Polyethylene Closure Market Size, Share, Key Drivers, Growth and Opportunity Analysis
The polyethylene closure market is expected to witness market growth at a rate of 5.5% in the forecast period of 2022 to 2029 and is expected to reach USD 3,723.9 million by 2029. Data Bridge Market Research report on polyethylene closure market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand from small and medium scale end-user industries is escalating the growth of polyethylene closure market.
Polyethylene has long been favoured for water bottle closures owing to its higher organoleptic that is taste and odor properties. Now, numerous NOVA chemicals polyethylene resins have the performance characteristics that are needed for hot fill and carbonated soft drink (CSD) beverage closures. Changing hot fill and CSD from polypropylene to polyethylene allows the closure to have a one-piece construction, which provides two key sustainability advantages: less material usage and easier recyclability to reduce landfill waste.
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Some of the major players operating in the polyethylene closure market are BERICAP, Closure Systems International, AptarGroup Inc., Silgan Holdings Inc., ALPLA-Werke Alwin Lehner GmbH & Co KG, Mold-Rite Plastics, Oricon Enterprises Ltd., Henan Zhongfu industry Limited, BLACKHAWK, MOCAP, Amcor plc, Crown Holdings Inc., Berry Global Inc., BALL CORPORATION, ALBEA and Coral Products among others.
Scope of the Polyethylene Closure Market Report:
The polyethylene closure 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 types, the polyethylene closure market is segmented into compression moulding and injection molding.
- On the basis of application, the polyethylene closure market is segmented into beverage industry, pharmaceutical industry and personal care products.
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Polyethylene Closure Market Regional Analysis/Insights
The Polyethylene Closure market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Polyethylene Closure 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.
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