Global $159Bn Plastic Films & Sheets Market Forecast to 2026 - ResearchAndMarkets.com
Aug. 30, 2018
DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The "Plastic Films & Sheets - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Plastic Films & Sheets market is expected to grow from $96.44 billion in 2017 to reach $159.26 billion by 2026 with a CAGR of 5.7%.
Increasing use of plastic films & sheets in agriculture industry, rising demand for bioplastic materials, growing requirement for bi-axially oriented films are some factors triggering the market growth. However, stringent regulations, plastic waste disposal and its adverse impact on environment are the restraints inhibiting the market. Moreover, the market has tremendous growth opportunities such as increasing demand for packaged foods & beverages in the emerging economies and rising demand for the product in different industrial verticals.
By product, the BOPP (Biaxially Oriented Polypropylene) segment is anticipated to grow at faster rate over the forecast period due to its exclusive property of the film, which allows it to elongate in tw-distinctive directions. These BOPP's are used in various industries such as packaging, graphic, industrial specialty, electrical and electronics.
Based on geography, Asia Pacific dominated the global market during the forecast period owing to rising population, increasing purchasing power of Customers, immense agricultural production and growing infrastructural activities. Among China and Peru, the emergence of construction companies is anticipated to create growth opportunity for the market in construction applications.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porter's Five Forces Analysis
5 Global Plastic Films & Sheets Market, By Product
6 Global Plastic Films & Sheets Market, By Application
7 Global Plastic Films & Sheets Market, By Geography
8 Key Developments
9 Company ProfilingUflex Ltd. Saudi Basic Industries Corporation Berry Plastics Group Inc. Toyobo Co. Ltd. Jindal Poly Films Ltd. Amcor Limited Toray Industries Inc. RKW SE AEP Industries Inc. Sealed Air Corporation Bemis Company Inc. Plastic Film Corporation of America DowDuPont British Polythene Industries PLC Novolex
For more information about this report visit https://www.researchandmarkets.com/research/fpj548/global_159bn?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005505/en/
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Related Topics:Plastic Films
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 08/30/2018 09:58 AM/DISC: 08/30/2018 09:58 AM