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Extrusion Coating Market Size, Share & Trends Analysis Report By Material Type (Polyurethane, Polypropylene), By Substrate, By Application (Liquid Packaging, Medical Packaging), By Region, And Segment Forecasts, 2024 - 2030
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Extrusion Coating Market Size & Trends
"2030 Extrusion Coating Market value to reach USD 7.69 billion"
The global extrusion coating market size was estimated at USD 5.50 billion in 2023 and is projected to grow at a CAGR of 4.8% in terms of revenue from 2024 to 2030. The packaging industry is one of the primary users of extrusion coatings, and as the demand for packaged food, beverages, and consumer goods rises, so does the need for advanced packaging solutions. Extrusion coatings provide barrier properties, durability, and printability, which are essential for modern packaging requirements.
Extrusion coatings are a type of polymer coating applied to substrates, such as paper, paperboard, aluminum foil, and plastic films, through the process of extrusion. In this process, a molten polymer is extruded and applied directly onto the substrate, forming a continuous, uniform layer. This method is widely used in various industries due to its ability to provide excellent barrier properties, such as moisture, gas, and chemical resistance, as well as enhanced durability and aesthetic appeal. These products are particularly valued for their ability to adhere well to different substrates and their capability to create multi-layered structures, improving the functionality and performance of the end product.
A major driver of the demand for the product is the expanding packaging industry, particularly in the food and beverage sector. With the increasing consumer preference for packaged and ready-to-eat food products, there is a growing need for high-quality packaging materials that can ensure product safety, extend shelf life, and provide convenience. These products offer superior barrier properties against moisture, oxygen, and contaminants, making them ideal for food packaging applications. Additionally, advancements in polymer technology have led to the development of biodegradable and recyclable products, aligning with the global trend towards sustainable and eco-friendly packaging solutions.
One significant restraint in the growth of the market is the fluctuation in raw material prices, particularly petroleum-based polymers like polyethylene and polypropylene. The production of these polymers is highly dependent on crude oil prices, which are subject to volatility due to geopolitical tensions, supply-demand imbalances, and other economic factors. This price instability can lead to increased production costs for the product, affecting the profitability of manufacturers and potentially leading to higher prices for end consumers. Additionally, environmental regulations and the push for reducing plastic waste pose challenges for the industry, necessitating continuous innovation and investment in alternative materials and technologies.
Global Extrusion Coating Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global extrusion coating market report based on material type, substrate, application, and region.
- Material Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Polyurethane (PU)
- Ethylene Vinyl Acetate (EVA)
- Polypropylene (PP)
- Polyethylene (PE)
- Other Material Types (If Any)
- Substrate Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Paperboard & Cardboard
- Polymer Films
- Metal Foils
- Other Substrates (If Any)
- Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Liquid Packaging
- Flexible Packaging
- Medical Packaging
- Personal Care & Cosmetic Packaging
- Industrial Packaging
- Photographic Film
- Other Applications (If Any)
- Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
Saudi Arabia
South Africa
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 Gvr's Internal Database
- 1.4 Information Analysis
- 1.5 Market Formulation & Data Visualization
- 1.6 Data Validation & Publishing
- 1.6.1 Research Scope And Assumptions
- 1.6.2 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Global Extrusion coating: Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Paints & Coatings Market Outlook
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw Material Trends
- 3.2.2 Manufacturing/Technology Trends
- 3.2.3 Sales Channel Analysis
- 3.3 Vendor Landscape
- 3.3.1 List of Raw Material Suppliers
- 3.3.2 List of Distributors
- 3.4 List of Potential End-Users
- 3.5 Price Trend Analysis, 2018 - 2030 (Usd/Kg)
- 3.5.1 Factors Influencing Prices
- 3.6 Regulatory Framework
- 3.7 Market Dynamics
- 3.7.1 Market Driver Analysis
- 3.7.2 Market Restraint Analysis
- 3.7.3 Industry Challenges Analysis
- 3.7.4 Industry Opportunities Analysis
- 3.8 Industry Analysis Tools
- 3.8.1 Porter's Analysis
- 3.8.2 Macroeconomic Analysis- Pestle Analysis
Chapter 4 Global Extrusion Coating Market: Material Type Estimates & Trend Analysis
- 4.1 Material Type Movement Analysis & Market Share, 2023 & 2030
- 4.1.1 Polyurethane (PU)
- 4.1.1.1 Polyurethane (PU) based Extrusion Coatings Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.2 Ethylene Vinyl Acetate (EVA)
- 4.1.2.1 Ethylene Vinyl Acetate (EVA) based Extrusion Coatings Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.3 Polypropylene (PP)
