The blown film process is used to produce a wide variety of products, ranging from simple monolayer films for bags to very complex multilayer structures used in food packaging. Multilayer film structures may be made by blown film coextrusion and combines two or more molten polymer layers. The material used are polypropylene, polyethylene, polyamide, polyvinylidene chloride, polystyrene, nylon, and others.
MARKET SCOPE
The "Global Multi-Layer Blown Films Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the multi-layer blown films market with detailed market segmentation by material type, manufacturing processes, end user, and geography. The report provides key statistics on the market status of the leading multi-layer blown films market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on material type, the global multi-layer blown films market is segmented into Polypropylene (PP), Polyethylene (PE), Polyamide, Polyvinylidene Chloride (PVCD), Polystyrene (PS), Nylon, and others.
- Based on manufacturing processes, the global multi-layer blown films market is segmented into blown film extrusion, co-extrusion lamination, cast film extrusion, and co-extrusion coating.
- Based on end user, the global multi-layer blown films market is segmented into electronics, food and beverages, pharmaceuticals, consumer goods, and others.
MARKET DYNAMICS
Drivers:
- Effective packaging solutions among various industries.
- Increasing demand for FMCG (Fast Moving Consumer Goods) among the consumers.
- Rise in disposable income of the middle class population.
- Rising R&D activities drive the multi-layer blown films market.
Restraints
- Manufacturing process complexity of multilayer blown films as compared to monolayer blown films might hamper the growth of global multilayer blown films market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The multi-layer blown films market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the multi-layer blown films market in these regions.
IMPACT OF COVID-19 ON MULTI-LAYER BLOWN FILMS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the multi-layer blown films market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from multi-layer blown films market are anticipated to lucrative growth opportunities in the future with the rising demand for multi-layer blown films in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the multi-layer blown films market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ultimate Flexipack Limited
- Optimum Plastics.
- Girish Polychem Industries
- HOSOKAWA ALPINE Aktiengesellschaft
- ISO POLY FILMS, INC.
- Danafilms Corp.
- Borealis AG
- SIVA GROUP
- Raven Engineered Films Division
- Balcan Plastic