Packaging Resins Market Size 2021, Share, Regional Analysis, Key Players And Key Figures Reviewed In Latest Research Report 2027
Global Packaging Resins Market Forecast 2020-2027
The global packaging resins market is forecast to reach USD 358.55 Billion by 2026, according to a new report by Reports and Data. A surge in demand for bioplastics is a significant trend in the global packaging resins market. They are biodegradable products that are derived from renewable and natural sources such as vegetable oil, potatoes, tapioca, pea starch, rice, sugar cane, cornstarch, grains, wheat, and cellulose from wood. Bioplastics are preferred over conventional plastics due to their eco-friendly nature. The food and beverage sector is fueling the demand for packaging resins market along with consumer goods. The lucrative opportunity provided by the healthcare industry is also boosting market demand. Increasing application of the healthcare industry are also fueling the packaging resins market. Furthermore, various properties of packaging resins, such as its resistance to continuously changing weather conditions is another factor that will propel the market.
Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.
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The report covers the market dynamics analysis, company profiles, production and manufacturing capacity, product specifications, product value, and key players. The report also offers an insight into the growth prospects during the forecast period. The Packaging Resins Market report also offers detailed data on the key market players to impart a deeper understanding of the competitive landscape. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and an advantageous position in the global market.
The major companies profiled in the report are:
Sinopec Corporation, SABIC, Petrochina Ltd., Borealis AG, Dowdupont Inc., M&G Chemicals, Indorama Ventures Public Company Ltd., Braskem S.A., Far Eastern New Century Corporation, and Jiangsu Sanfangxiang Group Co., Ltd, among others.
Type Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
Adhesive Resins, Barrier Resins, Modifier Resins
Product Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
LDPE, PP, PET, PVC, HDPE, PS & EPS, Others
Application Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
Food and Beverage, Healthcare, Consumer Goods, Industrial, Others.
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The report further provides an extensive analysis of the key geographical regions where the market is spread and offers a comprehensive overview of the market size, market share, revenue generation, production and consumption patterns, supply and demand ratio, and import/export ratio, among others.
Based on the regions, the report covers the following regions:
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Coverage of the Report:
- An in-depth analysis of the historical years and the forecast period has been offered in the report
- Packaging Resins Market dynamics, including key drivers, challenges, restraints, threats, and growth opportunities have been analyzed in reports
- SWOT analysis and Porter’s Five Forces analysis with feasibility analysis and investment return analysis
- Competitive landscape benchmarking along with a comprehensive overview of their company profiles, product portfolios, strategic business decisions, and financial standings
- The report covers mergers and acquisitions, product launches and brand promotions, joint ventures, collaborations, and partnerships among few
- Pictorial representation of the key statistical data into graphs, tables, charts, diagrams, and figures
- An in-depth analysis of the current and emerging market trends and developmental patterns
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