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Plastic Films Market – COVID-19 Impact ,Trend ,Demand ,Share ,Huge Growth Opportunity Market Size, Countries Company Profiles, Market Segments, Landscape And Forecast 2027

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prathamesh
Plastic Films Market – COVID-19 Impact ,Trend ,Demand ,Share ,Huge Growth Opportunity Market Size, Countries Company Profiles, Market Segments, Landscape And Forecast 2027

Regional Analysis

Geographically, the Global Plastic Films Market has been divided into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. As per the analysis of MRFR, Asia-Pacific was the dominant regional market, accounting for a leading market share of over 40.0% in 2019. Moreover, North America held the second-largest market share of the global market in 2018 due to the strong consumption of plastic films specifically in packaging and construction applications.


Access Report Details @ https://www.marketresearchfuture.com/reports/plastic-films-market-3002

Key Players

Market Research Future (MRFR) identifies the following companies as the Key Players in the Global Plastic Films Market: DuPont (US), Toray Industries, Inc. (US), Amcor plc (Switzerland), Chrystal Plastic S.A.S. (US), Vibac Group Spa (Italy), Honeywell International Inc. (US), Carmel Olefins Ltd (Israel), Saudi Basic Industries Corporation (Saudi Arabia), Inteplast Group (US), Sealed Air (US), Novolex (US) and Polyone Corporation (US).


Key Findings of the Study


  • Global Plastic Films Market reached USD 71,668.2 Million in 2019 and is projected to reach USD 89,384.2 Million by the end of 2023, at a CAGR of 5.96% during the forecast period.


  • Based on technology, the blown film technology segment is expected to grow at the fastest CAGR of 6.42% during the review period.


  • On the basis of material type, the LLDPE segment dominated the market with a share of 34.15% and was valued at USD 24,480.3 million in 2019.
  • Based on application, the packaging segment is expected to grow at the fastest CAGR of 6.61% during the review period.
  • Asia-Pacific is likely to register a CAGR of over 6.87% during the review period.

 

Market Highlights

Global Plastic Films Market was valued at USD 71,668.2 Million in 2019 and is projected to grow at a CAGR of around 5.96% during the forecast period.

 

Segmental Analysis

According to MRFR analysis, the Global Plastic Films Market has been segmented based on Technology, Material Type, Application and Region.

Based on Technology, the Global Plastic Films Market has been divided into blown film technology, cast film technology, double & multi-bubble technology, barrier film, and others. The blown film technology segment held a larger market share in 2019 and is expected to register the highest CAGR of over 6.0% during the forecast period, 2019–2023.

By Material Type, the global plastic films market has been segmented into LLDPE, LDPE, HDPE, Polypropylene, PET, and others. The LLDPE segment held the largest market share of over 30.0% in 2019 and is expected to register a significant CAGR during the review period.

Based on Application, the global plastic films market COVID-19 Impact has been divided into packaging consumer goods, agriculture, construction, and others. The packaging segment held a larger market share in 2019 and is expected to register the highest CAGR of over 6.5% during the forecast period.

 

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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