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Extrusion Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Extrusion Coatings Market is segmented by Material (Polyethylene, Ethylene Vinyl Acetate, Ethylene Butyl Acrylate, Polypropylene, Polyethylene Terephthalate, and Other Material), Substrate (Paperboard and Cardboard, Polymer Films, Metal Foils, and Other Substrates), Application (Liquid Packaging, Flexible Packaging, Medical Packaging, Personal and Cosmetic Packaging, Photographic Film, Industrial Packaging/Wrapping, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa).

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Extrusion Coatings Market Size

Extrusion Coatings Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Extrusion Coatings Market Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Extrusion Coatings Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Extrusion Coatings Market Analysis

Theextrusion coatings market is expected to record a CAGR of over 5% during the forecast period. The major factors driving the market studied are the increasing demand from the food and beverage industry, and the steady growth of the packaging industry.

  • High costs, compared to other coatings, and the contribution to the carbon footprint are expected to hinder the growth of the market studied.
  • The development of bio-based polymers as raw materialis likely to act as an opportunity in the future.

Extrusion Coatings Market Trends

This section covers the major market trends shaping the Extrusion Coatings Market according to our research experts:

Liquid Packaging to be the Largest Application

  • The liquid packaging application accounted for the largest share in the extrusion coatings market globally.
  • Liquid packaging involvesapplications used for both short and long-shelf-life products (dairy as well as non-dairy).
  • Packaging of liquid foods demands design flexibility, printability, looks,feel, and sustainability, among other features.
  • Certain advantages, with the usage of extrusion coatings for liquid packaging, include temperature resistance, abrasion resistance, grease resistance, lowered coefficient of resistance, reduced water vapor transfer rate, etc.
  • The ongoing growth in the personal care and cosmetic industry is also expected to increase the usage of liquid packaging, thus inducing the consumption of extrusion coatings.
Extrusion Coatings Market Share

Asia-Pacific to Dominate the Market

  • Asia-Pacific represented the largest regional market for extrusion coatings market globally. The major countries, responsible for the consumption of extrusion coatings in the region, include China, India, and ASEAN countries.
  • There is an ongoing growth in the economy and the disposable incomes among the population in the region, which is increasing the demand for extrusion coated material. Among all the countries in the region, China’s market is expected to witness the highest CAGR during the forecast period.
  • In Asia-Pacific, China is the largest economy, in terms of GDP. The growth in the country remains high but it is gradually diminishing, as the population is ageing. The economy is rebalancing from investment to consumption, manufacturing to services, and external to internal demand.
  • The construction sector is a major contributor to the GDP of China. After the government’s push for infrastructure investment, to sustain economic growth, the construction industry is growing rapidly in China. Thereby, increasing the demand for industrial packaging, which, therefore, increases the consumption of extrusion coatings market in the country, during the forecast period.
  • In India, the industrial sector is witnessing rapid growth in recent times, with the focus of making the country the fifth-largest manufacturing country in the world, during the study period. With the help of Make in India drive, India is becoming the hub for manufacturing.
  • Additionally, the food processing industry in India is rapidly increasing with upcoming investments and governmental support. With the increasing investments in the food processing industry, the demand and growth of the food and beverage packaging in the country may increase, thus, increasing the consumption of extrusion coatings market in the country, during the forecast period.
Extrusion Coatings Market Analysis

Extrusion Coatings Industry Overview

The extrusion coatings market is fragmented in nature. The major companies include LyondellBasell Industries Holdings BV, Celanese Corporation, DuPont de Nemours, Inc., THE SHERWIN-WILLIAMS COMPANY, and SABIC among others.

