Edible Films And Coatings Global Market Report 2023 – By Ingredient Type (Protein, Polysaccharides, Lipids, Composites), By Application (Dairy products, Bakery and Confectionery, Fruits and Vegetables, Meat, Poultry, and Seafood, Other Applications), By End-User (Food and Beverage, Pharmaceuticals) – Market Size, Trends, And Global Forecast 2023-2032

The plastic materials are synthetically made final products from polymers and resin is an unprocessed plastic derived from plant oozes. These include nonvulcanizable thermoplastic elastomers, and customized as well as non-customized synthetic resins. The main types of plastic materials and resins are polypropylene-plastic material and resins, high-density polyethylene, polyvinyl chloride, polyethylene terephthalate, polyurethane, low-density polyethylene, polystyrene-plastic material and resins, and other types of plastic material and resins. Polyvinyl chloride is a thermoplastic made of 57% chlorine derived from common salt and 43% carbon derived from ethylene from hydrocarbon feedstocks, sugar crops, crude oil, and natural gas. The applications involved are packaging, housewares, bags, sheets, bottles, fibers, tapes, films, medical materials, and other applications. The end-user industries include the chemical industry, the coating and printing industry, the electronics industry, the food and pharmaceutical industry, and other end-user industries. The global plastic materials and resins market is segmented - 1) By Type: Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins 2) By Application: Packaging, Housewares, Bags, sheets, Bottles, Fibers, Tapes, Films, Medical Materials, Other Applications 3) By End User Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries The global plastic materials and resins market grew from $800.9 billion in 2022 to $885.95 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plastic materials and resins market is expected to grow to $1301.4 billion in 2027 at a CAGR of 10.1%. New developments in the packaging industry, such as CO2RE foaming technology, big data, and IoT integration, are expected to drive the market going forward. Convenience features, such as resealable packs, easy-opening, stand-up pouches, and smaller pack sizes for single-servings, are being introduced, and more promotional packs and brand extensions are being developed to ensure customer loyalty. Similarly, the recent development of biodegradable plastics, which degrade naturally from the actions of microorganisms such as bacteria, algae, and fungi, is gaining traction. These developments in packaging will increase the consumption of plastics, which will drive the market's growth. Major companies in the plastic materials and resins market include Dow Inc., Sinopec Limited, LyondellBasell Industries Holdings BV, Whitehead Institute for Biomedical Research, BASF SE, INEOS AG, DuPont Inc., Alpek SA.B. de C.V, Alfa SA.B. de C.V, and Exxon Mobil. Oil price volatility is likely to have a negative impact on the plastic materials and resins market as a significant decline and increase in oil prices negatively impact government and consumer spending. The decline in oil prices is having a negative impact on government spending in countries such as Saudi Arabia, Nigeria, and the UAE (United Arab Emirates), which are largely dependent on revenues generated through crude oil exports, whereas a significant increase in oil prices has resulted in a spurt in inflation, current account deficit, and fiscal deficit in countries such as India and China, which predominantly import oil. For instance, the Saudi government is expected to cut down its spending from 1.05 trillion riyals ($280 billion) in 2019 to 1.02 trillion riyals ($270 billion) in 2020 and to 955 billion riyals ($255 billion) by 2022 due to a significant decline in revenues generated from oil exports, thereby affecting the market. This high volatility in the oil process is further expected to negatively impact the market going forward. The search for new characteristics for plastic materials and innovations in the manufacturing process have led to the development of various high-performance plastics. For example, smart polymers are materials that can change based on external environmental stimuli. A product that is a result of a combination of nanotechnology and plastic engineering. These products have high electrical conductivity, dimensional stability, and are also flame retardant, along with resistance to scratches, dents, and heat. These new high-performance plastics have gained rapid acceptance and find their applications in the medical, electronics, food packaging, automotive, and aerospace sectors. For instance, some of the major developments in plastic materials include plastics from potatoes and virgin PET from discarded textile fabric and waste bottles. Asia-Pacific was the largest region in the plastic materials and resins market in 2022. North Americawas the second-largest region in the plastic materials and resins market. The regions covered in the plastic materials and resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the plastic materials and resins market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The plastic materials and resins market consists of the sales of ryton & kynar, acrylic or polymethyl methacrylate, polycarbonate, and acrylonitrile-butadiene-styrene plastic materials and resins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plastic materials and resins market research report is one of a series of new reports from The Business Research Company that provides plastic materials and resins market statistics, including plastic materials and resins industry global market size, plastic materials and resins market regional shares, competitors with a plastic materials and resins market share, detailed plastic materials and resins market segments, market trends and opportunities, and any further data you may need to thrive in the plastic materials and resins industry. This plastic materials and resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the plastic materials and resins industry.

Polyimide film is a lightweight, flexible, polymer-based material with high heat and chemical resistance. The polyimide films and tapes are used for high-temperature resistance applications. Polyimide films and tapes provide excellent thermal, electrical, physical, and chemical resistance properties over a wide range of temperatures, making them suitable for electrical insulation applications. The main types of polyimide films and tapes are polyimide tapes, conventional polyimide films, colorless polyimide films, and others. Polyimide tapes are used in applications that require high temperature resistance, such as automotive and industrial, electronics, aerospace, and labeling. The various applications include flexible printed circuits, specialty fabricated products, pressure-sensitive tapes, motors or generators, wires, and cables, and are used in various sectors such as electrical and electronics, automotive, aerospace, solar, labelling, medical, and by other end users. The global polyimide films and tapes market is segmented - 1) By Type: Polyimide Tapes, Conventional Polyimide Films, Colorless Polyimide Films, Other Types 2) By Application: Flexible Printed Circuits, Specialty Fabricated Products, Pressure-Sensitive Tapes, Motors and Generators, Wires and Cables 3) By End User: Electrical and Electronics, Automotive, Aerospace, Solar, Labeling, Medical, and Other End Users The global polyimide films and tapes market size grew from $1.92 billion in 2022 to $2.24 billion in 2023 at a compound annual growth rate (CAGR) of 16.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global polyimide films and tapes is expected to grow to $3.74 billion in 2027 at a CAGR of 13.7%. The rise in demand for electronics is significantly contributing to the growth of the polyimide films and tapes market going forward. Electronics are electronic devices or circuits that use microchips, transistors, and other components to perform a variety of tasks. Polyimide films and tapes are insulating materials that are widely used in electrical engineering and electronics for high-temperature resistance applications. For instance, according to the India Brand Equity Foundation, electronics demand is expected to increase from $33 billion in 2020 to $400 billion by 2025. Therefore, the rise in demand for electronics is promoting the growth of the polyimide film and tape market. Major players in the polyimide films and tapes market are DuPont, Taimide Tech. Inc., Saint-Gobain, Toray Industries Inc., Dunmore, 3M, Nitto Denko Corporation, Ube Industries Ltd., Mitsubishi Gas Chemical Company Inc., Kaneka Corporation, Arakawa Chemical Industries Ltd., Kolon Industries Inc., EVERTECH ENVISAFE Ecology Co. Ltd., FLEXcon Company Inc., Suzhou Kying Industrial Materials Co. Ltd., and Shinmax Technology Ltd. Technological developments have emerged as a key trend gaining popularity in the polyimide films and tapes market. Major companies operating in the polyimide films and tapes sector are focused on developing new technological solutions to meet consumer demand. For example, in November 2020, Kaneka Corporation, a Japan-based chemical manufacturing company, developed the super heat-resistant polyimide film PixeoTM IB for 5G millimeter-wave zones based on advanced polyimide development technology. PixeoTM IB includes transparent heat-resistant polyimide film that reduces the dielectric loss tangent and can act as a glass substitute for ultrahigh thermal conductive graphite sheets and thin-film transistor (TFT)*5 substrates. In July 2021, Dupont, a US-based chemicals company, acquired Laird Performance Materials for an undisclosed amount. With this acquisition, Dupont’s electronics and industrial segments will be strengthened, and the two businesses will work together to accelerate the adoption of 5G telecommunications, high-performance computing, artificial intelligence, and the internet of things. Laird Performance Materials is a China-based company that operates in the polyamide film market. Asia-Pacific was the largest region in the polyimide films and tapes market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polyimide films and tapes market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the polyimide films and tapes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The polyimide films and tapes market consists of sales of polyimide films and tapes that are used for insulation on electrical