The water soluble films market size is projected to reach USD 476 million by 2025 from USD 364 million in 2020, at a CAGR of 5.5%. growing demand for convenience food items is expected to support the growth of the water soluble films market. However, higher cost of water soluble films is restraining the growth of the market. On the other hand, edible water soluble films has created opportunities for manufacturers.
Kuraray Co. Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), Sekisui Chemical Corporation (Japan), Aicello Corporation (Japan), and Arrow Greentech Ltd. (India) are the major players in this market.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=31753669
Kuraray Co. Ltd. is one of the the largest players in the water soluble films market. It has a strong brand name in the industry. Kuraray Co. Ltd. is a Japan-based chemical fiber company founded for the purpose of commercializing synthetic rayon. It later expanded its business into high-performance fibers, resins, and chemicals. It offers different products & services through six reportable business segments.
- Recently, in July 2020, new production facility in Lebanon, Indiana (US) has been inaugurated. The company now has four factories in Indiana, including one in LaPorte and two in Portage
- In November 2019, division, MonoSol, announced its further expansion into the European market with the addition of its new manufacturing facility in Poland for manufacturing polyvinyl alcohol (PVA) water-soluble films. The plant will be located at Ujazd, part of the Katowice Special Economic Zone.
Mitsubishi Chemicals Corporation is a Japan-based global player who manufactures chemical products. It is a major player in the production and selling of water soluble PVOH film. It operates under five business segments, namely, chemicals, performance products, industrial gases, health care, and others.
- In October 2018, Nippon Synthetic Chemical Industry Co., Ltd. merged with Mitsubishi Chemical Corporation. The merger is to expand the profits of the existing businesses and drive further growth of the associated businesses of Mitsubishi Chemical Corporation. Nippon Synthetic Chemical Industry Co., Ltd. was a wholly-owned subsidiary of Mitsubishi Chemical Corporation that sold synthetic resin products
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=31753669
Sekisui Chemical Co., Ltd. manufactures high-performance plastics for medical, automotive, information technology, and residential housing construction. The company operates through various business segments, namely, housing, urban infrastructure & environmental products, high-performance plastics, medical business, and others.
Read Our Trending Press Release Below:
Bag-in-Box Market– Global Forecast to 2025
Corrugated Bulk Bins Market – Global Forecast to 2025
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/water-soluble-film-market-31753669.html