The polypropylene film market is anticipated to grow at a CAGR of 8.3% during the forecast period. Polypropylene films are low-cost thermoplastics with good transparency, gloss, and tensile strength. Polypropylene films very are well suited for a broad range of applications in flexible packaging as well as industrial, cosmetic and automotive applications. Growth in the medical & pharmaceutical market across the globe will also foster the growth of the polypropylene films market. In addition to this, due to the chemical inheritance nature of the polypropylene films, these are also best suited for the food packaging application.
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Moreover, the expected increasing demand for capacitors in the electric vehicle is expected to provide significant opportunities to the polypropylene film market during the forecast period. As per OMR Analysis, the electric vehicle market industry is expected to grow at a CAGR of around 20% during the forecast period. However, the fluctuation in the prices and supply of raw materials is one of the major challenges for the polypropylene films market shares.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Polypropylene Films Market by Product Type
- Cast Polypropylene (CPP)
- Bi-Axially Oriented Polypropylene (BOPP)
Global Polypropylene Films Market by Application
- Packaging
- Capacitors
- Medical & Pharmaceutical
- Others (Cosmetic and Agriculture)
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3B Films Pvt. Ltd.
- Amcor PLC
- BASF SE
- C. Jindal Group
- Berry Global Inc.
- CCL Industries Corp.
- Copol International Ltd.
- Cosmo Films Ltd.
- LyondellBasell Industries N.V.
- Mitsui Chemicals Tohcello. Inc.
- Novolex Holdings, LLC
- Plastchim-T JSC
- Polibak Plastik Film Sanayi ve Ticaret A.?.
- S.A.
- Polyplex Corp.Ltd.
- Profol GmbH
- PT Panverta Cakrakencana
- RKW SE
- SABIC
- SRF Ltd.
- Taghleef Industries SpA
- Toray Industries, Inc.
- Treofan Group
- UFlex Ltd.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global polypropylene films market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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