Global packaging resins market 2017-2022
According to a new report by MarketsandMarkets (M&M), the global packaging resins market is estimated at USD 192.17 Billion in 2017, and is projected to reach USD 277.13 Billion by 2022, at a CAGR of 7.6% from 2017 to 2022. Factors, such as increasing consumer preference for convenient packaging, increasing demand from the food & healthcare sectors, ease of use, and lightweight nature drive the demand for plastic packaging, which are thereby expected to drive the packaging resins market.
Key players in the market include ExxonMobil Corporation, Sinopec Corporation, LyondellBasell Industries Holdings B.V., SABIC, PetroChina Company Ltd. and DowDupont Inc. (Press Release M&M, 8 May 2018).
Click here for the press release.
Click here for more information about the report.
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