Reports and Data estimates the global Packaging Resins competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Packaging Resins during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include 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.

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Packaging Resins Overview :-

Bio-plastic packaging are in high demand as these packaging materials help reduce carbon footprint and eliminate need for dumping in landfills. More than 200 million tons of waste is generated by plastics that leads to significant landfill issues. Manufacturers of packaging products are focusing on increasing production of bio-plastics packaging to reduce plastic waste volumes. Growing demand for packaging from the food packaging industry owing to increasing preference for ready-to-eat and read-to-cook food, and eat on-the-go trend are factors supporting growth of the packaging market. In addition, increasing COVID-19 cases and government rules regarding restrictions on dine-out to maintain social distance is resulting in higher adoption of home delivery of food is supporting the packaging market growth. These factors, is turn, are expected to impact revenue growth of the global packaging resins market positively.

Rising inclination for affordable, light-weight, advantageous, and easy to use packaging from food joints is expected to boost market growth. Low cost of Low-density polyethylene (LDPE), easy availability, and wide usage of LDPE in various end-use industries are expected to support growth of the global packaging resins market during the forecast period. High-density polyethylene (HDPE) are utilized to make various kinds of bottles and containers. The non-pigmented containers are translucent and has exceptional barrier properties and firmness, and are perfect for those products that have a very short shelf life. This, in turn, is boosting growth of the global packaging resins market.

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For the purpose of this report Reports and Data has segmented global Packaging Resins market on the basis of type, application, and region:

By Type Outlook             

·       Adhesive Resins

·       Barrier Resins

·       Modifier Resins

By Product Outlook       

·       LDPE

·       PP

·       PET

·       PVC

·       HDPE

·       PS and EPS

·       Others

By Application Outlook               

·       Food and Beverage

·       Healthcare

·       Consumer Goods

·       Industrial

·       Others

Key Regional Markets Covered in the Report:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

·       What is the expected year-on-year growth of the Packaging Resins during the forecast period?

·       What key trends are expected influence revenue growth of the market going ahead?

·       Which region is expected to account for largest revenue share over the forecast period?

·       Which key companies are profiled in the report?

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About Reports and Data 

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