Berry Global Inc., TORAY INDUSTRIES, INC. and Arkema are Dominating the Global Textile Films Market in 2019

Global Textile Films Market is expected to grow with the CAGR of 6.5% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global textile films market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global textile films market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In February 2020, Arkema had presented the innovative resins in the eurocoat exhibition that held in Paris, France. This exhibition helps in maximising the customer base of the company which generates revenue of the business.

Berry Global Inc. is the dominating player in global textile films market. The other key players existing in the market TORAY INDUSTRIES, INC., Arkema, Covestro AG, Schweitzer-Mauduit International, Inc., AMERICAN POLYFILM, INC., Fatra, a.s., RKW Group, Dongying Gaolart Import & Export Co., Ltd., Polyzen, Plastik Group, Skymark, Napco National, Trioplast Industrier AB, Mitsui Hygiene Materials (Thailand) Co., Ltd. (A Subsidiary of Mitsui Chemicals, Inc.), Felix, Dotworks, Daika Kogyo Co.,Ltd. and Sunplac Corporation and SILON, among others.

TEXTILE FILMS MARKETBerry Global Inc.

Berry Global Inc. headquartered in Indiana, U.S. which is engaged in manufacturing of products to sectors such as engineering materials, non-woven specialty materials and consumer packaging. The company offers various products such as packaging information, protection solutions, specialty nonwovens, tapes & adhesives and the market focused product is protection solutions in textile films market.

  • In November 2019, Berry Global Inc. has entered into the partnership with SABIC a global chemistry industry leader based in Saudi Arabia for increasing the innovation as well as usage of polyolefin resins which is manufactured from the chemical recycling. The partnership of helps in increasing the production of the business which also generates income of the business.

The company has wide global presence across North America, South America, Asia-Pacific, Africa and Europe.

TORAY INDUSTRIES, INC.

TORAY INDUSTRIES, INC. founded in 1926 and is headquartered in Tokyo, Japan. The company is engaged in manufacturing of wide range of carbon fiber composite materials, engineering products and life sciences products. The company offers various products such as fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, life science & other businesses among which performance chemicals is market focused segment.

  • In January 2020, TORAY INDUSTRIES, INC. had launched the PICASUS VT that is the world’s first film which helps in the transmitting the vertically incident light. This acquisition helps in enhancing the customer base of the company which generates revenue of the business.

The company has wide global presence in Americas, Europe, Middle East and Africa and Asia-Pacific.

Arkema

Arkema founded in 2007 and is headquartered in Colombes, France. The company is engaged in manufacturing of wide variety of innovative material science products that has wide range of industrial as well as commercial applications. The company offers various products such as acrylics, coating resins, electroactive polymers, fluorochemicals, fluoropolymers, functional polyolefins, hydrazine hydrate, hydrogen peroxide, molecular sieves, odorants for gases and liquids, organic peroxide, oxygenated solvents, PEKK Polyetherketoneketone, plastic additives, pmma resins & sheets, rheology additives, solutions for glass coating, specialty adhesives, specialty polyamides, surfactants and additives, technical fluids, thiochemicals, UV, LED, EB curable resins, specialty (meth) acrylates among which specialty polyamides is market focused.

  • In October 2020, Arkema had presented at the innovative variety of high-performance raw material solutions in the FAKUMA exhibition which held in Germany. The exhibition helps in increasing the sales of the business by the production of new products in the market.

The company has wide global presence in Europe, Asia-Pacific, Middle East and Africa, North America, South America, Oceania.