#PVDC Coated Films Market

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PVDC Coated Films Market projected to reach $2.2 billion by 2025

The report "PVDC Coated Films Market and acrylic coated films by film type (PP, PVC, PET, others), Coating Side (single-side coated and double-side coated), Application (packaging, labelling, and others) , End-use Industry, Region - Global Forecast to 2025" The global PVDC coated films market size is expected to grow from USD 1.5 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 7.0% and The global acrylic coated films market size is expected to grow from USD 672 million in 2020 to USD 965 million by 2025, at a CAGR of 7.5% during the forecast period. PVDC and acrylic coated films are extensively being used in the food & beverage and health & personal care end-use industries. The increasing food & beverage industry support the demand for PVDC and acrylic coated films in the industry.

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PP-film type of PVDC and acrylic coated films comprises a major share of the PVDC coated films and acrylic coated films market in terms of value and volume.

PVDC coated and acrylic coated PP films offer high gas barrier and excellent seal strength, which enhances the properties of the film. These films also possess good aroma barrier, high stiffness, excellent oxygen & moisture barrier, superior dimensional stability, and low sealing threshold, which makes them suitable for food packaging. Acrylic-coated PP films are useful in the packaging of snacks, cigarettes, and other food items.

The COVID-19 pandemic resulted in a decline in industrial activities in the first half of 2020 across the globe. It resulted in reduced demand for PVDC and acrylic coated films from various end-use industries.

Single-side PVDC and acrylic coated type accounts for the largest market share in the global PVDC coated films market and acrylic coated films market during the forecasted period in terms of value and volume

Single-side PVDC coated films account for the major share of the overall market. These films are used in packaging meat, snacks, cheese, and other food products. They are widely used with PVC, which makes them suitable for the packaging of pharmaceutical products, where they are used in the form of blister films. Acrylic films are mostly coated on a single side. Coating done on one side of the film allows the other side to remain untreated. The other side can be coated with PVDC, which increases the shelf life of the product. This type of film is used in food packaging applications.

The food & beverage end-use industry accounted for the largest market share in the global PVDC coated films market and acrylic coated films market during the forecast period in terms of value and volume.

The food & beverage end-use industry holds the dominant market share in the global PVDC coated films market and acrylic coated films market, both in terms of value and volume. The food & beverage industry has increased demand for PVDC and acrylic coated films in packaging, labelling and other applications. The demand for PVDC and acrylic coated films from food & beverage end-use is expected to decline in 2020 due to halts in the first half of 2020. Also, major manufacturers temporarily closed their plants during the lockdown. The demand is expected to recover after the COVID-19 pandemic is under control.

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APAC is expected to account for the largest market share in the global PVDC coated films market and acrylic coated films market during the forecast period.

APAC accounts for the biggest share of the global PVDC coated films market and acrylic coaed films market. The food & beverage and health & personal care end-use industry are major consumers of PVDC and acrylic coated films in the region. The region is home to some of the major PVDC and acrylic coated films manufacturers such as B.C. Jindal Group, Vacmet India Ltd., CosmoFilms Ltd., and SRF Limited. Moreover, the China is a manufacturing hub of wide range of PVDC coated films and acrylic coated films.

However, the COVID-19 outbreak has affected the demand for PVDC and acrylic coated films in the region. On the positive side, support packages offered by governments of various countries will help to maintain the liquidity in PVDC coated films and acrylic coated films market. Such initiatives coupled with recovery in the application industries will increase the demand for PVDC coated films and acrylic coated films in APAC region.

The key players in the PVDC coated films market and acrylic coated films market include B.C. Jindal Group (India), Cosmo Films Ltd. (India), Vibac Group S.p.A. (Italy), SKC, Inc. (US) and Vacmet India Ltd (India), are some of the key players in the PVDC coated films market and acrylic coated films market. Mondi Group Plc (UK), Innovia Films (UK), SRF Limited (India), Polinas Corporate (Turkey), and Kureha Corporation (Japan) are among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the PVDC coated films market and acrylic coated films market. These players have taken different organic and inorganic developmental strategies over the past five years.

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PVDC Coated Films Market Projected to Reach $2.2 Billion by 2025| MarketsandMarkets™

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PVDC Coated Films Market Projected to Reach $2.2 Billion by 2025| MarketsandMarkets™

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The PVDC coated films market is estimated at USD 9.4 billion in 2022 and is projected to reach USD 12.3 billion by 2028, at a CAGR of 4.6% from 2022 to 2028.

