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GLOBAL MARKET ESTIMATES RESEARCH & CONSULTANTS

Ankita Roy, Treesha Banerjee and Liza Dsouza from Global Market Estimates throw the spotlight on
the growing Industrial Film Market

Industrial Film Market Insights

The industrial film market is anticipated to witness a lucrative growth over the forecast period. It is
further expected to witness a healthy CAGR due to its increasing application in pharmaceutical,
industrial, food & beverage and other industries. Along with this, the increasing consumption of
industrial films in the Asia-Pacific region is also expected to boost the industry.

The industrial film market is also anticipated to grow significantly due to the adoption of packaged
products by the developing economies in several sectors. Moreover, the properties of plastic such as
light, durable and non-corrosive are also expected to attribute towards the growth of the industry.

The industry depends for its raw materials on products such as lubricants, plastic additives and
polymers which are all produced through petrochemical processes. The price of these products
along with the unstable behaviour of the natural gas and petroleum market are anticipated to
hamper the growth of the industrial film market.

Regional Analysis (2016 vs 2025)

USD Million

North Europe Asia Pacific Middle East Centra &

America & Africa South
America

2016 2025

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GLOBAL MARKET ESTIMATES RESEARCH & CONSULTANTS

Industrial Film Market: Type Insights

On the basis of type, the industrial film market is segmented into LLDPE, LDPE, HDPE, PET,
BOPP, CPP, PVC and BOPA. The LLPDE segment is expected to grow at a significant rate over the
forecast period. This can be attributed to its properties like high strength, transparency and cost
effectiveness.

The PVC segment is expected to stimulate market growth mainly due to its features which makes its
application high in industries such as construction, automotive, packaging, and electronics. PVC is
used to manufacture products such as cables & wires, pipes and automotive parts.

The market for PET is also expected to boost due to the rising demand for beverages and growing
usage in food packaging.

Industrial Film Market: Application Insights

On the basis of application, the industrial film market can be segmented according to Agriculture,
Transportation, Food & Beverage, Industrial Packaging, Construction, Pharmaceutical and Consumer
Goods.

The agricultural segment is projected to rise significantly over the forecast period due to the growing
need for reserving the agricultural products. Moreover, the increasing use of the industrial films to
reduce the climatic effects on the crop and to increase the crop yield is also anticipated to affect the
market growth.

The packaging industry is also anticipated to grow over the forecast period owing to the increasing
production of bottles mainly for drinks and carbonated beverages coupled with the increase in
consumption of packaged food by consumers across the globe.

Industrial Film Market: Regional Insights

Asia-Pacific is expected to hold the largest market share for this product over the forecast period on
account of it being the most promising region in production as well as consumption of industrial
films. The increased investment in construction and automobile sectors are expected to stimulate
market growth. Moreover, the government initiatives for the product in this region are expected to
drive growth over the coming years.

The industrial film market in Latin America is also expected to grow significantly owing to the rising
consumer inclination towards processed and packaged food. Demand is expected to arise from Brazil
and Mexico due to the increased investment in construction and automotive industries.

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GLOBAL MARKET ESTIMATES RESEARCH & CONSULTANTS

Industrial Film Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the
regions. This section provides company addresses, contact details, products, and regional presence
of companies who are purchasing or are likely to purchase products from Industrial Film market.
Some leading consumers of the product are General Motor (The U.S.), Bechtel (The U.S.), Yurun
Group Ltd (China) and Hon Hai Precision Industry (Taiwan).

Market Share Analysis (2017)

Company A Company B Company C Company D Others

Competitive Insights:

The global industrial film market for this product is expected to be significantly large due to the
presence of numerous manufacturers. The key players include DuPont Teijin Films (The U.S.), SKC
Co., Ltd. (South Korea), 3M (U.S.) and La Seda de Barcelona (Spain).

In September 2017, Reliance Industries Limited started production at its new Jamnagar polyethylene
complex. The complex comprises a 550,000 mt/year linear low density polyethylene swing plant and
a 400,000 mt/year low density polyethylene unit.

In October 2017, DowDuPont based in Wilmington, Del. and Midland, added almost 3 billion pounds
of annual production capacity for polyethylene and elastomers at its Sadara site in Saudi Arabia. The
company also aims at adding almost 3.4 billion pounds of production of PE, elastomers and EPDM on
the U.S. Gulf Coast.

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GLOBAL MARKET ESTIMATES RESEARCH & CONSULTANTS

The report segments the Industrial Film Market on the basis of:

By Type:

Linear Low Density Polyethylene (LLDPE)

Low Density Polyethylene (LDPE)
High-Density-Polyethylene (HDPE)
Biaxially-Oriented-Polyethylene Terephthalate (PET/BOPET)
Bi-Oriented Polypropylene (PP/BOPP)
Cast Polypropylene (CPP)
Polyvinyl Chloride (PVC)
Polyamide/BOPA

By Application:

Food & Beverage

Industrial Packaging
Pharmaceutical
Consumer Goods

By Region:

North America
Europe
Asia Pacific
Central & South America
Middle East & Africa

* This article contains text from the Industrial Film Market Forecast to 2025 report prepared by
Global Market Estimates. For more information or to buy the report, please visit:
https://www.globalmarketestimates.com/industrial-film-market-analysis-forecasts/

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