Plastic Films Market Global Size Estimation, Business Opportunities, Competitive Benchmarking, Company Industry Shares and Growth Forecasts 2019 to 2023

Global Plastic Films Market Information- by Technology (Biodegradable Films, Nanocomposites, Barrier Polymer Films, and Water-Soluble Films), Type, End User Industry (Packaging, Consumer Goods, Construction, Pharmaceutical, Electrical) and Region - Forecast till 2023

Pune, India - February 12, 2019 /MarketersMedia/ —

Plastic Films are a continuous form of plastic material that is typically thin in thickness. plain or printed, colored or transparent, single or multilayered, and are mixed with materials such as paper or aluminum. It is generally wound on a core or cut into sheets. The materials of plastic which are thicker are considered as plastic sheets. There are a vast number of plastic film materials, from films made up of a complex structure of varying materials and coatings to films comprising of a simple single-layered plastic material. The Plastic Films are used across the packaging industry for both non-food packaging and food packaging industry. It can be manufactured out of numerous plastic resins, each of which possesses different physical properties and can be suited according to different applications. Plastic Film can be colored, rough, transparent or clear, smooth, opaque or semi-transparent, or functionally embossed. The Global Plastic Film Market is expected to expand at a gradual CAGR of 5.4% with a projected reach of USD 146, 813.87 million till the end of the forecast period of 2023.

Get Sample Copy of “Plastic Films Industry Research Report – Global Forecast to 2023” @ https://www.marketresearchfuture.com/sample_request/3002

According to the latest in-depth research conducted by Market Research Future (MRFR), the four major drivers of growth of the Global Plastic Films Market are sustainability, light-weighting, consumer demands, and bioplastics. Furthermore, plastic films have found its application across various end-user industry such as consumer goods, construction, packaging, electrical, pharmaceutical, and others. The rising demand from the packaging industry is most likely to drive the market growth of the product. Additionally, rising awareness concerning the environment and adoption of environment-friendly products can potentially create new opportunities for biodegradable films, thereby further accelerating the Global Plastic Films Market.

Market Segmentation:

The Global Plastic Films Market is segmented on the following basis: Technology, End Users, and Types.
Based on Technology, the market comprises of nanocomposites, biodegradable films, water-soluble films, and barrier polymer films.

Based on Types, the market includes Linear low-density Polyethylene (LLDPE), Low-density Polyethylene (LDPE), High-density Polyethylene (HDPE), Polypropylene Films, Polyethylene Terephthalate Films (PET), Polyvinyl Chloride Films (PVC), and others like polyamide, polyvinyl butyral, polystyrene, and polyester.

Based on End-User, the market segmentation includes construction, electrical, packaging, pharmaceutical, consumer goods, and others (households and agriculture).

Have Any Query? Ask Our Expert @ https://www.marketresearchfuture.com/enquiry/3002

Regional Analysis:

The geographical segmentation of the Global Plastic Films Market includes Asia-Pacific, North America, Europe, Latin America, and the Middle East.

The Asia-Pacific region has the largest market of Plastic Films owing to the demand from various end-user industries such as the consumer goods and packaging industry. China followed by both Japan and India are the major players in this region. The growing demand for the packaging industry, especially in India, South Korea, and Taiwan has helped place the Asia Pacific as the largest consumer of the global plastic films market.

North America follows suit as the second major market player owing to the increasing consumption of plastic films across the region. Europe is the third largest market player followed by Latin America and the Middle East, both of which have witnessed expanding market growth due to the various applications of plastic films in the region.

Competitive Analysis:

Some major market players of the Global Plastic Films Market are Amcor Limited (Australia), Bemis Company, Inc. (U.S.), E. I. du Pont de Nemours and Company (US), Toray Industries Inc. (Japan), Vibac Group S.p.a. (US), Polyplex Corporation Limited (India), Sealed Air Corporation (U.S.), Jindal Poly Films Ltd. (India), Garware Polyester Company (India), Inteplast Group (US), and others.