Despite sluggish demand during COVID-19, demand for PVDC coated films will increase from 2021 onwards, albeit slowly, in the food category, which is expected to reach US$ 4.6 billion in 2022. In terms of value, the same segment is expected to grow at a CAGR of 4.8% over the forecast period.

The FMI team also predicts that the U.S. PVDC coated films market would grow by 3.2% year over year during the forecast period, defying initial uncertainty about how the market would perform during a global pandemic. Total PVDC coated films sales in North America is expected to reach US$ 2.3 billion in 2022.

[researchexpert]

PVDC coated and acrylic coated PP films offer high gas barrier and excellent seal strength, which enhances the properties of the film. These films also possess good aroma barrier, high stiffness, excellent oxygen & moisture barrier, superior dimensional stability, and low sealing threshold, which makes them suitable for food packaging. Acrylic-coated PP films are useful in the packaging of snacks, cigarettes, and other food items.

[chemicalintel360]

Global PVDC Coated Films Market 2021 Industry Analysis Report, Recent Trends, Application Development Potential & Regional Analysis

Polyvinylidene chloride (PVDC) is a straightforward and adaptable engineered thermoplastic produced with polymerization of vinyl-indene chloride. It is a water-based covering generally used to lessen porousness and further develop dampness obstruction property. It is utilized to wrap food things and assists with keeping the food new, further develop timeframe of realistic usability, and the bundling has an alluring serious shine finish. These are altogether the characteristics that are behind the bundling business' tendency towards plastic.

ChemIntel360’s global PVDC Coated Films market study is a 150+ slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, types, and application industry perspective. The industry is expected to grow at a CAGR of 7.0% mainly due to increasing demand of these films in food and beverage industry for packaging and labelling application.

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The plastic is optically clear and has a serious level of finish and gleam, and contrasted with metalized films it likewise has extraordinary oxygen and dampness obstruction properties. These characteristics make PVDC ideal for family wrap and in any event, wrapping for food, drug bundling, and clinical gadgets to expand their usable and time span of usability. PVDC additionally is invulnerable for synthetic substances, oil, and oil.

PVDC is a thermoplastic that can be handily expelled and overlaid. Utilizing normal ink frameworks, it is additionally microwavable and printable. Biaxial arranged PVDC film is the most well-known type in PVDC. It has great elasticity, gives magnificent bond strength, and has lower ingestion of water. It likewise has great sticking properties, making it ideal for food wrap applications.

Scope

This study contains global and regional Market size data - value and volume. The numbers are broken down by type (PP, PVC, PET, and Others), by application (Labelling, Packaging). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.

Market Overview

The global PVDC Coated Films Market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, decreased to US$1.50 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to grow in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the Market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.

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The major players in the market are Vibac Group S.p.A. (Italy), Vacmet India Ltd (India), Mondi Group Plc (UK), SKC, Inc. (U.S.), Perlen Packaging, Jindal Poly Films Limited, Treofan Germany GmbH &amp, Co. KG, Transcendia Inc. Ltd., OLUNRO CORPORATION, Innovia Films.

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ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.

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[future-market-insights]

The global market for PVDC coated films is anticipated to be valued nearly US$ 7.7 Bn in 2018 and is projected to expand at a CAGR of 4.7%, during the forecast period (2018 - 2028).

PVDC coated films are used as barrier films to increase the shelf life of the packaged product. PVDC coatings provide protection from oxygen and water vapor transmission along with high gloss and transparency. Its high barrier properties enables PVDC coated films to be used for the packaging of perishable food products in order to enhance their shelf life and reduce wastage taking place across the value chain.

[market-research-industry]

PVDC Coated Films Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

PVDC Coated Films Market: Introduction

PVDC (Polyvinylidene chloride) coated films are used as barrier films to increase the shelf life of the packaged product. PVDC coated films restrict the flow of oxygen and water vapor transmission through the packaging. The high barrier properties of PVDC coating enables PVDC coated films to be used for the packaging of perishable food products to reduce wastage across the value chain and enhance the shelf life of the product. PVDC coated films are majorly used to package pharmaceuticals, food, and cosmetics & personal care products.

