DUBLIN--(BUSINESS WIRE)--The "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" report has been added to ResearchAndMarkets.com's offering.
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.
PVDC coated films and acrylic coated films have properties such as superior moisture barrier, excellent aroma barrier, mineral oil barrier, and high dimensional stability. They also possess characteristics such as superior optical properties, low sealing threshold, and high gloss performance. These films are used in packaging, printing, labelling, lamination, and many other applications. These films exhibit a broad sealing range and excellent machinability, which makes them suitable for all packaging machines.
PP-film type is the fastest-growing film type of PVDC coated and acrylic coated films, in terms of value."
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.
Single-side PVDC coated and acrylic coated is the fastest-growing market by coating side of PVDC coated films and acrylic coated films, in terms of value.
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.
Packaging is the fastest-growing application segment of PVDC coated films and acrylic coated films, in terms of value.
The packaging application accounts for the major share in the PVDC coated films market. PVDC coated films offer an excellent barrier to oxygen, aroma, and gas. These properties make them useful in the packaging of products such as biscuits, wafers, meat, cheese, and drugs. The acrylic coated films are also available in a transparent form and, hence, are suitable for see-through packaging.
Food and beverage is the fastest-growing end-use industry of PVDC coated films and acrylic coated films, in terms of value.
Food & beverage is the dominating end-use industry of PVDC coated films and acrylic coated films market. Due to the excellent properties of PVDC coating films such as aroma barrier, oil and oxygen barrier, and temperature resistance, they are used in the packaging of wafers, biscuits, meat, and other food products. These films also possess good printability, which allows them to be used in see-through packaging and labelling in the food & beverage industry.
APAC is the fastest-growing PVDC coated films and acrylic coated films market.
APAC is one of the major consumers of PVDC coated films and acrylic coated films. This is due to the increasing demand for PVDC and acrylic coated films in end-use industries such as food & beverage and health & personal care. The region also has the presence of major manufacturers of PVDC coated films- Cosmo Films Ltd. The presence of major manufacturers is bolstering the demand for PVDC and acrylic coated films in packaging, labelling, and other applications.
- Superior Properties Offered by PVDC Coated Films and Acrylic Coated Films
- Increasing Use of PVDC Coated Films and Acrylic Coated Films in Packaging Application
- High Cost of Production
- Availability of Substitutes
- High Demand from APAC Region
- Increasing Demand for Extended Shelf Life of Packaged Food
- Need for Continuous Improvement in Product Offering
- ACG Group
- B.C. Jindal Group
- Bilcare Limited
- Cosmo Films Ltd.
- Covestro Ag
- Filmquest Group Inc.
- Foster Polymer Distribution
- Glenroy, Inc.
- Impack Films Us LLC.
- Innovia Films
- Interni Film
- Junish Composites (India) Private Limited
- Klockner Pentaplast
- Kureha Corporation
- Max Speciality Films Limited
- Mitsubishi Polyester Film, Inc.
- Mondi Group plc
- Olunro Corporation
- Perlen Packaging Ag, Perlen
- Polinas Corporate
- Pt Trias Sentosa, Tbk
- RMCL (Radha Madhav Corporation Ltd.)
- Shanghai Saidian Packing Materials Co., Ltd.
- SKC, Inc.
- SRF Limited
- Sumilon Group of Industries
- Toray Industries, Inc.
- Transcendia, Inc.
- Vacmet India Ltd.
- Vibac Group S.P.A.
- Victrex plc
- Zhejiang Yibai Packaging Materials Co., Ltd.
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