APET Film Market is Expected to Boom Worldwide By 2023 : Allied Market Research

APET is a formless, clear PET film extensively used for several thermoforming applications in the food, pharmaceutical, and FMCG industries. It is suitable for applications such as trays, blister packs, and thermoformable items. It offers characteristics such as excellent clarity, recyclability, toughness, and strength.

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The global APET film market has witnessed significant growth due to upsurge in demand for APET films from the consumer goods sector and food industry. In addition, superior recyclable properties of APET films boost the growth of the market. However, high cost of APET films restrain the market growth. Increase in demand from emerging economies is expected to provide potential growth opportunities for the market.

The global APET film market is segmented based on type, application, and geography. On the basis of type, the market is bifurcated into APET sheet and APET roll. Medical industry, food industry, consumer goods, and others are the applications of APET films. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global market are focusing on key market strategies such as mergers, acquisitions, collaborations, and partnerships.

Some of the key players in the global market include:

• OCTAL
• Folienwerk Wolfen
• Klckner Pentaplast
• AMB
• Shinkong Synthetic Fibers
• Far Eastern New Century
• Dongri Polyester Film
• Jinfeng New Material Plastic
• Min Yang Plastic
• Mineron

Key Benefits

• This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to identify the prevailing market opportunities.
• Major countries in each region are mapped according to the individual market revenue.
• The region-wise and country-wise market conditions are comprehensively analyzed.
• This study evaluates the competitive landscape and the value chain analysis to understand the market scenario across geographies.

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