components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The polyimide films and tapes market research report is one of a series of new reports from The Business Research Company that provides polyimide films and tapes market statistics, including polyimide films and tapes industry global market size, regional shares, competitors with polyimide films and tapes market share, detailed polyimide films and tapes market segments, market trends and opportunities, and any further data you may need to thrive in the polyimide films and tapes industry. This polyimide films and tapes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Agricultural films refer to coring material, whether or not it comes in rolls. Film is used for composting, as well as for row coverings, hay bags, silo caps, trench silo covers, plant bed covers, and to conserve fodder. The raw materials commonly used in agricultural films are low-density polyethene (LDPE), ethylene-vinyl acetate (EVA), or ethylene-butyl acrylate (EBA) copolymers, and linear low-density polyethene (LLDPE). The main types of agricultural films are low-density polyethene, linear low-density polyethene, high-density polyethene, ethylene-vinyl acetate, and others. High-density polyethene is a low-cost, milky white, semi-translucent thermoplastic. It is stiffer and stronger than LDPE, with good impact strength and greater puncture resistance. The various forms of films include geomembrane, agricultural silage films, agricultural mulching films, greenhouse plastic/covering films that are used for bale wrapping and ensiling, silo bag manufacturing, tunnel covers, and bunker ensiling. The global agricultural films market is segmented – 1) By Type: Low-Density Polyethylene, Linear Low-Density Polyethylene, High-Density Polyethylene, Ethylene Vinyl Acetate, Other Types 2) By Film: Geomembrane, Agricultural Silage Films, Agricultural Mulching Films, Greenhouse Plastic Or Covering Film 3) By Application: Agricultural Films For Bale Wrapping And Ensiling, Agricultural Films For Silo Bags Manufacturing, Agricultural Films For Tunnel Covers, Agricultural Films For Bunker Ensiling The global agricultural films market size grew from $10.39 billion in 2022 to $11.24 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global agricultural films is expected to grow to $14.47 billion in 2027 at a CAGR of 6.5%. The increase in focus on improving agricultural output globally is expected to propel the growth of the agricultural films market going forward. Agricultural productivity, often known as output, is defined as total output per unit of a single input; partial factor productivity (PFP) metrics include land productivity (yield) and labour productivity. The growing population coupled with the demand for food and reduction in agricultural lands enhance the demand for productivity on existing agricultural lands. For instance, according to the Global Agricultural Productivity Report published in 2021, total factor productivity (TFP) is expanding at a 1.36% annual pace (2020-2019). This falls below the 1.73% yearly growth goal set by the Global Agricultural Productivity Index to meet consumers' food and bioenergy needs in 2050. Therefore, the increasing focus on improving agricultural output drives the growth of the agricultural films market. Major players in the agricultural films market are Berry Global Inc., Kuraray Co. Ltd., Coveris Group, TrioplastIndustrier AB, Armando Alvarez Group, RKW Group, AL-PACK Enterprises Ltd., RPC Group plc, The Dow Chemical Company, BASF SE, Ab Rani Plast Oy, INDEVCO Group, Takiron Co. Ltd., Britton Group Inc., and Anhui Guofeng Plastic Industry Co. Ltd. The introduction of biodegradable polymers to enhance production is shaping the agricultural film market. Major corporations are investing in biodegradable polymers with competitive mechanical properties in order to replace petroleum-based commodity plastics. For instance, in March 2022, Solvay S.A., a Belgian-based chemical manufacturing company, launched Jaguar. Jaguar is a guar-based biodegradable polymer solution that can be used to develop sustainable farming methods. This material provides greater strength and an aesthetic appearance. In June 2021, CNH Industrial N.V., a Netherland-based capital goods company, acquired Raven Industries Inc. for a deal amount of $ 2.1 billion. The acquisition will strengthen CNH Industrial's position in the global farm equipment industry by adding strong innovation capabilities in autonomous and precision agriculture technologies. Raven Industries Inc. is a US-based agriculture company that produces high-altitude balloons, radar systems, plastic film and sheeting, and precision agriculture products. Asia-Pacific was the largest region in the agricultural films market in 2022. The regions covered in the agricultural films market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the agricultural films market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The agricultural films market consists of sales of tunnel film, water reservoir film, soil sterilization film, polyvinyl chloride, nylon, and teflon. