Press release
Global Coextruded Multilayer Films Market Insights, Forecast to 2029
Coextruded Multilayer Films Market SizeThe global Coextruded Multilayer Films market is projected to grow from US$ 2012.4 million in 2023 to US$ 2431.1 million by 2029, at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period.
Coextruded Multilayer Films Market
Multilayer Co-Extruded Film refers to a functional composite film produced by extruding the melts of resins with higher barrier properties and other resins through a common die using multiple extruders. Multilayer Co-Extruded Film mostly adopts ABCBA5 layer symmetrical structure, with PA or EVOH as the barrier layer, and polyethylene as the heat-sealing layer. Adhesive resins are used to space the disconnected barrier and heat seal layers. PA or EVOH is a resin that is extremely sensitive to humidity, protected by a polyethylene layer, and its excellent oxygen barrier properties are fully exerted. In general, the structure of a multilayer coextruded film depends on the functional requirements of the film. On the premise of meeting the process requirements, through the combination of different polymers, it can meet the functional requirements of packaging materials such as barrier, heat sealing, body strength, thermal puncture, environmental resistance, secondary processing characteristics, extended storage, and shelf life. From the analysis of functional requirements, the combination formed by five polymers is sufficient. Seven-layer, nine-layer, eleven-layer, and even more Co-Extruded composite films have been used in the market, making it a trend, and developing rapidly. The structural design of the Co-Extruded film is gradually required to systematically achieve the ideal state of integrating function, technology, cost, environmental protection, safety, and secondary processing.
Global key players of multilayer co-extruded film include Mitsubishi Chemical, DIC Corporation, Sumitomo Bakelite, Sealed Air, etc. Global top four manufacturers hold a share over 81%. The key players are mainly located in North America, China, Taiwan (China) and Japan. In terms of product, three-layer film is the largest segment, with a share over 40%. And in terms of application, the largest application is food packaging, with a share over 46%.
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In terms of production side, this report researches the Coextruded Multilayer Films production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of Coextruded Multilayer Films by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.
Report Includes:
This report presents an overview of global market for Coextruded Multilayer Films, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Coextruded Multilayer Films, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Coextruded Multilayer Films, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
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This report focuses on the Coextruded Multilayer Films sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global Coextruded Multilayer Films market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for Coextruded Multilayer Films sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Danipack, Supreme.Co, NOW Plastics, Mitsubishi Chemical Corporation, Sumitomo Bakelite Co, DIC Corporation, Hubei Huaqiang Technology Co, Spectrum Plastics Group and Luoyang Jinyu New Material Technology Co, etc.
Segment by Type
Below 0.2mm
0.2mm-0.7mm
More Than 0.7mm
Segment by Application
Foods Packing
Medical Equipment
Industrial
Others
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Middle East, Africa, Latin America
Brazil
Mexico
Turkey
Israel
GCC Countries
By Company Danipack, Supreme.Co, NOW Plastics, Mitsubishi Chemical Corporation, Sumitomo Bakelite Co, DIC Corporation, Hubei Huaqiang Technology Co, Spectrum Plastics Group, Luoyang Jinyu New Material Technology Co, Henan Yinfeng Plastic, LBSuye, Bar Pack Distribution Ltd, Cyclpac, Jumin Shengwu
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends
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