Polyfilm Market

Polyfilm Market worth 167.57 Billion USD by 2026

The report "Polyfilm Market by Resin Type (LLDPE, LDPE, HDPE, BoPP, CPP, PVC, BoPET, BoPA), End-use Industry (Agriculture, Packaging, Building & Construction, Consumer Goods, Medical) and Region - Global Forecast to 2026", The global polyfilm market is projected to reach USD 167.57 Billion by 2026, at a CAGR of 4.0% from 2016 to 2026.

                            Request Sample                               View TOC

Browse 108 market data tables and 44 figures spread through 187 pages and in-depth TOC on “Polyfilm Market by Resin Type (LLDPE, LDPE, HDPE, BoPP, CPP, PVC, BoPET, BoPA), End-use Industry (Agriculture, Packaging, Building & Construction, Consumer Goods, Medical) and Region - Global Forecast to 2026”
Early buyers will receive 10% customization on reports.

Packaging is expected to be the fastest-growing end-use industry segment of the polyfilm market

Packaging is expected to be the fastest-growing end-use industry segment during the forecast period. The rigid packaging subsegment of the packing segment is expected to witness high growth. The PET segment is expected to lead the market, as PET is light in weight and reduces cost as well as environmental impact during transport. The demand for flexible packaging is expected to increase in food & beverage, tobacco, beauty & personal care, and tissue & hygiene in the coming years.

Linear Low Density Polyethylene (LLDPE) is the largest segment of the polyfilm market, segmented based on resin type

LLDPE is the largest segment of the polyfilm market, due the desirable properties of LLDPE when used individually or when mixed with other resin types. LLDPE is majorly used in flexible packaging, especially in food and textiles industries, in the form of extruded monolayer or in composites with PVDC, EVA, and other polyolefins as per application. For waste bags, stretch and shrink films LLDPE is coextruded with Low Density Polyethylene (LDPE) and Ethyl Vinyl Acetate (EVA). LLDPE replaces LDPE in films and finds increasing use in large retail unit packaging markets.

Asia-Pacific is the fastest-growing market for polyfilm, followed by Middle East & Africa. India and China have a major role to play, in terms of polyfilm demand. Indonesia, South Korea, Vietnam, and Philippines are also expected to witness high demand for polyfilms in coming years.

Demand from packaging and agriculture end-use industry is the major driver of the polyfilm market

Rising population, improving food-packaging techniques, technological advancements in agriculture through the use of greenhouse films are the key factors expected to fuel the growth of the polyfilm market. Advancements in crop cultivation and increasing government subsidies in emerging countries has led to increasing usage of greenhouse films. The packaging industry There is a high demand for BoPET and BoPP-based films from the packaging industry, owing to the properties of these resins, including durability, light weight, inertness, and moisture or air resistance.

Key market players in the polyfilm market

The key players in the polyfilm market are Jindal Polyfilm (India), Formosa Plastics Corporation (Taiwan), Chiripal Polyfilm (India), Cosmo Films (India), Polyplex Corporation (India), Uflex Limited (India), Taghleef Industries (U.A.E), Vacmet India Pvt Limited (India), Garware Polyester (India), Max Speciality Films (India), and SRF Limited (India).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]

Polyfilm Market Size,  Share & Growth Report
Report Code
CH 4431
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Polyfilm Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status

Digital Virtual Assistant - MarketsandMarkets