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Americas Polypropylene (PP) Films Market 2021 Value Chain, Dynamics and Key Players - Toray Plastics (America), Inc., Oben Holding Group, Taghleef Industries

09-17-2021 01:01 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

The Americas Polypropylene (PP) Films Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The America PP film market was valued at USD 6685.4 billion in 2020, and it is expected to reach USD 10093.72 million by 2026, registering a CAGR of 7.2 % during the forecast period (2021 - 2026).

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https://www.marketinsightsreports.com/reports/02082593389/americas-polypropylene-pp-films-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Source=Openpr&Mode=PD                                                        

Top Leading Companies of Americas Polypropylene (PP) Films Market are Toray Plastics (America), Inc., Oben Holding Group, Taghleef Industries, Altopro S.A. de C.V., Inteplast Group, Cheever Specialty Paper & Film, Cosmo Films, Inc., Copol International Ltd., Poligal. S.A. and others.

Industry News and Updates

June 2020 - Innovia Films launched a new family of highly functional and recyclable BOPP films, which are being marketed under the brand name Encore.

July 2019 - The AmTopp Division of Inteplast Group (Livingston, NJ) increased its stretch film manufacturing capacity by adding two cast film extrusion lines in its newly acquired facility in Remington, IN. This expansion will add 60 million pounds to Inteplast's current 385-million-pound capacity throughout its other locations in Lolita and Houston, TX; Charlotte, NC; and Phoenix, AZ; bringing its total name plate capacity to 445 million pounds.

January 2019 - Taghleef Industries completed the acquisition of Biofilm, thereby, expanding its presence in the region. With this acquisition, the company aims to provide the industry's best label films and products unique to Ti, such as DERPROSA and EXTENDO, among other Biofilm's range of innovative products, including high barrier metalized films and high seal integrity films.

Key Market Trends

The Food Industry is Expected to Exhibit Maximum Adoption

- The food industry is expected to hold the maximum share, majorly the organic packaged food and beverage segment, which comprises 47.4% to 52.6% of the USD 93.2 million value of the total in Brazil, according to Organic trade association.

- Food processing and packaging industries spend approximately 15% of the total variable costs on packaging materials. Industrial processing of food reduced consumption of animal protein, importation of raw materials and ingredients to be converted in the American countries, and scarcity of time to select/prepare food from fresh ingredients have enhanced innovation in food packaging.

- The food packaging industry in American countries, demands polymer films possessing a defined barrier against permeation of gases, moisture, and flavor. The films based on metalized BOPP function with excellent barrier properties and can be used to overwrap food products.

- CPP films are majorly used in packaging of food wraps, Candy, Confectionery, and bakery product packaging in the food industry due to features such as excellent heat seal strength, high puncture, and tear resistance, high yield per unit area and low specific weight, excellent moisture barrier and high transparency.

Regional Outlook of Americas Polypropylene (PP) Films Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082593389/americas-polypropylene-pp-films-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Source=Openpr&Mode=PD                                                                

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Americas Polypropylene (PP) Films Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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