The packaging resin market will reach an estimated value of USD 3761 billion by 2027, and will record growth at a rate of 6% over the forecast period from 2021 to 2027.
The growing demand for packaging resins in various industries such as consumer goods and food and beverage will affect the packaging resin market growth in the forecast period 2020-2027. The rationalization of packaging materials, expansion of coverage in the medical industry, cost efficiency and increased shelf life of products are also expected to fuel market growth. On the other hand, growing demand for sustainable packaging solutions and the latest packaging technologies will further increase ample opportunities for market growth.
A full report of Packaging Resins Market available at https://www.orionmarketreports.com/packaging-resins-market/1907/
Packaging Resins Market: Segmentation
By Type:
• Low Density Polyethylene (LDPE)
• Polypropylene (PP)
• High Density Polyethylene (HDPE)
• Polyethylene Terephthalate (PET)
• Polystyrene (PS) & Expanded Polystyrene (EPS)
• Polyvinyl Chloride (PVC)
• Others
By Application:
• Food & Beverage
• Consumer Goods
• Healthcare
• Industrial
Major Players
• LyondellBasell Industries Holdings B.V.
• SABIC
• China Petrochemical Corporation
• Borealis AG
• INEOS
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