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The agricultural films market research report is one of a series of new reports from The Business Research Company that provides agricultural films market statistics, including agricultural films industry global market size, regional shares, competitors with an agricultural films market share, detailed agricultural films market segments, market trends and opportunities, and any further data you may need to thrive in the agricultural films industry. This agricultural film market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An oral thin film (OTF) is a very thin polymeric film that is applied in the mouth. The purpose of oral thin film (OTF) is to deliver therapeutic substances into the oral cavity or the stomach tract, where they are absorbed and transported directly to the circulatory system. The main types of oral thin films include sublingual film and fast dissolving dental/buccal film. The sublingual film refers to oral thin films that rapidly dissolve under the tongue and are quickly absorbed by blood with the help of tissue. It is used to treat patients who are recovering from opioid misuse disorder. These oral thin films are used in the treatment of schizophrenia, migraine, opioid dependence, nausea, and vomiting. They are sold through hospital pharmacies, retail pharmacies, and other distribution channels. The global oral thin films market is segmented - 1) By Type: Sublingual Film, Fast Dissolving Dental/Buccal Film 2) By Disease Indication: Schizophrenia, Migraine, Opioid Dependence, Nausea & Vomiting, Other Disease Indication 3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels The global oral thin films market size grew from $3.58 billion in 2022 to $3.99 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the oral thin films market is expected to grow to $6.22 billion in 2027 at a CAGR of 11.7%. Rising demand for thin film drug delivery systems is propelling the growth of the oral thin film market. Thin films have been identified as a potential alternative to standard dosage forms. It is a convenient, self-administrable, and fast-dissolving dosage form for the delivery of medications, which makes it a versatile drug delivery platform. Thin films are taken orally and do not require water to be swallowed to absorb a drug. OTF is more patient-friendly due to its rapid dissolution rate. Due to these reasons, the demand for thin-film drug delivery systems is increasing, which is bringing more demand for oral thin films as well. For instance, in January 2021, a Turkish Journal of Pharmaceutical Sciences report shows that the global thin-film pharmaceutical products market is expected to increase from $7 billion in 2015 to over $15 billion by the end of 2024. It estimates that there will be an increase of 117% in 10 years. Thus, increasing demand for thin film drug delivery systems is driving the growth of the oral thin film market. Major players in the oral thin films market are ZIM Laboratories, NAL Pharma, Cure Pharmaceutical, IntelGenx Corp., Kyu Kyu Pharmaceutical Co. Ltd., Seoul Pharmaceuticals, CL Pharm, Aquestive Therapeutics Inc., Shilpa Therapeutics Pvt. Ltd., Sunovion Pharmaceuticals Inc., Solvay, LTS Lohmann Therapie-Systeme AG, Mylan Inc., LIVKON Pharmaceuticals Pvt. Ltd., and ARx, LLC. The rapidly growing investment in research and development (R&D) by leading players has propelled the growth of the oral thin film market. Major companies operating in the oral thin films market are focused on investing in research and development of fast dissolving oral thin films to strengthen their position by implementing new platform technologies such as soluleaves, XGEL, and waferTab. R&D helps to innovate new solutions that can be more convenient, effective, and efficient for drug delivery. For instance, in October 2020, CURE Pharmaceutical Holding Corp. introduced Nutri-Strips, a revolutionary oral thin-film strip technology to enhance efficiency over OTC vitamins, capsules, soft gels, and gummies for a better consumer experience. As part of its R&D efforts, the company has developed a broad platform of formulations that offer targeted dosing, including CURE’s patented and advanced oral thin-film strip technology. In September 2022, LTS LOHMANN Therapie-Systeme AG, a Germany-based company specializing in the development and manufacture of drug delivery systems such as oral thin films (OTF), acquired Tapemark Inc. for an undisclosed amount. With this acquisition, LTS leveraged Tapemark's premier CDMO with expertise in oral thin film, unit dosage semi-solid drugs, and iontophoresis products. Tapemark Inc. is a US-based CDMO specializing in transdermal drug delivery systems and oral thin film. North America was the largest region in the oral thin film market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oral thin film market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the oral thin film market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The oral thin films market consists of sales of orally disintegrating and orally dissolving films. