Packaging Resins Market 2017-2023: Market Size, Industry Trends –
BASF SE, Total S.A., Exxonmobil Chemical, SABIC, Dowdupont Inc., Sinopec Corporation, Lyondellbasell Industries Holdings B.V, Braskem S.A., Petrochina Ltd.
According to a new research report published by xResearch, the global packaging resins market is expected to exhibit positive growth trend and reach a significant valuation by the end of the forecast period of 2017-2023. The report provides 360° analysis of packaging resins market size, share, growth, future trend and forecast from view of manufacturers, regions, product types and end industries and this factor which is useful to the business.
The packaging resins market was valued at USD XXX Million in 2018 and is projected to reach USD XXX Million by 2023, growing at a CAGR of XX% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for packaging resins.
The global packaging resins market spans across the regions of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America and Europe collectively account for XX% of the market. In North America, U.S. is the prominent market in North America. However, Asia Pacific is slated to be the fastest growing market for Packaging Resins. Countries such as China, India and Japan are anticipated to be the major contributor to the growth of packaging resins.
The global packaging resins market has been segmented based on type and application. By type, the global packaging resins market has been segmented into Low-density polyethylene (LDPE), Polyethylene terephthalate (PET), Polypropylene (PP), Polyvinyl chloride (PVC), High-density polyethylene (HDPE) and Others. The HDPE segment is capturing XX% the market while PVC segment is expected to exhibit significant growth during the forecast period.
By application, the global packaging resins market has been segmented into food & beverage, healthcare, consumer goods and other industrial application. The food & beverage segment market was held to be USD XXX Million in 2018 and is anticipated to reach to a market valuation of USD XXX Million by the end of 2023. The consumer goods segment is expected to showcase positive growth trend.
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The key players operating in the global packaging resins market include BASF SE, Total S.A., Exxonmobil Chemical, SABIC, Dowdupont Inc., Sinopec Corporation, Lyondellbasell Industries Holdings B.V, Braskem S.A., Petrochina Ltd. and other key & niche players. Company profile provide key facts, company background, SWOT analysis, market assessment, key strategic objectives and challenges, recent developments, regional category analysis and competitive positioning and prospects.
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