Thermoplastic Films Market: By Type (Thermoplastic Polyurethane (TPU), Polycarbonate (PC), PETG/Copolyester, Acrylic (PMMA), Rigid and flexible PVC, Ethylene Vinyl Acetate (EVA)) By Application (Packaging, Medical, Food and Beverage, Industrial Others) and Geography  

Thermoplastic Films Market size was valued at USD 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. 

Thermoplastic Films Market Key Developments :

• In AUGUST 2021, Klckner Pentaplast, a leading global manufacturer of high barrier protective packaging solutions with industry-leading use of recycled content material, has launched kpNext, its first-to-market innovation in recyclable PET blister films. kpNext is the only PET recyclable blister that is completely compatible on pharmaceutical manufacturing form, fill and seal equipment.
• In July 2021, Avery Dennison signed an agreement to acquire Vestcom, a privately held market-leading provider of pricing and branded labeling solutions at the shelf-edge for retailers and consumer packaged goods companies, for $1.45 billion in a cash transaction, subject to certain closing and post-closing adjustments.