- 4.1.3.1 Polypropylene (PP) based Extrusion Coatings Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.4 Polyethylene (PE)
- 4.1.4.1 Polyethylene (PE) based Extrusion Coatings Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.5 Other Material Types (If Any)
- 4.1.5.1 Other Material Types (If Any) based Extrusion Coatings Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 Global Extrusion Coating Market: Substrate Estimates & Trend Analysis
- 5.1 Substrate Movement Analysis & Market Share, 2023 & 2030
- 5.1.1 Paperboard & Cardboard
- 5.1.1.1 Extrusion Coatings Market Estimates & Forecasts, on Paperboard & Cardboard, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2 Polymer Films
- 5.1.2.1 Extrusion Coatings Market Estimates & Forecasts, on Polymer Films, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3 Metal Foils
- 5.1.3.1 Extrusion Coatings Market Estimates & Forecasts, on Metal Foils, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4 Other Substrates (If Any)
- 5.1.4.1 Extrusion Coatings Market Estimates & Forecasts, on Other Substrates (If Any), 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Global Extrusion Coating Market: Application Estimates & Trend Analysis
- 6.1 Application Movement Analysis & Market Share, 2023 & 2030
- 6.1.1 Liquid Packaging
- 6.1.1.1 Extrusion Coating Market Estimates & Forecasts, in Liquid Packaging, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.2 Flexible Packaging
- 6.1.2.1 Extrusion Coating Market Estimates & Forecasts, in Flexible Packaging, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.3 Medical Packaging
- 6.1.3.1 Extrusion Coating Market Estimates & Forecasts, in Medical Packaging, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.4 Personal Care & Cosmetics Packaging
- 6.1.4.1 Extrusion Coating Market Estimates & Forecasts, in Personal Care & Cosmetics Packaging, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.5 Industrial Packaging
- 6.1.5.1 Extrusion Coating Market Estimates & Forecasts, in Industrial Packaging, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.6 Photographic Film
- 6.1.6.1 Extrusion Coating Market Estimates & Forecasts, in Photographic Film, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.7 Other Applications
- 6.1.7.1 Extrusion Coating Market Estimates & Forecasts, in Other Applications, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Global Extrusion Coating Market: Regional Estimates & Trend Analysis
- 7.1 Extrusion Coating Market: Regional Outlook
- 7.2 North America
- 7.2.1 North America Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.2.2 U.S.
- 7.2.2.1 Key Country Dynamics
- 7.2.2.2 U.S. Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.2.3 Canada
- 7.2.3.1 Key Country Dynamics
- 7.2.3.2 Canada Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.2.4 Mexico
- 7.2.4.1 Key Country Dynamics
- 7.2.4.2 Mexico Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.3 Europe
- 7.3.1 Europe Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.3.2 UK
- 7.3.2.1 Key Country Dynamics
- 7.3.2.2 Uk Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.3.3 Germany
- 7.3.3.1 Key Country Dynamics
- 7.3.3.2 Germany Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.3.4 France
- 7.3.4.1 Key Country Dynamics
- 7.3.4.2 France Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.3.5 Italy
- 7.3.5.1 Key Country Dynamics
- 7.3.5.2 Italy Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.3.6 Spain
- 7.3.6.1 Key Country Dynamics
- 7.3.6.2 Spain Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Extrusion Coating Market Estimates & Forecasts, 2018 - 2030, (Usd Million)
- 7.4.2 China
- 7.4.2.1 Key Country Dynamics
- 7.4.2.2 China Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.4.3 India
- 7.4.3.1 Key Country Dynamics
- 7.4.3.2 India Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.4.4 Japan
- 7.4.4.1 Key Country Dynamics
- 7.4.4.2 Japan Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.4.5 South Korea
- 7.4.5.1 Key Country Dynamics
- 7.4.5.2 South Korea Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.5 Central & South America
- 7.5.1 Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.5.2 Brazil
- 7.5.2.1 Key Country Dynamics
- 7.5.2.2 Brazil Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.5.3 Argentina
- 7.5.3.1 Key Country Dynamics
- 7.5.3.2 Argentina Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.6 Middle East & Africa
- 7.6.1 Middle East & Africa Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.6.2 South Africa
- 7.6.2.1 Key Country Dynamics
- 7.6.2.2 South Africa Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
- 7.6.3 Saudi Arabia
- 7.6.3.1 Key Country Dynamics
- 7.6.3.2 Saudi Arabia Extrusion Coating Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
Chapter 8 Competitive Landscape
- 8.1 Recent Developments & Impact Analysis, By Key Market Participants
- 8.2 Company/Competition Categorization
- 8.2 Company Market Positioning
- 8.3 Company Heat Map Analysis
- 8.4 Strategy Mapping
- 8.5 Company Listing
- 8.5.1 PPG Industries, Inc.
- 8.5.2 Participant's Overview
- 8.5.3 Financial Performance
- 8.5.4 Product Benchmarking
- 8.5.5 The Sherwin-Williams Company
- 8.5.6 Akzo Nobel N.V.
- 8.5.7 Valspar
- 8.5.8 Axalta Coating Systems
- 8.5.9 Chevron Phillips Chemical Company LLC
- 8.5.10 INEOS
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