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Extrusion Coating Market 2018: Record Ascending Growth Forecast 2025 With Dominated Players Celanese, Reliance Industries Limited, Solvay, NOVA Chemicals, Hanwha Group Kuraray Asia Pacific Pte. Ltd. NUC Corporation And Others
Extrusion Coating Market
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Extrusion Coating Market is expected to reach USD 6.2 billion by 2025, from USD 4.1 billion in 2017 growing at a CAGR of 5.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Extrusion Coating Market Present, By Type (Low Density Polyethylene (LDPE), Ethylene Vinyl Acetate (EVA), Polypropylene (PP), Others), By Substrate (Paper & Paperboard, Polymer Films, Aluminium Foil, Other), By Application (Transportation, Liquid Packaging, Photographic, Flexible Packaging, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Competitive Landscape: Extrusion Coating Market
The global extrusion coating market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of the extrusion coating market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
The key players operating in the global extrusion coating market are –
• Eastman Chemical Company
• DuPont.
• Exxon Mobil Corporation
• Lyondellbasell Industries Holdings B.V.
• Borealis AG,
• The Dow Chemical Company,
• Celanese Corporation,
• Qenos Pty. Ltd.,
• Reliance Industries Limited,
• Solvay,
• Westlake Chemical Corporation,
• Arkema S.A.,
• Qenos Pty. Ltd.,
• Nova Chemicals Corporation,
• Schulman, Inc.,
• Hanwha Group,
• Kuraray Co. Ltd.,
• Celanese Corporation,
• Formosa Plastics Corporation,
• NUC Corporation,
• Westlake Chemical Corporation
• Among other.
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Segmentation: Global Extrusion Coating Market
By Type
• Low Density Polyethylene (LDPE)
• Ethylene Vinyl Acetate (EVA)
• Polypropylene (PP)
• Other
By Substrate
• Paperboard
• Plastic Films
• Cellulose
• Paper
• Aluminium Foils
By Application
• Transportation
• Liquid Packaging
• Photographic
• Flexible Packaging
• Others
Market Drivers:
• Growing demand for extrusion coating in Asia-Pacific and the Middle East & Africa
• Rising demand by food & packaging industry
• Increasing use of extrusion coating by end user industries.
Market Restraint:
• Environmental concerns
• Rising demand for substitution products such as bio-based polymers
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