Lucintel’s latest market report analyzed that polyolefin film provides attractive opportunities in the packaging, construction, and agriculture industries. The polyolefin film market is expected to reach $122.7 billion by 2027 with a CAGR of 5%. In this market, LLDPE (Linear Low-Density Polyethylene) is the largest segment by material, whereas packaging is largest by end use industry. The bio-based polyolefin films and development of nano-clay based polyolefin films provides strategic growth path in this market.
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Based on material, the polyolefin film market is segmented into HDPE, LDPE, LLDPE, BOPP, and CPP. The LLDPE (Linear Low-Density Polyethylene) segment is accounted for the largest share of the market in 2021 due to its superior properties such as high flexibility, higher tensile strength, and high moisture barrier and BOPP is expected to register the highest CAGR during the forecast period due to increasing demand in food packaging industry specifically in tobacco packaging.
Browse in-depth TOC on “Polyolefin Film Market”
102 – Tables
132 – Figures
190 – Pages
The polyolefin film market is marked by the presence of several big and small players. Some of the prominent players offering polyolefin film include Jindal Poly Films, Mitsui Chemicals Tocello, Toray, Berry Plastics C, Toyobo, and Amcor Flexible.
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