Market Synopsis:
The growth of Industrial Films Market can be attributed to the growing consumption in the end user industries such as agriculture, transportation, industrial packaging, medical and others. The growing industrialization, and urbanization in the developing regions throughout the globe is expected to boost the market during the forecast years. The global market of industrial films is a lucrative one and is expected to expand at an encouraging CAGR during the forecast years. The excellent heat resistance, tensile strength, and chemical stability of industrial films makes it ideal for the packaging of various food, pharmaceutical and electronics which is a major factor driving the market positively.
Among the various product segments in industrial films market, the linear low-density polyethylene segment is the leading segment of the market and is anticipated to continue its dominance over the forecast period. This growth is attributed to the increased demand of LLDPE owing to its excellent properties such as tensile strength, excellent relative transparency, impact strength, and puncture resistance among others. They are extensively used in bags, shipping sacks, liners, candy wrap, and envelope films among others. The polypropylene/bi-axially oriented polypropylene (PP/BOPP) is anticipated to be the fastest growing segment owing to its growing use in the packaging, printing and lamination among others. Properties such as lightweight, clarity, and ultra violet resistance is attributed to the growth of the segment.

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Regional Analysis:
The global Industrial Films Market is spanned across Five Key Regions namely: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance during the forecast period. The developing end user industries in the region such as construction and automotive is expected to fuel the market growth. Moreover, the favorable government regulation has resulted in the shifting of manufacturing base in the Asia Pacific which has further propelled the market growth. The major countries attributing to growth of Industrial Films in this region are India, China and Japan.

Market Categorization:
The global Industrial Films Market is segmented into product type and end user industry. On the basis of the product type, the market is segregated into 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), and others. The market by the end-user industry is further categorized into transportation, construction, industrial packaging, agriculture, medical, and others.

Key Global Players:
Some of the prominent players operating in the global industrial films market are, 3M (U.S.), DuPont Teijin Films (U.S.), SKC Co. Ltd. (South Korea), Toray Industries Inc. (Japan), Berry Global Inc. (U.S.), Saint-Gobain (France), Eastman Chemical Company (U.S), Mitsubishi Chemical Corporation (Japan), and RKW SE (Germany)

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