Plastic Films market report gives a complete investigation of key players in the commercial center by featuring their item layout, industry rundown, and procedure. It gives basic and itemized information for investment plans with innovative work spending plans, raw material spending plans, work cost, and different assets. Chemical and Materials industry is enormous enough to assemble a supportable business, so this report causes the readers to recognize the open doors in Plastic Films Market. The report assists industry leaders to make smart business choices which will eventually result in Plastic Films market growth. Some of the key players profiled in the study are Uflex Limited; SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED; Treofan Group; Vibac S.p.A.; POLYPLEX; Inteplast Group and Exxon Mobil Corporation Mitsubishi Chemical Corporation; Dupont Teijin Films U.S.
Market Analysis: Global Plastic Films Market
Global Plastic Films Market is expected to rise to an estimated value of USD 184,222.24 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026.
Plastic films is a type of thin form of plastic that are made up of a variety of materials combined together to form a solid sheet. These films comprise of different resins with each component offering their unique characteristics. These films have the characteristic/capability of being printed on, and also available in different colours. They are also combined with different materials to form more than one layering providing better durability and strength.
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Key Market Competitors:
Toray Plastics (America), Inc.; Limited Partnership; Dow; Berry Global; FSPG; Jindal Poly Films Ltd.; RPC bpi group; Garware Polyester Ltd.; Innovia Films; Klöckner Pentaplast; RKW Group; among others.
- High growth for bio-plastics products from food packaging applications is expected to augment growth of the market
- Light-weight & sustainable nature of these products is expected to augment growth of the market
- Growth in demand for decorative laminate products & solutions is also expected to augment growth of the market
- Growing concerns regarding the increasing cost of raw materials; this factor is expected to restrict the growth of the market
- Presence of strict regulations regarding plastics and their usage presented by the governments is also expected to restrict the growth of the market
Segmentation: Global Plastic Films Market
Global Plastic Films Market By Technology (Nanocomposites, Water-Soluble Films, Biodegradable Films, Barrier Polymer Films), Polymer Type (Polyethylene Films, Polypropylene Films, Polyvinyl Chloride Films, Polyester/Polyethylene Terephthalate, Barrier Polymers, Biodegradable Polymers), Application (Decorative, Packaging, Industrial, Agricultural, Medical & Health Care), End-Use Industry (Packaging, Consumer Goods, Construction, Pharmaceutical, Electrical, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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Global plastic films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plastic films market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Developments in the Market:
In March 2019, Exxon Mobil Corporation announced that they are expanding their Baton Rouge presence with the establishment of a new polypropylene manufacturing facility to be constructed adding upto 450,000 annual capacity of polypropylene. This expansion is set to result in greater avenues for growth and an expanded product portfolio of polypropylene plastic
In February 2018, Berry Global announced that they had completed the acquisition of Clopay Plastic Products Company, Inc. The price was previously agreed on USD 475 million with Griffon Corporation. The acquisition will increase Berry Global’s innovative product offerings especially for films and laminates for a wide range of applications ranging from hygiene, healthcare, industrial clothing and construction. This will also increase the resources available with Berry Global along with extending their geographical footprint
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Table of Content
- Research Methodology
- Market Overview
- Ingredients Overview
- Product Overview
- Application Overview
- Regional Overview
- Company Profile
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Research Methodology: Global Plastic Films Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Global Plastic Films Market report Synopsis
- Strategic recommendations in key business sections in light of the market estimations.
- The key findings and recommendations highlight crucial progressive industry trends in the Global Plastic Films Market, thereby allowing players to develop effective long term strategies
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Global Plastic Films Market.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Global Plastic Films Market
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