Global Blown Film Extrusion Lines Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Blown Film Extrusion Lines Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Blown Film Extrusion is a process used to convert plastic pellets into tubular film. The pellets are melted and drawn through an annular die to form a tube. Air is blown into the inside of the tube to expand it until it reaches the desired diameter, then it is cooled and wound on a spool. Blown Film Extrusion Lines can be defined as the process used to manufacture various commodity and specialty plastic films for the packaging industry.

Market Overview:

The latest research study on the global Blown Film Extrusion Lines market finds that the global Blown Film Extrusion Lines market reached a value of USD 1026.36 million in 2022. It’s expected that the market will achieve USD 1353.56 million by 2028, exhibiting a CAGR of 4.72% during the forecast period.

The impact of regional conflicts on the world economy is mainly manifested in hindering the recovery of the world economy; promoting the trend of anti-globalization; global economic governance is in trouble. Take the Russia-Ukraine war as an example. The Russia-Ukraine war endangers the recovery of the world economy from the COVID-19 pandemic. Countries around the world are facing many challenges such as inflation, food security, energy security, and supply chain pressure. The Organization for Economic Cooperation and Development (OECD) predicts that due to the impact of the Russia-Ukraine war, global economic growth will drop by 1.1 percentage points and inflation will rise by 2.5 percentage points.

The war in Russia and Ukraine has had an impact on energy supplies. In the context of global economic recovery, global energy prices will show an upward trend driven by increased demand in the second half of 2021, and the Russia-Ukraine war will lead to another rise in world oil prices. Russia is the world's third largest oil producer. Russia supplies more than 20 percent of the continent's oil. Some European countries are mainly dependent on Russia for oil imports. The Russia-Ukraine war has had an impact on the oil supply chain, which in turn affects European energy supply. The rise in world oil prices will not only affect the upstream market of Blown Film Extrusion Lines, but also increase the energy consumption cost of Blown Film Extrusion Lines in the production and transportation links.
In addition, part of the supply chain was disrupted by the Russia-Ukraine war, and sea and air shipments were severely disrupted. According to supply chain companies, the Russia-Ukraine war has led to layoffs at airlines, shutdowns at logistics companies and soaring air freight prices. Meanwhile, the war between Russia and Ukraine destroyed transport infrastructure and caused major traffic disruptions. Therefore, it is not conducive to the shipment of Blown Film Extrusion Lines products. Blown Film Extrusion Lines is struggling with business as the conflict in Russia and Ukraine roils the world and prices rise.

Blown Film Extrusion Lines are better mechanically

Blown Film Extrusion Lines generally have a better balance of mechanical properties than cast film because it is stretched in both the transverse and machine directions. The mechanical properties of the film include tensile and flexural strength as well as toughness. Nearly consistent properties in both directions give the film maximum toughness. Blown Film Extrusion Lines can be used to make one large film, two small films or tubing that can be made into bags.
All in all, Blown Film Extrusion Lines have more balanced mechanical properties than simple or extruded films as it passes through various machines and moves laterally. Stretch film manufacturers also ensure that the films produced are stretchable, flexible and strong. The more balanced mechanical performance of Blown Film Extrusion Lines is one of the important drivers for the development of the industry.

Region Overview:

China had the highest growth rate of all regions.

Company Overview

Founded in 1911, the Reifenhauser Group is today a leading supplier of innovative technologies and components for plastic extrusion. Reifenhauser's highly specialized business units supply advanced solutions to customers all over the world. With the Group's technology and a highly skilled workforce of more than 1,750 employees, Reifenhauser enables customers to produce blown and cast films, sheets as well as nonwovens. In addition, Reifenhauser supplies the plastic extrusion industry with components of the highest quality.

Segmentation Overview:

As for product types, the 3 Layers segment held the largest market share in 2021.

Application Overview:

By application, the Consumer and Food Packaging segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Blown Film Extrusion Lines market covered in Chapter 3:

Jinming Machinery
Polystar Machinery
Hubei Light Industry Mechanical Co., Ltd.
Macchi
Davis-Standard
W&H
Hosokawa Alpine
Reifenhauser
KUHNE GmbH
Bandera

In Chapter 4 and Chapter 14.2, on the basis of types, the Blown Film Extrusion Lines market from 2018 to 2029 is primarily split into:

3 Layers
5 Layers
7 Layers
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Blown Film Extrusion Lines market from 2018 to 2029 covers:

Consumer and Food Packaging
Industry Packaging
Agricultural Film
Bags
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)