Polyaryletherketone Market Outlook On The Basis Of Type, Application, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 19 Dec 2023: The Report Polyaryletherketone (PAEK) Market Size, Share & Trends Analysis Report By Type (PEK, PEEK, PEKK), By Application (Automotive, Aerospace, Electricals & Electronics), By Region, And Segment Forecasts, 2020 – 2026

The global polytetrafluoroethylene market size is expected to reach USD 1.42 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.1% over the forecast period. Rising demand for polytetrafluoroethylene (PAEK) can be attributed to its superior properties including low permeability, outstanding chemical resistance, good energy radiation resistance, and high electrical strength.

Consumption of polyether ketone ketone (PEKK) has been on a rise owing to its various properties such as inherent flame retardancy, compressive strength, and wear and creep resistance. This is expected to increase its demand in dental tools, body implants, and drug delivery components in medical applications.

The medical application segment accounted for 9.4% of the overall revenue in 2018 and is expected to witness strong growth on account of high usage of polyether ether ketone (PEEK) in the spinal area, anterior cervical corpectomy and fusion, rotator cuffs, shoulder labrum repair, maxillofacial defects, and dental work.

Increasing demand for implants, nonmetal dental discs, and sterilizing hardware in the medical sector is expected to augment demand for PAEK. PEEK polymer is anticipated to witness significant revenue gains over the forecast period. This is attributed to rising consumption in the automotive, medical, oil and gas, and aerospace industries in products such as bearings, electrostatic, cookware, industrial coatings, and body implants.

The automotive sector in Japan is one of the most prominent and significant industries in the world. Presence of key automobile companies, including Toyota Motor Corporation, Honda Motor Company, Ltd., Daihatsu Motor Co., Ltd, Nissan Motor Company, and Suzuki Motor Corporation is projected to have a positive impact on this market. Increased penetration of aircraft manufacturers in China, along with rising government investments in R&D, is expected to drive the aerospace sector in the country, which will propel the PAEK market.

Key players operating in the PAEK market include Victrex Plc., Evonik Industries AG, Gharda Chemicals Ltd., Caledonian Industries Ltd., JK Overseas, Solvay S.A., and Arkema Group. Product innovation is expected to remain a critical success factor for industry participants in the future.

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Polyaryletherketone Market Report Highlights

• Asia Pacific is expected to witness the fastest growth in terms of demand over the forecast period
• By application, the industrial and general engineering segment is expected to exhibit a CAGR of 7.4% in terms of revenue over the forecast period
• S. is the largest market for polyaryletherketone in North America and accounted for a revenue-based share of 86.4% in 2018.

Polyaryletherketone (PAEK) Market Report Scope

Report Attribute	Details
Market size value in 2020	USD 937.23 Million
Revenue forecast in 2026	USD 1,420.79 Million
Growth rate	CAGR of 7.1% from 2020 to 2026
Base year for estimation	2019
Historical data	2014 – 2018
Forecast period	2020 – 2026

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Plastic Calendering Resins Market Outlook On The Basis Of Type, End-Use, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 26 July 2023: The Report Plastic Calendering Resins Market Size, Share & Trends Analysis Report By Type (PVC, PET, PP, PETG), By End-use (Food & Beverages, Healthcare & Medical, Automotive), By Region, And Segment Forecasts, 2022 – 2030

The global plastic calendering resins market size is anticipated to reach USD 29.8 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to exhibit a CAGR of 4.0% from 2022 to 2030. An increase in demand for flexible packaging across various sectors is expected to propel market growth.

The COVID-19 pandemic impacted the market for plastic calendering resins as production activities were halted worldwide. On a global scale, the outbreak disrupted the whole supply chain. But since calendered plastic was in huge demand during the pandemic owing to increased demand from healthcare and packaging, it led to a positive impact on the industry.

The recent Russia-Ukraine war has led to a rise in crude oil prices, which has affected the plastic resins industry globally. However, owing to the rising demand for plastic calendered products, the market is set to grow over the forecast period.

