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Opportunities for the global polyolefin (POF) film market to reach $125 billion by 2024

Publish Date: 13-08-2019 15:22:18 | Contact name: Lucintel LLC | Location: USA | Place: Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019 | 1 times displayed |

According to a new market report published by Lucintel, the
future of the polyolefin (POF) film market looks promising with opportunities
in the packaging, construction, and agriculture industries. The global
polyolefin (POF) film market is expected to reach an estimated $125 billion by
2024 with a CAGR of 4.2% from 2019 to 2024. The major drivers for this market
are increasing demand for packaged food in emerging nations and growth in
oriented film.



In this market, LLDPE (linear low-density polyethylene),
LDPE (low-density polyethylene), HDPE (high-density polyethylene), BOPP
(bi-axially oriented polypropylene), and CPP (cast polypropylene) films are
used in packaging and other applications. Lucintel forecasts that the LLDPE
film will remain the largest segment due to its superior properties, which
include high flexibility, higher tensile strength, and a high moisture barrier.
The BOPP film is expected to witness the highest growth over the forecast
period due to increasing demand in the food packaging industry specifically in
tobacco packaging.



Within the polyolefin film market, packaging will remain the
largest end use industry and it is also expected to witness the highest growth
over the forecast period due to the increasing demand in food and pharma
packaging applications.



Asia Pacific will remain the largest region by value and
volume and it is also expected to witness the highest growth over the forecast
period because of easy availability of raw materials at economical price and
skilled labors. Also, growth in food packaging market and
construction activities are also expected to increase the demand for polyolefin
film.



Emerging trends, which have a direct impact on the dynamics
of the polyolefin (POF) film industry, include bio-based polyolefin film and
development of nano-clay based polyolefin film. Jindal Poly Films, Mitsui
Chemicals Tocello, Toray, Berry Plastics C, Toyobo, and Amcor Flexible are among
the major manufacturers of polyolefin film.



Lucintel, a leading global
strategic consulting and market research firm, has analyzed growth
opportunities in the global polyolefin (POF) film market by polymer,
technology, film type, end use industry, and region. Lucintel has
prepared a comprehensive research report entitled “Growth Opportunities in the Global Polyolefin (POF) Film Market
2019-2024: Trends, Forecast, and Opportunity Analysis
.” The
Lucintel report serves as a catalyst for growth strategy as it provides
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the global polyolefin (POF) film market by
polymer, technology, film type, end use industry, and region as follows:



By
End Use Industry [Volume (million tons) and $M shipment analysis for 2013 –
2024]:





  • Packaging





− Food Packaging



− Other Packaging





  • Construction


  • Agricultural


  • Others







By
Polymer Type [Volume (million tons) and $M shipment analysis for 2013 – 2024]:




  • Polyethylene (PE)



− LLDPE
(Linear Low-Density Polyethylene)



− LDPE
(Low-Density Polyethylene)



− HDPE
(High-Density Polyethylene)




  • Polypropylene (PP)



− BOPP
(Bi-axially Oriented Polypropylene)



− CPP
(Cast Polypropylene)





By
Technology [Volume (million tons) and $M shipment analysis for 2013 – 2024]:





  • Blown film extrusion


  • Cast film extrusion


  • Others







By
Film Type [Volume (million tons) and $M shipment analysis for 2013 – 2024]:





  • Shrink Film


  • Stretch Film


  • Linear & Others







By
Region [Volume (million tons) and $M shipment analysis for 2013 – 2024]:



· North
America



− US



− Canada



− Mexico



· Europe



− Russia



− Germany



− United
Kingdom



− France



· Asia
Pacific



− China



− India



− Japan



· The
Rest of the World



This 190-page research report will enable you to make
confident business decisions in this globally competitive marketplace. For a
detailed table of contents, contact Lucintel at +1-972-636-5056 or
helpdesk@lucintel.com. Lucintel offerings include chemical market research reports, chemical industry analysis report, commercial
due diligence report
, business strategy consulting and market research reports online.





About
Lucintel



Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. We offer market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision makers in a variety of industries. For
further information, visit www.lucintel.com.



This report answers following 11 key
questions:





Q.1 What are some of the most
promising potential, high-growth opportunities for the global electric
polyolefin film market by material (HDPE, LDPE, LLDPE, BOPP, CPP), technology
(blown film extrusion, cast film extrusion, and others) film type (shrink,
stretch, and linear film), end use industry (packaging, construction,
agricultural, and others), and by region (North America, Europe, Asia Pacific,
and the Rest of the World)?



Q. 2 Which segments will grow at a
faster pace and why?



Q.3 Which regions will grow at a
faster pace and why?



Q.4 What are the key factors
affecting market dynamics? What are the drivers and challenges of the market?



Q.5 What are the business risks and
threats to the market?



Q.6 What are emerging trends in this
market and the reasons behind them?



Q.7 What are some changing demands
of customers in the market?



Q.8 What are the new developments in
the market? Which companies are leading these developments?



Q.9 Who are the major players in
this market? What strategic initiatives are being implemented by key players
for business growth?



Q.10 What are some of the
competitive products and processes in this area and how big of a threat do they
pose for loss of market share via material or product substitution?



Q.11 What M & A activities have
taken place in the last 5 years in this market?





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