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Tie Layer Resin Market worth $1.8 billion in 2029

Published: August 14, 2024
Author: TEXTILE VALUE CHAIN

The report Tie Layer Resin Market by Base Resins (LLDPE, LDPE, HDPE, PP, EVA), Type (Reactive, Non-Reactive), Application (Flexible, Rigid), End-use Industry (Food & Beverage, Pharmaceutical & Medical, Automotive), and Region – Global Forecast to 2029″, size is projected to grow from USD 1.6 billion in 2024 to USD 1.8 billion in 2029, at a CAGR of 3.6%. The medical sector is showing significant potential demand for tie layer resins due to several critical factors. The need for high-performance medical packaging is paramount to ensure the safety, sterility, and longevity of medical products. Tie layer resins play a crucial role in multi-layer packaging by providing strong adhesion between different materials, enhancing the barrier properties against contaminants, moisture, and oxygen. This is particularly important for medical devices, pharmaceuticals, and sterile supplies. Additionally, the medical sector is increasingly adopting advanced polymer-based products, such as catheter tubing and flexible medical films, which require reliable bonding solutions that tie layer resins offer. The growing demand for minimally invasive medical procedures also drives the need for complex multi-layer structures, where tie layer resins ensure the mechanical integrity and performance of medical components.

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  • 170 Market data Tables
  • 65 Figures
  • 320 Pages and in-depth TOC on “Tie Layer Resin Market – Global Forecast to 2029”

Some of the prominent key players are:

  • LyondellBasell Industries Holdings B.V. (UK)
  • Westlake Corporation (US)
  • Mitsui Chemicals, Inc. (Japan)
  • Mitsubishi Corporation (Japan)
  • Exxon Mobil Corporation (US)
  • Dow (US)
  • Polyram Group (Israel)
  • Zeus Company LLC (US)
  • The Compound Company (Netherlands)
  • Allnex GmBH (Germany))

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