[Online Quarterly Update] The global peelable seal resins demand is projected to grow at a healthy CAGR of 5.02% during the forecast period until 2030. Peelable seal resins are formulated resins, generally made from one or more polymeric resins. The commonly used base resins in peelable seal resins are EVA, Acrylate copolymers, LDPE, PP and Polybutene. They may also contain modified phenol and fillers. Peelable seal resins are blended with substrate during extrusion coating or blown film manufacturing process. These resins offer improved safety, convenience as well as reduced packaging opening forces.
The Peelable Seal Resin market is majorly driven by the packaging industry. By grade (resin) type, Peelable resin are classified as Ethyl Methyl Acrylate (EMA), Polybutene, Ethylene Vinyl Acetate (EVA). Predominantly, EMA and Polybutene based peelable seal resin are used globally. These resins are mainly used for extrusion coating, blown film and cast film application. The demand for PE based peelable seal resin is low as polybutene based additives, mainly PB-1 PB8640M is used in substantial quantity for LDPE / LLDPE films. Even metallocene LLDPE gives good sealing properties leaving less scope for it. For PP based substrate again, peelable seal resins are used. PP additives can also be used technically but the process is very complicated and temperature sensitive and cannot be carried out by the processors without adequate training. Though EMA based peelable seal resins have highest consumption. However, these are used only for extrusion coating films and not much preferred in food packaging due to a peculiar smell.
Peelable seal resins can be used blended with wide range of substrates including PE, PP, PS, PVC, cPET, Aluminium and Epoxy. It is also a potential substitute to synthetic lacquer coatings due to absence of solvents and negligible VOC during processing.
Based on End Use, Peelable seal resin market is segmented into Film to tray, Film to Film, Film to paperboard, Film to Foil, Film to paper. The majority of the demand of peelable seal resin end use is from Film to tray application.
APAC is the dominating region in the global Peelable Seal Resins market, owing to an increase in demand from packaging and consumer products from emerging nations such as India, China, Japan and South Korea,.
Major companies operating in the global Peelable Seal Resin Market are Lyondell Basell Industries Ltd, Arkema Functional Polymers, Dupont Packaging & Industrial Polymers, Mitsubishi Chemicals, Yashura Chemical Company Ltd.
Years Considered for this Report:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
•The primary objective of the study was to evaluate and forecast Peelable Seal Resins’ capacity, production, demand, inventory, and demand–supply gap globally.
•To categorize Peelable Seal Resins’ demand based on end use, type, region and distribution channel.
•To identify major customers of Peelable Seal Resins globally.
•To evaluate and forecast Peelable Seal Resins’ pricing globally.
•To identify and profile major companies operating in the global Peelable Seal Resins market.
•To identify major news, deals and expansion plans in the global Peelable Seal Resins market.
To extract data for the global Peelable Seal Resins market, primary research surveys were conducted with Peelable Seal Resin manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for the global Peelable Seal Resins market over the coming years.
ChemAnalyst calculated Peelable Seal Resins’ demand globally by analyzing the historical data and demand forecast. ChemAnalyst sourced these values from industry experts and company representatives and externally validated analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience
•Peelable Seal Resin manufacturers and other stakeholders
•Organizations, forums and alliances related to Peelable Seal Resins’ distribution
•Government bodies such as regulating authorities and policy makers
•Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Peelable Seal Resin manufacturers, distributors and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
In this report, the global Peelable Seal Resins market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Grade
Ethyl Methyl Acrylate (EMA), Polybutene, Ethylene Vinyl Acetate (EVA) and Others
Market, by End Use
Film to Tray, Film to Film, Film to Foil, Film to Paperboard, Film to Foil, Film to paper
Market, by Distribution Channel
Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region
North America, APAC, Europe, MEA, South America
ChemAnalyst offers detailed analysis of major players including basic company details, segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you can’t find what, you are looking for then please get in touch with our custom research team at email@example.com