Blog Information

• Posted By : dean ambrose
• Posted On : Mar 27, 2023
• Views : 135
• Category : General
• Description : The global plastic films market size reached US$ 151.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 207.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.20% during 2023-2028

Overview

• According to the latest report by IMARC Group “Plastic Films Market: Global Industry Size, Share, Trends, Growth Rate, Research Report, Opportunity and Forecast 2023-2028“. The global plastic films market size reached US$ 151.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 207.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.20% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
  
  Plastic film is a thin, continuous plastic material that can be rolled onto a core or cut into sheets. It is formulated with anti-blocking agents, such as kaolin and amorphous silicate, to minimize the sticking of film layers during unwinding. It has various aesthetic finishes, including glossy, matte, opaque, transparent, and pearlescent. It is ideal for manufacturing plastic film capacitors with metalized electrodes in direct current (DC) applications due to its high electrical properties, the low tendency for self-healing during service, and improved insulation resistance. As a result, plastic film finds extensive applications in the healthcare, construction, packaging, electronics, and agriculture industries across the globe.
  
  Request for a free sample copy of this report: https://www.imarcgroup.com/plastic-films-market/requestsample
  
  Plastic Films Market Trends:
  
  The global plastic films market is primarily driven by the rising use of plastic films in the agriculture industry to construct greenhouses, low tunnel covers, mulching, and walk-in tunnels. Moreover, the surging adoption of high-density polyethylene (HDPE) sheets due to their durability, weather resistance, corrosion and binding resistance, and waterproofing benefits is positively influencing the market growth. Additionally, escalating demand for processed food due to changing food habits of people has catalyzed market growth. Furthermore, the rising use of plastic films in roof flooring, as it helps prevent leakage and protect buildings from extreme temperatures, is contributing to the market growth. Other factors, including the rising use of plastic films in the construction industry, widespread adoption of plastic films in nuclear facilities to enhance radiation protection, and rapid expansion in the packaging industry, are also anticipated to drive the market further.

  Report Segmentation:

  The report has segmented the market into the following categories:

  Product Type Insights:
  
  Polyethylene Terephthalate (PET)
  Polyvinyl Chloride (PVC)
  Polypropylene (PP)
  Polyethylene (PE)
  Others
  
  Application Insights:
  
  PackagingFood Containers
  Blister Packs
  Electric & Electronic Purposes
  Others
  DecorationSolid Color
  Others
  IndustrialConstruction Materials
  Safety Materials
  Advertisement Lighting
  Others
  
  Market Breakup by Region:
  
  North America (United States, Canada)
  Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  Latin America (Brazil, Mexico, Others)
  Middle East and Africa
  
  Competitive Landscape:
  
  Amcor plc
  Berry Global Inc.
  Cosmo Films Limited
  Dow Inc.
  DuPont de Nemours Inc.
  Exxon Mobil Corporation
  Inteplast Group Corporation
  Jindal Poly Films
  Mitsubishi Chemical Holdings Corporation
  Polyplex Corporation Limited
  RKW Group
  Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
  Toray Industries Inc.
  UFlex Limited
  
  Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/plastic-films-market
  
  If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
  
  About Us
  
  IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
  
  IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
  
  Contact US
  
  IMARC Group
  
  Email: sales@imarcgroup.com
  
  USA: +1-631-791-1145 | Asia: +91-120-433-0800
  
  Address: 134 N 4th St. Brooklyn, NY 11249, USA
  
  Website: https://www.imarcgroup.com/
  
  Follow us on Twitter: @imarcglobal
  
  Linkedin: https://www.linkedin.com/company/imarc-group