A thin protective coating formed of polyvinyl alcohol (PVA/PVOH) that dissolves when it comes into contact with water is referred to as a water-soluble film. PVA is a colourless, odourless, biodegradable resin that is free of heavy metals and toxins. This resin produces water-soluble films with strong tensile strength, flexibility, and adhesive characteristics. In addition, they provide smooth mechanical operations, increased productivity, cost-effectiveness, and packaging versatility. As a result, they're found in the packaging of a variety of industrial and consumer goods, especially single-serve or pre-portioned packets.
MARKET DYNAMICS
The growing demand for water soluble films, as well as their expanding use as a sustainable and environmentally friendly packaging material, are driving the market forward. For example, they enable detergent makers to create single-use packs, which reduce wastage, spillage, and end-user overdose. These films are used in the chemical industry to safeguard personnel from coming into direct touch with hazardous products. Additionally, these films are commonly employed in the food and beverage industries because to their air and grease resistance. Furthermore, producers are launching water-soluble films produced from milk-based thermoplastic that can quickly degrade in soil and water as a result of ongoing research and development.
MARKET SCOPE
The "global water soluble film market analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the water soluble film market with detailed market segmentation by type and application. The global water soluble film market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading water soluble film market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global water soluble film market is segmented into form and material. By type, the water soluble film market is classified into cold water-soluble film, hot water-soluble film. By application, the water soluble film market is classified into detergent packaging, agrochemical packaging, water treatment chemical packaging, food packaging, pharmaceuticals and others.
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 water soluble film market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The water soluble film 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 water soluble film market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i. e. , drivers, restraints, opportunities, and future trends. 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 water soluble film market in these regions.
MARKET PLAYERS
The report covers vital developments in the water soluble film 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 market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the water soluble film market are anticipated to witness lucrative growth opportunities in the future with the rising demand water soluble film in the global market. Below mentioned is the list of few companies engaged in the water soluble film market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the water soluble film market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
-Aicello Corporation
-Cortec Corporation
-Noble Industries
-Amtrex Nature Care Pvt. Ltd
-HARKE GROUP
-Sekisui Chemical Co. , Ltd
-Arrow Coated Products Ltd
-Kuraray Co. Ltd
-Cinch Packaging Materials Co. , Ltd,
-Mondi Group Plc