Industrial Films Market - Forecast(2024 - 2030)

Report Code: CMR 62653 Report Format: PDF + Excel
Industrial Films Market size is forecast to reach $58.87 billion by 2025, after growing at a CAGR of 4.35% during 2020-2025. Industrial films are polymeric materials used in various end use industries such as agriculture, industrial packaging, construction, and transportation to enhance the shelf life of goods and to prevent damage of products. With rise in the consumption of bi-axially oriented plastic films in packaging industry has escalated the demand for Industrial Films Industry.

Report Coverage

The: “Industrial Films Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Industrial Films Industry.

By Type: Linear Low Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE), Polyethylene Terephthalate/   Bi-axially Oriented Polyethylene Terephthalate (PET/BOPET), Polypropylene/ Bi-axially Oriented Polypropylene (PP/BOPP), Cast Polypropylene (CPP), Polyvinyl Chloride (PVC), Polyamide/ Bi-axially Oriented Polyamide (BOPA), Others
By End Use: Agriculture, Industrial Packaging, Construction, Medical, Transportation, Others
By Application: Coated Non-woven Products, Dry Film Adhesives, Electronic & Battery, Barrier & Breathable, Puncture Resistant Coatings/ Films
By Geography: Asia Pacific, North America, Europe, Middle East & Africa, South America, Others

Key Takeaways
  • Asia-Pacific dominates the Industrial Films Market due to increase in silage and stretch films for use in agriculture.
  • The growing popularity of NATIVIA®, a natural biodegradable film which provides flexible packaging and can replace plastics like polypropylene, polyester and polyethylene is likely to aid in the market growth of Industrial Films Market.
  • Bi-axially Oriented Polypropylene allows the production of very thinner films with superior optical, barrier and mechanical properties leading towards the growth of the Industrial Films Market.
  • Continuous use of Poison Plastic such as Polyvinyl Chloride in applications such as packaging films will create hurdles for the Industrial Films Market.

Type - Segment Analysis

The Linear Low-Density Polyethylene (LLDPE) held the largest share in the Industrial Films Market in 2019. Thinner films can be made from Linear Low-Density Polyethylene without reducing costs and abandoning strength. Globally about 80% of LLDPE is used in film applications such as multi-layer cast stretch film and food packaging. Also, Linear Low-Density Polyethylene is used in extrusion coating applications where it helps to protect the contents of liquid containers, primarily for paper and paperboard packaging.

End Use- Segment Analysis

Agriculture is the fastest growing end-user of Industrial Films Market by growing at a CAGR 3.99% during forecast period. Industrial films offer crop productivity and minimizes soil erosion leading to increase use of industrial films in the agriculture end use industry. The crops can also be protected from various climatic conditions using industrial films. In the last few years there has been a significant increase of films in agriculture which includes the greenhouse films, mulch films and silage & stretch films. Moreover, ongoing climatic changes, decreasing arable land across the globe and rising demand for food due to continuously increasing global population are the factors that are driving the demand for industrial films in the agriculture end-use industry.

Application - Segment Analysis

Barrier &breathable properties along with a wide range of end use applications are offered by Polymer coatings. Co-extrusion capabilities is used in Simple single-layer functional coating conventional substrate such as aluminum foils and metalized polyester to add barrier or functionality. Polyethylene films and laminates are used as barrier films in products such as baby diapers, incontinence diapers and surgical drapes in hygiene industry. Barrier film is soft, drape able, comfortable and safe. Also, itis breathable and reduces risk of skin irritations.

Geography- Segment Analysis

APAC holds the largest market share with a 56.28% in 2019, for Industrial Films Market, followed by North America and Europe. Packaging films made of plastic are generally cheaper for its light weight. Packaging films increases the shelf life of the products for longer duration. These are mainly preferred by consumers in various industry such as medical, construction and industrial packaging industries owing to its aesthetic appeal. In APAC region. China, India and Japan are the largest producer as well as the consumer of Industrial Films Market in the Asia Pacific region. Covid-19 pandemic affected the packaging industry considerably. Since, self-isolation policy has resulted in shortages of supplies and cancelations of events, supply chains are looking to shift away from China after delays in trade and distribution.

North America is the second-largest producer of Industrial Films Market led by US. The increasing use of Industrial films in medical industry for packaging of drugs in this region has anticipated the boost in the Industrial Films Market.