PVDC Coated Films Market: Trends & Developments

Growth of the food packaging industry drives the PVDC coated films market. Increasing use of food packaging solutions such as lidding films, pouches & bags, laminates, and wraps across the globe is anticipated to propel the PVDC coated films during the forecast period. Rise in packaging of meat, poultry, and seafood is a major driver of the PVDC coated films market in countries in Middle East and Africa (MEA). Manufacturers of PVDC coated films across the globe are developing chlorine-free alternatives for packaging application to reduce the environmental impact. Manufacturers are engaged in research activities to develop sustainable alternatives for PVDC coated films to increase in consumer awareness and stringent government policies regarding disposal of discarded films.

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PVDC Coated Films Market: Segmentation

The global PVDC coated films market can be categorized based on type, coating side, application, and region. Based on type, the PVDC coated films market can be segmented into polypropylene (PP), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others. PP possesses properties such as superior gas barrier, good tensile strength, improved optical properties, and high heat sealing performance. These properties make PP PVDC coated films suitable for applications such as packaging of snacks and cigarettes.

Based on the coating side, the PVDC coated films market can be classified into single-sided and double-sided. In terms of value and volume, the single-sided segment is projected to expand at a substantial pace during the forecast period owing to the high demand for these coatings from packaging applications. In terms of application, the PVDC coated films market can be divided into packaging, lamination, labelling, and others.

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PVDC Coated Films Market: Regional Outlook

Based on region, the global PVDC coated films market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of both volume and value, Asia Pacific accounted for a dominant share of the global PVDC coated films market. China, India, and Japan hold large share of the market in the region. Numerous large PVDC coated films manufacturers such as Jindal Poly Films Limited, Toray Industries, and Cosmo Films Limited are based in Asia Pacific. Demand for PVDC coated films is expected to increase in the region during the forecast period due to the increase in use of these films in the food & beverage, health care, and other industries.

PVDC Coated Films Market: Key Players

Major players operating in the PVDC coated films market include Treofan Germany GmbH & Co. KG, Cosmo Films Ltd., SKC, Inc., Vibac Group S.p.A , Jindal Poly Films Limited, Polinas, Innovia Films, SRF Limited, Toray Industries, Inc., Vacmet India Ltd., Perlen Packaging, and Transcendia Inc. Ltd.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer Experience Maps

Insights and Tools based on data-driven research

Actionable Results to meet all the business priorities

Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America

Asia Pacific

Europe

Latin America

The Middle East and Africa

Companies in the PVDC Coated Films market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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[pratikwadekar2]

PVDC Coated Films Market Shows Strong Growth with Leading Players | Jindal Poly Films, Junish, Max Speciality Films Limited, Mitsubishi Polyester Film.

PVDC Coated Films Market 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. To extend shelf life they are usually utilized in household wrap & food and medical & pharmaceutical packaging. 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.

Global 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. Increasing demand from packaging industry due its moisture barrier property is the major factor for the growth of this market.

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Competitive Analysis: Global PVDC Coated Films Market

Few of the major competitors currently working in Global PVDC Coated Films Market are ACG, Cosmo Films Ltd., Innovia Films, Interni Film, Jindal Poly Films, Junish, Max Speciality Films Limited, Mitsubishi Polyester Film, Inc., OLUNRO CORPORATION, Perlen Packaging, PT Trias Sentosa, Tbk., SD PACK CO.,LTD, SKC Inc., SRF Limited, Toray Industries, Inc., and Vacmet India.

 Key Pointers Covered in the Global PVDC Coated Films Market Trends and Forecast to 2026

Global   PVDC Coated Films Market New Sales Volumes

Global   PVDC Coated Films  Market Replacement Sales Volumes

Global   PVDC Coated Films Market Installed Base

Global   PVDC Coated Films Market By Brands

Global   PVDC Coated Films Market Size

Global   PVDC Coated Films  Market Procedure Volumes

Global   PVDC Coated Films Market Product Price Analysis

Global   PVDC Coated Films Market Healthcare Outcomes

Global   PVDC Coated Films Market Cost of Care Analysis

Global   PVDC Coated Films Market Regulatory Framework and Changes

Global   PVDC Coated Films Market Prices and Reimbursement Analysis

Global   PVDC Coated Films Market Shares in Different Regions

Recent Developments for Global   PVDC Coated Films Market Competitors

Global   PVDC Coated Films Market Upcoming Applications

Global   PVDC Coated Films Market Innovators Study

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Key Developments in the Market:

In October 2018, Klockner Pentaplast Pharma and Medical Device Films Division (kp PMD) introduced its new ultra-high barrier PVDC film. Alfoil ET SG films are used in various applications such as ethical, OTC, generics, veterinary and nutraceutical. For low friction, unique smooth surface and improved product feeding they are designed with Super Glide finish.

