By polymerizing ethylene, polyethylene is a lightweight, water-resistant, and long-lasting polymer. The most popular films in the world, polyethylene films have a wide range of uses, from shopping bags to the packaging industry.
In comparison to other forms of packaging films, polyethylene films are a preferable choice due to their high strength to weight ratio. Moreover, polyethylene films‘ light weight contributes to a reduction in overall weight. The versatility and compatibility of polyethylene films with different barrier layers allow them to be used to meet even the most demanding market requirements. Consequently, the market for polyethylene films is expected to increase favourably between 2023 and 2033.
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The packaged product is shielded by polyethylene films from moisture, oxygen, dust, and bacteria. Moreover, coloured polyethylene films aid in protecting the boxed item from sunlight. Also, it is easy for both consumers and producers to be able to print out information on polyethylene films. Moreover, polyethylene films offer a number of advantages that enhance the product’s aesthetic appeal by utilising a variety of hues, patterns, and designs.
Polyethylene Films Market: Dynamics
Polyethylene films market is expected to witness significant growth owing to the growing demand in the packaging industry. Increase in per capita income across the globe is escalating the demand for packaged food & beverages, which in turn is expected to boost the market for polyethylene films.
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Polyethylene films provide protection against microorganisms which keeps the food hygienic. The innovation in flexible films industry to meet the ever -increasing market demand for innovative and lightweight packaging will contribute to the growth of the polyethylene films market. Polyethylene films thick sheets in place of glass and metals are providing the same strength in the cheaper rate. The advancement of the recycling and biodegradable sector will add to the growth of polyethylene films market.
Polyethylene films are cheap, versatile; and flexible which gives it a competitive edge in the packaging industry. Furthermore, the increase in the usage of polyethylene films for greenhouse in agriculture are escalating the demand for polyethylene films across the globe. In addition, polyethylene films also prevents moisture in the construction which is expected to lead the market for polyethylene films.
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Polyethylene Films Market: Key players
Some of the key players operating in the global polyethylene films market are –
- AEP Industries
- Amcor Limited
- I. du Pont de Nemours
- Fluoro-Plastics Inc.
- Raven Industries Inc.
- Now Plastics, Inc.
- Hosokawa Alpine Aktiengesellschaft
- Akron Porcelain & Plastics Co
- Senoplast Klepsch & Co. GmbH
Polyethylene Films Market: Segmentation
On the Basis of Material, the Global Polyethylene Films Market is Segmented as:
- Low Density Polyethylene Films (LDPE)
- Linear Low Density Polyethylene Films (LLDPE)
- Medium Density Polyethylene Films (MDPE)
- High Density Polyethylene Films (HDPE)
- Bio Polyethylene Films
On the Basis of Thickness, the Global Polyethylene Films Market is Segmented as:
- Less than 50 Microns
- 50- 100 Micron
- 100-200 Micron
- Above 200 Micron
On the Basis of Application, the Global Polyethylene Films Market is Segmented as:
- Bags & Pouches
- Tubes
- Liners & Lidding Films
- Sachets & Stick Pack
- Tapes & Labels
- Wraps & Rolls
On the Basis of End Use, the Global Polyethylene Films Market is Segmented as:
- Food & Beverages
- Healthcare
- Cosmetics & Personal Care
- Homecare
- Electrical & Electronics
- Building & Construction
- Agriculture
On the Basis of Region, the Global Polyethylene Films Market is Segmented as:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
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