Drivers – Industrial Films Market

Growth of the Bio-degradable films

Bio-degradable films are prepared using polysaccharide and lipid materials. An increasing interest in the use of biodegradable films in packaging materials acts as an alternative solution to the environmental problems caused by the accumulation of non-degradable plastic packaging containers. Hence, considering the impact of plastic packaging towards the environment efforts has been made to develop edible films from biopolymers to produce an environmentally friendly packaging alternative to synthetic plastic packaging films.

Increasing demand of Bi-Axially Oriented Polypropylene Films (BOPP)

Bi-Axially Oriented Polypropylene Films has excellent clarity and high transparency that gives it a fine look and excellent finish. Bi-Axially Oriented Polypropylene (BOPP) acts as a good moisture resistant barrier and can resist to harmful chemicals and pollution. Also, it produces less damage to the products due to transportation and weather conditions as compared to other industrial films. 

Challenges –Industrial Films Market

Accomplishment of Stringent Environment Regulations

Polyvinyl Chloride is the third largest common type of plastic which is environmental damaging and is widely used in packaging films. PVC has been labeled as the poison plastic by Greenpeace Organization. According to the World Health Organization (WHO), Polyvinyl Chloride releases a high toxic chemical called Dioxin when it ends up in landfills and harms the marine life. The production of Polyvinyl Chloride is highly demanding and it produces a huge amount of chemical pollutants.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Industrial Films Market. In 2020, the market of Industrial Films has been consolidated by the top five players accounting for xx% of the share. Major players in the Industrial Films Market are 3M, Cosmo Films, Dunmore Corporation DuPont, DuPont Teijin Films, Eastman, Inteplast Group., Jindal Poly Films, Kolon Industries,Bemis Company Inc., Mitsubishi Chemical Holdings Corporation, Mitsui Chemicals Tohcello, Polyplex, Raven Industries, RKW SE, Rogers Corporation, Sigma Plastics Group, Solvay, The Chemours Company, Toyobo, Treofan Group, Trioplast Industrier AB, among others.

