Energy & Chemicals Industry Analysis

Global PVC Films and Sheets Market to Grow at 5.4% CAGR, which is anticipated to reach USD 9.2 billion by 2030

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Global PVC Films and Sheets Market – Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

tThe report is anticipated to reach USD 9.2 billion by 2030. According to a study by CRI Report, the market is anticipated to portray a CAGR of 5.4% between 2020 and 2030. According to the report, PVC Films & Sheets are utilized in a wide range of industries, including electronics, healthcare, building and construction, and so on. Stretch and shrink wrap for consumer and industrial goods are also possible using PVC film. PVC sheets, on the other hand, can be used for vinyl flooring, ornamental skin, wallpaper, and frosted window films, among other things. The increasing demand for sheets and films from end-use industries is a major element influencing the increase in production.

The market report on global PVC Films and Sheets Market includes in-depth insights as:

  • The estimated value of the market was USD 2.5 billion in the year 2020.
  • Global PVC Films and Sheets in APAC held the largest market share in the year 2020.
  • Global PVC Films and Sheets market is segmented by type into Polypropylene, Polyethylene and Polyvinyl Chloride (PVC)
  • Global PVC Films and Sheets market is divided by end-user into Food Packaging, Stretch Films, Shrink Films, Heavy Duty Bags, Film on Reel, and Others.
  • Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.

“The market for flexible polyvinyl chloride (PVC) films and sheets is likely to be influenced by the increased demand for isolation curtains, counter curtains, and driver isolation sheets. As a result, rigorous legislation and improved additives are boosting the quality of flexible PVC materials, which will benefit the growth of the flexible polyvinyl chloride (PVC) films and sheets market over the projection period. Furthermore, the expansion of the flexible polyvinyl chloride (PVC) films and sheets market is likely to be aided by rising domestic demand for packaged goods and beverages in emerging nations. The rise in disposable income and rising urbanization are two important factors that are projected to propel the market ahead.”, according to this report

Polymerization of vinyl chloride monomers produces polyvinyl chloride (PVC), one of the most widely used polymers. It’s fire-resistant, oil- and chemical-resistant, and long-lasting. It has modifiers to change its properties according to the needs of the end-user. Its lightweight, abrasion resistance, mechanical strength, and toughness, among other characteristics, allow it to be widely used in the construction, automotive, packaging, and electrical industries. It’s used to make pipes, fittings, profiles, tubes, films, sheets, wires, cables, and bottles, among other things.

Global PVC Films and Sheets market is segmented by type into Polypropylene, Polyethylene, and Polyvinyl Chloride (PVC). Amylase segment held the largest market share in the year 2020. PE-based films and sheets have qualities such as strong puncture resistance, heat sealer, and tensile strength, as well as lower production costs and higher end-product performance, making them appropriate for a wide range of applications. These films and sheets are also exceedingly flexible, low-temperature tolerant, resistant to bag tearing, translucent, and have good water vapor and alcohol barrier qualities. PE-based films and sheets are commonly utilized in multi-layer cast stretch film, agricultural greenhouse film, medium to heavy-duty bags, and lamination packaging film because of these qualities. LLDPE sheets, on the other hand, have outstanding cold resistance, excellent weather ability, and high welding strength, making them popular in construction.

Key Players in the Market

Some of the key players operating in the global PVC Films and Sheets Market are Ergis SA, IVK Europe, Shih-Kuen Plastics Co., Ltd., Extruflex UK Limited, Vortex Flex Pvt. Ltd., Walton Plastics, Inc., Grafix Plastics, Allen Plastic Industries Co. Ltd., Changzhou HuiSu QinYe Co., Ltd.  and Other Prominent Players

Get Valuable Insights into Global PVC Films and Sheets Market

In the new report, CRI Report thrives to present an unbiased analysis of the global PVC Films and Sheets Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021-2030. The study includes compelling insights into growth that is witnessed in the market. Global PVC Films and Sheets market is segmented by type into Polypropylene, Polyethylene, and Polyvinyl Chloride (PVC). Global PVC Films and Sheets market is divided by end-user into Food Packaging, Stretch Films, Shrink Films, Heavy Duty Bags, Film on Reel, and Others. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.

 

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