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 News

In May 2023, BASF SE announced the launch of a new range of high-performance extrusion coatings. The new range is designed to meet the stringent performance requirements of the building and construction industry.
In April 2023, The Sherwin-Williams Company announced the launch of a new line of sustainable extrusion coatings. The new line is designed to meet the growing demand for sustainability in the extrusion coatings market.
In March 2023, PPG Industries announced the launch of a new range of high-gloss extrusion coatings. The new range is designed to meet the growing demand for high-gloss finishes in the automotive and building and construction industries.
In February 2023, Valspar Corporation announced the launch of a new line of flame-resistant extrusion coatings. The new line is designed to meet the stringent fire safety requirements of a variety of industries, including the building and construction industry.
In January 2023, DuPont announced the launch of a new range of bio-based extrusion coatings. The new range is designed to meet the growing demand for sustainability in the extrusion coatings market.

Extrusion Coatings Market Report Snapshots

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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.

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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 News

Extrusion Coatings Market Report Snapshots

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What is the global market size of Extrusion Coatings Market?

Who are the key vendors in the Extrusion Coatings Market?

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