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Plastic Calendering Resins Market Report Highlights

• In terms of type, the PVC resins segment accounted for the largest revenue share of over 55.0% in 2021 and is expected to retain its dominance over the forecast period. The PET resin segment is expected to expand at the fastest CAGR of 3.8% over the forecast period owing to its unique properties such as recyclability, lightweight, water resistance, and shatterproof. Therefore, it is widely used in the packaging of food & beverages
• In terms of end-use, the food & beverages segment dominated the market with a share of over 30.0% in 2021 owing to the changing food habits, consumption patterns, and low cost of production post-pandemic
• The healthcare end-use segment is expected to expand at a CAGR of 4.3% over the forecast period
• In April 2020, NOVA Chemicals partnered with Revolution to fulfill the recycled plastic demand and produce plastic calendering resins for flexible food packaging and meet the requirements of the applications industry and consumers
• Asia Pacific dominated the market and accounted for a revenue share of over 30.0% in 2021 and is expected to retain its dominance over the forecast period. Asia Pacific is anticipated to expand at the highest CAGR over the forecast period. The market growth in this region is primarily attributed to the rising young population and increasing disposable income, especially in India and China. The increasing working population in these countries coupled with a fast life has given rise to packaged food and beverages, further propelling the demand for plastic packaging
• In 2022, Cosmo Films announced the setting up of a production plant worth USD 17,521,525 in Aurangabad for expanding film production for packaging applications
• Mergers & acquisitions, agreements, R&D activities, and expansions are the key strategies adopted by the companies over the past years. Sustainability being the key moving ahead, it is also a crucial factor that will drive the market over the forecast period. In 2019, Indorama Ventures announced the acquisition of a recycling plant in Athens. This strategic move was done in order to meet the growing demand for recycled plastic by securing the supply of the U.S. RPET. In 2021, LANXESS launched a high-performance sustainable plastic made from 92% sustainable raw materials, which have characteristics equivalent to the virgin polyamide 6 plastic

Plastic Calendering Resins Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 22.11 billion
Revenue forecast in 2030	USD 29.8 billion
Growth rate	CAGR of 4.0% from 2022 to 2030
Base year for estimation	2021
Historical data	2019 – 2020
Forecast period	2022 – 2030

List of Key Players of Plastic Calendering Resins Market

• Formosa Plastics Corporation
• Westlake Corporation
• Eastman Chemical Company
• Occidental Petroleum Corporation
• Shin-Etsu Chemical Co., Ltd.
• Avery Dennison Corporation
• Covestro AG
• Reliance Industries Limited
• LG Chem
• China Petrochemical Corporation
• SK Chemicals
• LOTTE Chemical Corporation
• Indorama Ventures Public Company Limited
• SABIC
• Orbia

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Breathable Films Market Segmented On The Basis Of Raw Materials, Film Type, End-Use, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 25 May 2023: The Report Breathable Films Market Size, Share & Trends Analysis Report By Raw Material (Polyester, Polyethylene), By Film Type (Microporous, Microvoided), By End-use, By Region, And Segment Forecasts, 2023 – 2030

The global breathable films market size is expected to reach USD 27.58 billion by 2030, registering a CAGR of 5.3% during the forecast period, according to a report by Grand View Research, Inc. Growth in installations of packaging manufacturing industries is anticipated to boost the breathable films market. Rising demand for apparel and hygiene products is expected to increase demand for breathable films, resulting in the growth of the market during the forecast period.

The various governments, globally, have set stringent regulations due to an increase in consumer concerns about health & hygiene along with different promotions about sustainability and innovation are likely to boost the global market for breathable films during the forecast period to the lesser emissions, enhanced efficiency, and biocompatibility in the packaging industry. Companies are spending heavily on developing raw materials, which are non-ozone depleting and free from harmful compounds (VOC), solvents, and toxins.

Breathable films are used in different end-use industries such as packaging, building & construction, industrial protective apparel, sports apparel, medical & healthcare industry, and others. It is majorly used in fiber applications like carpet fabrics, automotive fabrics, apparel, and engineering plastics. Non-Porous breathable films are expected to grow at a significant rate during the forecast period owing to its properties such as high permeability, strength, vapor transmission, and bacteria & virus resistance. 

