Global Packaging Coating Additives Market
Market Size in USD Billion
CAGR :
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 Forecast Period |
2022 –0 |
 Market Size (Base Year) |
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 Market Size (Forecast Year) |
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 CAGR |
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Global Packaging Coating Additives Market, Function (Anti-Block, Anti-Fog, Antimicrobial, Antistatic, Slip), Formulation (Water-Based, Solvent-Based, Powder-Based), Application (Food Packaging, Industrial Packaging, Healthcare Packaging, Consumer Packaging, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Packaging Coating Additives Market
Packaging coating additives market size is expected to grow at a compound annual growth rate of 5.7% for the forecast period of 2021 to 2028. Data Bridge Market Research report on packaging coating additives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Packaging coating additives are a kind of addition to improving the packaging methods employed. These additives improve the processing and manufacturing performance of packages whereas enhancing the characteristics of packaging materials. These coating additives also act as a barrier involving the product and the packaging material utilized, stopping both of them from sticking to each other, which helps eliminate the packaging material.
The packaging coating additives market is anticipated to be driven considerably due to the significant growth of the middle-class population's rising disposable income in the emerging economies. Also the rising health awareness is acting as a key determinant favoring the growth of the market over the forecast period of 2021 to 2028. The major factor accountable for the market's growth is the increasing competition is encouraging manufacturers to innovate and develop new packaging methods that require decreased amount of resources and improve the protection along with rising disposable income has also increased the demand for packaged items. Beside this, the various advantages offered by packaging coating additives products such as ease of handling, lower cost and insignificant wastages is also flourishing the growth of the packaging coating additives market.
However, the strict environmental and government regulations and volatility of raw material prices may act as key restraints towards packaging coating additives market growth rate in the forecast period of 2021 to 2028, whereas the managing plastic waste from different industries have the potential to challenge the growth of the target market.
Furthermore, the ever-increasing demand for bio-based slip additives and increasing trend for e-commerce in developed as well as developing countries will further offer a variety of growth opportunities for the packaging coating additives market in the above mentioned forecast period. Also, growing demand for packaging coating additives products from industrial packaging and healthcare packaging sectors are also highly impacting the growth of the packaging coating additives market in the forecast. Likewise, the increasing demand for flexible packaging coatings materials is also expected to drive the demand for packaging coating additives market.
This packaging coating additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on packaging coating additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Packaging Coating Additives Market Scope and Market Size
Packaging coating additives market is segmented on the basis of function, formulation and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on function, the packaging coating additives market is segmented into anti-block, anti-fog, antimicrobial, antistatic and slip.
- On the basis of formulation, the packaging coating additives market is segmented into water-based, solvent-based and powder-based.
- The application segment for packaging coating additives market is segmented into food packaging, industrial packaging, healthcare packaging, consumer packaging and others.
Packaging Coating Additives Market Country Level Analysis
Packaging coating additives market is analyzed and market size, volume information is provided by country, function, formulation and application as referenced above.
The countries covered in the packaging coating additives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region leads the packaging coating additives market because of the growing demand from packaging application, easy availability of raw materials, changing lifestyles and rapid industrialization in the region. Europe is expected to expand at a significant growth rate of strict government regulations on ban of plastic products for packaging in this region.
The country section of the packaging coating additives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Packaging Coating Additives Market Share Analysis
Packaging coating additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to packaging coating additives market.
The major players covered in the packaging coating additives market report are Croda International Plc, BASF SE, Clariant, Lonza, 3M, Arkema, Evonik Industries AG, Solvay, Akzo Nobel N.V., DAIKIN INDUSTRIES Ltd., Ampacet Corporation, ALTANA, Kao Corporation, Höganäs AB, PCC Chemax Inc., MÜNZING Corporation, PPG Industries, Inc., Flint Group, DIC CORPORATION, and The Sherwin-Williams Company among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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