Packaging Coating Additives Market By Product Type, Application, Key Companies and Regional Forecast 2019-2023


Posted August 8, 2019 by Market_123

Packaging Coating Additives Market By Product Type, Application, Key Companies and Regional Forecast 2019-2023

 
Packaging Coating Additives Market Overview to 2023:

Packaging coating materials are used to package foods, consumer goods, medical equipment, and industrial products. These packaging materials are prone to friction and possess less chemical stability. Additives are added to improve its performance, anti-microbial properties, water-repellency, pH stability, and provides less friction surface.

Get FREE Sample [email protected] https://www.marketresearchfuture.com/sample_request/7048

Increasing purchasing power of the middle-class population is expected to be the major driver of the Global Packaging Coating Additives Market. Growing consumption of packaged products is anticipated to favor the Packaging Coating Additives Market growth. Furthermore, rising health awareness among the growing population is anticipated to boost the market growth. Emerging markets in developing countries is expected to provide strong growth opportunities to the market players. In addition to this, rising demand for bio-based slip additives is likely to provide ample opportunities to the market players. Packaging leads to plastic waste which poses a major challenge to the market players.

However, stringent government and environmental regulations are expected to hamper the market growth. In addition to this, fluctuating raw material prices is anticipated to further restrain the market.
Key players:

Some of the key players operating in the Global Packaging Coating Additives Market are Croda International PLC (UK), BASF SE (Germany), Clariant (Switzerland), 3M (US), Lonza Group (Switzerland), Arkema Group (France), Solvay (Belgium), Evonik Industries AG (Germany), Daikin Industries, Ltd. (Japan), Akzo Nobel N.V. (The Netherlands), and KAO Corporation (Japan).

Segmentation analysis:

The Global Packaging Coating Additives Market has been segmented on the basis of Function, Formulation, Application and Region.

Based on Function, the Global Packaging Coating Additives Market has been categorized into slip, anti-static, anti-fog, anti-block, and antimicrobial.

By Formulation, the Global Packaging Coating Additives Market has been classified into water-based, solvent-based, and powder-based.

On the basis of Application, the Global Packaging Coating Additives Market has been divided into food packaging, industrial packaging, healthcare packaging, consumer packaging, and others.

The Global Packaging Coating Additives Market has been studied across five key regions namely, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Get Complete Research Report [email protected] https://www.marketresearchfuture.com/reports/packaging-coating-additives-market-7048

Regional Analysis:

The Global Packaging Coating Additives Market has been segmented into five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia-Pacific market dominated the Packaging Coating Additives Market in 2017 and is estimated to register the highest CAGR during the forecast period. This is attributed to growing demand from packaging application. Factors such as easy availability of raw materials, changing lifestyles, and rapid industrialization is favoring the market growth in the region. China is the leading country in the region followed by Japan, India, and Indonesia. The North American market accounted for the second-largest market share in 2017 due to rising health awareness for food packaging application and growing technological advancements in the region. The US is the major contributor in the region due to rising focus on bio-based slip additives. The European market held a significant market share in 2017 and is expected to grow at a moderate CAGR during the review period owing to the stringent government regulations on ban of plastic products for packaging. Germany is the leading country in the region due to its product innovation and presence of major manufacturing companies such as BASF SE and Evonik Industries AG in the region. The Middle East & Africa held a moderate market share in 2017 owing to favorable government rules in the region. South Africa is the major contributor in the region. The Latin American market is estimated to grow at a steady CAGR in the coming years owing to the growing packaging applications in consumer goods. Brazil, Mexico, and Argentina are the regional contributors.

Target Audience:

Traders and distributors of packaging coating additives
Packaging coating additives manufacturers
Potential investors
Production process industries
Raw material suppliers
Nationalized laboratories
Government bodies
Ask [email protected] https://www.marketresearchfuture.com/enquiry/7048
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Market Research Future
Country India
Categories Biotech , Business , Construction
Tags Packaging Coating Additives Market , Packaging Coating Additives Market Size , Packaging Coating Additives Market Share , Packaging Coating Additives Market Growth
Last Updated August 8, 2019