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Polyfilm Market 2017: Industry Trends, Application, Type, Overview, Growth, Analysis and Global Forecast 2024

Polyfilm Market

Polyfilm Market

Polyfilm Market accounted for USD 113.30 billion in 2016 and is projected to grow at a CAGR of 4.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Polyfilm Market

Polyfilm, also known as polyethylene film, has many uses in a variety of applications and industries. In the apparel, garment, sewn goods, fabric and related industries, poly film is used to protect goods during shipment from dirt, dust, and moisture. There is a growing demand for polyfilm foams in packaging, agriculture, building & construction, consumer goods and medical activates, which is expected to be one of the major drivers of the market over the next seven years.

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Major market drivers: Global Polyfilm Market

• Demand of food packaging in retail
• Growing demand from Asia-Pacific
• Demand for food packaging driven by growing population in Asia-Pacific
• Increasing demand for BOPET films

Market restraint: Global Polyfilm Market

• Matured European market
• Low demand for photographic and magnetic films
• Strict environmental and government regulations

Market Segmentation: Global Polyfilm Market

The polyfilm market is segmented on the basis of resin type into

• LDPE,
• LLDPE,
• HDPE (High Density Polyethylene),
• BOPP,
• CPP,
• PVC,
• BOPET,
• BOPA and others.

On the basis of End-user, the market is segmented into

• packaging,
• agriculture,
• building & construction,
• consumer goods,
• medical and others.

On the basis of geography, the polyfilm market report covers data points for 28 countries across multiple geographies such as

• North America,
• South America,
• Europe, Asia-Pacific
• Middle East & Africa.

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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Competitive Landscape: Global Polyfilm Market

The global polyfilm market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors:

Some of the major players in polyfilm market

• Chiripal
• Poly Films,
• Cosmo Films,
• Formosa Plastics Corporation,
• Garware Polyester Limited,
• Jindal Poly Films Limited,
• Max Speciality Films Limited (MSFL),
• Polyplex Corporation Limited,
• SRF Limited,
• Taghleef Industries,
• Treofan Group,
• Uflex Limited,
• Vacmet India Private Limited

CONTINUE……

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Email: sopan.gedam@databridgemarketresearch.com

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