The report [158 pages] "Extrusion Coating Market Market by Material Type (LDPE, EVA, PP), Substrate (Paper & Paperboard, Polymer Films, Aluminum Foil), and Region - Global Forecast to 2022" published by MarketsandMarkets™, the market was valued at USD 4.10 Billion in 2016 and is projected to reach USD 5.64 Billion by 2022, at a CAGR of 5.5% during the forecast period. In this study, 2016 has been considered as the base year and 2017 to 2022 as the forecast period for estimating the market size for extrusion coating. The growth of the Extrusion Coating Market across the globe is fueled by the high demand from the packaging industry and increasing global demand for extrusion coatings in Asia Pacific, South America, and Middle East & Africa region.
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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.
Table of Contents
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
There are a few global players operating in the Extrusion Coating Market. These companies are actively investing in various strategies, such as expansions, new product launches, mergers & acquisitions, and joint ventures to increase their market shares to further strengthen their position in the Extrusion Coating Market. 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 who have adopted various organic and inorganic strategies to ensure their growth in this market.
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