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Tie Layer Resin Market Size

  • Report ID: GMI5327
  • Published Date: Aug 2022
  • Report Format: PDF

Tie Layer Resin Market Size

Tie Layer Resin Market size was valued at more than USD 8 billion in 2021. Due to its increased usage in multi-layered packaging, the industry is projected to grow at a CAGR of over 5% through 2030.

 

Tie layer resin (TLR) is primarily used in multi-layer packaging. It is also used as a barrier resin that can increase the product’s shelf life. Multi-layer packaging is increasingly used in the meat, food, and pharmaceutical industries, thereby fueling product demand. Packaging is a key area of application of tie resins and its demand is poised to increase over the coming years with the rising consumption of packaged food products across the world.

 

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

Global market for tie layer resin was valued at over USD 8 billion in 2021 with rising usage of TLR in multi-layered packaging.

The LLDPE segment will register a value of over USD 5 billion by 2030 due to its applicability in the automotive sector.

The reactive resins TLR segment will account for over 60% of market share by 2030 with its increased usage in food packaging due to its robust barrier characteristics.

Mitsui Chemicals, Exxon Mobil, Eastman Chemical, DuPont, The Dow Chemical Company, Lyondellbasel, Arkema, Westlake Chemicals, Mitsubishi Chemical, and Addivant.

Tie Layer Resin Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 10
  • Tables & Figures: 438
  • Countries covered: 19
  • Pages: 320
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