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The oral thin films market research report is one of a series of new reports from The Business Research Company that provides oral thin films market statistics, including oral thin films industry global market size, regional shares, competitors with an oral thin films market share, detailed oral thin films market segments, market trends and opportunities, and any further data you may need to thrive in the oral thin films industry. This oral thin films market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The edible films and coatings market consists of sales of edible films and coatings and related products by entities (organizations, sole traders, and partnerships) used for preventing moisture loss, maintaining quality, safe transportation, and storage of foods. Edible films and coatings refer to thin layers of edible materials applied to food products that play an important role in their conservation, distribution, and marketing. The main types of ingredients in edible films and coatings are protein, polysaccharides, lipids, and composites. Proteins refer to a class of nitrogenous organic compounds that have large molecules composed of one or more long chains of amino acids. The applications include dairy products, bakery and confectionery, fruits and vegetables, meat, poultry, seafood, and other applications. The various end-users include food and beverages and pharmaceuticals. The global edible films and coatings market is segmented - 1) By Ingredient Type: Protein, Polysaccharides, Lipids, Composites 2) By Application: Dairy products, Bakery and Confectionery, Fruits and Vegetables, Meat, Poultry, and Seafood, Other Applications 3) By End-User: Food and Beverage, Pharmaceuticals The global edible films and coatings market size grew from $2.95 billion in 2022 to $3.2 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The edible films and coatings market size is expected to grow to $4.25 billion in 2027 at a CAGR of 7.4%. The increase in the sales of fruits and vegetables across the globe is expected to propel the growth of the edible films and coating market going forward. Fruits and vegetables are the sources of food that are obtained from plants. Edible films and coatings are used for the packing of fruits and vegetables as they increase the shelf life and are eco-friendly. According to a report by FreshPlaza, a Netherlands-based media platform for the fresh produce industry, the sale of organic fresh produce reached $2.3 billion in the first quarter of 2022, an increase of 4% from previous years. This increase in the sales of fruits and vegetables across the globe is driving the edible film and coating market. The major players in the edible films and coatings market are Tate & Lyle PLC, DuPont de Nemours Inc., Dohler Group, Koninklijke DSM NV, Cargill Incorporated, Ingredion Incorporated, Watson Inc., Kerry Group PLC, Ashland Inc., JRF Technology LLC, BluWrap, CP Kelco, Nagase & Co. Ltd., FMC Corporation, and MonoSol LLC. Technological advancement is a key trend gaining popularity in the edible films and coatings market. Major companies operating in the edible films and coatings market are focusing on product innovation with innovative technologies to strengthen their position in the edible films and coatings market. For instance, in April 2021, AgroFresh Solutions Inc., a US-based food freshness and quality solutions provider, launched a new plant-based film called VitaFresh Botanicals – Life Ultra that uses a new innovative technology involving a nanoemulsion process that generates smaller particles, thereby offering a superior coating of foods and more protection. This product ensures the freshness of the product, reduces dehydration and reduces the food loss reduction for certain tropical fruits. In November 2022, Sherwin-Williams Company, a US-based company manufacturer of paint and coatings, reached an agreement to purchase Peter Möhrle Holding and the GP Capital UG partnership, which included Oskar Nolte GmbH and Klumpp Coatings GmbH for an undisclosed amount. With this acquisition, Sherwin-Williams is expected to develop profitably faster in the worldwide industrial wood market and continues to follow its acquisition strategy of complementary, superior, and differentiating companies. Oskar Nolte GmbH is a Germany-based producer and distributor of industrial coating products. North America was the largest region in the edible films and coatings market in 2022. Asia-Pacific is expected to be the fastest-growing region in the edible films and coatings market during the forecast period. The regions covered in this edible films and coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the edible films and coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The edible films and coatings market consists of sales of protein-based coatings such as collagen films, gelatin films and wheat gluten films. