Global Packaging Resins Market

Mar 2020| VMR1769A| Verified Market Research

Report Highlights

Packaging Resins Market

According to Verified Market Research, Global Packaging Resins Market was valued at USD 193.30 Billion in 2018 and is projected to reach USD 359.30 Billion by 2026, growing at a CAGR of 8.07% from 2019 to 2026.

Global Packaging Resins Market Outlook

Higher adoption of low-density polyethylene (LDPE) in film applications on account of its flexibility, toughness, and relative transparency and in manufacturing flexible bottles and lids are among the crucial factors propelling the demand for packaging resins. Furthermore, properties of packaging resins such as excellent resistant to bases, acids, vegetable oils, lower moisture vapor transmission, and high impact strength have led to increasing the usage of packaging resin in the various end-use industries; thereby propelling the global packaging resins market growth during the forecast period.

Global Packaging Resins Market Competitive Landscape

The Global Packaging Resins Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Sinopec Corporation, Exxonmobil Chemical, Petrochina Ltd., Borealis AG, Braskem S.A., and Dowdupont Inc.

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