On January 2019, Researchers from the Institute of SantLongowal Institute of Engineering & Technology announced the development of a biodegradable film which can be used as an alternative for petroleum-based plastic packaging. It is made using whey protein concentrates, lotus stem starch, and psyllium husk.
On January 2019, Novozymes, a notable Danish enzyme manufacturer, announced the launch of a joint development collaboration with Carbios, a French-based biotech, in order to commercialize biodegradable plastics. The aim of the move is to avoid contributing toxic wastage into the environment.

For more information on this Plastic Films Industry – Global Market Report @ https://www.marketresearchfuture.com/reports/plastic-films-market-3002

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Abhishek Savant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/plastic-films-market-3002

Source URL: https://marketersmedia.com/plastic-films-market-global-size-estimation-business-opportunities-competitive-benchmarking-company-industry-shares-and-growth-forecasts-2019-to-2023/481741

Source: MarketersMedia

Release ID: 481741

Latest News

Global stocks mixed after Wall Street rebound

Aug 22, 2019

BEIJING — Global stock markets were mixed Thursday following Wall Street's rebound as investors looked ahead to a speech by the U.S. Federal Reserve chairman for clues about possible interest rate cuts. Investor reaction was muted following Wednesday's release of notes from the latest Fed meeting showing conflicting opinions about rates. Benchmarks in London and Frankfurt declined in early trading. Hong Kong closed down while Shanghai and Tokyo advanced. Investors are looking to Chairman Jerome Powell's speech Friday for guidance about whether the Fed might cut rates at its next meeting in September. The Fed cut its key policy rate...

Off the hook: California king salmon rebounds after drought

Aug 22, 2019

SAN FRANCISCO — California fishermen are reporting one of the best salmon fishing seasons in years, thanks to heavy rain and snow that ended the state's historic drought. It's a sharp reversal for chinook salmon, also known as king salmon. The iconic fish helps sustain many Pacific Coast fishing communities. A marine scientist with California's fish and wildlife agency says commercial catches have so far surpassed official preseason forecasts by roughly 50%. The salmon rebound comes after three years of extremely low catches resulting from poor ocean conditions and California's five-year drought. This year's adult salmon are the first class...

Jet catches fire in Northern California; 10 aboard unhurt

Aug 22, 2019

OROVILLE, Calif. — All 10 people aboard a small jet escaped injury Wednesday after the aircraft aborted its takeoff at a small Northern California airport, went off the runway and burst into flames, officials said. The pilot of the twin-engine Cessna Citation jet aborted its takeoff at Oroville Municipal Airport for unknown reasons shortly before noon, Federal Aviation Administration spokesman Ian Gregor said. The plane was carrying two pilots and eight passengers, and "all were accounted for, no injuries," said Joe Deal, Oroville's fire and police chief. The jet had complications during takeoff that resulted in its catching fire, he...

Trump to sign student debt forgiveness for disabled veterans

Aug 22, 2019

LOUISVILLE, Ky. — President Donald Trump on Wednesday is expected to direct his administration to permanently forgive student loan debt held by disabled veterans. Trump was to sign the order after he addresses the AMVETS convention in Louisville, the White House said. In prepared remarks, Trump said his order would direct the Department of Education to "eliminate every penny of federal student loan debt owed by American veterans who are completely and permanently disabled." The administration says just half of the roughly 50,000 disabled veterans who are qualified to have their federal student loan debt forgiven have received the benefit...

Mexico concerned by dangerous natural gas thefts

Aug 22, 2019

MEXICO CITY — Mexico's president is warning against a growing trend in which thieves drill illegal taps into pipelines carrying natural gas. At least two large-scale leaks have occurred in recent weeks at illegally tapped pipelines in central Mexico. President Andres Manuel López Obrador said Wednesday that "lately we have been seeing gas thefts, which is something very dangerous." His administration has cracked down on the more common crime of stealing gasoline and diesel from fuel pipelines. While gasoline thefts remain far more common, at least some thieves have turned to stealing LP gas, which is used for cooking and...

Search

Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

Contact us: sales@deckbiz.com