Metallized Film Market Value, Demand, Industry, Insights, 2024-2031

Market Synopsis

Metallized Film usage in insulation, food packaging and decorative purposes is on the rise. Demand from Electronics, Food & Beverage, Packaging and Healthcare in Asia Pacific is spiking.

Metalized films are polymer films coated with a tiny coating of metal, often aluminum. They provide the shiny metallic look of aluminium foil at a lower weight and cost. Metalized films are often used for ornamental reasons and food packaging, as well as for specialized applications such as insulation and electronics. Physical vapor deposition is used in the metallization process. Aluminum is the most frequent metal used in deposition, however nickel and chromium are also utilized. The metal is heated and evaporated while in a vacuum. This condenses on the cool polymer film, which is unwound close to the metal vapor source.

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Market Drivers

Rising need for customer-friendly packaging, as well as increased demand for food goods with a longer shelf life, are the primary drivers of market expansion. Metalized films serve as a susceptor for cooking in microwave ovens. One example is a microwave popcorn bag. Many food items are also packed using metalized films for aesthetic reasons, since they make a more dazzling packaging when compared to competitive goods that employ printed paper or polymer films. Companies are bringing new items into the market. For example, in August 2018, Cosmo Films released a cast polypropylene (CPP) metalized film with a high metal bond strength. This film has been specifically engineered to provide improved interlayer bond strength for multi-layer laminate constructions, hence improving barrier qualities.

Growth Opportunities

Rising need for sustainable packaging solutions:

As the emphasis on environmental sustainability grows, so does the demand for eco-friendly packaging materials. Market companies might take advantage of this potential by creating metallized films that are recyclable, biodegradable, or manufactured from renewable resources.

Technological advancements in metallizing processes:

Continuous innovations in metallizing technologies, such as plasma-enhanced vapor deposition and atomic layer deposition, provide opportunities for better film characteristics, lower production costs, and more efficiency.

Segmentation Analysis

The global metalized film market is segmented by end user industry, metal, material used.

By End User Industry, the Packaging Segment Holds the Largest Market Share
The packaging segment is predicted to have a significant market share throughout the forecast period. Metalized PET and PP have replaced foil laminates in items including snack foods, coffee, and sweets that do not need the excellent barrier provided by aluminum foil. Metalized nylon and polyethylene are often utilized in the meat export industry. Controlled penetration enhances shelf life. Companies are working on expanding their portfolios. For example, in September 2018, Toray Plastics (America) Inc. increased its white film portfolio by introducing five new Torayfan white-pigmented, metalized biaxially oriented polypropylene (BOPP) films to consumer product goods (CPG) firms and converters.

Recent Development

Surya Global Flexifilms Private Limited announced that the company has purchased three Expert K5 2900 metallizers that will enable the company to produce metalized BOPP film including AluBond coated film using Bobst state-of-the-art technology. All three metallizers are expected to be up and running by the end of 2023.

Major Players Operating in the Metalized Film Market

• Bollore Inc.
• Jindal Poly Films Limited
• Ester Industries
• Taghleef Industries
• Jolybar Filmtechnic Converting Ltd.
• Polina's
• Toray Industries Inc.
• Uflex Ltd.
• Kaveri Metallising & Coating Ind. Private Limited
• Cosmo Films
• Flex Films, and Accrued Plastics Ltd.

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