Industrial Films Market

Introduction of the Industrial Films Report

Films are made form polyester base or clear acetate, and are used in n number of industries, for packaging storage and other process. With the expansion of packaging and food and beverage industry the demand for the films are poised to grow, which is anticipated to the growth of the market.

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Industrial Films Dynamic

Key Drivers and Emerging Trends

The rising demand for bi-axially oriented films, due to its increasing popularity among all types of films is a factor which has surged the growth of the market. These films are stretched in both machine direction and transverse direction to design them with desired properties such as an excellent combination of optical, mechanical, thermal, and physical characteristics; transparency; chemical stability; and electrical insulation, among others. In addition, the consumption of convenience food is a factor which is likely to drove the growth of the market. According to “Confederation of Indian Industry”, India’s frozen food industry is expected to grow faster than the global industry owning to increasing number of farmer producer organisations, rural-based primary processing and freezing & chilling facilities. Also shifting trends towards variety of food options that requires very less time for preparation is anticipated to drive the growth of the market.

The arrival of the COVID-19 pandemic has upsurged the demand for frozen food products. Population staying far asway from their hometowns are actively looking for different frozen food and ready-to-cook meals options, which has significantly contributed to the growth of the market.

Restraint in the Industrial Films

However, governmental regulations and stringent norms are the factors that are anticipated to hamper the growth of the market.

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Silica Content – Segment Analysis

Based on the silica content, polyethylene is anticipated to grow at a higher CAGR in the market over the forecast period. This is due to the several advantages offered by the polymer like enhanced protection, easily recyclable, economical, enhanced adaptability etc. According to “International Council of chemical Associations” more than 1500 LDPE plants are at now present in the world that are contributing to the growth of the market.

End-Use Industry – Segment Analysis

Based on the end-use industry, agriculture is witnessed to grow at a higher CAGR in the market over  the forecast period. Rising need to increase agricultural productivity to fulfill the daily demand for food has led to commercialization of these specialty coverings. Various innovations in the industry, including Ultra Violet (UV) blocking, fluorescent, NIR blocking, and ultra-thermic films are expected to positively impact the demand for agricultural films over the projected period.

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Regional – Segment Analysis:

Based on the region, Asia-Pacific is anticipated to grow at a higher CAGR in the market over the forecast period owning to the growing consumption from the countries like japan, China and India. According to the world bank China is ranked at the top in in packaging sector which has majorly contributed to the growth of the market. According to IBEF, India is one of the largest producer of agriculture in India, and the growing demand for construction is anticipated to surge the overall growth of the market.

Top Industrial Films Players

Various notable players operating in the Industrial Films, include, Cosmo Films Ltd, Dunmore, Inteplast Group, Jindal Poly Films, Kolon Industries, Mitsui Chemicals Tohcello.Inc, Polyplex, Raven Industries Inc., Saint-Gobain Performance Plastics, Sigma Plastics Group, among others. 

Key Developments:

• • In 2020, Dunmore officially announced the launch of new antic scratch resistant antimicrobial film ,which has expanded the product portfolio of the company.

Segments covered in the Report:

The global industrial films has been segmented on the basis of silica content, end-use industry, and regions. Based on silica content, the industrial films is segmented into polyethylene and others. Based on end-use industry, the industrial films is segmented into automotive & transportation, building & construction, agriculture, electrical & electronics, medical, others. 

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Key questions answered in this research report:

• • At what pace is global industrial films growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in industrial films? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global industrial films?
  • Which silica content generated maximum revenues in 2020 and identify the most promising silica content during the forecast period?
  • What are the various end-use industry areas of global industrial films and how they are poised to grow?
  • What companies are the major participants in this industrial films and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Silica Content, By End-Use Industry, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Cosmo Films Ltd, Dunmore, Inteplast Group, Jindal Poly Films, Kolon Industries, Mitsui Chemicals Tohcello.Inc, Polyplex, Raven Industries Inc., Saint-Gobain Performance Plastics, Sigma Plastics Group, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Industrial Films Segmentation

Global Industrial Films by Silica Content

• • Polyethylene
  • Others

Global Industrial Films by End-Use Industry

• • Automotive & Transportation
  • Building & Construction
  • Agriculture
  • Electrical & Electronics
  • Medical
  • Others

Global Industrial Films by Region

• • North America Industrial Films (Option 1: As a part of the free 25% customization)
    • North America Industrial Films by Silica Content
    • North America Industrial Films by End-Use Industry
    • US Industrial Films All-Up
    • Canada Industrial Films All-Up
  • Europe Industrial Films (Option 2: As a part of the free 25% customization)
    • Europe Industrial Films by Silica Content
    • Europe Industrial Films by End-Use Industry
    • UK Industrial Films All-Up
    • Germany Industrial Films All-Up
    • France Industrial Films All-Up
    • Spain Industrial Films All-Up
    • Rest of Europe Industrial Films All-Up
  • Asia-Pacific Industrial Films (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Industrial Films by Silica Content
    • Asia-Pacific Industrial Films by End-Use Industry
    • China Industrial Films All-Up
    • India Industrial Films All-Up
    • Japan Industrial Films All-Up
    • Rest of APAC Industrial Films All-Up
  • RoW Industrial Films (Option 4: As a part of the free 25% customization)
    • RoW Industrial Films by Silica Content
    • RoW Industrial Films by End-Use Industry
    • Brazil Industrial Films All-Up
    • South Africa Industrial Films All-Up
    • Saudi Arabia Industrial Films All-Up
    • UAE Industrial Films All-Up
    • Rest of world (remaining countries of the LAMEA region) Industrial Films All-Up

Major Players Operating in the Industrial Films Name (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Cosmo Films Ltd
  • Dunmore
  • Inteplast Group
  • Jindal Poly Films
  • Kolon Industries
  • Mitsui Chemicals Tohcello.Inc
  • Polyplex
  • Raven Industries Inc.
  • Saint-Gobain Performance Plastics
  • Sigma Plastics Group