Extrusion Coatings Market Growth Drivers, Regional Trends and Forecasts to 2028

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The Global Extrusion Coatings Market size is expected to surpass USD 6.78 Billion by 2028 from USD 4.82 Billion in 2020, delivering a CAGR of 4.4%, according to a new report by Reports and Data.

The Global Extrusion Coatings Market size is expected to surpass USD 6.78 Billion by 2028 from USD 4.82 Billion in 2020, delivering a CAGR of 4.4%, according to a new report by Reports and Data. This is mainly contributed by the increasing demand from packaging industries, the growing popularity of additive manufacturing process, the rise of environment-friendly coating technologies, increasing demand for moisture and grease resistance, and oxygen, water vapor, and aroma barrier packaging.

Extrusion coatings are used in the production of a broad range of thin multilayer structures, for substrates which may be paper, paper board, polyester film, polypropylene film, aluminum foil, woven fabric, etc. Extrusion coatings in paperboard are gaining popularity due to government policies for environment-friendly packaging and coating systems. Paperboards with plastic blended coatings are used to combine the mechanical properties of paperboard with the barrier and sealing properties of plastics.

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Top Players in the Global Extrusion Coatings Market:

Akzo Nobel N.V., The Sherwin Williams Company, PPG Industries, DowDupont, Optimum Plastics, Dura Coat Products Inc., Davis-Standard LLC,  The Lubrizol Corporation, Qenos Pty Ltd., Transcendia, Borealis AG, Chevron Phillips Chemical Company, Westlake Chemical Corporation, LyondellBasell Industries Holdings B.V., Celanese Corporation, and SABIC.

Moreover, its moisture baring and sealing ability properties are appropriate for food packaging, liquid packaging, folding carton, and others. The fluctuating costs of raw materials as compared to other coating materials is a factor hindering the growth of the market.

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Market segmentation based on Resin Type Outlook:

  • Low Density Polyethylene (LDPE)
  • High Density Polyethylene (HDPE)
  • Ethylene Vinyl Acetate (EVA)
  • Ethylene Butyl Acrylate (EBA)
  • Polypropylene
  • Polyethylene Terephthalate

By Process Outlook:

  • The Extruder
  • The Die
  • The Air Gap
  • Nip Assembly and Chill Roll
  • Edge Trimming
  • Reeling and Wind-up Equipment
  • Coextrusion

By Substrate Outlook:

  • Paper Paperboard
  • Polymer Film
  • Aluminum Foil
  • Others

By Application Outlook:

  • Liquid Packaging
  • Flexible Packaging
  • Photographic Film
  • Transport Packaging
  • Mills and Industrial Wrapping
  • Sack Lining
  • Pharmaceutical packaging
  • Personal Care Cosmetic Packaging

Regional Outlook:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • K.
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

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Frequently Asked Questions Answered in the Report:

  • What is the estimated revenue growth rate of the global Extrusion Coatings market over the forecast period?
  • What are the major factors driving the global market revenue growth?
  • Which are the leading manufacturers and suppliers in the global Extrusion Coatings market?
  • Which regional market is expected to lead in terms of revenue share in the global Extrusion Coatings market over the forecast years?
  • What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?

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