Chemicals and Materials Extrusion Coating Market New
The report "Extrusion Coating Market by Material Type (LDPE, EVA, PP), Substrate
(Paper & Paperboard, Polymer Films, Aluminum Foil), and Region - Global Forecast
to 2022", The extrusion coating market was valued at USD 4.10 Billion in 2016 and is
projected to reach USD 5.64 Billion by 2022, at a CAGR of 5.5% during the forecast period.
In this study, 2016 has been considered as the base year and 2017 to 2022 as the forecast
period for estimating the market size for extrusion coating. The growth of the extrusion
coating market across the globe is fueled by the high demand from the packaging industry
and increasing global demand for extrusion coatings in Asia Pacific, South America, and
Middle East & Africa region.
Browse 134 Market Data Tables and 39 Figures spread through 158 Pages and in-depth TOC
on "Extrusion Coating Market"
https://www.marketsandmarkets.com/Market-Reports/extrusion-coating-market-
257330090.html
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LDPE is the largest segment of the Extrusion Coating Market and is projected to grow
at the highest CAGR from 2017 to 2022.
LDPE is of great importance due to its easy processing, higher melt strength, and superior
optical properties in comparison with linear polyethylene. It has a good moisture barrier
and sealability properties and hence is used in applications such as liquid packaging, food
packaging, folding carton, and others. It is resistant to impact, moisture, chemicals, and is
recyclable. LDPE is the largest and fastest-growing type segment of polymers used in the
Extrusion Coating Market. The growing application of LDPE in various end-use industries
such as packaging, automotive, building & construction, medical & pharmaceutical,
consumer goods, and others is expected to drive the Extrusion Coating Market in the
coming future.