Rise in the global consumption of sustainable textiles has been a major factor driving market growth. Growing demand from application industries and rising prominence of eco-friendly and water soluble films have increased the utilization of plastic films and sheets in the global market.
The Global Plastic Films & Sheets Market is expected to reach USD 157.5 billion by 2025, according to a new report by Grand View Research, Inc.
The Global Plastic Films & Sheets Market is expected to reach USD 157.5 billion by 2025, according to a new report by Grand View Research, Inc.
Plastic film and sheets have attained significant popularity in applications across various industries. Active lifestyle, demographic changes and rising sustainability trend has been spurring innovation & development of plastics, thus, providing marketing opportunities in key sectors including consumer goods and food & beverages.
Robust manufacturing base in the global market coupled with growing demand in emerging economies of Asia Pacific and Central & South America is likely to augment the demand in the global market over the forecast period.
LDPE/LLDPE was the largest product segment in 2016 and is expected to witness a lucrative growth rate over the forecast period. HDPE films and sheets segment is also anticipated to observe lucrative growth rate by 2025.
To Know More About Plastic Films and Sheets Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/plastic-films-and-sheets-market
Unique properties of HDPE sheet include abrasion resistance, good electrical properties, low friction coefficient, chemical & corrosion resistance, moisture & odor resistance, and high impact strength. HDPE is widely utilized in food packaging industry and is FDA approved, borated HDPE is used on nuclear facility applications as it offers strong radiation protection.
Top Players of Plastic Films and Sheets Market:
Key participants include Toray Industries, Inc., British Polythene Industries Plc, Toyobo Co. Ltd., Berry Global, Inc., Saudi Basic Industries Corporation, Plastic Film Corporation of America, Sealed Air Corporation, DowDuPont, Novolex, Bemis Company, Inc., and Uflex Ltd.
Market Segmentation of Plastic Films and Sheets Market:
The Global Plastic Film and Sheets Market segmented on the basis of Product, Application and Region.
By Product:
LDPE/LLDPE
PVC
PA
BOPP
HDPE
CPP
By Application:
Packaging
Food
Consumer goods
Medical
Non-Packaging
Construction
Healthcare
Agriculture
Inquire about Plastic Films and Sheets Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1096
Comments
Post a Comment