Extrusion Coatings Market Leaders

  1. LyondellBasell Industries Holdings BV

  2. Celanese Corporation

  3. DuPont de Nemours, Inc.

  4. THE SHERWIN-WILLIAMS COMPANY.

  5. SABIC

*Disclaimer: Major Players sorted in no particular order

LyondellBasell Industries Holdings BV, Celanese Corporation, DuPont de Nemours, Inc., THE SHERWIN-WILLIAMS COMPANY., SABIC
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Extrusion Coatings Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand from Food and Beverage Industry

      2. 4.1.2 Steady Growth of Packaging Industry

      3. 4.1.3 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 High Costs Compared to Other Coatings

      2. 4.2.2 Contribution to Carbon Footprint

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Material

      1. 5.1.1 Polyethylene

        1. 5.1.1.1 Low Density Polyethylene (LDPE)

        2. 5.1.1.2 High Density Polyethylene (HDPE)

        3. 5.1.1.3 Other Polyethylenes (MDPE, LLDPE, etc.)

      2. 5.1.2 Ethylene Vinyl Acetate (EVA)

      3. 5.1.3 Ethylene Butyl Acrylate (EBA)

      4. 5.1.4 Polypropylene

      5. 5.1.5 Polyethylene Terephthalate

      6. 5.1.6 Other Material

    2. 5.2 Substrate

      1. 5.2.1 Paperboard and Cardboard

      2. 5.2.2 Polymer Films

      3. 5.2.3 Metal Foils

      4. 5.2.4 Other Substrates

    3. 5.3 Application

      1. 5.3.1 Liquid Packaging

      2. 5.3.2 Flexible Packaging

      3. 5.3.3 Medical Packaging

      4. 5.3.4 Personal and Cosmetic Packaging

      5. 5.3.5 Photographic Film

      6. 5.3.6 Industrial Packaging/Wrapping

      7. 5.3.7 Other Applications

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 Italy

        4. 5.4.3.4 France

        5. 5.4.3.5 Russia

        6. 5.4.3.6 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle East & Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Akzo Nobel NV

      2. 6.4.2 Borealis AG

      3. 6.4.3 Celanese Corporation

      4. 6.4.4 Chevron Phillips Chemical Company

      5. 6.4.5 Davis Standard

      6. 6.4.6 DuPont de Nemours, Inc.

      7. 6.4.7 Dura Coat Products Inc.

      8. 6.4.8 LyondellBasell Industries Holdings BV

      9. 6.4.9 Optimum Plastics

      10. 6.4.10 PPG Industries

      11. 6.4.11 Qenos Pty Ltd

      12. 6.4.12 SABIC

      13. 6.4.13 The Lubrizol Corporation

      14. 6.4.14 THE SHERWIN-WILLIAMS COMPANY

      15. 6.4.15 Transcendia

      16. 6.4.16 Westlake Chemical Corporation

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Development of Bio-based Polymers as Raw Material

    2. 7.2 Other Opportunities

**Subject to Availability
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Extrusion Coatings Industry Segmentation

The global extrusion coatings market report includes:

Material
Polyethylene
Low Density Polyethylene (LDPE)
High Density Polyethylene (HDPE)
Other Polyethylenes (MDPE, LLDPE, etc.)
Ethylene Vinyl Acetate (EVA)
Ethylene Butyl Acrylate (EBA)
Polypropylene
Polyethylene Terephthalate
Other Material
Substrate
Paperboard and Cardboard
Polymer Films
Metal Foils
Other Substrates
Application
Liquid Packaging
Flexible Packaging
Medical Packaging
Personal and Cosmetic Packaging
Photographic Film
Industrial Packaging/Wrapping
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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Extrusion Coatings Market Research FAQs

The Extrusion Coatings Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

LyondellBasell Industries Holdings BV, Celanese Corporation, DuPont de Nemours, Inc., THE SHERWIN-WILLIAMS COMPANY. and SABIC are the major companies operating in the Extrusion Coatings Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia Pacific accounts for the largest market share in Extrusion Coatings Market.

The report covers the Extrusion Coatings Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Extrusion Coatings Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Extrusion Coatings Industry Report

Statistics for the 2024 Extrusion Coatings market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Extrusion Coatings analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Extrusion Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)