Lucintel Forecasts Polyolefin Film Market to Reach $112.6 Billion by 2025

November 25 17:46 2021
Lucintel Forecasts Polyolefin Film Market to Reach $112.6 Billion by 2025
Trends and Forecast for the Global Polyolefin Film Market
Trends, opportunities and forecast in polyolefin film market to 2025 polyolefin film market by material (HDPE, LDPE, LLDPE, BOPP, CPP), technology (blown film extrusion, cast film extrusion, and others) film type (shrink, stretch, and linear film), end use industry (packaging, construction, agricultural, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)

According to the recent study the polyolefin film market is projected to reach an estimated $112.6 billion by 2025 from $88.5 billion in 2019, at a CAGR of 4% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for packaged food in emerging nations and growth in oriented film.

Browse 116 figures / charts and 102 tables in this 186 -page report to understand trends, opportunities and forecast in polyolefin film market by material (HDPE, LDPE, LLDPE, BOPP, CPP), technology (blown film extrusion, cast film extrusion, and others) film type (shrink, stretch, and linear film), end use industry (packaging, construction, agricultural, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT2256 and view detailed Table of Content here – https://www.lucintel.com/polyolefin-film-market.aspx

“LLDPE film market is expected to remain the largest segment during the forecast period.”

Based on polymer type, the polyolefin film market is segmented into HDPE, LDPE, LLDPE, BOPP, and CPP. Lucintel forecasts that the LLDPE is expected to witness the largest segment over the forecast period due to its superior properties, which include high flexibility, higher tensile strength, and a high moisture barrier and BOPP film is expected to witness the highest growth over the forecast period due to increasing demand in the food packaging industry specifically in tobacco packaging.

 “Within the polyolefin film market, the packaging segment is expected to remain the largest end use industry”

Based on end use industry, the packaging segment is expected to witness the largest end use industry over the forecast period and witness the highest growth over the forecast period due to the increasing demand in food and pharma packaging applications.

“Asia Pacific will dominate the polyolefin film market in near future”

Asia Pacific is expected to be the largest region over the forecast period and witness the highest growth over the forecast period because of easy availability of raw materials at economical price and skilled labors. Also, growth in food packaging market and construction activities are also expected to increase the demand for polyolefin film.

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Major players of polyolefin film market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Jindal Poly Films, Mitsui Chemicals, Berry Plastics, Toray Industries, Toyobo Company, Amcor Flexible, and others are among the major polyolefin film providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/polyolefin-film-market.aspx or [email protected]

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