What is Global Plastic Calendaring Resins Market?
The Global Plastic Calendaring Resins Market is a vast and complex industry that deals with the production and distribution of plastic resins used in calendaring processes. Calendaring is a finishing process used in the manufacturing of plastic films and sheets, where heated plastic resins are passed through a series of rollers to achieve a desired thickness and surface finish. The plastic resins used in this process include a variety of polymers such as polyvinyl chloride (PVC), polyethylene terephthalate (PET), polypropylene (PP), and others. These resins are chosen based on their specific properties, such as durability, flexibility, and resistance to heat and chemicals. The global market for these resins is driven by their widespread use in various industries, including packaging, automotive, construction, and electronics, among others. However, the market is also influenced by various factors such as the fluctuating prices of raw materials, environmental concerns related to plastic use, and technological advancements in plastic manufacturing and processing.
Polyvinyl Chloride, Polyethylene Terephthalate, Polypropylene, Others in the Global Plastic Calendaring Resins Market:
The Global Plastic Calendaring Resins Market is segmented based on the type of resin used, which includes Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polypropylene (PP), and others. PVC is a versatile plastic used in a wide range of products, from pipes and cable insulation to clothing and inflatable structures. Its popularity in the calendaring resins market is due to its excellent physical and chemical properties, such as high flexibility, durability, and resistance to fire, oil, and chemicals. PET, on the other hand, is a clear, strong, and lightweight plastic widely used in packaging applications, particularly for food and beverages. It is favored for its excellent barrier properties, which help to preserve the freshness and quality of the packaged goods. PP is a tough, heat-resistant plastic used in a variety of applications, from automotive parts to textiles and packaging. Its use in the calendaring resins market is driven by its excellent mechanical properties, such as high tensile strength and impact resistance. Other types of resins used in the market include polystyrene (PS), polyethylene (PE), and polycarbonate (PC), each with their own unique properties and applications.
Food & Beverages, Healthcare & Medical, Automotive, Others in the Global Plastic Calendaring Resins Market:
The Global Plastic Calendaring Resins Market finds extensive application in various sectors such as Food & Beverages, Healthcare & Medical, Automotive, and others. In the Food & Beverages sector, these resins are used in the production of packaging materials, such as films and sheets, which help to preserve the quality and freshness of the food and beverage products. In the Healthcare & Medical sector, they are used in the manufacturing of medical devices and equipment, as well as in the packaging of pharmaceutical products. In the Automotive sector, these resins are used in the production of various automotive components, such as interior trim, upholstery, and dashboard panels. Other sectors where these resins find application include construction, electronics, and consumer goods, among others.
Global Plastic Calendaring Resins Market Outlook:
The future of the Global Plastic Calendaring Resins Market looks promising, as per a new survey. The market, which was valued at US$ 22260 million in 2022, is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.0% from 2023 to 2029, reaching a value of US$ 33480 million by the end of the forecast period. This growth is expected to be driven by various factors, including the increasing demand for plastic films and sheets in various industries, the technological advancements in plastic manufacturing and processing, and the growing awareness about the benefits of using plastic resins in calendaring processes. However, the market also faces several challenges, such as the fluctuating prices of raw materials and the environmental concerns related to plastic use. Despite these challenges, the market is expected to continue its upward trajectory, thanks to the ongoing research and development activities aimed at improving the properties and performance of plastic resins used in calendaring processes.
| Report Metric | Details |
| Report Name | Plastic Calendaring Resins Market |
| Accounted market size in 2022 | US$ 22260 million |
| Forecasted market size in 2029 | US$ 33480 million |
| CAGR | 6.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Formosa Plastics Corporation, Eastman Chemical Co, Saudi Basic Industries Corporation, Indorama Ventures Public Company Limited, LOTTE Chemical Corporation, LG Chem Ltd., Reliance Industries Limited, Lyondell Basell Industries Holdings B.V., INEOS Olefins & Polymers USA, LLC, Westlake Corporation |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
