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Report Overview
The global speciality plastic films market size is expected to grow at a CAGR of 7% in the forecast period of 2025-2034. The market growth is being driven by the rising demand for bioplastics.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
The growing environmental issues around the globe have led to an increased demand for plastics based on biopolymers. These bio-based plastics are produced from biodegradable and renewable raw materials such as plant seeds, including sugarcane, soybean, wood pulp, maize, wheat, coffee, and castor. Such bio-based plastics will be increasingly used in industrial and consumer goods applications to decrease emissions and general carbon footprint considerably. The use of biodegradable packaging is further enhanced by corporate eco-friendly projects and the abundance of raw materials during the bioplastic production. Despite the useful features of standard plastics, the ongoing product advances by polymer producers will increase the acceptance of bio-plastic packaging.
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Market Segmentation
Plastic film is described as a consistent type of thin plastic material, generally tore or cut into sheets on a core. It is possible to manufacture plastic film from distinct plastic resins, each with its distinctive physical characteristics that are different for different apps.
The speciality plastic films industry can be divided based on end-use into:
- Packaging
- Personal Care
- Electrical and Electronics
- Others
Looks into the regional markets of speciality plastic films like:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Market Analysis
The speciality plastic films market is driven by the growing adoption of bioplastics. The various useful characteristics of speciality plastic films, such as their high tensile strength, durability, high temperature, and moisture, chemicals, and gas resistance, will increase their demand for food and beverage packaging applications. Speciality plastic films are lightweight, puncture-resistant, and improve aesthetic appearance, thus, improving the saleability of food and beverage products. The increasing demand for packaged food and beverage products is anticipated to fuel the need for fresh packaging techniques and effective packaging materials such as speciality plastic films. The growing demand for packaged food is an essential factor driving the development of the market for speciality plastic films.
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global speciality plastic films market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Bemis Co. Inc.
- Berry Global Inc.
- SABIC Corporation (TADAWUL: 2010)
- Sealed Air Corp. (NYSE: SEE)
- Toray Industries Inc. (TYO: 3402)
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global speciality plastic films market is projected to grow at a CAGR of nearly 7% in the forecast period of 2025-2034.
The major drivers of the industry include rising disposable incomes, increasing population, and the rising demand for packaged food and beverage products.
The rising adoption of bioplastics is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading end use sectors in the industry include packaging, personal care, and electrical and electronics, among others.
The leading players in the market are Bemis Co. Inc., Berry Global Inc., Sealed Air Corp. (NYSE: SEE), Toray Industries Inc. (TYO: 3402), and SABIC Corporation (TADAWUL: 2010), among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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