Acquisitions/Technology Launches
  • In September 2019, Bemis Company Inc., opened a new center in Amcor, in New Albany, Ohio. In order to increase the global expansion of packaging innovation.
1. Industrial Films - Market Overview
    1.1. Definitions and Scope
2. Industrial Films Market - Executive Summary
    2.1. Market Revenue, Market Size and Key Trends by Company
    2.2. Key Trends by Type
    2.3. Key Trends by Application
    2.4. Key Trends by End Use
    2.5. Key Trends by Geography
3. Industrial Films Market- Landscape
    3.1. Comparative analysis
        3.1.1. Market Share Analysis- Top Companies
        3.1.2. Product Benchmarking- Top Companies
        3.1.3. Top 5 Financials Analysis
        3.1.4. Patent Analysis- Top Companies
        3.1.5. Pricing Analysis
4. Industrial Films Market - Startup companies Scenario Premium (Premium)
    4.1. Top startup company Analysis by
        4.1.1. Investment
        4.1.2. Revenue
        4.1.3. Market Shares
        4.1.4. Market Size and Application Analysis
        4.1.5. Venture Capital and Funding Scenario
5. Industrial Films Market – Industry Market Entry Scenario Premium (Premium)  
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing business index
    5.3. Case studies of successful ventures
    5.4. Customer Analysis - Top companies
6. Industrial Films Market - Market Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Market Opportunities
    6.4. Porters five force model
        6.4.1. Bargaining power of suppliers
        6.4.2. Bargaining powers of customers
        6.4.3. Threat of new entrants
        6.4.4. Rivalry among existing players
        6.4.5. Threat of substitutes 
7. Industrial Films Market -Strategic analysis
    7.1. Value chain analysis
    7.2. Opportunities analysis
    7.3. Market life cycle
    7.4. Suppliers and distributors Analysis
8. Industrial Films Market - By Type (Market Size -$Million, KT)
    8.1. Acrylic Film
    8.2. Adhesive Film
    8.3. Linear Low Density Polyethylene (LLDPE)
    8.4. Low-Density Polyethylene (LDPE)
    8.5. High-Density Polyethylene (HDPE)
    8.6. Medium Density Polyethylene Film ( MDPE)
    8.7. Matte Coating
    8.8. Metallized Film
    8.9. Non-Woven Film
    8.10. Oriented Polypropylene Film (OPP)
    8.11. Polyethylene Terephthalate Film (PET)
    8.12. Polymethyl Methacrylate Film (PMMA)
    8.13. Polyester Film
    8.14. Polyethylene Terephthalate/Bi-axially Oriented Polyethylene Terephthalate (PET/BOPET)
    8.15. Polypropylene/ Bi-axially Oriented Polypropylene (PP/BOPP)
    8.16. Cast Polypropylene (CPP
    8.17. Polyvinyl Chloride (PVC)
    8.18. Silicone Polyester Film
    8.19. Silicone Release Film
    8.20. Polyamide/ Bi-axially Oriented Polyamide (BOPA)
    8.21. Thermal Laminating Film
    8.22. Tyvek
    8.23. Others
9. Industrial Films Market - By Application (Market Size -$Million, KT)
    9.1. Coated Non-woven Products
    9.2. Dry Film Adhesives
    9.3. Electronic & Battery
    9.4. Barrier & Breathable
    9.5. Puncture Resistant Coatings/ Films
10. Industrial Films Market – By End User (Market Size -$Million, KT)
    10.1. Agriculture Industry
    10.2. Industrial Packaging
    10.3. Construction Industry
    10.4. Medical Industry
    10.5. Transportation Industry
    10.6. Others
11. Industrial Films Market - By Geography (Market Size -$Million,KT)
    11.1. North America
        11.1.1.U.S.
        11.1.2.Canada
        11.1.3.Mexico
    11.2.South America
        11.2.1.Brazil
        11.2.2.Argentina
        11.2.3.Colombia
        11.2.4.Chile
        11.2.5.Rest of South America
    11.3.Europe
        11.3.1.U.K
        11.3.2. Germany
        11.3.3. Italy
        11.3.4. France
        11.3.5. Russia
        11.3.6. Rest of Europe
    11.4. Asia Pacific
        11.4.1. China
        11.4.2. India
        11.4.3. Japan
        11.4.4. South Korea
        11.4.5. Rest of Asia Pacific
    11.5. RoW
        11.5.1. Middle East
        11.5.2. Africa
12. Industrial Films Market - Entropy
    12.1. New Product Launches
    12.2.M&A’s, Collaborations, JVs and Partnerships
13. Market Share Analysis (Premium)
    13.1. Market Share by Country- Top companies
    13.2. Market Share by Region- Top companies
    13.3. Market Share by type of Product / Product category- Top companies
    13.4. Market Share at global level- Top companies
    13.5. Best Practices for companies
14. Industrial Films Market - List of Key Companies by Country (Premium)  
15. Industrial Films -Market Company Analysis
    15.1. Market Share, Company Revenue, Products, M&A, Developments
