Extrusion Coating Market 2019 Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023

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Extrusion Coating Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Extrusion Coating Market Research Report-
Forecast to 2023
Extrusion Coating Market - Overview
Products are coated for different reasons,
sometimes for decoration and sometimes for
protection. The coating protects an item from
dust and rust, and sometimes, it enhances its
look too. Due to the beneficial properties
offered by coating, the item receives protection
from weathering, corrosion, atmospheric gases,
vapors, and liquids. This protection keeps the
item's surface smooth. Hence, the market
Extrusion Coating is a secure market with a lot
of scope for growth right now. Nowadays,
Extrusion Coating is being used increasingly in a
number of industrial applications in a bid to
protect machinery and equipment that operate in
the harsh working environment. This is expected
to raise the growth in demand for the Extrusion
Coating. Market Research Future (MRFR) has
published a research report about the Global
Extrusion Coating Market that predicts the
massive market growth with between 2016 and 2023.
In terms of cash, the growth is expected to reach
the US 25 bn by the end of 2023. The factors
that are driving this market include the craze
for more sophisticated packaging. Laminated and
composite flexible structures are being used
widely for packaging industrial materials. Such
structures are being used for various packaging
applications. Need for protective
coating/covering on equipment, end decorative
parts, industrial tools, and packaging industry
is another major factor for driving the Extrusion
Coating Market. Growing demand from packaging
industry is widening the scope of the market in
construction industries, food beverages,
healthcare, and medical sector. This is the third
factor driving the market growth.
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Extrusion Coating Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Extrusion Coating Market has been
segmented into Applications, Substrate, Types,
and Region. Based on Application, this market has
been segmented into envelope, packaging,
photographic, and others. Packaging plastics
covered under extrusion coating are primarily
used for laminating documents. Extrusion coating
is used for photography packaging that prevents
camera reels from catching dust. On the Basis of
the Substrate, the market has been segmented
into, aluminum foils, paperboard, polymer films,
and others. Aluminum foils are used for food
packaging regarding drive-through orders. Coated
paperboard has a better printing surface that.
For wet strength food packaging, polyethylene
(PE) resin is helpful. Polymer films are used for
separating areas or volumes, to hold items, to
act as barriers, or as printable surfaces. By
Types, the market has been segmented into
ethylene vinyl acetate (EVA), low-density
polyethylene (LDPE), polypropylene (PP), and
others. EVA is the copolymer of ethylene and
vinyl acetate. Hot melt adhesives (such as hot
glue sticks) and top of the line soccer cleats
are usually made from EVA, usually with additives
like wax and resin. LDPE is useful for
manufacturing different kinds of containers,
dispensing bottles, plastic bags for computer
components, tubing, wash bottles, and various
molded laboratory equipment. PP is a
thermoplastic polymer used in a wide variety of
applications that include packaging for consumer
products, plastic parts for various industries
that include the automotive industry, special
devices like living hinges, and textiles. View
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Extrusion Coating Market Research Report-
Forecast to 2023
Regional Outlook
The Regional Segmentation of the Global Extrusion
Coating Market has been done in regions namely
Asia Pacific, Europe, North America, Latin
America, and the Middle East Africa (MEA). Due
to the growing population, rapid economic growth,
and the rising standard of living of the people,
Asia Pacific is the leading market among all
regional markets. Major markets in this region
are China, India, and Japan, with China
witnessing the fastest growth. Other small but
significant markets in this region are Australia
and New Zealand, followed by rest of the Asia
Pacific. According to the report, North America
is the second most significant market region. The
United States of America (USA) is the major
contributor in this region due to the presence of
well-established and leading end-use industries
such as foods beverages and sports industry.
Another important market in this region is
Canada. The third biggest regional market is in
Europe. Due to rapidly growing demand for
extrusion coatings by automotive, food
beverages, and healthcare industry, the biggest
markets in this region are France, Germany,
Italy, Poland, Russia, and the United Kingdom
(UK). In Latin America, Mexico and Argentina are
significant markets. Due to rising
industrialization and pacifying political
economic scenario in Brazil and Colombia, these
two are other significant markets in this region.
During the forecast period, this region is
expected to hold significant market share. In
coming years, Latin America and the Middle East
Africa are likely to make a significant
contribution towards the growth of Global
Extrusion Coating Market due to increasing global
demand for the Extrusion Coating. The MEA region
holds relatively lesser shares in the Global
Extrusion Coating Market, but that is expected to
change in the near future on account of hitherto
untapped growth opportunities in the construction
sector. In this region, the biggest markets are
Bahrain, Israel, Kuwait, Oman, North Africa,
Qatar, Saudi Arabia, Turkey, and United Arab
Emirates (UAE), followed by rest of MEA region.
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Extrusion Coating Market Research Report-
Forecast to 2023
Major Players in this Research

• Extrusion Coating Market Prominent Players
• DowDuPont (The U.S.)
• Exxon Mobil Corporation (The U.S.)
• SABIC (Saudi Arabia)
• Celanese Corporation (The U.S.)
• Borealis AG (Austria)
• LyondellBasell Industries Holdings B.V. (The
  Netherlands)
• PPG Industries, Inc. (The U.S.)
• Formosa Plastics Corporation (Taiwan),
• Eastman Chemical Company (The U.S.)
• Reliance Industries Limited (India)
• Solvay SA (Blegium)

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