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Tie Layer Resin Market Share

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

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Tie Layer Resin Market Share

Some key players involved in the tie layer resin market include

LyondellBasell
Mitsui Chemicals
Exxon Mobil
Eastman Chemical
DuPont
The Dow Chemical Company
Arkema
Westlake Chemicals
Mitsubishi Chemical
Addivant

Prominent players are actively involved in strategic business activities to expand their footprint. For instance, in July 2022, Arkema improved its position in the South African adhesive business with the acquisition of Permoseal. With this move, Arkema’s presence in the construction, industrial, and DIY markets in Sub-Saharan Africa and South Africa was intended to be reinforced through its popular brands, such as Alcolin, and a wide range of high-performance adhesive solutions.

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.