Global Calendering Resins Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Calendering Resins market size was valued at US$ 4873.4 million in 2023. With growing demand in downstream market, the Calendering Resins is forecast to a readjusted size of US$ 6031 million by 2030 with a CAGR of 3.1% during review period.
The research report highlights the growth potential of the global Calendering Resins market. Calendering Resins are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Calendering Resins. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Calendering Resins market.
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.
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.
Key Features:
The report on Calendering Resins market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Calendering Resins market. It may include historical data, market segmentation by Type (e.g., PVC, PET), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Calendering Resins market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Calendering Resins market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Calendering Resins industry. This include advancements in Calendering Resins technology, Calendering Resins new entrants, Calendering Resins new investment, and other innovations that are shaping the future of Calendering Resins.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Calendering Resins market. It includes factors influencing customer ' purchasing decisions, preferences for Calendering Resins product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Calendering Resins market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Calendering Resins market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Calendering Resins market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Calendering Resins industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Calendering Resins market.
Market Segmentation:
Calendering Resins market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
PVC
PET
PETG
Segmentation by application
Furniture And Furniture Trim
Automotive
Food & Beverages
Electronics & Electrical
Construction
Healthcare And Medical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Formosa Plastic
Eastman Chemical
SK Chemicals
Westlake Chemical
Shin-Etsu Chemical
Occidental Petroleum
SABIC
du Pont
Indorama Ventures Public
Reliance Industries
China National Chemical
Mexichem
LG
LOTTE CHEMICAL
Celanese
INOVYN CHLORVINYLS
Polyone
Covestro
Avery Dennison
Klöckner Pentaplast
Key Questions Addressed in this Report
What is the 10-year outlook for the global Calendering Resins market?
What factors are driving Calendering Resins market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Calendering Resins market opportunities vary by end market size?
How does Calendering Resins break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.