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Poly-Vinylidene Dichloride (PVDC) Coated Films Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2026

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Omkar Ranade
Poly-Vinylidene Dichloride (PVDC) Coated Films Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2026

The Global Poly-Vinylidene Dichloride (PVDC) market is forecast to reach USD 2.37 Billion by 2026, according to a new report by Reports and Data. The high barrier feature of PVDC coating enables it to be used for the packaging of perishable food products to reduce the wastage across the value chain and improve the shelf life of the product. PVDC coated films are generally used for packaging food, cosmetics, personal products, and pharmaceuticals.

Poly-Vinylidene Dichloride (PVDC) Coated Films Market Size – USD 1.46 Billion in 2018, Market Growth - CAGR of 6.1%, Market Trends – Growing demand from the food packaging industry.

Growth of the packaging industry drives the market for PVDC coated films. Increasing use of food packaging such as pouches, lidding film, wraps, and laminates is expected to propel the demand from the market. The rise in the packaging of poultry, meat, and seafood is driving the market, especially in MEA countries.

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Further key findings from the report suggest

  • Polypropylene (PP) held the largest market share of 41.6% in the year 2018. PP is tough and rigid, crystalline thermoplastic produced from propene monomers. It is also one of the most cost-effective plastics as compared to others.
  • Asia Pacific is forecasted to grow with the highest CAGR of 7.7% during the forecast period. Countries such as India, China, and Japan are the fastest-growing economies contributing heavily towards the growth of the PVDC coated films market. Presence of companies such as Jindal Poly Films Limited, Cosmo Films Limited, and Toray Industries is expected to increase the applications of the films in healthcare, food & beverage, and other industries.
  • North America held a market share of 31.5% in the year 2018. The U.S. is the major contributor to the market. The Food and Drug Administration (FDA) regulated the safety of food-contact packaging, and the PVDC is strictly suited to meet the stringent standards and requirements. The ability of these packaging to not react with the goods inside is propelling the growth of the market in the region.
  • Key participants SKC, Inc., Innovia Films, Polinas, Treofan Germany GmbH & Co. Kg, Vibac Group S.P.A., Transcendia Inc., Perlen Packaging, Vacmet India Ltd., Interni Film, and Pt Trias Sentosa, among others.

For the purpose of this report, Reports and Data have segmented into the global PVDC Coated Films market on the basis of film type, coating side, application, end-use industry, and region:

Films Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

  • PP
  • PET
  • PVC

Coating Side Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

  • Single
  • Double

Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

  • Packaging
  • Lamination
  • Labeling
  • Others

End-Use Industry Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

  • Health and Personal Care
  • Food & Beverage
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

  • North America
    • U.S.
  • Europe
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • MEA
  • Latin America
    • Brazil

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/poly-vinylidene-dichloride-pvdc-coated-films-market

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