MARKET OVERVIEW
The extrusion coating market is the application of a layer of polymer or other material on a substrate like a film, foil, or paper using an extrusion process. It is widely used across consumer goods, automotive, construction, and packaging industries. One of the trends in the market is the growing utilization of multilayer extrusion coating, which enables the creation of complex structures with improved properties like barrier properties and enhanced mechanical strength.
MARKET DYNAMICS
The extrusion coating market is anticipated to grow in the forecast period owing to driving factors such as increasing applications of extrusion coating in various industries coupled with high demands for extrusion coating in emerging economies. Furthermore, growing demands from food and beverages industry and steady growth of the packaging industry are other factors driving the market growth. However, high cost over other coatings and environmental concerns associated with it may hamper the growth of the extrusion coating market. Nonetheless, introduction of bio-based polymers as raw materials offers lucrative opportunities for the extrusion coating market during the forecast period.
MARKET SCOPE
The "Global Extrusion Coating Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of extrusion coating market with detailed market segmentation by material, substrate, application, and geography. The global extrusion coating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading extrusion coating market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global extrusion coating market is segmented on the basis of material, substrate, and application. Based on material, the market is segmented as polyethylene, ethylene vinyl acetate (EVA), ethylene butyl acrylate (EBA), polypropylene, polyethylene terephthalate, and others. On the basis of the substrate, the market is segmented as paperboard & cardboard, polymer films, metal foils, and others. The market, on the basis of the application, is classified as liquid packaging, flexible packaging, medical packaging, personal care & cosmetic packaging, photographic film, industrial packaging & wrapping, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global extrusion coating market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The extrusion coating market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting extrusion coating market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the extrusion coating market in these regions.
MARKET PLAYERS
The reports cover key developments in the extrusion coating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from extrusion coating market are anticipated to lucrative growth opportunities in the future with the rising demand for extrusion coating in the global market. Below mentioned is the list of few companies engaged in the extrusion coating market.
The report also includes the profiles of key extrusion coating companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Akzo Nobel N.V.
- Borealis AG
- Celanese Corporation
- Chevron Phillips Chemical Company
- Davis-Standard, LLC
- Exxon Mobil Corporation
- Hans Lautrup Chemicals A/S
- LyondellBasell Industries Holdings B.V.
- Qenos
- SABIC