the fastest-growing market and this trend is estimated to continue till 2022.

Extrusion Coating Market

Though the extrusion coating market is expected to grow at a fast pace across the globe, the increasing carbon footprint due to the use of polymer resins is a major restraint toward the growth of the extrusion coating market. Polymers used in extrusion coatings are LDPE, EVA, PP, and others. Processing these polymers results in harmful byproducts generated during the processing which could also lead to an increase in carbon footprint.

Dow Chemical (US), Exxon Mobil (US), Borealis AG (Austria), Celanese Corporation (US), Chevron Phillips (US), DuPont (US), LyondellBasell Industries Holdings B.V. (US), Qenos Pty. Ltd. (Australia), and SABIC (Saudi Arabia) are the leading players in the extrusion coating market. These companies have adopted various organic and inorganic growth strategies, such as expansions, mergers & acquisitions, collaborations/partnerships/agreements, and new product launches to enhance their shares in the extrusion coating market.

Note: Product cover images may vary from those shown
5 of 4
  • 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.
  • NUC Corporation
  • Nova Chemicals 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
Note: Product cover images may vary from those shown
6 of 4
Note: Product cover images may vary from those shown
Adroll
adroll