As per a recent survey by insightSLICE, Global packaging resins market size is expected to reach USD 375 billion by 2031, exhibiting a CAGR of 6.5% during the forecast period 2021-2031.
Packaging resins have a place with a class of polymers that are for the packaging of different applications to keep up with the nature of the item and increment its timeframe of realistic usability. The spread out utilization of low-thickness polyethylene (LDPE) in film applications because of its adaptability, strength, and relative straightforwardness, just as in the production of convertible jugs and covers, are among the key aspects driving interest for packaging resins. The Worldwide Packaging Resins Market report gives an all-encompassing assessment of the market for the estimation time frame of 2021-2031.
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Competitive Landscape
Some of the major players in the Packaging Resins market are China Petroleum & Chemical Corporation, Lyondellbasell Industries Holdings B.V, Exxon Mobil Corporation, SABIC, Petrochina Company Limited, Borealis AG, DowduPont, Indorama Ventures Public Company Ltd., Braskem, M&G Chemicals S.A. , Arkema S.A, Borouge, DAK Americas, Far Eastern New Century Corporation, Ineos Group AG, BASF SE, Jiangsu Sanfangxiang Group Co., Ltd., Styrolution Group GmbH, Reliance Industries Ltd., Total S.A., and others.
Players in the Packaging Resins market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Packaging Resins market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Packaging Resins market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
Based on Type
Based on Application
Users can Expect Following From this Report:
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Why you should buy this report
The Packaging Resins Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.
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