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The edible films and coatings market research report is one of a series of new reports from The Business Research Company that provides edible films and coatings market statistics, including edible films and coatings industry global market size, regional shares, competitors with an edible films and coatings market share, detailed edible films and coatings market segments, market trends and opportunities, and any further data you may need to thrive in the edible films and coatings industry. This edible films and coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive films are a thin coating of laminated film placed on the inside or outside of a car window, providing discretion, relaxation, and increased security. These films improve the way cars are presented and give them a very glossy, transparent appearance. The automotive films are used to protect cars from environmental factors such as excess moisture, road salt, sap, and other debris. The main types of automotive films are window film, paint protection films, and wrap film. Window film is used to conserve energy, but it also helps to prevent the deterioration of indoor furniture, textiles, and flooring by filtering harmful ultraviolet (UV) rays. It is a thin laminate film that may be applied to the inside or outside of glass surfaces. The different material types include dyed, metalized, and ceramic. The several vehicle types include passenger and commercial. It is used in various applications, such as interior and exterior films. The global automotive film market is segmented - 1) By Film Type: Window Film, Paint Protection Films, Wrap Film 2) By Material Type: Dyed, Metalized, Ceramic 3) By Vehicle Type: Passenger, Commercial 4) By Application: Interior, Exterior The global automotive film market size will grow from $5.27 billion in 2022 to $5.71 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global automotive film is expected to grow to $7.63 billion in 2027 at a CAGR of 7.5%. The increase in demand for passenger vehicles in developing economies is expected to propel the growth of the automotive film market going forward. A vehicle is defined as a passenger vehicle if it is either designed, built, or modified to transport people. In passenger vehicles, automotive films are used to protect the passengers and driver from direct rays of sun, heat, and to reduce the internal temperature of the car. For instance, according to the Society of Indian Automobile Manufacturers (SIAM), an India-based a not-for-profit apex national body of the Indian government, sales of passenger vehicles as a whole increased by 13.2% in the fiscal year 2021 to 3.07 million from 2.71 million in the year 2020. Furthermore, according to the state council of the People’s Republic of China, in 2021, China's sales of passenger cars increased 4.4% year over year to 20.15 million units, with the high demand for new energy vehicles (NEVs) continuing to drive the market expansion. Therefore, the increasing demand for passenger vehicles in developing economies is driving the demand for the automotive film market. Major players in the automotive film market are 3M, Avery Dennison Corporation, HEXIS S.A., Garware Sun Control Film, Johnson Window Films Inc., Saint-Gobain Performance Plastics, Madico Inc., Kay Premium Marking Films Ltd., Lintec Corporation, Akzo Nobel N.V., Xpel Technologies Corp., Zeo Technology Group Limited, Renolit Group, Solar Screen International SA, and GLOBAL WINDOW FILMS. The development of new products is a key trend gaining popularity in the automotive film market. Major companies operating in the automotive film sector are focused on adopting new and advanced products to strengthen their market position. For instance, in December 2020, STEK Automotive, a US-based film technology developer, launched graphene-enhanced nano-ceramic window films, a premium nano-ceramic window film that contains graphene as well as tungsten and antimony tin oxide. These nano-ceramic window films enhanced with graphene exhibit crystal clarity, reduce UV and glare, and effectively block heat from entering vehicle interiors. In September 2021, Eastman Chemical Company, a US-based company primarily involved in the chemical industry, acquired Matrix Films LLC for an undisclosed amount. Through this acquisition, Eastman Chemical would take over Matrix Frim’s premium shield brand and line of automotive film patterns to jointly create greater strength and differentiation. With PremiumShield's professional team and comprehensive pattern database, Eastman would further solidify its position as a market leader in performance films. Matrix Films, LLC is a US-based manufacturer of premium shields and automotive films. North America was the largest region in the automotive flim market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive film market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive film market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive films market consists of sales of crystalline, color-stable, obsidian, and fx premium. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive films market research report is one of a series of new reports from The Business Research Company that provides automotive film market statistics, including global market size, regional shares, competitors with automotive film market share, detailed automotive film market segments, automotive film market trends, and opportunities, and any further data you may need to thrive in the automotive film industry. This automotive film market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Plastic films and sheets refer to a continuous form of plastic material that is thin and wound on a core, or cut into sheets. Plastic films are thinner in nature than plastic sheets and have a thickness of 0.6 mm to 0.10 mm or thicker. These are used by various industries as these