Global Coextruded Multilayer Films Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Coextruded Multilayer Films Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Coextruded Multilayer Films market size was valued at USD 2377.4 million in 2022 and is forecast to a readjusted size of USD 3398 million by 2029 with a CAGR of 5.2% during review period.

Multilayer Co-Extruded Film refers to a functional composite film produced by extruding the melts of resins with higher barrier properties and other resins through a common die using multiple extruders. Multilayer Co-Extruded Film mostly adopts ABCBA5 layer symmetrical structure, with PA or EVOH as the barrier layer, and polyethylene as the heat-sealing layer. Adhesive resins are used to space the disconnected barrier and heat seal layers. PA or EVOH is a resin that is extremely sensitive to humidity, protected by a polyethylene layer, and its excellent oxygen barrier properties are fully exerted. In general, the structure of a multilayer coextruded film depends on the functional requirements of the film. On the premise of meeting the process requirements, through the combination of different polymers, it can meet the functional requirements of packaging materials such as barrier, heat sealing, body strength, thermal puncture, environmental resistance, secondary processing characteristics, extended storage, and shelf life. From the analysis of functional requirements, the combination formed by five polymers is sufficient. Seven-layer, nine-layer, eleven-layer, and even more Co-Extruded composite films have been used in the market, making it a trend, and developing rapidly. The structural design of the Co-Extruded film is gradually required to systematically achieve the ideal state of integrating function, technology, cost, environmental protection, safety, and secondary processing.

Global key players of Coextruded Multilayer Films include Mitsubishi Chemical, DIC Corporation, Sumitomo Bakelite and Scholle Ipn (SIG). Global top four manufacturers hold a share over 81%. The key players are mainly located in North America, China, Taiwan (China) and Japan. In terms of product, three-layer film is the largest segment, with a share over 40%. And in terms of application, the largest application is food packaging, with a share over 46%.

The Global Info Research report includes an overview of the development of the Coextruded Multilayer Films industry chain, the market status of Food Packaging (Three-Layer Film, Five-Layer Film), Pharmaceutical Packaging (Three-Layer Film, Five-Layer Film), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Coextruded Multilayer Films.

Regionally, the report analyzes the Coextruded Multilayer Films markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Coextruded Multilayer Films market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Coextruded Multilayer Films market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Coextruded Multilayer Films industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Tons), revenue generated, and market share of different by Type (e.g., Three-Layer Film, Five-Layer Film).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Coextruded Multilayer Films market.

Regional Analysis: The report involves examining the Coextruded Multilayer Films market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Coextruded Multilayer Films market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Coextruded Multilayer Films:

Company Analysis: Report covers individual Coextruded Multilayer Films manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Coextruded Multilayer Films This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Packaging, Pharmaceutical Packaging).

Technology Analysis: Report covers specific technologies relevant to Coextruded Multilayer Films. It assesses the current state, advancements, and potential future developments in Coextruded Multilayer Films areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Coextruded Multilayer Films market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Coextruded Multilayer Films market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Three-Layer Film
Five-Layer Film
Seven-Layer Film
Nine-Layer Film
Eleven-Layer Film
Other

Market segment by Application
Food Packaging
Pharmaceutical Packaging
Others

Major players covered
Mitsubishi Chemical
DIC Corporation
Sumitomo Bakelite
SEE
Scholle Ipn (SIG)
Chaoyang Freedom Technology
Sunrise Material Co., Ltd
Hubei Huakun Packaging Materials
Jiangsu Best New Medical Material Co, Ltd.(BEST)
Chuangfa Materials
Wenzhou Chuangjia Packaging Material Co., Ltd.
Green Packaging Material (Jiangyin) Co., Ltd.
Henan Yinfeng Plastic Co., Ltd.
Shandong Ujoin Medical Technology Co., Ltd.
Luoyang Shengpeng New Material Technology
Baixin New Material

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Coextruded Multilayer Films product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Coextruded Multilayer Films, with price, sales, revenue and global market share of Coextruded Multilayer Films from 2018 to 2023.

Chapter 3, the Coextruded Multilayer Films competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Coextruded Multilayer Films breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Coextruded Multilayer Films market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Coextruded Multilayer Films.

Chapter 14 and 15, to describe Coextruded Multilayer Films sales channel, distributors, customers, research findings and conclusion.