Cast Films Market to see explosive Growth by 2026 | Leading Players: Uflex, Jindal Poly Films, Berry, Scientex, Intertape Polymer, Bemis etc

Cast Films Market Business Insights and Updates:

The latest Market report by a Data Bridge Market Research with the title [Global Cast Films Market - Industry Trends and Forecast to 2026] . Global cast films market is expected to register a steady CAGR of 4.15% in the forecast period of 2019-2026. Cast Films Market research analysis and data lend a hand to businesses for the planning of strategies related to COVID-19 impact on industry, investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. The Cast Films market report performs comprehensive analysis of profiles of key market players that gives a competitive landscape to the businesses. A team of skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists work meticulously to structure such great market research report for the businesses.

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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.

The study considers the Cast Films Market value and volume generated from the sales of the following segments:
Major Market manufacturers covered in the 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

By Material

Polyethylene (PE)
Low-Density Polyethylene (LDPE)
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

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Based on regions, the Cast Films Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Market Drivers:

1. 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
2. Rising innovations in the market giving rise to various unique features such as anti-counterfeiting is expected to boost the growth of the market
3. High demands for these films from multiplayer pouches applications acts as a market driver
4. Significant rise in the industrial establishments from the Asia-Pacific region is expected to have a positive impact on the market growth

Market Restraints:

1. Increasing prevalence of stringent regulations regarding the usage of plastics across various regions; this factor is expected to hinder the growth of the market
2. 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:

1. 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
2. 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 Benefits for Cast Films Market:

1. In-depth analysis of the Market is conducted by constructing Market estimations for the key Market segments between 2020 and 2026. The report provides an extensive analysis of the current and emerging Cast Films Market trends and dynamics.
2. Key Market players within the Market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the industry.
3. Extensive analysis of the Market is conducted by following key product positioning and monitoring of the top manufacturers within the Market
4. A comprehensive analysis of all the regions (North America, Europe, Asia-Pacific, South America, The Middle East and Africa )

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