Title: Ethylene Copolymers Market - Forecast(2022 - 2027)
1Ethylene Copolymers Market - Forecast(2022 -
2027)
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- Ethylene Copolymers Market size is forecast to
reach 62.19 billion by 2026, after growing at a
CAGR of 7.3 during 2021-2026, owing to the wide
usage of ethylene copolymers in packaging
industries. - There is also a growing demand for the usage
of renewable packaging material. The companies
are adopting various strategies and investing
heavily in RD to develop technical advancement
in the products. However, the pandemic has turned
to be the biggest challenge for the market.
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- Key Takeaways from this Report
- Asia Pacific region dominates the ethylene
copolymers market owing to the high demand for
packaging materials. - The market drivers and restraints have been
assessed to understand their impact over the
forecast period. - Due to the COVID-19 pandemic, most of the
countries have gone under lockdown, due to which
operations of various industries has been
negatively affected, which is hampering the
ethylene copolymers market growth.
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- By Distribution Channel- Segment Analysis
- Packaging and labelling hold the largest share in
Ethylene Copolymers Market in the year 2020. The
rise is mainly due to the growing demand for
smart packaging techniques worldwide. According
to plastic recyclers Europe, 15 megatons of
flexible films are annually used, out of which 9
mega metric ton are polyethene and 2.5 are
polypropylene films. The plastic packaging
industry is rising because of increase in usage
and new development. Enabled by technologies as
well as IoT, QR codes, RFID labels, NFC, and
sensors, several market leaders across industries
area unit grasp innovative good packaging
applications, notably of the connected sort.
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- Ethylene Copolymers Market Industry Outlook
- Sipchem chemicals
- USI Corporation
- Lyondellbasell
- Borealis Group
- BASF SE
- Arkema Group
- Celanese Corporation
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Ethylene Copolymers Market Analysis -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/127
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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