Press release
Expansions, Acquisitions, and New product developments Key Growth strategies adopted by Key players in Packaging Coating Additives Market
The packaging coating additives market is estimated at USD 688.4 million in 2018 and is projected to reach USD 874.5 million by 2023, at a CAGR of 4.9% from 2018 to 2023. The growing demand for packaging coating additives in food packaging and consumer applications is fueling the growth of packaging coating additives market.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55127476
Major players operating in the packaging coating additives 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. The key growth strategies adopted by these companies include expansions, acquisitions, and new product developments.
BASF operates as a chemical company, globally, through six business segments, namely, chemicals, performance products, functional materials & solutions, agricultural solutions, oil & gas, and others. The company provides polymer additives through its performance products segment. This segment comprises polymer dispersions, pigments, resins, formulation additives, and high-performance additives, which find applications in the plastics processing, printing, packaging, electronics, and paper industries. BASF SE has a strong global presence with more than 350 production sites. The company is a key player in the polymer additives market and has a strong client base across various verticals ranging from packaging, building & construction, and medical devices, among others. The company is focused on European and North America markets, which contributed around 70% to the company’s overall revenue in 2017. Strategically, the company has adopted both organic and inorganic approaches to increase its share in the packaging coating additives market. For instance, In July 2018, BASF planned to expand the global production capacity for its antioxidant Irganox 1010 by 40%, owing to the increasing demand from customers in Asia and Europe, Middle East and Africa.
Clariant AG was formed in 1995 as a spin-off of the chemical company Sandoz (Germany). The company, along with its subsidiaries, develops, manufactures, distributes, and sells a variety of specialty chemicals worldwide. It is one of the leading producers of specialty chemicals in the world. Clariant is increasingly investing to carry out R&D activities and to address key concerns, such as energy efficiency, use of renewable raw materials, emission-free mobility, and conserving non-renewable resources. It has been regularly involved in acquisitions to increase its market share worldwide. The R&D department of the company focuses on innovative and advanced technologies, which have enabled the company to launch quality products. For Instance, in June 2018, Clariant inaugurated two new, fully-owned additives facilities at its site in Zhenjiang, China. Clariant produces Ceridust micronized waxes and AddWorks synergistic additive solutions from these facilities for plastics, coatings, and ink industries. This has helped the company expand in the global market. Owing to its high-quality products, the company maintains a strong brand image in the packaging coating additives market.
Speak with Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=55127476
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
This study answers several questions for stakeholders, primarily the market segments which they need to focus upon during the next two to five years so that they may prioritize their efforts and investments accordingly.”
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Expansions, Acquisitions, and New product developments Key Growth strategies adopted by Key players in Packaging Coating Additives Market here
News-ID: 1681807 • Views: …
More Releases from MarketsandMarkets.com

Medical Robots Market Worth $33.8 billion | MarketsandMarkets™
Medical Robots Market in terms of revenue was estimated to be worth $16.0 billion in 2024 and is poised to reach $33.8 billion by 2029, growing at a CAGR of 16.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth in the medical robots market is driven by the aging population and rising chronic diseases, improving reimbursement scenario, and subsequent advancements in healthcare funding & infrastructure.…

Concrete Surface Retarders Market worth $89.4 million by 2023 : Major Players ar …
The report "Concrete Surface Retarders Market by Raw Material (Organic Agents and Inorganic Agents), Type (Water-based and Solvent-based), Application (Residential and Commercial), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2023", The concrete surface retarders market is projected to grow from USD 72.7 million in 2018 to USD 89.4 million by 2023, at a CAGR of 4.2% between 2018 and 2023. Increase in urban population, demand for…
Precast Concrete Market worth $174.1 billion by 2025 | Major Players are Lafarge …
The report "Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults, Pipes, Paving Slabs), Construction Type, End-use Sector (Residential, Non-residential) - Global Forecast to 2025" The global precast concrete market size is projected to grow from USD 130.6 billion in 2020 to USD 174.1 billion by 2025, at a CAGR of 5.9% from 2020 to 2025. The market is projected to grow…
Fire Stopping Materials Market worth $2.4 billion by 2026 : Major Players are Hi …
The report "Fire Stopping Materials Market by Type (Sealants, Mortar, Boards, Putty &Putty Pads, Cast-in Devices), by Application (Electrical, Mechanical, Plumbing), End-Use (Commercial, Industrial & Residential), and Region - Global Forecast to 2026" MarketsandMarkets: The fire stopping materials market is projected to reach USD 2.4 billion by 2026, at a CAGR of 11.6% from USD 1.4 billion in 2021. Fire stopping is a fire protection system for sealings of any…
More Releases for MarketsandMarkets
DeviceCon Series 2024 - UK Edition | MarketsandMarkets
Future Forward: Redefining Healthcare with Cutting-Edge Devices
Welcome to DeviceCon Series 2024 - Where Innovation Meets Impact!
Join us on March 21-22 at Millennium Gloucester Hotel, 4-18 Harrington Gardens, London SW7 4LH for a groundbreaking convergence of knowledge, ideas, and technology. MarketsandMarkets proudly presents the DeviceCon Series, an extraordinary blend of four conferences that promise to redefine the landscape of innovation in medical and diagnostic devices.
Register Now @ https://events.marketsandmarkets.com/devicecon-series-uk-edition-2024/register
MarketsandMarkets presents…
Automotive Engineering Services Market | MarketsandMarkets
Automotive engineering services deal with the design and development of automotive components and related technologies to address complex technical challenges in the vehicle development value chain. The engineering service process starts with conceptualization, designing, prototyping, system integration, and testing. Automotive engineering services include vehicle connectivity services, ADAS (advanced driver-assistance systems) and safety systems, interior & exterior design and body engineering services, passenger comfort, and others. These services assess different areas…
Global Automotive Glass Market | MarketsandMarkets
The Automotive Glass Market is projected to grow at a CAGR of 4.80%, to reach a market size of $23.59 billion by 2025.
The global market is driven by increasing vehicle production (especially in the SUV segment), upcoming smart glass & device embedded glass technologies, and increasing glass applications to improve the aesthetics of the car.
The key players in the automotive glass market are Saint-Gobain (France), Asahi Glass (Japan), Fuyao…
Rolling Stock Market (2021-2025) | MarketsandMarkets
The global Rolling Stock Market is estimated to be $51.6 billion in 2020 and is projected to reach $64.3 billion by 2025, growing at a CAGR of 4.5% from 2020 to 2025.
Asia Oceania is estimated to lead the market in 2020; China, Japan, and India are the key contributors to the rolling stock market in the region. Increasing urbanization, adoption of public transport as a means of reducing traffic…
Automotive Logistics Market | MarketsandMarkets
The Automotive Logistics Market is estimated to be $284.1 billion in 2018 and is projected to reach $472.9 billion by 2025, at a CAGR of 7.55%.
Increasing vehicle production, upcoming infrastructure projects, and the advent of electric vehicles are the major reasons for market growth.
The automotive logistics market is consolidated and dominated by a few global players. The key players in the market are DHL (Germany), XPO (US), SNCF (France),…
Electric Bike Market 2020-2027 | MarketsandMarkets
The global E-Bike Market size is projected to grow to $70.0 billion by 2027 from $41.1 billion in 2020, at a CAGR of 7.9%.
Government initiatives towards clean environment and technology advancements such as connected electric bikes are driving the market growth.
The key players in the electric Bike industry are Accell Group N.V. (Netherlands), Pon. Bike (US), Merida Industry Co., Ltd. (Taiwan), Giant Manufacturing Co., Ltd. (Taiwan), and Yamaha…