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Breathable Films Market Report Highlights

• The global breathable films market is anticipated to reach USD 27.58 billion in 2030 with a CAGR of 5.3% from the year 2023 to 2030.The development in medical and apparel industry across the globe is boosting the Breathable films market
• Non-porous is the most consumed breathable films type, with a revenue share of more than 63.0% in 2022. Its demand has increased due to the growing usage from major end use industries globally, such as medical & healthcare, building & construction, sports apparels, and various others
• Packaging is the most common application for the breathable films materials, due to its high global demand for the manufacturing of packaged readymade beverages, sports &industrial protective apparel. It is also used to manufacture different hygiene products such as diapers, napkins, masks, and others
• The market is increasing owing to growing demand for the breathable films from the medical & healthcare industry. Technological developments, transformations in plastics, and evolved decontamination devices. These are boosting demand for the breathable films
• Major breathable film manufacturing companies have been increasing the capacity of their own production plants, instead of setting up new facilities, to strengthen their position in the global landscape. For instance, in January 2020, Berry Global Group, Inc. expanded its production capacity for hygiene, healthcare, and specialty film products in North America. In order to meet the expanding market demands for sustainable products and breathable film in the North American region, the company has invested in both extrusion and printing capabilities

List Of Key Players Of Breathable Films Market

• Schweitzer-Mauduit International, Inc.
• Arkema
• Berry Global, Inc
• Fatra, a.s.
• Kimberley – Clark
• Nitto Denko Corporation
• Rahil Foam Pvt. Ltd.
• RKW North America, Inc.
• SILON s.r.o
• SKYMARK
• Daika Kogyo
• American Polyfilm
• Innovia Films
• Mitsui Chemicals, Inc.
• Omya AG

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Polyethylene Terephthalate Compounding Market Focusing On The Basis Of Application, Region And Forecasts To 2024: Grand View Research Inc.

San Francisco, 18 May 2023: The Report Polyethylene Terephthalate Compounding Market Size, Share & Trends Analysis Report By Application (Packaging, Electrical & Electronics, Industrial Machinery, Automotive, Construction, Material Handling), By Region, And Segment Forecasts, 2016 – 2024

The global polyethylene terephthalate (PET) compounding market is expected to reach USD 7.82 billion by 2024, according to a new report by Grand View Research, Inc. Rising polymer demand in end-use industries such as packaging, automotive, electrical & electronics and constructions is expected to remain a key driving force for PET compounding market growth.

Strong demand for PET bottles coupled with growing packaged food & beverage industry in emerging economies of Asia Pacific and Latin America such as China, India, Mexico, and Brazil are anticipated to fuel industry growth significantly.

Regulatory agencies to reduce Green House Gas (GHG) emissions by means of vehicular weight reduction and fuel efficiency improvements have formulated policies and guidelines. Automotive manufacturers & OEMs in order to meet these regulations have adopted plastics as a replacement for metals such as aluminum and steel.

Packaging accounted for over 55% of overall market volume in 2015. Growth in packaging industry can be attributed to the suitability of PET compounds to meet customer requirements with more durable, lightweight and corrosion-resistant parts.

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Further key findings from the study suggest:

• The global polyethylene terephthalate (PET) compoundingmarket demand was over 2,000 kilo tons in 2014 and is expected to exceed 3,500 kilo tons by 2024, growing at a CAGR of 6.9% from 2016 to 2024
• Increasing substitution for glass, metals, wood, natural rubber and man-made materials by PET is driving the global market
• Developing recycling processes that utilize lesser input in terms of fluids, energy, and machinery is crucial for production improvisation
• Government regulations restricting petrochemical derived polymers consumption in applications such as food packaging, and medical devices are expected to further boost bio-based PET production
• China accounted for nearly half of the Asia Pacific compounding volume in 2015. The country is characterized by high demand for PET compounds in packaging & electronic applications
• BASF and Avantium Dutch technology firm formed a joint venture company to focus on polyethylene furanoate (PEF) and furandicarboxylic acid (FDCA), a bio-based polymer to replace polyethylene terephthalate
• Polyethylene terephthalate (PET) compounding market is highly fragmented among multinational players and small domestic companies
• Key industry participants in the market include Dow Chemical Company, RTP Company, SABIC, LyondellBasell, BASF SE, DuPont, SRF Plastics, A. Schulman, Polyvisions, Covestro, Washington Penn Plastics and PET Processors LLC

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Personal Protective Equipment Market Outlook On The Basis Of Product, End-Use, Region And Forecast From 2023 to 2030: Grand View Research Inc.

