Scienza e Tecnologia
Industrial Films Market worth $49.0 billion by 2025 - Exclusive Report by MarketsandMarkets™
https://www.marketsandmarkets.com/Market-Reports/industrial-film-market-227835863.html
The industrial films market has been segmented based on film type into LLDPE, LDPE, HDPE, PET/BOPET, PP/BOPP, CPP, PVC, Polyamide/BOPA and others. Among these types, the LLDPE segment accounted for the largest share of the market in 2019 and is likely to witness a significant growth during the forecast period. The market growth in this segment is attributed to their wide applications and superior properties such as impact & tensile strength and heat sealability LLDPE is replacing LDPE in many areas such as industrial packaging and agriculture, but there are some differences in their properties that make both these films suitable for diversified applications.
The agriculture end-use industry segment is growing rapidly. The decreasing arable land, coupled with rising demand for food, which is driving the need for modern farming techniques, which, in turn, is fueling the demand for plastic films in the agriculture industry. The segment is expected to dominate the industrial films market owing to the rising need for food, driven by the growth of the global population. This has led to the development of advanced cultivation methods that can increase crop productivity and resist climatic changes
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APAC is estimated to be the leading industrial films market during the forecast period. The growth in this region can be attributed to the rapidly increasing demand for industrial films from the end-use industries, especially agriculture, construction, transportation and medical. The market is witnessing moderate growth, owing to increasing application, technological advancements, and growing demand for these resins in the APAC and Europe .
Saint-Gobain ( France ), Berry Global group (US), SKC Co. Ltd. ( South Korea ), Toray ( Japan ), and Eastman (US), DSM-RKW SE ( Germany ) and 3M (US) are the leading industrial films manufacturers, globally.
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