sheets are environmentally friendly, multi-purpose plastic material, wrinkle and weather resistant, reusable, durable in nature, and recyclable. The main types of plastic films and sheets are polypropylene, polyethylene, polyvinyl chloride, rubber, and other types. Polypropylene is used to create the synthetic resin known as polypropylene. The various applications include food packaging, stretch film, shrink film, heavy-duty bags, film on a reel, and other applications. The various end users involved automotives, aerospace and aviation, packaging, food and beverages, building and construction, healthcare, printing, agriculture, and other end-users. The global plastic films and sheets market is segmented - 1) By Type: Polypropylene, Polyethylene, Polyvinyl Chloride, Rubber, Other Type 2) By Application: Food Packaging, Stretch Film, Shrink Film, Heavy Duty Bags, Film on Reel, Other Applications 3) By End Use: Automotive, Aerospace and Aviation, Packaging, Food and Beverages, Building and Construction, Healthcare, Printing, Agriculture, Other End-Users The global plastic films and sheets market size grew from $78.65 billion in 2022 to $83.28 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global plastic films and sheets is expected to grow to $103.64 billion in 2027 at a CAGR of 5.6%. The growth in the plastics industry is expected to propel the growth of the plastic films and sheets market going forward. The plastic industry refers to an organisation that is involved in the manufacturing of polymer materials that are known as plastic, a chemical compound that is light-weight, elastic in nature, moldable, and has other unique features. Plastic films and sheets help the plastic industry with many advantages, such as reduced weight in components in manufacturing, good packaging solutions, strength, durability, and other features that can be used in various industries such as automobiles, food and beverages, construction, electronics, healthcare, and others. For instance, in March 2022, according to an article published by the American Mold Builders Association, a US-based organisation that has been dedicated exclusively to the U.S. mould manufacturing industry, plastic production increased by 7.1% from the year 2019 to 2020 and is expected to grow at a rate of 4.5% year-on-year. Therefore, the growth of the plastic industry is driving the growth of the plastic film and sheet market. Major players in the plastic films and sheets market are Amcor Inc., Berry Plastic Inc., Saudi Basic Industries Corporation, Toray Industries Inc., Sealed Air Corporation, UFlex Limited, Toyobo Co Ltd., Jindal Poly Films Limited, Dupont Teijin Films Limited, Taghleef Industries LLC, Bemis Manufacturing Company, Novolex Com, British Polythene Industries PLC., Oben Holding Group S.A.C, CCL Industries Inc., Mitsubishi Chemical Corporation, RKW Group, Plastic Film Corporation, and AEP Industries Inc. Product innovation is a key trend gaining popularity in the plastic films and sheets market. Major companies operating in the plastic films and sheets market are focused on developing new product solutions to strengthen their position. For instance, in July 2021, SABIC, a Saudi Arabia-based company operating in plastic films and sheets, introduced LEXANTM Copolymer, a sustainable polycarbonate film, the first in the industry to receive ISCC PLUS certification for film and sheet products based on renewable polycarbonate. LEXAN polycarbonate resin is an amorphous engineering thermoplastic that can be deformed in extreme heat (typically 147 degrees Celsius, or 297 degrees Fahrenheit) and whose molecules are comprised of repeating subunits. LEXANTM Copolymer provides outstanding mechanical, optical, electrical, and thermal properties, and the product produced by LEXAN exhibits properties such as scratch resistance, toughness, heat resistance, biocompatibility, and optical quality. It complies with stringent FDA and USP requirements and therefore can be used in medical devices. In June 2021, Spectrum Plastics Group, a US-based company operating in plastic films and sheets, acquired KCS Plastics Ltd for an undisclosed amount. Through this acquisition, Spectrum Plastics Group aims to strengthen its product portfolio in plastic films and sheets and to gain market advantage by supplying packaging solutions for the food, industrial, and medical packaging sectors. KCS Plastics Ltd. is a Canada-based company operating in plastic films and sheets. Asia-Pacific was the largest region in the plastic films and sheets market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this plastic films and sheets market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the plastic films and sheets market report is Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plastic films and sheets market consists of sales of melamine sheet, perforated plastic sheet, phenolic sheet, and PVDF film. