Thermoplastic Films Market: By Type, Polycarbonate, PETG/Copolyester, Acrylic, Rigid and flexible PVC, Ethylene Vinyl Acetate ) By Application and Geography
Thermoplastic Films Market size was valued at US$ 548.1 million in 2022 and is expected to grow at a CAGR of 15.4% from 2023-2028. There are a few factors that act as potent drivers such as cost efficiency and the fact that polypropylene can be used at a wide variety of temperatures. There are few restrains that hamper the growth of the global thermoplastic films market are poorly resistant to hydrocarbons, organic solvents and extremely polar solvents and are more costly than thermoset materials and will melt if they are heated. Applications for furniture & interior, doors & windows and packaging open up multiple opportunities towards the global thermoplastic films market. This report studies global thermoplastic film dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global thermoplastic films market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated competition dashboard to assess the market competition.
Study Period
2024-2030Base Year
2023CAGR
15.4%Largest Market
Asia-PacificFastest Growing Market
North America
It is noticed that the global thermoplastic films market has a significant market growth rate on the perspective of anti-scratch and chemical resistant film. The layer of microscopic substrates or ingredients that avoid various scratching effects is very small. These scratching results can include tiny cuts of plastic material these are marks attributable to a plastic surface being squeezed. Chemical resistant film is a FEP curtain is also used in open chemical fluid conditions. This curtain serves as a protective barrier between the chemicals and the factory employees. Both these factors effectively contribute towards the significant growth of global thermoplastic films market.
Asia Pacific contributed major revenue followed by North America and Europe. In 2019, Asia Pacific region accounted huge growth rate and is anticipated to grow with a forecast year coupled with the growth of the medical, automotive and construction markets, government policies favoring various industries. North America hold share of 32.2% with increased demand from industries, such as rail, building & construction, aerospace, and oil, would lead to an emphasis on infrastructure growth. Europe led the market with the help of government policies favoring different industries coupled with the expansion of the medical, automotive, and construction sectors.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2022 |
US$ 548.1 million |
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Market CAGR |
15.4% |
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By Type |
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By Application |
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By Region |
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The thermoplastic films market size was valued at US$ 548.1 million in 2022
The thermoplastic films market key players are: OMNOVA Solutions, Inc. ERGIS Group Jindal Poly Films Ltd Klöckner Pentaplast Jindal Poly Films Ltd Covestro AG LyondellBasell Industries Holdings N.V. Konrad Hornschuch AG Fine Decor GmbH Alfatherm s.p.a I. TAKIRON Corporation Schweitzer-Mauduit International, Inc. (SWM) Folienwerk Wolfen GmbH Mondoplastico S.p.A. RENOLIT
The thermoplastic films market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
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