Packaging Coating Additives Market to Grow at 4.9 % CAGR and Projected to Cross USD 874.5 million by 2023

The packaging coating additives market, by function is segmented into slip, antistatic, anti-fog, anti-block, and antimicrobial. Antimicrobial additives are used to prevent the growth of infection and fever-causing microorganisms such as bacteria, fungi, algae, mildew, and other parasites. Antimicrobial additives possess characteristics such as water repellency, solubility, and pH stability.

The packaging coating additives market is projected to grow from USD 688.4million in 2018 to USD 874.5 million by 2023, at a CAGR of 4.9% from 2018 to 2023.The packaging coating additives market is expected to witness growth owing to the increasing demand from packaging applications such as food packaging, consumer packaging, and industrial packaging.

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Food packaging application segment accounted for largest share of packaging coating additives market in 2017. It is also estimated to be the fastest-growing market during the forecast period 2018–2023. Significant rise in the income of the middle-class population of economies such as China and India resulting in an improvement in the living standards, and increased demand for packaged food is resulting in the growth of the food packaging application.

Key Target Audience
• Manufacturers of Packaging Coating Additives
• Traders, Distributors, and Suppliers of Packaging Coating Additives
• Application Industries
• Government and Research Organizations
• Associations and Industrial Bodies
• Research and Consulting Firms
• R&D Institutions
• Environment Support Agencies
• Investment Banks and Private Equity Firms

Asia Pacific packaging coating additives market has been studied for China, Japan, India, Indonesia, and the Rest of Asia Pacific. The Asia Pacific region is an emerging and lucrative market for packaging coating additives owing to the increasing demand for food packaging and improving economic conditions.

Click Here For More Information on Packaging Coating Additives Market Top Trends and Company Profiles at http://www.rnrmarketresearch.com/packaging-coating-additives-market-by-function-slip-anti-static-anti-fog-anti-block-antimicrobial-formulation-water-based-solvent-based-powder-based-application-food-industrial-healthcare-consumer-st-to-2023-market-report.html .

The report defines, segments, and projects the packaging coating additives market based on function, formulation, application, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers and opportunities. It also strategically profiles key players and comprehensively analyzes their market shares and core competencies.

Packaging Coating Additives Market, By Function
1 Introduction
2 Anti-Block
3 Anti-Fog
4 Antimicrobial
5 Antistatic
6 Slip

Packaging Coating Additives Market, By Formulation
1 Introduction
2 Water-Based
3 Solvent-Based
4 Powder-Based

Packaging Coating Additives Market, By Application
1 Introduction
2 Food Packaging
3 Industrial Packaging
4 Healthcare Packaging
5 Consumer Packaging

The packaging coating additives market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, and government organizations. Companies operating in the packaging coating additives market include Croda International Plc (UK), BASF SE (Germany), Clariant AG (Switzerland), Lonza Group (Switzerland), 3M Company (US), Arkema Group (France), Evonik Industries AG (Germany), Solvay S.A. (Belgium), etc.

Order the Report of “Packaging Coating Additives Market by Function (Slip, Anti-Static, Anti-fog, Anti-block, Antimicrobial), Formulation (Water-based, Solvent-based, Powder-based), Application (Food, Industrial, Healthcare, Consumer), and Region - Global forecast to 2023” Now at http://www.rnrmarketresearch.com/contacts/purchase?rname=1716661 .

Reasons to Buy the Report:
The report will help market leaders/new entrants in this market by providing them the closest approximations of revenue numbers for the overall packaging coating additive market and its sub segments. This report will help stakeholders better understand the competitive landscape and gain insights to better position their businesses and make suitable go-to-market strategies.

Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 35%, Tier 2 – 41%, Tier 3 – 24%
• By Designation: C level – 56%, Director level – 28%, Others – 16%
• By Region: Asia Pacific – 33%, North America – 27%, Europe– 20%, Middle East & Africa – 13%, South America – 7%

It will also help stakeholders understand the pulse of the market and provide information on key market drivers, restraints, and opportunities.

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