PVDC (Polyvinylidene Chloride) Coated Films Market Size is Set to Hit $ 2,500 Mn By 2027

(Market Prediction via Comtex)

The global PVDC (Polyvinylidene Chloride) Coated Films Market is estimated to grow at a healthy CAGR of over 6% during the forecast period 2020 to 2027 and reach a valuation of over US$ 2,500 Mn. The market report provides an analysis of the global PVDC (Polyvinylidene Chloride) Coated Films Market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.

PVDC coated film is a plastic film which is also known as polyvinyl chloride coated film to improve film barrier properties and to reduce the film permeability to oxygen and odor. It is commonly used in the food industry for packaging as it increases the food’s shelf life within the package.

Polyvinylidene chloride or PVDC is a unique and versatile thermoplastic synthetic polymerized chloride formed by polymerization. Optically transparent with high levels of coating and with superior qualities like metalized films in terms of oxygen and moisture barriers, PVDC is suitable for the prolongation of household wrapping, dairy, medical and pharmaceutical packaging. PVDC is particularly resistant to other contaminants such as grease and oil.

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Leading Region of PVDC Coated Films Market

In terms of revenue, Asia Pacific held the largest share in the PVDC coated films market is expected to exhibit its dominance over the forecast period. In addition to rapid industrialization, the increasing demand for PVDC coated films in the cosmetics, building and pharmaceutical and other industries is anticipated to drive sales growth for the Asia Pacific PVDC Coated Film market during the forecast period. China contributes a major share in terms of revenue in the PVDC coated films market is Asia Pacific.

Market dynamics

The major factors such as growing demand from the food & beverage and health & personal care industries are driving the growth of the PVDC coated films market. In these industries PVDC coated films are mainly used due to its properties including a higher degree of humidity, mineral oil barrier, excellent aroma, and dimensional stability. Another factor which is likely to flourish the growth of the market during forecast period is the rising demand for PVDC coated films in the pharmaceutical industry due to growing demand for blisters packaging. However, the factor that may hamper the market growth is the high cost of raw materials which is also likely to restrain the market growth during forecast period. Increasing usage of PVDC coated film in developed countries is a factor anticipated to create an opportunity during the forecast period for the growth of the global PVDC coated films market.

Recent Development in the PVDC Coated Films Market

On February 2019, Japan signed a free trade agreement with European Union for trading block of more than 25 nations. Japan and EU are the world largest market for most of products with no tariffs after a free trade agreement. UK has voted to abandon the EU in a sudden move called Brexit. UK is expected to import goods from far-off national states to offset the loss of trade deals with the EU. Therefore, it will benefit the PVDC coated film market significantly as long distances need better protection for fresh products so that they don’t go waste.

The global market is characterized by the presence of numerous large and small players key market participants include are Cosmo Films Ltd., Jindal Poly Films Limited, Treofan Germany GmbH & Co. KG, SKC, Inc., Vibac Group S.p.A , Polinas, Innovia Films, Vacmet India Ltd., SRF Limited, Toray Industries, Inc., Transcendia Inc. Ltd., Perlen Packaging, and others

Market Segmentation

Market By Film Type

Polypropylene (PP)

Polyvinyl Chloride (PVC)

Polyethylene Terephthalate (PET)

Others (Polyethylene and Polyamide)

Market By Coating Side

Single-Side PVDC Coated Films

Double-Side PVDC Coated Films

Market By Application

Packaging

Lamination

Labeling

Market By End-Use

Cosmetic & Personal Care

Food & Beverage

Pharmaceuticals

Others (Construction and Electronics & Electrical)

Market By Geography

(Regional Output, Demand & Forecast by Countries)

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Spain and Rest of Europe)
  • Asia Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific)
  • Latin America (Mexico, Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, South Africa and Rest of MEA).

Key Developments

  • In April 2019, Cosmo Films has recently launched a cast polypropylen (CPP) film to package applications requiring high humidity & oxygen barrier and high heat tack properties, a global pioneer in specialty filming in flexible packaging, laminating and labeling applications and synthetic paper.
  • In March 2019, Transcendia has completed the acquisition of Purestat Engineered Technologies, a leading custom-designed material for essential product components for a broad variety of markets and applications. This acquisition enhances Transcendia’s active packaging and barrier film platforms through the introduction of anti-static ESD (Electrostatic Dissipative).
  • In August 2018, Precision Poly LLC has been acquired by Transcendia, a pioneer in the field of specialized materials for essential product components in a wide variety of markets and applications. This acquisition expands the expertise in materials science at Transcendia, leading industry facilities and a robust manufacturing network for food and beverage sector successful product packaging and engineered films.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

CHAPTER 4. PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET BY FILM TYPE

CHAPTER 5. PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET BY COATING SIDE

CHAPTER 6. PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET BY APPLICATION

CHAPTER 7. PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET By End-Use

CHAPTER 8. NORTH AMERICA PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET BY COUNTRY

CHAPTER 9. EUROPE PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET BY COUNTRY

CHAPTER 10. ASIA-PACIFIC PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET BY COUNTRY

CHAPTER 11. LATIN AMERICA PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET BY COUNTRY

CHAPTER 12. MIDDLE EAST & AFRICA PVDC (POLYVINYLIDENE CHLORIDE) COATED FILMS MARKET BY COUNTRY

CHAPTER 13. COMPANY PROFILE

CHAPTER 14. RESEARCH APPROACH

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