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China Extrusion Coatings Market to witness Double Digit Growth, finds Bekryl Intelligence

12-10-2018 11:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Bekryl Market Analysts

Bekryl Market Intelligence Report | China Extrusion Coatings Industry Report 2018-2028

Bekryl Market Intelligence Report | China Extrusion Coatings Industry Report 2018-2028

China is one of the leading destination for extrusion coatings players. The region accounted for highest sales in 2017. Lower operational cost, availability of cheap workforce and relatively larger market size is driving the overall sales of extrusion coatings in the country.

According to the recently released report by Bekryl, Asia Pacific dominated the global sales, accounting for 43% of global share. Of this, China accounted for close to half of the total sales. The country is not only the leading consumer but also the highest producing nation worldwide. Production facilities is located across Eastern belt of China. Many small scale players could be seen in the belt. These companies primarily trade in export and contractual production for leading companies.

China Extrusion Coatings Market, By Application

Extrusion coatings find its highest usage in liquid packaging. Convenient packaging has been at core focus for manufactures. Changing lifestyle is one such factor driving the demand for convenient packaging. This has led to increase in sales of liquid packaging. High flexibility, low weight, and easy to carry are other key characteristics of liquid packaging. Overall, liquid packaging is expected to register 5.1% CAGR growth during the forecast period, which in turn will create favorable ecosystem for extrusion coatings.

View full report, browse TOC and request Report Sample:

https://bekryl.com/industry-trends/extrusion-coatings-market-size-analysis

ekryl Market Analysts is global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today's disruptive business environment. We bring together data, leader's opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

Company Name: Bekryl Market Analysts
Contact Person: Burke B.
Email: Send Email
Phone: +1 347 752 5777
Address:99 Wall Street Suite 622
City: New York
State: New York
Country: United States

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