Category : Chemicals and Materials | Published at : April-2020 | Delivery Format : PDF | Status: Published | Pages : 190
Acumen research and consulting estimates that the global PVDC (Polyvinylidene Chloride) coated films market is likely to reach the market value of around US$ 2,500 Mn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecasting period 2020 – 2027.
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 food industry for packaging as it increases the food's shelf life within the package.
Market Insights
The major factor that drives the market growth are the high barrier function of PVDC coating which can be used for food packaging to reduce waste in the supply chain and increase product shelf life. PVDC coated films are used for packaging food, pharmaceuticals, cosmetics, and personal goods. The PVDC coated films market is driving the growth of the packaging industry and improved use of food packaging, such as lidding foils, pouches, wraps and laminates which are likely to propel the consumer demand. Poultry, seafood, and meat packaging are increasing demand for PVDC coated films and driving the growth of the market, especially in MEA countries.
In order to mitigate the environmental effects, manufacturers are innovating chlorine-free alternatives for packaging. Research activity to establish safe alternatives for PVDC coated films is likely to enhance awareness and strict government policy regarding the disposal of discarded films.
Report coverage
The market research study on “PVDC (Polyvinylidene Chloride) Coated Films Market (By Film Type: Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Others (Polyethylene and Polyamide); By Coating Side: Single-Side PVDC Coated Films, Double-Side PVDC Coated Films; By Application: Packaging, Lamination, Labeling; By End-Use: Cosmetic & Personal Care, Food & Beverage, Pharmaceuticals, Others (Construction and Electronics & Electrical)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global PVDC (Polyvinylidene Chloride) coated films market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global PVDC (Polyvinylidene Chloride) coated films market are film type, coating side, application, end-use, and major geographic regions. The PVDC (Polyvinylidene Chloride) coated films market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The PVDC coated film market for North America is projected to account for a significant share in terms of revenue over the forecast period. In the global market for PVDC coated films, the demand in Europe is expected to rise gradually during the forecast period, followed by Latin America and Middle East & Africa. Asia Pacific holds a market share of around 30% in 2019.
During forecast period, the packaging application is accounted to witness the highest CAGR in the market. The PVDC is optically clear, high degree of gloss and has an outstanding moisture and oxygen cap, which makes it ideal to increase the shelf life of household cover, foodstuffs, medical and pharmaceutical products. In addition, many chemicals like grease and oil are extremely resistive to PVDC.
Key Players
Major players include in this report are Jindal Poly Films Limited, Treofan Germany GmbH &, Co. KG, Transcendia Inc. Ltd., SRF Limited, Cosmo Films Ltd., SKC, Inc., Vibac Group S.p.A, Toray Industries, Inc., Vacmet India Ltd., Polinas, Innovia Films, Perlen Packaging, and others are some of the key competitors in the global PVDC (Polyvinylidene Chloride) coated films market.
The global PVDC (Polyvinylidene Chloride) coated films market is segmented as below:
Market Segmentation
PVDC (Polyvinylidene Chloride) Coated Films Market By Film Type
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
Others (Polyethylene and Polyamide)
PVDC (Polyvinylidene Chloride) Coated Films Market By Coating Side
Single-Side PVDC Coated Films
Double-Side PVDC Coated Films
PVDC (Polyvinylidene Chloride) Coated Films Market By Application
Packaging
Lamination
Labeling
PVDC (Polyvinylidene Chloride) Coated Films Market By End-Use
Cosmetic & Personal Care
Food & Beverage
Pharmaceuticals
Others (Construction and Electronics & Electrical)
PVDC (Polyvinylidene Chloride) Coated Films Market By Geography
North America
- U.S
- Canada
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
What will be the market value of PVDC (Polyvinylidene Chloride) Coated Films in the forecast period?
The market value of PVDC (Polyvinylidene Chloride) Coated Films is anticipated to be around US$ 2,500 Mn in 2027.
It is anticipated to grow around 6% CAGR amid the forecast period.2020-2027
Asia Pacific held maximum share in 2019.
Asia Pacific is projected to grow at a fast pace during forecast period.
Increasing demand for PVDC is the major drivers for the growth of the PVDC (Polyvinylidene Chloride) coated films market.
The production costs of the PVDC films are very high is the major factor hindering the growth of the market.
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.
