Blog Information
- Posted By : dean ambrose
- Posted On : May 17, 2023
- Views : 32
- 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
IMARC Group, a leading market research company, has recently releases report titled “Plastic Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global plastic films market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the plastic films market?
Report Attributes
Details
Market Size in 2022
US$ 151.6 Billion
Market Forecast in 2028
US$ 207.5 Billion
Growth rate (2023 to 2028)
CAGR of 5.20%
Base Year of the Analysis
2022
Forecast Period
2023-2028
What is plastic films?
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
What are the growth prospects and trends in the plastic films?
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.
What is included in market 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:
- Packaging
- Food Containers
- Blister Packs
- Electric & Electronic Purposes
- Others
- Decoration
- Solid Color
- Others
- Industrial
- Construction Materials
- Safety Materials
- Advertisement Lighting
- Others
Breakup by Geography:
- 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
Who are the key players operating in the industry?
The report covers the major market players including:
- Abcam plc.
- Active Motif Inc.
- Diagenode S.A. (Hologic Inc.)
- EpiGentek Group Inc.
- Illumina Inc.
- Merck KGaA
- New England Biolabs Inc.
- PerkinElmer Inc.
- Qiagen N.V.
- Thermo-Fisher Scientific Inc.
- Zymo Research Corporation
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6946&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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