Polyethylene Coatings Market Dynamics, Regions, Consumption, Production, Suppliers and Forecast 2022
The Global Polyethylene
Coatings Market is expected to witness an exponential growth over
forecast year. Polyethylene is manufactured from ethylene that is the staple
raw material here. Ethylene is produced by a steam cracking process whereby
unsaturated hydrocarbons give way to saturated ones. The same ethylene is also
used to hasten fruits into getting ripe and speed up growth rate of trees,
seedlings, vegetables and fruit trees. Ethylene being combustible is also used
as an oxy-acetylene flame for cutting of metals.
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Polyethylene coating is fashioned on the lines of thermoplastic
pipe coating which is the largest pipe coating used in different end-use
industries. Thermoplastic coatings have typical properties of high resistance
to chemicals; undertake high stress and are very flexible with ease of
applicability. Thermoplastic polymer is the largest pipe coating available and
Polyethylene or PE coatings are the largest thermoplastic polymer coating.
Other types of thermoplastic polymer coating are Polypropylene (PP) and
Polyurethane Coatings (PU).
Amongst end-users, oil and gas is the largest end-user industry
due to colossal demand for oil and gas across the globe and oil and gas is
displaying exuberant demand in pipes in mid and up level activities showing
great growth in Pipe coatings. Polyethylene coatings market (PE) which is a
type of pipe coatings is also facing growth due to these reasons. Low density
polyethylene (LDPE) is very versatile type of plastic and holds maximum share
in the market due to its superior optical properties in comparison with linear
polyethylene and with good properties, it is used in liquid packaging, folding
carton and others. Paper and paperboard is the largest substrate segment and
properties such as light-weight structure, recyclability and low cost are
taking paper and paperboard to great phases in growth.
The Ultra high molecular weight polyethylene coatings market
(UHMWPE) is classified under the sub segments of thermoplastic polyethylene
(TPE). UHMWPE consists of long chains of polyethylene with high molecular
weight. That is greater than ten times the density of PE that gives high
tensile strength, impact and a frictionless performance. UHMWPE is an odorless, tasteless and
non-poisonous polyethylene. Segmentation of polyethylene coatings market
includes films and sheets, extrusion coating, injection molding and others.
Segmentation of the market by applications includes agriculture, packaging,
construction, electronics, automotive, consumer goods and others.
By type,
polyethylene coatings include pharmaceutical grade and industrial grade.
By geographical region, this sector is split into North America,
Europe, Asia Pacific, MEA and Latin America. The key industrial players in polyethylene coatings market include:
·
Dow Chemical,
·
Sumitomo Seika,
·
Miesel Chemical Works,
·
Shanghai Liansheng Chemical,
·
Zibo Kaiyuan
·
Fine Chemical
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