20-Jan-2021 | Zion Market Research
As per analysts from Zion Market Research, the worldwide market for multi-layer blown film was capitalized at US$ 6.1 billion in 2019 and the market is forecasted to develop at a CAGR of 4.5% during 2019–2025. The multi-layer blown films are expelled films that display various properties when mixed with unusual polymer materials. The multi-layer blown films are utilized for obstruction properties. For example, the thermoforming film produced by blown extrusion is utilized for cheese, poultry, and seafood. The multi-layer blown films comprise different applications like pouches, manufacturing bags, lids and wraps amongst others. Multi-layer blown films present heat resistance that aids them in transitioning of goods at uneven temperatures.
Some of the major players functional in the market are Berry Global Group Inc., Scientex Berhad, Winpak Ltd., Coveris Holdings S.A., Proampac LLC, Loparex LLC, RKW Hyplast Nv, Next Gen Films Inc., Korozo Ambalaj San.ve Tic A.S., and Borealis AG.
Packaging Industry To Stimulate The Global Multi-Layer Blown Film Market
The packaging of products is an exceptionally essential part of the production process; producers prefer well-organized and suitable packaging for their promotions & branding. The blown films utilized for packaging are altering with regard to a number of layers and giving surge to its use for food protection. The multi-layer blown films are utilized for the safety of crops as agricultural films that stabilize light and heat transmission during the packaging. The end-users like food & beverages and pharmaceuticals can considerably contribute to the expansion of the multi-layer blown film market.
The global multi-layer blown film market is segmented based on products, film types, layer types, manufacturing processes, material types, applications, end-users, and geography. Based on the products, the market is divided into pouches, bags, wraps, lids, and other products. Based on the layer types, the market is divided into 2-layer, 3-layer, 5-layer, 7-layer, 9-layer, 11-layer, and other layer types. Based on the film types, the market is divided into specialty film, shrink film, and stretch film. Based on the material types, the market is categorized on polypropylene (PP), ethylene-vinyl acetate (EVA), polyethylene (PE), ethyl vinyl alcohol (EVOH), polyamide, polystyrene (PS), polyvinylidene chloride (PVCD), nylon, and other material types. Based on the manufacturing processes, the market is divided into co-extrusion lamination, blown film extrusion, co-extrusion coating, and cast film extrusion. Based on the applications, the market is divided into lamination films, industrial films, printing films, converter-grade films, and packaging films. Based on the end-users, the market is divided into electronics, textile, pharmaceuticals, food & beverages, agriculture, consumer goods, and other end-users.
Rising Industrialization Across The Asia Pacific Region Projected To Spur The Global Multi-Layer Blown Film Market
By geography, the global multi-layer blown film market is categorized into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The Asia Pacific region is expected to rule the market owing to rapid industrialization and flourishing growth in end-user industries that is boosting the market growth in this region.
Browse the full “Global Multi-Layer Blown Films Market By Layer Type (2-Layers, 3-Layer, 5-Layer, 7-Laye, 9-Layer, 11-Layer, And Others), Material Type (Ethylene Vinyl Acetate (EVA), Polypropylene (PP), Polyethylene (PE), Ethyl Vinyl Alcohol (EVOH), Polyamide, Polyvinyl Chloride (PVCD), Polystyrene (PS), Nylon, And Other Material Types), Film Type(Shrink Film, Specialty Film, And Stretch Film), Manufacturing Processes (Blown Film Extrusion, Co-Extrusion Lamination, Cast Film Extrusion, And Co-Extrusion Coating), Product Type (Bags, Pouches, Lids, Wraps, And Others), Application (Industrial Films And Bags, Lamination Films, Barrier Films, Converter-Grade Films, Printing Films, Packaging Films, And Can Liners), End Users (Electronics, Textiles, Food & Beverages, Pharmaceuticals, Consumer Goods, Agriculture, And Others), Region– Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/multi-layer-blown-films-market
The global multi-layer blown film market is segmented as follows:
Based on the products:
By layer types:
By film types:
By manufacturing process:
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