Global Calendering Resins Market, By Product Type (PVC, PET, PETG), Application (Furniture and Furniture Trim, Automotive, Food and Beverages, Electronics and Electrical, Building and Construction, Healthcare and Medical, 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 Calendering Resins Market
Calendering resins market is expected to register its growth at a rate of 5% for the forecast period of 2021 to 2028 and is likely to reach USD 7,100.0 million by 2028. Data Bridge Market Research report on calendering resins 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.
Calendering resins are the used to make surface coatings for furniture and other products which need a shiny finish and hard. They also have many advantages such as being non-toxic and environmentally friendly.
The rise in the inclination of product manufacturers towards the adoption of flexible packaging solutions over rigid packaging solutions is expected to augment market growth in the forecast period of 2021 to 2028. The rapid industrialization and urbanization across the globe, and rise in food and beverages, automotive and medical and health care industries are also expected to be as the major factors leading to the growth of the calendering resins market. The major factor accountable for the growth of the market is the rapid growth in the residential sector in urban as well as semi-urban areas across the world.
- In addition, the introduction of new products in the flexible packaging industry, rapid technological advancements along with the rise in the research and development activities to develop sustainable and more effective packaging coatings are projected to create lucrative opportunities in the above mentioned forecast period.
However, the volatile raw material prices and easy availability of various packaging materials used in the packaging sector are expected to act as major restraining factors towards the growth of the calendering resins market, whereas the strict regulatory policies and pressure of cutting prices can challenge to the market growth over the forecast period.
This calendering resins 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 calendering resins 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 Calendering Resins Market Scope and Market Size
Calendering resins market is segmented on the basis of product type 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.
- On the basis of product type, the calendering resins market is segmented into PVC, PET and PETG.
Application segment for calendering resins market includes furniture and furniture trim, automotive, food and beverages, electronics and electrical, building and construction, healthcare and medical and others.
Calendering Resins Market Country Level Analysis
Calendering resins market is analyzed and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the 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.
North America leads the calendering resins market due to the growth of the food and beverages sector. Asia-Pacific is expected to expand at significant rate over the forecast period of 2021 to 2028 due to the rise in food and beverages, automotive and medical and health care industries.
The country section of the 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 Calendering Resins Market Share Analysis
Calendering resins 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 calendering resins market.
The major players covered in the calendering resins market report are Formosa Plastic Corporation, Eastman Chemical Company, SK chemicals, Westlake Chemical Corporation, Shin-Etsu Chemical Co., Ltd., Occidental Petroleum Corporation, SABIC, Indorama Ventures Public Company Limited, Reliance Industries Limited, LG Chem, Celanese Corporation, Covestro AG, Avery Dennison Corporation, Salem-Republic Rubber Company, Hallstar and Klöckner Pentaplast 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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