In March 2015, FLEXcon announced the launch of their new PVDC coated film – optiFLEX Reseal Barrier Clear. It will act as a barrier to protect food from moisture and moistness of wet wipe products.

Market Drivers:

Its barrier qualities are used to extend the shelf life and for the conservation of food.

Materials like paper, cellophane etc. can seal themselves effectively due to its heat sealing properties.

Market Restraints:

The production cost of the PVDC films are very high which is the major factor restraining the market.

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Key insights in the report:

Complete and distinct analysis of the market drivers and restraints

Key Market players involved in this industry

Detailed analysis of the Market Segmentation

Competitive analysis of the key players involved

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PVDC Coated Films Market  Comprehensive Analysis of World Markets, Trade, Commodity Review and Outlook of Global Market Including Long-term Forecasts 2026

PVDC Coated Films Market: Introduction

PVDC (Polyvinylidene chloride) coated films are used as barrier films to increase the shelf life of the packaged product. PVDC coated films restrict the flow of oxygen and water vapor transmission through the packaging. The high barrier properties of PVDC coating enables PVDC coated films to be used for the packaging of perishable food products to reduce wastage across the value chain and enhance the shelf life of the product. PVDC coated films are majorly used to package pharmaceuticals, food, and cosmetics & personal care products.

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PVDC Coated Films Market: Trends & Developments

Growth of the food packaging industry drives the PVDC coated films market. Increasing use of food packaging solutions such as lidding films, pouches & bags, laminates, and wraps across the globe is anticipated to propel the PVDC coated films during the forecast period. Rise in packaging of meat, poultry, and seafood is a major driver of the PVDC coated films market in countries in Middle East and Africa (MEA). Manufacturers of PVDC coated films across the globe are developing chlorine-free alternatives for packaging application to reduce the environmental impact. Manufacturers are engaged in research activities to develop sustainable alternatives for PVDC coated films to increase in consumer awareness and stringent government policies regarding disposal of discarded films.

PVDC Coated Films Market: Segmentation

The global PVDC coated films market can be categorized based on type, coating side, application, and region. Based on type, the PVDC coated films market can be segmented into polypropylene (PP), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others. PP possesses properties such as superior gas barrier, good tensile strength, improved optical properties, and high heat sealing performance. These properties make PP PVDC coated films suitable for applications such as packaging of snacks and cigarettes.

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Based on the coating side, the PVDC coated films market can be classified into single-sided and double-sided. In terms of value and volume, the single-sided segment is projected to expand at a substantial pace during the forecast period owing to the high demand for these coatings from packaging applications. In terms of application, the PVDC coated films market can be divided into packaging, lamination, labelling, and others.

PVDC Coated Films Market: Regional Outlook

Based on region, the global PVDC coated films market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of both volume and value, Asia Pacific accounted for a dominant share of the global PVDC coated films market. China, India, and Japan hold large share of the market in the region. Numerous large PVDC coated films manufacturers such as Jindal Poly Films Limited, Toray Industries, and Cosmo Films Limited are based in Asia Pacific. Demand for PVDC coated films is expected to increase in the region during the forecast period due to the increase in use of these films in the food & beverage, health care, and other industries.

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PVDC Coated Films Market: Key Players

Major players operating in the PVDC coated films market include Treofan Germany GmbH & Co. KG, Cosmo Films Ltd., SKC, Inc., Vibac Group S.p.A , Jindal Poly Films Limited, Polinas, Innovia Films, SRF Limited, Toray Industries, Inc., Vacmet India Ltd., Perlen Packaging, and Transcendia Inc. Ltd.

[pratikwadekar]

Global 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. Increasing demand from packaging industry due its moisture barrier property is the major factor for the growth of this market.

[morerushikesh]

The PVDC Coated Films Market is expected to witness sustained growth over the forecast period (2019-2023). The growth of the PVDC Coated Films market is driven as there is favourable growth in the industry is a major factor which will boost the PVDC Coated Films market.