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Calendering Resins Market – Monitoring Future Trends by 2025 | Westlake Chemical Corporation,Shin-Etsu Chemical Co., Ltd.,Occidental Petroleum Corporation,SABIC,E.I. du Pont de Nemours & Co.

06-27-2019 04:29 PM CET | Business, Economy, Finances, Banking & Insurance

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Calendering Resins Market

Calendering Resins Market

Shifting preference of consumers from traditional packaging to novel packaging

Rapid growth in the residential sector in urban as well as semi-urban areas across the world is expected to contribute significantly to the revenue growth of the global calendering resins market. Substantial growth in the services and manufacturing sector has led to strong growth in the global GDP in the past. This, in turn, has had a positive impact on the calendering resins (PET, PETG, and PVC) market. Economic growth of several regions is likely to increase the disposable income with people, which in turn improves their standard of living. Many such people are now preferring shifting towards new packaging. They demand safer and flexible packaging films for products from various industries such as food & beverage, pharmaceutical and agriculture. The use of packaging with films made of calendering resins is widely demanded due to the increase in demand for flexible packaging for the containers used in shipping products.

Flexible packaging is increasingly being used in major consumer brands. There is also some new introduction of products in the flexible packaging market such as vacuum pouches, high temperature retort pouches, and stand-up pouches, which has led to a change in global packaging trends. Addition of layers into the flexible packaging structure can lead to improvements in its functionality and economic viability. Flexible packaging products use over 70% less plastic than rigid packaging options and also acquire a small space on shelves during packaging. Lightweight characteristics of flexible packaging makes its recycling easier. Flexible packaging provides a wide range of presentation possibilities that enable the product manufacturer to increase the aesthetic appeal of the product and also enhance the product branding. This increases the inclination of product manufacturers towards the adoption of flexible packaging solutions over rigid packaging solutions.

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Growth in the global food industry is resulting in an increased demand for packaging films

Significant growth of the food & beverage industry will help drive the calendering resins (PET, PETG, and PVC) market over the forecast period. Consumers are more inclined towards the use of packaging films for food products. PVC, PET and PETG films are considered the most economic means for the packaging, protection and distribution of food products. Other properties of these packaging films include an improved shelf life, flexible packaging that is easy to store the products, reseal ability, no contamination, UV resistance, recyclable nature, shock resistance and low shrinkage tendency. These packaging films are also becoming the first choice of many food industries as these are considered more economical than any other packaging material. Other than food and beverages, the healthcare and medical segment is also expected to dominate the global calendering resins market with the increase in demand for flexible packaging plastic.

Food & Beverage application segment to lead the global market in terms of market share

Among the different application segments in the global calendering resins market, the food & beverage segment is estimated to hold high value share of about 30% throughout the forecast period. The food & beverage segment is projected to gain 150 BPS by 2025 as compared to 2017, while expanding at a healthy CAGR of 5.5% over the forecast period. Healthcare and medical is the second largest application segment in the global calendering resins market. Consumption of calendering resins (PET, PETG, and PVC) in the healthcare & medical segment was pegged at 1,167,763 tons in 2017 and is expected to reach nearly 1,614,937 tons by 2025 end.

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Global Calendering Resins (PET, PETG and PVC) Market: Competitive Landscape

The research report on the global calendering resins market includes a brief analysis of the competitive scenario. This includes descriptive profiles of various key players in the market such as Formosa Plastic Corporation, Eastman Chemical Company, SK Chemicals, Westlake Chemical Corporation, Shin-Etsu Chemical Co., Ltd., Occidental Petroleum Corporation, SABIC, E.I. du Pont de Nemours & Co., Indorama Ventures Public Company Limited, Reliance Industries Limited etc.

Calendering Resins Market : TOC

1. Executive Summary
1.1. Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. Market Viewpoint
3.1. Macro-Economic Factors Overview
3.2. Opportunity Analysis

4. Global Calendering Resins (PET, PETG, and PVC) Market Analysis 2012–2016 and Forecast 2017–2025
4.1. Introduction
4.1.1. Market Volume Projections
4.1.2. Absolute $ Opportunity
4.2. Global Polymer Market Overview
4.2.1. PVC Consumption
4.2.2. PET Consumption
4.2.3. PETG Consumption
4.3. Value Chain
4.4. Forecast Factors: Relevance and Impact

5. Global Calendering Resins (PET, PETG, and PVC) Market Analysis 2012–2016 and Forecast 2017–2025 By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size (US$ Mn) and Volume Analysis By Type, 2012 - 2016
5.3. Current Market Size (US$ Mn) and Volume Forecast By Type, 2017 - 2025
5.3.1. PVC
5.3.2. PET
5.3.3. PETG
5.4. Key Trends / Developments
5.5. Market Attractiveness Analysis By Type

6. Global Calendering Resins (PET, PETG, and PVC) Market Analysis 2012–2016 and Forecast 2017–2025 By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Application , 2012 - 2016
6.3. Current Market Size (US$ Mn) and Volume Forecast By Application, 2017 - 2025
6.3.1. Furniture and Furniture Trim
6.3.2. Automotive
6.3.3. Food & Beverages
6.3.4. Electronics & Electrical
6.3.5. Building & Construction
6.3.6. Healthcare & Medical
6.3.7. Others
6.4. Key Trends / Developments
6.5. Market Attractiveness Analysis By Application

7. Global Calendering Resins (PET, PETG, and PVC) Market Analysis 2012–2016 and Forecast 2017–2025 By Region
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2012 - 2016
7.3. Current Market Size (US$ Mn) and Volume Forecast By Region, 2017 - 2025
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa
7.4. Market Attractiveness Analysis By Region

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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