Dublin, Oct. 05, 2018 (GLOBE NEWSWIRE) -- The "Packaging Coating Additives Market by Function (Slip, Anti-Static, Anti-fog, Anti-block, etc.), Formulation (Water-based, Solvent-based, Powder-based), Application (Food, Industrial, Healthcare, Consumer), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The packaging coating additives market is projected to grow from USD 688.4 million in 2018 to USD 874.5 million by 2023, at a CAGR of 4.9% from 2018 to 2023.

The packaging coating additives market is expected to witness growth owing to the increasing demand from packaging applications such as food packaging, consumer packaging, and industrial packaging. Rising competition and increasing concerns regarding environmental safety are encouraging manufacturers to develop packaging which is cost-effective, requires fewer resources, and provides better protection.

However, stringent government regulations regarding the use of plastics are expected to hamper the growth of the packaging coating additives market. Volatility in raw material prices might adversely affect the overall cost of production incurred by the packaging coating additives manufacturers.

The food packaging application segment accounted for the largest share of the packaging coating additives market in 2017. It is also estimated to be the fastest-growing market during the forecast period 2018-2023. Significant rise in the income of the middle-class population of economies such as China and India resulting in an improvement in the living standards, and increased demand for packaged food is resulting in the growth of the food packaging application.

The Asia Pacific packaging coating additives market has been studied for China, Japan, India, Indonesia, and the Rest of Asia Pacific. The Asia Pacific region is an emerging and lucrative market for packaging coating additives owing to the increasing demand for food packaging and improving economic conditions. Product innovations, new research and development projects, and increasing demand from consumer and industrial application have also fueled the demand for metal packaging coating additives in Asia Pacific.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary
3.1 Packaging Coating Additives Market, By Function
3.2 Packaging Coating Additives Market: Application Shares, By Region
3.3 Packaging Coating Additives Market, By Region

4 Premium Insights
4.1 Attractive Growth Opportunities in the Packaging Coating Additives Market
4.2 Packaging Coating Additives Market, By Application
4.3 Packaging Coating Additives Market, By Function and Formulation
4.4 Packaging Coating Additives Market, By Country
4.5 Packaging Coating Additives Market: Developing vs Developed Economies

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Disposable Income of the Middle-Class Population in the Emerging Economies
5.2.1.2 Increasing Health Awareness
5.2.2 Restraints
5.2.2.1 Stringent Environmental and Government Regulations
5.2.2.2 Volatility of Raw Material Prices
5.2.3 Opportunities
5.2.3.1 Emerging Markets Creating Strong Growth Opportunities
5.2.3.2 Increasing Demand for Bio-Based Slip Additives
5.2.4 Challenges
5.2.4.1 Managing Plastic Waste From Different Industries
5.3 Porter's Five Forces Analysis

6 Packaging Coating Additives Market, By Function
6.1 Introduction
6.2 Anti-Block
6.3 Anti-Fog
6.4 Antimicrobial
6.5 Antistatic
6.6 Slip

7 Packaging Coating Additives Market, By Formulation
7.1 Introduction
7.2 Water-Based
7.3 Solvent-Based
7.4 Powder-Based

8 Packaging Coating Additives Market, By Application
8.1 Introduction
8.2 Food Packaging
8.3 Industrial Packaging
8.4 Healthcare Packaging
8.5 Consumer Packaging
8.6 Others

9 Packaging Coating Additives Market, By Region

10 Competitive Landscape
10.1 Overview
10.2 Ranking of Key Market Players
10.2.1 Market Ranking Analysis, 2017
10.3 Competitive Scenario
10.3.1 New Product Developments & Launches
10.3.2 Acquisitions
10.3.3 Expansion
10.3.4 Partnerships
10.3.5 Investments

11 Company Profiles
11.1 Croda International PLC
11.2 BASF SE
11.3 Clariant AG
11.4 Lonza Group
11.5 3M
11.6 Arkema Group
11.7 Evonik Industries AG
11.8 Solvay S.A.
11.9 Akzo Nobel N.V.
11.10 Daikin Industries, Ltd.
11.11 Other Key Players
11.11.1 Ampacet Corporation
11.11.2 Addcomp Holland Bv
11.11.3 KAO Corporation
11.11.4 Abril Industrial Waxes Ltd
11.11.5 PCC Chemax, Inc.
11.11.6 Munzing Chemie GmbH

For more information about this report visit https://www.researchandmarkets.com/research/hn8ftb/global_packaging?w=12

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Related Topics: Packaging, Paints and Coatings 

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