Press release
Global Cast Films Market Growth Will Escalate Rapidly 2019-2026 by Global Top Brands Uflex Limited, Jindal Poly Films, Berry Global Inc., Scientex, Intertape Polymer Group, Bemis Company, Inc
Global Cast Films Market
Market Analysis:
Global cast films market is expected to register a steady CAGR of 4.15% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing demands for transparent/see-through packaging films that are capable of providing high-strength.
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Competitive Analysis:
Global cast films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cast films market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global cast films market are Uflex Limited, Jindal Poly Films, Berry Global Inc., Scientex, Intertape Polymer Group, Bemis Company, Inc., CLONDALKIN GROUP, Bischof + Klein SE & Co. KG, POLYPLEX, Inteplast Group, Profol GmbH, POLIFILM GmbH, Copol International Ltd., ObenGroup, Sigma Plastics Group, Paragon Films, Inc., manuli packaging, FLAIR Flexible Packaging Corporation, TAGHLEEF INDUSTRIES GROUP, Alpha Marathon Film Extrusion Technologies Inc., PT Panverta Cakrakencana, Mitsui Chemicals Tohcello.Inc., TriPack Films Limited, PT. Bhineka Tatamulya Industri, Vista Packaging Pvt. Ltd., ACHILLES CORPORATION among others.
Market Definition: Global Cast Films Market
Cast films are a type of packaging films produced with the extrusion of polymers which is subsequently melted in a cast for the formulation of this thin film sheet. This hot film is then pinned to a cooled roll with the help of air or a vacuum box. With this process, cooling of the film becomes highly efficient as compared to blown process of film production.
Market Drivers:
• Increasing areas of applications involving packaging of various raw materials of different end-users, this factor is expected to propel the growth of the market
• Rising innovations in the market giving rise to various unique features such as anti-counterfeiting is expected to boost the growth of the market
• High demands for these films from multilayer pouches applications acts as a market driver
• Significant rise in the industrial establishments from the Asia-Pacific region is expected to have a positive impact on the market growth
Market Restraints:
• Increasing prevalence of stringent regulations regarding the usage of plastics across various regions, this factor is expected to hinder the growth of the market
• Shift in the preferences of consumer giving rise to greater demands for paper-based packaging solutions over non-biodegradable products, this factor is expected to restrict the growth of the market
Key Developments in the Market:
• In July 2019, Inteplast Group announced that their business division, “AmTopp Division” had enhanced their manufacturing capacity with the expansion of cast film extrusion lines at their facility situated in Indiana, United States. This expansion of capacity will add up to 60 million pounds of stretch film capacity. The new facility will be operational by the end of 2020 and will establish the company as a significant player in packaging films
• In August 2018, Sigma Plastics Group along with King Pac Industrial announced that they had formulated a joint venture for the manufacturing of stretch films which will be based out of Bangkok, Thailand. The production facility will be capable of producing 80 million pounds of films annually while servicing the neighbouring regions for their demands of cast stretch films
Key Insights in the report:
• Complete market analysis and forecasting
• Market definition, understanding the concept of cast films
• Market drivers and restraints of the industry
• Market segmentations and market share divided amongst them
• Key players in the market and their analysis
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Table Of Content: Cast Films Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Plant Protein
Part 04: Global Cast Films Market Sizing
Part 05: Global Cast Films Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Continue. .
For Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-cast-films-market
Segmentation: Global Cast Films Market
By Material
• Polyethylene (PE)
o Low-Density Polyethylene (LDPE)
o Linear Low-Density Polyethylene (LLDPE)
• Polypropylene (PP)
• Polyamide (PA)
• Others
By Thickness
• Up to 30 Microns
• 30-50 Microns
• 51-70 Microns
• Above 70 Microns
By Packaging Format
• Pouches
• Bags
• Laminates
• Wraps
• Labels
By Layer Structure
• Multilayer
• Monolayer
By End-Use Industry
• Food & Beverages
• Personal Care
• Electricals & Electronics
• Pharmaceuticals
• Textile
• Industrial
• Others
Contact:
Data Bridge Market Research
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Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process.
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