A Qualitative Research Study accomplished by Data Bridge Market research's titled as "Polyethylene (PE) Foam Film Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. Polyethylene (PE) Foam Film market research report has been generated with the systematic gathering and evaluation of market information for Polyethylene (PE) Foam Film industry which is presented in a form that explains various facts and figures to the business. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. It lends a hand to companies to take decisive actions to deal with threats in niche market. A brilliant team of analysts, experts, statisticians, forecasters and economists has worked rigorously to generate this advanced and all-inclusive Polyethylene (PE) Foam Film market research report.
Global polyethylene (PE) foam film market was valued at USD 408.19 million in 2021 and is expected to reach USD 580.49 million by 2029, registering a CAGR of 4.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
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Market Definition
Polyethylene (PE) foam films serve as a barrier between objects being interleaved and protect them from scuffs and stains. Because PE foam films are tear-resistant, they are easier to utilize for packing with sharp edges. The expansion of the worldwide PE foam film market is significantly fueled by PE foam films' capacity to offer precise, secure packing with shock absorption.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 - 2019) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | Thickness (0 mm to 1 mm, 1.1 mm to 2 mm, 2.1 mm to 5 mm, Above 5 mm), End Use Industry (Construction, Automotive, Electronics, Logistics, Healthcare, Others), Sales Channel (Direct Sales, Distributors, E-Retail) |
| Countries Covered | U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa |
| Market Players Covered | Exxon Mobil Corporation (U.S.), Mitsui Chemicals Inc., (Japan), DuPont (U.S.), Solvay (Belgium), DAIKIN (Japan), Dow (U.S.), 3M (U.S.), H.B. Fuller Company (U.S.), AVERY DENNISON CORPORATION (U.S.), Sealed Air (U.S.), SABIC (Saudi Arabia), Arkema (France), LyondellBasell (Netherlands), Braskem (Brazil), TotalEnergies (France), Novamont SpA (Italy), Biome Bioplastics (U.K.), PTT Global Chemical Public Company Limited (Thailand) and KURARAY CO., LTD. (Japan) |
| Market Opportunities | Advancements and Product Development High Demand For Demand For CO-2 Based Polyols |
Polyethylene (PE) Foam Film Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Utilization across End Use Sectors
The building and construction, protective packaging, automotive, medical, and footwear sectors, as well as sports and recreation, are major users of polyethylene foams. In the building and construction sector, polyethylene foams are utilized for applications such as pipe-in-pipe, doors, roof boards, and slabs. XLPE foams are suitable for building and construction because of their superior thermal insulation, moisture resistance, and sound and vibration absorption capabilities. All types of materials must be packaged for protection and insulation. Headliners, door panels and water shields, seat liners, mirror seals, dashboard cushioning, air conditioning ducting, and trunk liners are just a few of the automobile applications for polyethylene foams. Automakers utilize polyethylene foams in their ongoing efforts to reduce vehicle weight, which tends to increase fuel efficiency and performance. The increased usage across these industries further boosts the overall market growth during the forecast period.
Furthermore, its hypoallergenic, non-toxic and latex-free properties will further propelled the growth rate of polyethylene (PE) foam film market across the medical sector. The various significant properties including flexible, glossy finish, lightweight, moisture resistance, and others will drive market value growth. The utilization of these films across the industries boost the market growth.
Opportunities
- Advancements and Product Development
The huge investments by key players towards new product development, ongoing advancements in chemistry and launching innovative products further extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
- High Demand For Demand For CO-2 Based Polyols
Additionally, the use of polyethylene foams films especially to satisfy sustainability standards has largely boosted their demand. It is anticipated that the supply of resources, such as drilling oil, will gradually decline. As CO2 is more affordable than petroleum-based raw materials, it is also anticipated that CO2-based polyols may totally replace goods made from petroleum. This factor will further expand the future growth of the polyethylene (PE) foam film market.
Restraints/Challenges
- Unstable Prices of Raw Material
The manufacturing process and the cost structure of the goods are both impacted by unstable raw material prices. The oil prices have been volatile for the past few years due to the growing demand, global turmoil, and foreign military activity in the Middle East. The shifting raw material prices has been a major restraint for the market growth.
