Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Pacific LDPE Extrusion Coating Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 3.9% during the review period (2022 to 2027).
Pacific LDPE Extrusion Coating Market Overview
Extrusion coating is a procedure used to quote thermoplastic polymeric materials on different substrates by the application of heat and pressure. The substrates might be polyester films, aluminum foil, paperboard or even biaxially oriented polypropylene (BOPP) films. Extrusion coatings have a wide array of applications introducing drink containers, tubes for toothpaste and other materials, transport packaging, industrial wrappings, and more. Thus, extrusion coating is widely used in different end user industries including food & beverage, pharmaceutical, construction, consumer goods, and others.The increase in demand for food & beverage industries has played a key role in driving the growth of the extrusion coating market. It is majorly used for flexible packaging of various food items such as dairy products, meat & poultry, and other frozen foods. The extrusion coating also offers advantages including prolonged shelf life, lower costs, and the capability to retain the freshness of the product. On the other hand, extrusion coatings also play a vital role in the packaging of several pharmaceutical and personal care products. Excellent properties including aberration resistance, chemical stability, and reduced water vapor transfer also drive the demand for extrusion coatings in these industries. However, the fluctuating prices of raw materials limit the market growth.The liquid packaging application accounted for the largest share in the extrusion coatings market globally.Liquid packaging involves applications used for both short and long-shelf-life products (dairy as well as non-dairy).
Industry News
LyondellBasell to Address Wells Fargo Industrials Conference May 2, 2022
LyondellBasell (LALLF) (NYSE: LYB), a leader in the global chemical industry, today announced Michael McMurray, executive vice president and chief financial officer, will participate in a fireside chat at the Wells Fargo Industrials Conference on Thursday, May 5, 2022, at 1:20 p.m. EDT.
What are the major Applications, Types and Regions for Pacific LDPE Extrusion Coating Market?
Pacific LDPE Extrusion Coating Market is segmented based on the type, applications, companies and regions.
By Type, Pacific LDPE Extrusion Coating Market has been segmented into
- Tubular Process
- Autoclave Process
The end user’s industry application on Pacific LDPE Extrusion Coating Market are,
- Dairy Packaging
- Non-alcoholic Beverage Packaging
- Laminated Paper Packaging
- Others
Pacific LDPE Extrusion Coating Market Regional Analysis
Asia-Pacific represented the largest regional market for extrusion coatings market globally. The major countries, responsible for the consumption of extrusion coatings in the region, include China, India, and ASEAN countries.
The report offers in-depth assessment of the growth and other aspects of the Pacific LDPE Extrusion Coating Market in important regions, including the
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Pacific LDPE Extrusion Coating Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 3.9% during the review period (2022 to 2027).
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By Type
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- Tubular Process
- Autoclave Process
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By Application
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- Dairy Packaging
- Non-alcoholic Beverage Packaging
- Laminated Paper Packaging
- Others
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By Companies
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LyondellBasell, DowDuPont, ExxonMobil Chemical, Sinopec Beijing Yanshan, LG, Westlake Chemical, SABIC, Chevron Phillips Chemical, Ineos, Braskem, TPC and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages |
117 |
Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Pacific LDPE Extrusion Coating Report
- Evaluate Pacific LDPE Extrusion Coating market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Pacific LDPE Extrusion Coating market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions What is the study period of this market?
The Pacific LDPE Extrusion Coating Market is studied from 2022 - 2027.
What is the growth rate of Pacific LDPE Extrusion Coating market?
The Pacific LDPE Extrusion Coating Market is growing at a CAGR of 3.9% over the next 5 years.
Who are the key players in Pacific LDPE Extrusion Coating market?
LyondellBasell, DowDuPont, ExxonMobil Chemical, Sinopec Beijing Yanshan, LG, Westlake Chemical, SABIC, Chevron Phillips Chemical, Ineos, Braskem, TPC and others.
What region does this Pacific LDPE Extrusion Coating market report covers?
North America (the United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.