    15.2. Company 1
    15.3. Company 2
    15.4. Company 3
    15.5. Company 4
    15.6. Company 5
    15.7. Company 6
    15.8. Company 7
    15.9. Company 8
    15.10. Company 9
    15.11. Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Industrial Films Market By Film Type Market 2023-2030 ($M)
1.1 Industrial Films Market By Film Type Market 2023-2030 ($M) - Global Industry Research
1.2 PET/BOPET Market 2023-2030 ($M) - Global Industry Research
1.3 PP/BOPP Market 2023-2030 ($M) - Global Industry Research
1.4 CPP Market 2023-2030 ($M) - Global Industry Research
1.5 PVC Market 2023-2030 ($M) - Global Industry Research
1.6 Polyamide/BOPA Market 2023-2030 ($M) - Global Industry Research
2.Global Industrial Films Market By End-Use Industry Market 2023-2030 ($M)
2.1 Industrial Films Market By End-Use Industry Market 2023-2030 ($M) - Global Industry Research
2.2 Agriculture Market 2023-2030 ($M) - Global Industry Research
2.3 Industrial Packaging Market 2023-2030 ($M) - Global Industry Research
2.4 Construction Market 2023-2030 ($M) - Global Industry Research
2.5 Medical Market 2023-2030 ($M) - Global Industry Research
2.6 Transportation Market 2023-2030 ($M) - Global Industry Research
3.Global Industrial Films Market By Film Type Market 2023-2030 (Volume/Units)
3.1 Industrial Films Market By Film Type Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 PET/BOPET Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 PP/BOPP Market 2023-2030 (Volume/Units) - Global Industry Research
3.4 CPP Market 2023-2030 (Volume/Units) - Global Industry Research
3.5 PVC Market 2023-2030 (Volume/Units) - Global Industry Research
3.6 Polyamide/BOPA Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Industrial Films Market By End-Use Industry Market 2023-2030 (Volume/Units)
4.1 Industrial Films Market By End-Use Industry Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Agriculture Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Industrial Packaging Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Construction Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Medical Market 2023-2030 (Volume/Units) - Global Industry Research
4.6 Transportation Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Industrial Films Market By Film Type Market 2023-2030 ($M)
5.1 Industrial Films Market By Film Type Market 2023-2030 ($M) - Regional Industry Research
5.2 PET/BOPET Market 2023-2030 ($M) - Regional Industry Research
5.3 PP/BOPP Market 2023-2030 ($M) - Regional Industry Research
5.4 CPP Market 2023-2030 ($M) - Regional Industry Research
5.5 PVC Market 2023-2030 ($M) - Regional Industry Research
5.6 Polyamide/BOPA Market 2023-2030 ($M) - Regional Industry Research
6.North America Industrial Films Market By End-Use Industry Market 2023-2030 ($M)
6.1 Industrial Films Market By End-Use Industry Market 2023-2030 ($M) - Regional Industry Research
6.2 Agriculture Market 2023-2030 ($M) - Regional Industry Research
6.3 Industrial Packaging Market 2023-2030 ($M) - Regional Industry Research
6.4 Construction Market 2023-2030 ($M) - Regional Industry Research
6.5 Medical Market 2023-2030 ($M) - Regional Industry Research
6.6 Transportation Market 2023-2030 ($M) - Regional Industry Research
7.South America Industrial Films Market By Film Type Market 2023-2030 ($M)
7.1 Industrial Films Market By Film Type Market 2023-2030 ($M) - Regional Industry Research
7.2 PET/BOPET Market 2023-2030 ($M) - Regional Industry Research
7.3 PP/BOPP Market 2023-2030 ($M) - Regional Industry Research
7.4 CPP Market 2023-2030 ($M) - Regional Industry Research
7.5 PVC Market 2023-2030 ($M) - Regional Industry Research
7.6 Polyamide/BOPA Market 2023-2030 ($M) - Regional Industry Research
8.South America Industrial Films Market By End-Use Industry Market 2023-2030 ($M)
8.1 Industrial Films Market By End-Use Industry Market 2023-2030 ($M) - Regional Industry Research
8.2 Agriculture Market 2023-2030 ($M) - Regional Industry Research
8.3 Industrial Packaging Market 2023-2030 ($M) - Regional Industry Research
8.4 Construction Market 2023-2030 ($M) - Regional Industry Research
8.5 Medical Market 2023-2030 ($M) - Regional Industry Research
8.6 Transportation Market 2023-2030 ($M) - Regional Industry Research
9.Europe Industrial Films Market By Film Type Market 2023-2030 ($M)
9.1 Industrial Films Market By Film Type Market 2023-2030 ($M) - Regional Industry Research
9.2 PET/BOPET Market 2023-2030 ($M) - Regional Industry Research
9.3 PP/BOPP Market 2023-2030 ($M) - Regional Industry Research
9.4 CPP Market 2023-2030 ($M) - Regional Industry Research
