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2028 Heat Seal Coating Industry Report Growth Forecasts
Stratistics MRC's Global Heat Seal Coating Market value is expected to reach $12,200 million growing at a CAGR of 8.2% during 2022-2028.This coating is mainly used to close packaging, products, and other thermoplastic supplies using heat. The coating can be done with uniform thermoplastic monolayers or with materials having numerous layers, at least one being thermoplastic. This coating can be supplied in a wide diversity of chemistries and carriers. They are highly formulated with very precise characteristics for the end-use application. The most frequent applications of heat seal coating include blister packaging in pharmaceutical applications and lidding films for food containers and trays.
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Asia Pacific is projected to hold the largest market share during the forecast period due to the rapid urbanization and changing lifestyle, which has led to increasing demand for ready-to-eat or convenience food products in the region. The available population in countries such as India and China is enhancing the production rate and industries in the region.
Some of the key players profiled in the Heat Seal Coating Market include Toyochem Co Ltd., Michelman, Inc., Henkel AG & Co. KgaA, Paramelt B.V., Arkema S.A., H.B. Fuller Company, The Dow Chemical Company, Cattie Adhesives, Emax Label Solutions, Avery Dennison, Yasuhara Chemical Co., Ltd., Mitsui Chemicals, Inc., Wacker Chemie AG, Trillium Products Ltd., Bostik, Inc., Constantia Flexibles, Bemis company Inc., Sonoco Products Company, Amcor limited, and West Rock Company.
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Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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