Press release
Packaging Coating Additives Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2028
The Global “Packaging Coating Additives Market” Research report give detailed information with reference to market size, share, trends, growth, cost revenue, capacity, and forecast till 2027. This report also contains the general and in-depth study of the Packaging Coating Additives market with all its aspects influencing the growth of the market. This report is a full-scale quantitative survey of the Packaging Coating Additives market and provides information for developing strategies to expand the market growth and effectiveness.The market for Packaging Coating Additives is expected to grow at a CAGR of over 5% during the forecast period.
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Top Leading Companies of Global Packaging Coating Additives Market are - Croda, BASF, Clariant, Lonza Group, 3M, Arkema Group, Solvay, Akzo Nobel, Daikin Industries, Ampacet, Addcomp Holland, KAO, Abril Industrial Waxes, PCC Chemax, Munzing Chemie and others.
Industry News and Updates:
In January 2020, ProAmpac acquired Rosenbloom Groupe Inc., Hymopack Ltd. And Dyne-A-Pak, businesses based in Canada that manufatures packaging products. This acquisition facilitates the expansion of ProAmpac in the region.
Market Overview:
Major factors driving the market studied are increasing demand in industrial packaging and growing demand of anti-fog and anti-microbial additives in food & beverages packaging applications. On the flipside, strict government policies regarding the use of plastics and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of market.
Rising demand for flexible coating additives and growing trend for e-commerce in developing as well as developed countries are expected to offer ample opportunities for the growth of market.
By application, food packaging segment is expected to dominate the market owing to the rising health awareness and growing online food delivery sector. Packaging Materials are prone to problems such as friction and chemical stability. To improve the performance of packaging coating materials, additives are added which increases the pH stability, make surface friction-less and induce anti-microbial properties to the packaged food items.
The food packaging market value is projected to reach USD 423.27 billion by 2025 from USD 308.73 billion in 2019 which is expected to increase the demand of packaging coating additives and will help in fueling its market growth during the forecast period.
On The Basis of Types: -
Slip
Antistatic
Anti-fog
Anti-block
Antimicrobial
On The Basis of Application: -
Food Packaging
Industrial Packaging
Healthcare Packaging
Consumer Packaging
Others
Regional Analysis:
Asia-Pacific region is expected to dominate the market for packaging coating additives during the forecast period. In countries like China and India due to significant rise in the income of middle-class population and increasing demand of packaged foods, the demand for packaging coating additives has been increasing in the region.
Growth in e-commerce is expected to provide lucrative opportunities for packaging coatings industry and consequently for packaging coating additives market in the region. Food & beverages packaging segment is the fastest growing among them.
China holds the largest share in the e-commerce market accounting for more than 30% of the total e-commerce sales.
The revenue from food and beverages sector is expected to show a CAGR of over 9% during the forecast period in countries like India and China which will help in increasing the demand of packaging coating additives in the region.
The regions are further sub-divided into:
- North America: US, Mexico, Canada
- Europe: Russia, Ukraine, France, Spain, Sweden, Norway, Germany, Finland, Poland, Italy, United Kingdom, Greece, Austria, Denmark, Switzerland, Netherlands, Belgium, Turkey, Luxembourg
- Asia-Pacific: China, Japan, India, Australia, South Korea, Taiwan, Malaysia, Philippines, Thailand, Singapore
- South America: Brazil, Argentina, Peru, Chile
- Middle East and Africa: Bahrain, Egypt, Israel, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, South Africa
Influence of the Packaging Coating Additives market report:
- Comprehensive assessment of all opportunities and risk in the Packaging Coating Additives market.
- Packaging Coating Additives market recent innovations and major events.
- Detailed study of business strategies for growth of the Packaging Coating Additives market-leading players.
- Conclusive study about the growth plot of Infrared Imaging market for forthcoming years.
- In-depth understanding of Packaging Coating Additives market-particular drivers, constraints and major micro markets.
- Favourable impression inside vital technological and market latest trends striking the Packaging Coating Additives market.
Browse Full Report at:
https://www.marketinsightsreports.com/reports/12094227292/united-states-packaging-coating-additives-market-report-forecast-2021-2027?Mode=kichi
Important Features that are under offering and key highlights of the report:
- Detailed overview of the Packaging Coating Additives market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Packaging Coating Additives market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Packaging Coating Additives market performance
- Must-have information for market players to sustain and enhance their market footprint
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Packaging Coating Additives Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Packaging Coating Additives industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
- Free Country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
- Free 15% customization equal to 60 analyst hours.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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