9.5 PVC Market 2023-2030 ($M) - Regional Industry Research
9.6 Polyamide/BOPA Market 2023-2030 ($M) - Regional Industry Research
10.Europe Industrial Films Market By End-Use Industry Market 2023-2030 ($M)
10.1 Industrial Films Market By End-Use Industry Market 2023-2030 ($M) - Regional Industry Research
10.2 Agriculture Market 2023-2030 ($M) - Regional Industry Research
10.3 Industrial Packaging Market 2023-2030 ($M) - Regional Industry Research
10.4 Construction Market 2023-2030 ($M) - Regional Industry Research
10.5 Medical Market 2023-2030 ($M) - Regional Industry Research
10.6 Transportation Market 2023-2030 ($M) - Regional Industry Research
11.APAC Industrial Films Market By Film Type Market 2023-2030 ($M)
11.1 Industrial Films Market By Film Type Market 2023-2030 ($M) - Regional Industry Research
11.2 PET/BOPET Market 2023-2030 ($M) - Regional Industry Research
11.3 PP/BOPP Market 2023-2030 ($M) - Regional Industry Research
11.4 CPP Market 2023-2030 ($M) - Regional Industry Research
11.5 PVC Market 2023-2030 ($M) - Regional Industry Research
11.6 Polyamide/BOPA Market 2023-2030 ($M) - Regional Industry Research
12.APAC Industrial Films Market By End-Use Industry Market 2023-2030 ($M)
12.1 Industrial Films Market By End-Use Industry Market 2023-2030 ($M) - Regional Industry Research
12.2 Agriculture Market 2023-2030 ($M) - Regional Industry Research
12.3 Industrial Packaging Market 2023-2030 ($M) - Regional Industry Research
12.4 Construction Market 2023-2030 ($M) - Regional Industry Research
12.5 Medical Market 2023-2030 ($M) - Regional Industry Research
12.6 Transportation Market 2023-2030 ($M) - Regional Industry Research
13.MENA Industrial Films Market By Film Type Market 2023-2030 ($M)
13.1 Industrial Films Market By Film Type Market 2023-2030 ($M) - Regional Industry Research
13.2 PET/BOPET Market 2023-2030 ($M) - Regional Industry Research
13.3 PP/BOPP Market 2023-2030 ($M) - Regional Industry Research
13.4 CPP Market 2023-2030 ($M) - Regional Industry Research
13.5 PVC Market 2023-2030 ($M) - Regional Industry Research
13.6 Polyamide/BOPA Market 2023-2030 ($M) - Regional Industry Research
14.MENA Industrial Films Market By End-Use Industry Market 2023-2030 ($M)
14.1 Industrial Films Market By End-Use Industry Market 2023-2030 ($M) - Regional Industry Research
14.2 Agriculture Market 2023-2030 ($M) - Regional Industry Research
14.3 Industrial Packaging Market 2023-2030 ($M) - Regional Industry Research
14.4 Construction Market 2023-2030 ($M) - Regional Industry Research
14.5 Medical Market 2023-2030 ($M) - Regional Industry Research
14.6 Transportation Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Industrial Films Market Revenue, 2023-2030 ($M)
2.Canada Industrial Films Market Revenue, 2023-2030 ($M)
3.Mexico Industrial Films Market Revenue, 2023-2030 ($M)
4.Brazil Industrial Films Market Revenue, 2023-2030 ($M)
5.Argentina Industrial Films Market Revenue, 2023-2030 ($M)
6.Peru Industrial Films Market Revenue, 2023-2030 ($M)
7.Colombia Industrial Films Market Revenue, 2023-2030 ($M)
8.Chile Industrial Films Market Revenue, 2023-2030 ($M)
9.Rest of South America Industrial Films Market Revenue, 2023-2030 ($M)
10.UK Industrial Films Market Revenue, 2023-2030 ($M)
11.Germany Industrial Films Market Revenue, 2023-2030 ($M)
12.France Industrial Films Market Revenue, 2023-2030 ($M)
13.Italy Industrial Films Market Revenue, 2023-2030 ($M)
14.Spain Industrial Films Market Revenue, 2023-2030 ($M)
15.Rest of Europe Industrial Films Market Revenue, 2023-2030 ($M)
16.China Industrial Films Market Revenue, 2023-2030 ($M)
17.India Industrial Films Market Revenue, 2023-2030 ($M)
18.Japan Industrial Films Market Revenue, 2023-2030 ($M)
19.South Korea Industrial Films Market Revenue, 2023-2030 ($M)
20.South Africa Industrial Films Market Revenue, 2023-2030 ($M)
21.North America Industrial Films By Application
22.South America Industrial Films By Application
23.Europe Industrial Films By Application
24.APAC Industrial Films By Application
25.MENA Industrial Films By Application
26.Saint-Gobain, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Toray, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Eastman, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.RKW SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.3M, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Mitsubishi Chemical Holdings Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Dupont Teijin Films, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Dupont, Sales /Revenue, 2015-2018 ($Mn/$Bn)