Press release
Rigid Vinyl Films Market Expand at the Fastest CAGR of 5.0% by 2028
Rigid Vinyl Films Market
The Rigid Vinyl Films Market is predicted to experience significant growth by 2028, with a compound annual growth rate (CAGR) of more than 5%. Rigid vinyl films are used in various industrial applications such as automotive, building & construction, signage & graphics, electrical & electronics, medical devices, and others.
Rigid vinyl is a form of polyvinyl chloride that is free of plasticizers such as phthalates and BPA. Plasticizers are used to make the film flexible. However, plasticizers are banned in some countries because of their detrimental effects on people's health. Therefore, for end-user applications, rugged vinyl films provide a safe and secure solution. Rigid vinyl films are usually used for operating temperatures above 60 °C .
Rigid vinyl films exhibit strong electrical, chemical and mechanical resistance. Also, rigid vinyl films are less expensive than cheaper alternatives. Rigid vinyl sheets are used for waterproofing various products such as clothing, shoes, and car interiors.
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Rigid vinyl film is easy to print and can be printed on large format inkjet printers. It can be easily printed on rigid vinyl film, which is convenient for manufacturers and consumers alike. Various additives such as processing aids, stabilizers, impact modifiers and pigments that speed up the manufacturing process used in the manufacture of rigid vinyl films.
Rigid Vinyl Film Market - Dynamics
The improved physical properties and chemical resistance provided by rigid vinyl films are expected to increase the global demand for rigid vinyl films. Growing health awareness among people around the world will increase the global demand for rigid vinyl films.
The light weight of rigid vinyl film is preferred in many end user areas. The dimensional stability provided by rigid vinyl films at high temperatures makes them suitable for a variety of applications such as thermoforming, die cutting, and more.
Rigid vinyl film is not biodegradable and restrains the growth of the global rigid vinyl film market. However, the rigid vinyl film can be reused. Major players in the global rigid vinyl film market are engaged in the production of eco-friendly rigid films. Various opportunities in the global rigid vinyl film market include producing rigid vinyl films with improved properties and low cost.
Rigid Vinyl Film Market: Segmentation
By thickness
• Less than 0.05 micron
• 05 micron - 0.50 micron
• 51 mikra - 1 mikra
• For 1 micron
Based on transparency
• Opaque
• Transparent
End-user industry base
• Medicine
• Automobile
• Agriculture
• Building
• Packaging
• Etc
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Rigid Vinyl Film Market: Key Players
The major players operating in the global rigid vinyl film market are:
• Techra Corporation
• Piedmont Plastics, Inc.
• Graphics GmbH
• Curbell Plastics, Inc.
• Teknor Apex Company, Inc.
• Southeast Asian Plastics Company
• Emmark Products Co., Ltd.
• Emco Industrial Plastics, Inc.
• Johnson Plastics & Supply Co. Inc.
A number of unrecognized local players are expected to contribute to the global rigid vinyl film market during the forecast period.
Rigid Vinyl Film Market: A Regional Perspective
Asia Pacific is expected to dominate the global rigid vinyl film market owing to the rise of end-user industries in the region such as automotive and pharmaceutical. The high participation rate in this region is attributed to growing consumer demand for rigid vinyl films. The presence of emerging economies is expected to further propel the growth of rigid vinyl films.
China is expected to hold the largest share of the APAC rigid vinyl film market due to the presence of numerous automotive and packaging industries. North America is projected to grow after APAC due to being a key player in the global vinyl film market. Growth is expected to slow in Europe due to bans in several European countries on the use of PVC films. MEA and Latin America are expected to hold lower shares compared to other regions in the rigid vinyl film market.
Geographically, the global rigid vinyl film market is divided into seven major regions:
• North America (USA, Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Western Europe (Germany, Italy, France, United Kingdom, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia, Rest of Eastern Europe)
• Southeast Asia and Pacific (India, ASEAN, Oceania)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, N. Africa, Rest of MEA)
This report is a compilation of first-hand information from industry analysts, qualitative and quantitative assessments, inputs from industry experts, and industry participants across the value chain.
The report provides an in-depth analysis of driving factors along with key market trends, macroeconomic indicators and segment-based market attractiveness. The report also maps the qualitative impact of different market factors across market segments and geographies.
Highlights of the report:
• A detailed overview of the top markets
• Changing market dynamics of the industry.
• Deep market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of major players and products offered
• Potential and niche segments, geographic areas with promising growth
• A neutral view of market performance
• Essential information for market participants to maintain and improve their market position
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Decorative Films Foils Market: https://www.persistencemarketresearch.com/market-research/decorative-films-foils-market.asp
Holographic Films Market: https://www.persistencemarketresearch.com/market-research/holographic-films-market.asp
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