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Polyester is a monomer which is used in the manufacturing of polyester films, also known as polyethene terephthalate film. Polyester films are extensively used for packaging in various industries. Polyester films find widespread packaging applications due to benefits like durability, heat resistance, oxygen barrier, UV protection, and water barrier. These films can also be recycled and reused. Polyester films are experiencing high demand for food packaging applications; as they not only add an aesthetic appeal to the food products, but also fulfils branding purpose. The global polyester film market size was valued at USD 5.22 billion in 2019 and is forecast to exceed USD 9.92 Billion in terms of annual remunerations by 2027.
The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Polyester Film market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Polyester Film business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.
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Polyester films have excellent thermal stability as well as printability and are preferred for Branding which has high demand throughout the globe. Brands use polyester films for packaging purposes due to its high tensile strength and transparency. Polyester films have a wide range of applications in industries, including food & beverage, cosmetics, medicines etc.
The demand for polyester films is expected to grow as the need for convenience packaging is increasing. The increase of global trade plays a vital role in the growth of polyester films as the packaging is necessary for this process. The growth of global polyester films market share is expected to be further stimulated by an increasing demand for e-commerce.
The global polyester films market size is segmented among North America, Latin America, Eastern Europe, Western Europe, Asia Pacific (excluding Japan), Middle East, Africa and Japan. North America polyester films market is expected to grow at a notable CAGR of 6.7% during the forecasted period. Changing consumer eating preferences and increased demand for polyester films for packaging and other applications will foster regional industry growth through 2027.
The global Polyester Film market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Polyester Film market are listed below:
Mitsubishi Polyester Films Inc., Polyplex Corporation, Toyobo Co. Ltd., Kolon Industries, HuanYuan Plastic Film Co. Ltd., Ester Industries Ltd., Sumilon Polyester Ltd., Toray Plastics, Cosmo Films Ltd., and Impak Films USA, among others.
Product Type Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
< 15 microns Polyester Films
15-30 microns Polyester Films
30-60 microns Polyester Films
> 60 microns Polyester Films
Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
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Table Of Contents:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Polyester Film Segmentation & Impact Analysis
Chapter 5. Polyester Film Market By Product Type Insights & Trends
Chapter 6. Polyester Film Market By Application Insights & Trends
Chapter 7. Polyester Film Market By Industry Vertical Insights & Trends
Chapter 8. Polyester Film Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
10.1. Mitsubishi Polyester Films Inc.
10.2. Polyplex Corporation
10.3. Toyobo Co. Ltd.
10.4. Kolon Inustries
10.5. HuanYuan Plastic Film Co. Ltd.
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Keywords: Polyester Film Market, Polyester Film Industry, Polyester Film Market size, Polyester Film Market share, Polyester Film Market trend, Polyester Film Market forecast, Polyester Film Market growth, Polyester Film Market 2020, Polyester Film Market COVID-19 Impact Analysis Report