The global PVDC Coated Films Market size is projected to grow from USD 1.5 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 7.0% between 2020 and 2025. The global acrylic coated films market size is projected to grow from USD 672.4 million in 2020 to USD 965.3 million by 2025, at a CAGR of 7.5% between 2020 and 2025. The PVDC and acrylic coated films industry is growing due to the rise in demand from various applications, globally. The demand for PVDC and acrylic coated films is expected to decline in 2020 due to COVID-19. However, the end of lockdown and recovery in the end-use industries will stimulate the demand during the forecast period.
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♦ Impact of COVID-19 on global PVDC coated films market and acrylic coated films market
The PVDC coated films market and acrylic coated films market is expected to witness a decline in 2020 due to the COVID-19 pandemic. This deadly virus has adversely affected the entire globe, especially the North American and European regions. To prevent the further spread of this virus, companies have shut down their operations and manufacturing facilities. This has led to a reduction in the consumption of PVDC and acrylic coated films across the food & beverage and health & personal care industries.
♦ Recent Developments
- In September 2020, The Cosmo Films Ltd. expanded its specialty polyester films segment by setting up a new line in Maharashtra (India). This expansion will help the company deliver more advanced, comprehensive products for packaging, lamination, and other applications.
- In March 2019, Transcendia, Inc. completed the acquisition of Purestat Engineered Technologies (US). This acquisition helped the company expand its product portfolio into barrier and packaging films.
- In August 2020, Cosmo Films Ltd. launched transparent antifog film, which has excellent hot and cold antifogging properties. This product has hot tack, which ranges from 280 to 530 Grams/inch, along with a temperature range of 130 to 140˚C.
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By Applications:
- Packaging
- Labelling
- Others
By End-use Industry:
- Health & Personal care
- Food & Beverage
By Region:
- North America
- Europe
- APAC
- MEA
- Latin America
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PVDC Coated Films Market or polyvinylidene chloride is a synthetic thermoplastic which is produced by the polymerization of vinylindene chloride.
They are clear and flexible thermoplastics.
As compared to metallized films they have excellent oxygen and moisture barrier properties.
They are resistance to chemicals like grease and oil.
Biaxial oriented PVDC films have low stretch and have excellent bond strength and low water absorption due to which they are used in food wrap applications.PVDC Coated Films Market is expected to grow with a steady CAGR of in the forecast period of 2019-2026.
The report contains data from the base year of 2018, and the historic year of 2017.
The PVDC Coated Films Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the PVDC coated films market include Cosmo Films Ltd., Innovia Films, Jindal Poly Films Limited, Perlen Packaging, Polinas, SKC, Inc., SRF Limited, Toray Industries, Inc., Transcendia Inc. Ltd., Treofan Germany GmbH & Co. KG, Vacmet India Ltd. and Vibac Group S.p.A.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global PVDC Coated Films Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/pvdc-coated-films-market/download-sampleMarket DynamicsThe increasing use of PVDC coated films and acrylic coated films in packaging application is primarily driving the market growth.
Superior properties offered by PVDC coated films such as barrier properties are again accelerating the market growth.
However, the high cost of production associated with the PVDC coated films is expected to hamper the market growth.
The Global Poly-Vinylidene Dichloride (PVDC) market is forecast to reach USD 2.37 Billion by 2026, according to a new report by Reports and Data.
The high barrier feature of PVDC coating enables it to be used for the packaging of perishable food products to reduce the wastage across the value chain and improve the shelf life of the product.
PP is tough and rigid, crystalline thermoplastic produced from propene monomers.
Countries such as India, China, and Japan are the fastest-growing economies contributing heavily towards the growth of the PVDC coated films market.
Presence of companies such as Jindal Poly Films Limited, Cosmo Films Limited, and Toray Industries is expected to increase the applications of the films in healthcare, food & beverage, and other industries.North America held a market share of 31.5% in the year 2018.
The Food and Drug Administration (FDA) regulated the safety of food-contact packaging, and the PVDC is strictly suited to meet the stringent standards and requirements.
Recently published a report entitled PVDC Coated Films Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The entire PVDC coated films market has been sub-categorized into type, coating side, and application.
The report provides an analysis of these subsets with respect to the geographical segmentation.
This research study will keep marketer informed and helps to identify the target demographics for a product or service.Request a FREE Sample Copy of PVDC Coated Films Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/pvdc-coated-films-market/download-sampleBy TypePolypropylene (PP)Polyethylene Terephthalate (PET)Polyvinyl Chloride (PVC)OthersBy Coating SideSingle-SidedDouble-SidedBy ApplicationPackagingLaminationLabellingOthersThe research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the PVDC coated films market include Cosmo Films Ltd., Innovia Films, Jindal Poly Films Limited, Perlen Packaging, Polinas, SKC, Inc., SRF Limited, Toray Industries, Inc., Transcendia Inc. Ltd., Treofan Germany GmbH & Co. KG, Vacmet India Ltd. and Vibac Group S.p.A.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.This section covers regional segmentation which accentuates on current and future demand for PVDC coated films market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
