What is the global market size of Extrusion Coatings Market?

Extrusion Coatings Market size was valued at USD 5.14 billion in 2021 and is poised to grow from USD 5.38 billion in 2022 to USD 7.77 billion by 2030, growing at a CAGR of 4.7% in the forecast period (2023-2030).

Who are the key vendors in the Global Extrusion Coatings Market?

The global extrusion coatings market is characterised by intense competition among various players operating in the industry. This market encompasses the production and application of extrusion coatings, which are polymer-based coatings applied to various substrates using the extrusion process. These coatings offer excellent barrier properties, durability, and adhesion, making them suitable for a wide range of applications. 'Dow Chemical Company (US)', 'ExxonMobil Corporation (US)', 'LyondellBasell Industries N.V. (Netherlands)', 'Borealis AG (Austria)', 'Arkema SA (France)', 'Chevron Phillips Chemical Company LLC (US)', 'Eastman Chemical Company (US)', 'SABIC (Saudi Arabia)', 'Braskem S.A. (Brazil)', 'INEOS Group Holdings S.A. (UK)', 'Mitsui Chemicals, Inc. (Japan)', 'Sumitomo Chemical Co., Ltd. (Japan)', 'Westlake Chemical Corporation (US)', 'NOVA Chemicals Corporation (Canada)', 'Reliance Industries Limited (India)', 'Formosa Plastics Corporation (Taiwan)', 'Solvay S.A. (Belgium)', 'DSM (Netherlands)', 'Toray Industries, Inc. (Japan)', 'Celanese Corporation (US)'

Extrusion Coatings Market Size, Share, Growth Analysis, By Material Type (Low-Density Polyethylene (LDPE), Ethylene Vinyl Acetate (EVA)), By Substrate (Paper, Paperboard), By Application (Packaging, Photographic), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15E2256 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 75

Extrusion Coatings Market Dynamics

Extrusion Coatings Market Drivers

Advantages over Traditional Coatings

Extrusion coatings provide numerous benefits compared to traditional coating methods. They offer seamless coverage, superior adhesion, and exceptional protection against corrosion, chemicals, and UV radiation. These advantages make extrusion coatings highly favoured across industries like construction, automotive, and consumer goods.

Extrusion Coatings Market Restraints

Competition from Alternative Coating Technologies

The extrusion coatings market faces competition from alternative coating technologies, including lamination, solvent-based coatings, and water-based coatings. These alternative technologies provide similar functionalities and may be preferred in specific applications. The presence of these alternatives can impact the growth trajectory of the extrusion coatings market.

Extrusion Coatings Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Extrusion Coatings Market size was valued at USD 5.14 billion in 2022 and is poised to grow from USD 5.38 billion in 2023 to USD 7.77 billion by 2031, growing at a CAGR of 4.7% during the forecast period (2024-2031).

The global extrusion coatings market is characterised by intense competition among various players operating in the industry. This market encompasses the production and application of extrusion coatings, which are polymer-based coatings applied to various substrates using the extrusion process. These coatings offer excellent barrier properties, durability, and adhesion, making them suitable for a wide range of applications. 'Dow Inc ', 'Celanese corporation ', 'Chevron phillips chemical company LLC ', 'Borealis ag ', 'Exxon mobil corporation ', 'Dupont ', 'Lyondellbasell industries holdings B.V. ', 'Qenos pty ltd ', 'INEOS group holdings S.A. ', 'Sabic ', 'Westlake corporation ', 'SCG chemicals public company limited ', 'Eastman chemical company ', 'SK functional polymer ', 'BASF SE ', 'Holland manufacturing company ', 'Reliance industries limited ', 'LG chem ', 'Carmel olefins ltd. ', 'Braskem '

Extrusion coatings provide numerous benefits compared to traditional coating methods. They offer seamless coverage, superior adhesion, and exceptional protection against corrosion, chemicals, and UV radiation. These advantages make extrusion coatings highly favoured across industries like construction, automotive, and consumer goods.

Demand for Sustainable and Environmentally Friendly Solutions: As environmental concerns continue to gain prominence, there is a growing emphasis on developing coatings that minimise the impact on the environment. Manufacturers are investing in research and development to create extrusion coatings that are free from harmful substances and have low carbon footprints. This trend is driven by regulatory pressures and consumer preferences for eco-friendly products.

In the global extrusion coatings market, the most dominant region is North America. North America has a well-established industrial base and a strong demand for extrusion coatings in various applications such as packaging, automotive, construction, and consumer goods. The region's advanced infrastructure, technological advancements, and stringent regulations regarding product quality and safety contribute to its dominance in the market.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Extrusion Coatings Market Size, Share, Growth Analysis, By Material Type (Low-Density Polyethylene (LDPE), Ethylene Vinyl Acetate (EVA)), By Substrate (Paper, Paperboard), By Application (Packaging, Photographic), By Region - Industry Forecast 2024-2031

Extrusion Coatings Market Dynamics

Extrusion Coatings Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Extrusion Coatings Market?

Who are the key vendors in the Extrusion Coatings Market?

What is the key driver of Extrusion Coatings Market?

What is the key market trend for Extrusion Coatings Market?

Which region accounted for the largest share in Extrusion Coatings Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300