(PRWEB) March 24, 2014
The report "Plastic Films & Plastic Sheets Market by Application (Flexible & Non-Flexible Packaging, & Non-Packaging) & Type (LDPE, LLDPE, HDPE, CPP, BOPP, Polyester, PVC, Polyamide, EVOH, PLA, PVDC, PVOH, Polycarbonate & Others) - Global Trends & Forecasts to 2018" defines and segments the global plastic films and sheets market with analysis and forecasting of the global revenue and consumption. The Plastic films and sheets market consumption will grow from an estimated 59.9 million MT in 2013 to 70.9 million MT by 2018, with a CAGR of 3.4% from 2013 to 2018.
Browse 84 market data tables and 56 figures spread through 267 pages and in-depth TOC on “Plastic Films & Plastic Sheets Market."
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The increasing demand for packaged food and pharmaceutical products in growing economies such as China, India, Turkey, Poland, Brazil, and Mexico is driving the global market for plastic films and sheets. Plastic films and sheets have been commercialized and used in packaging of food products, pharmaceutical and medical products, consumer products and industrial products. Films and sheets are also used in non-packaging purposes in agriculture, construction, health care and others. Food industry is the largest consumer of plastic films and sheets in packaging sector, followed by pharmaceutical and medical packaging. However, pharmaceutical and medical packaging applications are expected to offer the highest growth during the next five years. The demand for plastic films and sheets is increasing in non-packaging applications due to its increased uses in the agriculture industry.
The global plastic films and sheets market is fragmented and regions such as North America and Europe are in matured stage. However, Asia-Pacific market shows huge potential to grow in this market. The rising disposable income of the middle-class in India and China is expected to drive the plastic films and sheets market in the coming decade. The top companies in the plastic films and sheets business include AEP Industries (U.S.), Amcor Ltd. (Australia), Bemis Company (U.S.), DuPont Teijin Films (U.S.), Jindal Poly Films (India), and Sealed Air Corporation (U.S.). Plastic films and sheets industry is going through consolidation activities and inorganic expansion was the preferred growth strategy adopted by the leading players.
The report identifies various sources of plastic films and sheets production along with their respective market shares. Polyethylene is identified as the key material for flexible plastic films and sheets production. However, biaxially oriented polypropylene (BOPP) is gaining popularity as raw material. Materials such as, EVOH, PLA, PVDC, PHOV, and Polyamide are used to manufacture specialty films. In matured markets such as North America and Europe, specialty plastic films demand is growing at a faster rate than conventional resin-based films. It also focuses on market share analysis, and market metrics such as drivers, restraints, opportunities, and winning imperatives.
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