Polyethylene (PE) Cling Film market report deals with copious of important market related aspects which are; market size estimations, company and market best practices, entry level strategies, market dynamics, positioning, segmentations, competitive landscaping and benchmarking, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, and in-depth benchmarking of vendor offerings. This industry analysis report is a window to the industry which describes what market definition, classifications, applications, engagements and market trends are. An excellent Polyethylene (PE) Cling Film market research report provides the best professional in-depth study on the current state for the Materials & Packaging industry.
Data Bridge Market Research analyses that the polyethylene (PE) cling film market was valued at 374.85 million in 2021 and is expected to reach USD 648.89 million by 2029, registering a CAGR of 7.10 % during the forecast period of 2022 to 2029.
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Market Overview:
Polyethylene is a thermoplastic which possesses several properties such as toughness, easy to seal, flexibility, strength and resistant to moisture. It is a plastic which has made from complex polymers and leads to a transparent, rigid, inflammable, fireproof and opaque product. Polyethylene cling film is also known as plastic wrap, food wrap, saran wrap, and stretch film. It is a thin transparent plastic film which sticks to surfaces and to itself. This film is mainly used to wrap food in containers. Cling PE films are high-quality food wrap films which keep food fresh and protect from microbiological contamination to reduce the risk of food waste by prolonging its shelf life.
COVID-19 Impact on Polyethylene (PE) Cling Film Market
The outbreak of COVID-19 pandemic has negatively affected subsequently shrinking the GDP and the global economy thus, changing the consumer spending patterns globally. The major end users of polyethylene cling films such as packaging, automotive, food and beverages, construction, and transportation have been negatively impacted due to the ongoing pandemic outbreak. The ongoing health crisis has augmented the gap between supply and demand chains which is hampering the global polyethylene cling film supply chain. Moreover, the temporary shutdown of infrastructure and construction activities amid the COVID-19 period which has decrease he consumption of polyethylene cling films for curing of concrete from the ground.
Global Polyethylene (PE Cling Film Market Scope
The polyethylene (PE) cling film market is segmented on the basis of type, technology, material, thickness and end-user. 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.
Type
· Stretch Films
· Shrink Films
· Technology
· Blow Film Extrusion
· Cast Film Extrusion
Material
· Low-density Polyethylene (LDPE)
· High-density Polyethylene (HDPE)
Some of the major players operating in the polyethylene (PE) cling film market are:
· 3M (U.S.)
· Anchor Packaging LLC, (U.S.)
· Berry Global Inc., (U.S.)
· CeDo Ltd., (U.K.)
· Dow. (U.S.)
· Harwal Group of Companies, (UAE)
· Intertape Polymer Group, (Canada)
· Jindal Poly (India)
· Klöckner Pentaplast, (Germany)
· Mitsubishi Chemical Corporation, (Japan)
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