A new Report by Delvens, titled "Polyethylene Films Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
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The global polyethylene films market forecast was projected to reach USD 117.3 billion by 2028, growing at a CAGR of 4.5% from 2021 to 2028.
Top Key Players: Polyethylene Films Market
· Amcor plc
· Berry Global, Inc
· Toray Advanced Film Co Ltd
· Oben Holding Group
· Taghleef Industries and More
Polyethylene is a thermoplastic that possesses properties such flexibility, strength, toughness, easy to seal, and resistant to moisture. It is a plastic made from complex polymers, which leads to a rigid, inflammable, fireproof, transparent, and opaque product. Polyethylene films are used in food & beverage for various applications such as packaging of in-store products such as apples & potatoes, non-frozen baked products such as rolls & breads, and tray covers for delivery of baked food products due to its low melting point.
Rise in adoption of PE films in food & beverage, construction, agriculture, and household are some of the factors that have supported long-term expansion for Polyethylene Films Market.
Regional Analysis
The Asia-Pacific polyethylene films market size is projected to grow at the highest CAGR of 5.0% during the forecast period, and accounted for 45.8% of polyethylene films market share in 2019. Polyethylene sector in southeast Asia is having oversupply and demand due to large production rate.
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Recent Developments
In July 2019 - Berry Global Group, Inc. announced the acquisition of RPC Group Plc (RPC) for a purchase price of approximately USD 6.5 billion. Through this acquisition, the company visibility in Australia gets strengthens because of the subsidiaries of RPC Group such as Synergy Packaging.
Amcor’s Flexibles North America business announced the installation of a seven-layer blown film line. Amcor’s new machine will produce the companies recently launched proprietary AmPrima™ PE Plus ultra-clear and heat resistance films. The AmPrima line uses machine-direction orientation technology to produce films that can run at speeds that competitors are unable to match in a recycle-ready solution
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Polyethylene Films Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Polyethylene Films Market is segmented into application, type, material type, technology and region.
On the basis of Application
· Beverage Packaging
· Food Packaging
· Agriculture
· Polyethylene films market for agriculture, by type
· Construction
· Household
On the basis of Type
· Shrink films
· Stretch films
On the basis of Material Type
· High-Density Polyethylene (HDPE)
· Low-density polyethylene (LDPE)
· Linear low-density polyethylene (LLDPE)
On the basis of Technology
· Blown Film Extrusion
· Cast Film Extrusion
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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In addition to the market data for Polyethylene Films Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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