- Increased Preference for Paper Packaging Films
The customer preference for paper packaging films in a variety of applications, including food, cosmetics and personal care, pharmaceutical, and others, has been drawn by the rise in awareness for waste management and the reduction of carbon footprints. Due to environmental regulations and restrictions, which may limit the market growth for polyethylene films, this is recognized to the usage of paper packaging films rather than polyethylene films. Therefore, this factor will largely challenge the polyethylene (PE) foam film market growth rate.
This polyethylene (PE) foam film market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the polyethylene (PE) foam film market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Additionally, the COVID-19 period's temporary suspension of infrastructure and construction projects has decreased the need for polyethylene foam films to cure concrete in place. For instance, the COVID-19 epidemic has reportedly decreased investment in India's building industry by 30%, according to a report from a research publication. The building industry now uses less polyethylene film as a result of this. The cost of polyethylene foam film was greater in Asia in 2020. The increase in price was brought on by persistent regional demand trends and limited product supply. Stronger upstream prices and strong downstream demand for polyethylene are anticipated to support the price increase. Consequently, the market suffered huge financial setback during the pandemic.
Recent Development
- In March 2021, the acquisition of FoamPartner by Recticel NV has been completed. The new company will make extensive use of resource and talent synergies to advance excellence, expand its global reach, and quicken the commercialization of cutting-edge products for international markets.
- In February 2020, the bulk of Armacell's stockholders are currently PAI Partners. Senior management at Armacell and holding and investment firm KIRKBI jointly own the remaining shares.
Some of the major players operating in the Polyethylene (PE) Foam Film market are:
- Exxon Mobil Corporation (U.S.)
- Mitsui Chemicals Inc., (Japan)
- DuPont (U.S.)
- Solvay (Belgium)
- DAIKIN (Japan)
- Dow (U.S.)
- 3M (U.S.)
- H.B. Fuller Company (U.S.)
- AVERY DENNISON CORPORATION (U.S.)
- Sealed Air (U.S.)
- SABIC (Saudi Arabia)
- Arkema (France)
- LyondellBasell (Netherlands)
- Braskem (Brazil)
- TotalEnergies (France)
- Novamont SpA (Italy)
- Biome Bioplastics (U.K.)
- PTT Global Chemical Public Company Limited (Thailand)
- KURARAY CO., LTD. (Japan)
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The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Polyethylene (PE) Foam Film market
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Polyethylene (PE) Foam Film Market
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- The market research report includes all of the market's valuable elements, such as sales growth, product pricing & analysis, growth opportunities, and recommendations for addressing market challenges
- The Polyethylene (PE) Foam Film report covers all the primary mergers & acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges
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Key Industry Segmentation: Polyethylene (PE) Foam Film Market
The polyethylene (PE) foam film market is segmented on the basis of thickness, end use industry and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Thickness
- 0 mm to 1 mm
- 1.1 mm to 2 mm
- 2.1 mm to 5 mm
- Above 5 mm
End Use Industry
- Construction
- Automotive
- Electronics
- Logistics
- Healthcare
- Others
Sales Channel
- Direct Sales
- Distributors
- E-Retail
Regional Analysis/Insights: Polyethylene (PE) Foam Film Market
The polyethylene (PE) foam film market is analyzed and market size insights and trends are provided by country, thickness, end use industry and sales channel as referenced above.
The countries covered in the polyethylene (PE) foam film market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the polyethylene (PE) foam film market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the prevalence of various number of manufacturers and increasing adoption of advanced and flexible packaging solutions within the region.
Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the growing usages of the product as well as the growth of the end use industries such as logistics, building and construction in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Polyethylene (PE) Foam Film Market: Regulations
- Market Overview
- Global Polyethylene (PE) Foam Film Market, By Variety
- Global Polyethylene (PE) Foam Film Market, By Packaging Size
- Global Polyethylene (PE) Foam Film Market, By Application
- Global Polyethylene (PE) Foam Film Market, By Distribution Channel
- Global Polyethylene (PE) Foam Film Market, By Region
- Global Polyethylene (PE) Foam Film Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-polyethylene-pe-foam-film-market
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