Polyolefin Film Market: Trends, Opportunities and Competitive Analysis
Polyolefin Film Market Trends and Forecast
The future of the polyolefin film market looks promising with opportunities in the packaging, construction, and agriculture industries. The global polyolefin film market is expected to reach an estimated $122.7 billion by 2027 with a CAGR of 5% from 2021 to 2027. The major drivers for this market are increasing demand for packaged food in emerging nations and growth in oriented films.
Emerging Trends in the Polyolefin Films Market
Emerging trends, which have a direct impact on the dynamics of the polyolefin films industry, include bio-based polyolefin films and development of nano-clay based polyolefin films.
A total of 132 figures / charts and 102 tables are provided in this 190-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of the polyolefin films market report, please download the report brochure.
Polyolefin Film Market by Segment
The study includes trends and forecast for the global polyolefin films market by materials, technology, film type, end use industry, and region as follows:
By End Use Industry [Volume (million tons) and $M shipment analysis for 2016 – 2027]:
- Packaging
- Food Packaging
- Other Packaging
- Construction
- Agricultural
- Others
By Material [Volume (million tons) and $M shipment analysis for 2016 – 2027]:
- Polyethylene (PE)
- LLDPE (Linear Low-Density Polyethylene)
- LDPE (Low-Density Polyethylene)
- HDPE (High-Density Polyethylene)
- Polypropylene (PP)
- BOPP (Bi-axially Oriented Polypropylene)
- CPP (Cast Polypropylene)
By Technology [Volume (million tons) and $M shipment analysis for 2016 – 2027]:
- Blown film extrusion
- Cast film extrusion
- Others
By Film Type [Volume (million tons) and $M shipment analysis for 2016 – 2027]:
- Shrink films
- Stretch films
- Others
By Region [Volume (million tons) and $M shipment analysis for 2016 – 2027]:
- North America
- US
- Canada
- Mexico
- Europe
- Russia
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- India
- South Korea
- Japan
- The Rest of the World
- Brazil
- Saudi Arabia
- South Africa
List of Polyolefin Films Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyolefin films companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyolefin films companies profiled in this report includes.
- Jindal Poly Films
- Mitsui Chemicals Tocello
- Toray
- Berry Plastics C
- Toyobo
- Amcor Flexible.
- Innovia Films
- Vibac Group
- Garware Polyester Limited
- Uflex Limited
Polyolefin Films Market Insight
- Lucintel forecasts that, the LLDPE film will remain the largest segment due to its superior properties such as high flexibility, higher tensile strength, and high moisture barrier. The BOPP segment is expected to witness the highest growth over the forecast period due to increasing demand in food packaging industry specifically in tobacco packaging.
- Packaging will remain the largest end use industry and it is also expected to witness the highest growth over the forecast period due to the increasing demand in food and pharma packaging applications.
- Asia Pacific will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period because of easy availability of raw materials at economical price and skilled labors. Also, growth in food packaging market and construction activities is also expected to increase the demand for polyolefin films.
Features of Polyolefin Films Market
- Market Size Estimates: Polyolefin Films market size estimation in terms of value ($M) and volume (million tons)
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Polyolefin Films market size by various segments, such as end use industry, material, technology, and film type in terms of value and volume.
- Regional Analysis: Polyolefin films market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different end use industry, material, technology, and film type, and regions for the Polyolefin Films market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the polyolefin films market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the polyolefin films market size?
Answer: The global polyolefin films market is expected to reach an estimated $122.7 billion by 2027.
Q2. What is the growth forecast for polyolefin films market?
Answer: The polyolefin films market is expected to grow at a CAGR of 5% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the polyolefin films market?
Answer: The major drivers for this market are increasing demand for packaged food in emerging nations and growth in oriented films.
Q4. What are the major applications or end use industries for polyolefin films?
Answer: Packaging are the major end use industries for polyolefin films.
Q5. What are the emerging trends in polyolefin films market?
Answer: Emerging trends, which have a direct impact on the dynamics of the polyolefin films industry, include bio-based polyolefin films and development of nano-clay based polyolefin films.
Q6. Who are the key polyolefin films companies?
Answer: Some of the key polyolefin films companies are as follows:
- Jindal Poly Films
- Mitsui Chemicals Tocello
- Toray
- Berry Plastics C
- Toyobo
- Amcor Flexible.
- Innovia Films
- Vibac Group
- Garware Polyester Limited
- Uflex Limited
Q7. Which polyolefin films material segment will be the largest in future?
Answer: Lucintel forecasts that, the LLDPE film will remain the largest segment due to its superior properties such as high flexibility, higher tensile strength, and high moisture barrier.
Q8: In polyolefin films market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global polyolefin film market by material (HDPE, LDPE, LLDPE, BOPP, CPP), technology (blown film extrusion, cast film extrusion, and others) film type (shrink film, stretch film, and others), end use industry (packaging, construction, agricultural, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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