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plastic films and sheets market research report is one of a series of new reports from The Business Research Company that provides plastic films and sheets market statistics, including plastic films and sheets industry global market size, regional shares, competitors with plastic films and sheets market share, detailed plastic films and sheets market segments, market trends and opportunities, and any further data you may need to thrive in the plastic films and sheets industry. This plastic films and sheets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Polyethylene terephthalate is a strong, rigid synthetic fiber and resin belonging to the polyester family of polymers and formed by the polymerization of ethylene glycol with terephthalic acid. Polybutylene terephthalate (PBT) resin is a crystalline synthetic resin formed by the polymerization of butanediol and terephthalic acid. Polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resins are used in the manufacture of lightweight plastic for packaging foods and beverages, and soft drinks. The main types of polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market are transparent & non-transparent PET and recycled PET. Transparent PET is non-crystalline PET that is highly transparent. Non-transparent PET is crystalline PET that is opaque in nature. The different PET applications include bottles, films, food packaging, and others. The various PBT applications include electrical & electronics, automotive, consumer appliances, and others. The global polyethylene terephthalate pet and polybutylene terephthalate pbt resins market is segmented - 1) By Type: Transparent And Non-Transparent Pet, Recycled Pet 2) By PET Application: Bottles, Films, Food Packaging, Other PET Applications 3) By PBT Application: Electrical And Electronics, Automotive, Consumer Appliances, Other PBT Applications The global polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market size grew from $39.98 billion in 2022 to $44.26 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market is expected to grow to $63.76 billion in 2027 at a CAGR of 9.6%. An increase in demand for polyethylene terephthalate (PET) in the packaging sector is expected to propel the growth of the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market going forward. The packaging industry is a business that designs and manufactures packaging products. Polyethylene terephthalate (PET) contains characteristics such as clear, long-lasting, chemically inert, and lightweight, which are suitable for making polyethylene packaging products. For instance, according to the National Renewable Energy Laboratory, a US-based national laboratory, in 2021, over 82 million metric tons of polyethylene terephthalate (PET) were manufactured globally each year to make single-use beverage bottles, packaging, garments, and carpets. Therefore, the increase in demand for PET in the packaging sector drives the growth of the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market. Major players in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market are Saudi Basic Industries Corporation, BASF SE, Indorama Ventures Limited, Mitsubishi Chemical Corporation, Toray Industries Inc., Koninklijke DSM N.V., Jiangsu Sanfangxiang Group Co.Ltd., M&G Chemicals SA, DowDuPont Inc., Nan Ya Plastics Corporation, Reliance Industries Limited, Far Eastern New Century Corporation, RTP Company Inc., Kolon Plastics Inc., Celanese Corporation, and Distrupol Ltd. Product innovations are the key trend gaining popularity in the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market. Major companies operating in the market are focused on introducing new innovative products with reduced carbon footprints to gain a competitive advantage. For instance, in May 2022, SABIC, a Saudi Arabia-based chemical manufacturing company, launched LNP ELCRIN WF0061BiQ PBT resin, produced from chemically upcycled ocean-bound PET bottles. This compound has the potential to reduce CO2 emissions by up to 14% and cumulative energy demand by up to 25% when compared to glass fiber. It is a potential material for consumer electronics applications such as computer fan housings, vehicle seats, electrical connectors, and enclosures. In June 2022, Alpek, a Mexico-based producer of PET resin and PET sheet, acquired OCTAL Holding SAOC (OCTAL) for a deal amount of $ 620 million. The acquisition strengthens Alpek's global presence and improves its value-added manufacturing offers in PET sheets by adding about one million tons of PET product capacity. OCTAL Holding SAOC is a US-based producer of PET resin for the packaging industry. Asia-Pacific was the largest region in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market in 2022. North America was the second-largest region in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market. The regions covered in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market consists of sales of thermoforming and glass fiber. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market research report is one of a series of new reports from The Business Research Company that provides polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market statistics, including polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market share, detailed polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market segments, market trends and opportunities, and any further data you may need to thrive in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins industry. This polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.