Global PVDC Coated Films Market, By Type (Polyethylene (PE), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polypropylene (PP) and Polyamide (PA)), Applications (Food, Healthcare and Pharmaceuticals, Cosmetics and Personal Care), Coating Side (Single and Double), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of PVDC Coated Films Market
The PVDC coating films market is projecting substantial rise in its market value owing to the rise in the packaging industry. Data Bridge Market Research analyses that the PVDC coating films market will exhibit a CAGR of 6.05% for the forecast period of 2021-2028. This signifies that the market will rise from its market value and reach up to USD 2.66 billion by the year 2028.
VDC stands for Poly-Vinylidene Chloride. A PVDC coating film is a synthetic thermoplastic that is used in the packaging of food items, medicines and drugs and cosmetics to expand and improve their shelf life. PVDC coated films are better than any other alternatives because along with improving the shelf life, they inhibit great properties like heat resistance, moisture protection among others. It is also known as a homopolymer as it is made by the addition of polymerisation of 1, 1 dichloroethene. However, it is difficult to manufacture PVDC coating films as they start to decompose below their melting temperature.
Growth in the packaging industry coupled with the increased usage of smart food packing solutions such as laminations, pouches and bags, wraps among others will lead to the growth in the demand for PVDC coated films. The rising number of patients would imply large-scale production of medicines and drugs. This large scale production of medicines and drugs would lead to an increase in the demand for PVDC coating films as they offer great packing qualities as the medicines and drugs are perishable in nature. Increasing demand for PVDC coated films in other end-user industries such as cosmetics, construction among others will further fuel up the growth of the market.
But, the fluctuating cost of raw materials poses a great challenge for the market. Also, the low expenditure made on the research and development on reducing the environmental impacts of the PVDC coated films in the underdeveloped countries will degrade the growth rate of the PVDC coated films market. Also, the lack of upgraded technology in these regions will contribute towards restraining the market growth.
This PVDC coated films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on PVDC coated films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global PVDC Coated Films Market Scope and Market Size
The PVDC coated films market is segmented on the basis of type, applications and coating side. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the PVDC coated films market is segmented into polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polypropylene (PP) and polyamide (PA).
- On the basis of application, the PVDC coated films market is segmented into food, healthcare and pharmaceutical and cosmetics and personal care.
- On the basis of coating side, the PVDC coated films market is segmented into single and double sided.
Global PVDC Coated Films Market Country Level Analysis
The PVDC coated films market is analysed and market size, volume information is provided by country, type, application and coating side as referenced above.
The countries covered in the PVDC coated films market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region has been dominating the market in terms of market share, market value and production volume. This is because with the rapid modernization, industrialization and globalization especially in the developing countries, the demand for PVDC coated films is massively rising. Also, the region is expected to maintain its dominant position in the forecast period by witnessing the highest growth rate in terms of CAGR. Also, the manufacturers of PVDC coated films in this region are always focusing on new innovations and technology to improve the demand.
The country section of the PVDC coated films market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and PVDC Coated Films Market Share Analysis
The PVDC coated films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to PVDC coated films market.
The major players covered in the PVDC coated films market report are Treofan Group., Cosmo Films Ltd., SKC, Inc., VIBAC S.p.A., Perlen Packaging, POLINAS, SRF Limited, TORAY INDUSTRIES, INC., ACG., Vacmet India, Transcendia, JUNISH, Mitsubishi Polyester, OLUNRO CORPORATION, PT. Trias Sentosa, Tbk, SD PACK CO.,LTD, Maruti Vinyls, Dass & Company., Bhargava Poly Packs and Advance Syntex Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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