Global Extrusion Coatings Market 2024-2028
The extrusion coatings market is forecasted to grow by USD 1297.2 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the extrusion coatings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from packaging industry, environment-friendly coating technologies, and growing demand from food and beverage industry.
Technavio's extrusion coatings market is segmented as below:
By Material
- Polyethylene
- Ethylene Vinyl Acetate
- Ethylene Butyl Acrylate
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the rising demand from automotive sector as one of the prime reasons driving the extrusion coatings market growth during the next few years. Also, popularity of additive manufacturing and increasing applications of extrusion coatings in various industries will lead to sizable demand in the market.
The report on the extrusion coatings market covers the following areas:
- Extrusion coatings market sizing
- Extrusion coatings market forecast
- Extrusion coatings market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading extrusion coatings market vendors that include Akzo Nobel NV, Arkema Group., Borealis AG, Chevron Phillips Chemical Co. LLC, Davis Standard LLC, Dow Chemical Co., DuPont de Nemours Inc., Eastman Chemical Co., Exxon Mobil Corp., Formosa Plastics Corp., Hanwha Corp., INEOS AG, Lucobit AG, LyondellBasell Industries N.V., NOVA Chemicals Corp., Qenos Pty Ltd., Reliance Industries Ltd., Repsol SA, Saudi Basic Industries Corp., and The Lubrizol Corp.. Also, the extrusion coatings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.