The global personal protective equipment market size is expected to reach USD 131.18 billion by 2030, registering a CAGR of 6.7% according to a new report by Grand View Research, Inc.  The increasing investments in worker protection and safety products paired with the growing awareness about the strict safety rules and regulations significantly drive the market.

The COVID-19 outbreak positively impacted the market demand for personal protective equipment. This is significantly attributed to the proliferating demand for worker safety essentials to safeguard against COVID-19 infection. During the forecast period, the market growth is projected to witness steady growth owing to the increasing adoption in diverse industries.

The growing awareness among industry stakeholders about the crucial role of worker security at workplaces in the wake of the rigorous regulations and enormous costs associated with workplace hazards is expected to strengthen the market growth. Particularly, the increasing worker safety awareness and new rules & regulations in the Asia Pacific region are likely to fuel the market growth during the forecast period.

The increasing rate of workplace fatalities has imposed workers to deploy personal protective equipment for ensuring the safety of the workers. Additionally, the growth in the number of blue-collar workforces across several R&D establishments and production factories is anticipated to fuel the demand for PPE in the forthcoming years.

Government regulations coerce the use of protective equipment for workers in several industries including mining, oil and gas, and construction, among others. Work safety regulations play a vital role in driving the demand for personal protective equipment. The stringent policy mandates by agencies for businesses to maintain worker safety in the workplace are anticipated to fuel the market growth of personal protective equipment.

Companies including DuPont and 3M are undergoing strategic business expansions to strengthen their market shares and product portfolios. In May 2022, 3M announced the expansion of its production of personal protective equipment including respiratory and hearing protection products. This expansion was planned to enable 3M to increase investments to cater to the unmet demand for PPE.

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Personal Protective Equipment Market Report Highlights

• Based on product, the head protection equipment is projected to witness the fastest CAGR of 7.6% owing to the increasing demand in end-use sectors such as manufacturing, construction, oil & gas, mining, and others, to protect the workers from head injuries
• In 2022, Europe accounted for the largest market share of 30.8%. This is attributable to the developed industrial platform paired with the increased adoption of safety products in varied sectors.
• Asia Pacific is anticipated to expand at the fastest growth rate in the global market, garnering a CAGR of 7.8% from 2023 to 2030. This can be credited to the momentous industrialization and economic development throughout the region.
• Key players are proactively focusing on various business strategies including product innovation, mergers & acquisitions, and joint ventures among, others. Innovations in materials, designing, and manufacturing processes that boost product quality led to heightened demand for PPE.

List of Key Players in the Personal Protective Equipment Market

• Honeywell International Inc.
• Lakeland Industries Inc.
• DuPont
• 3M
• Ansell Ltd.
• Avon Rubber plc
• COFRA S.r.l.
• FallTech
• Alpha Pro Tech Limited
• Mine Safety Appliances (MSA) Company
• Lindstrom Group
• Mallcom (India) Ltd.
• Radians, Inc.
• Polison Corp.
• Delta Plus Group

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E-commerce Packaging Market Focusing On The Basis Of Product, Material, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 17 March 2023: The Report E-commerce Packaging Market Size, Share & Trends Analysis Report By Product (Poly Bags, Mailers), By Material (Plastics, Corrugated Boards), By Application (Household, Pet Food), By Region, And Segment Forecasts, 2022 – 2030

The global e-commerce packaging market size is expected to reach USD 235.8 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 16.9% over the forecast period. Growing e-commerce retail platforms and technology advancements, such as 5G, and wider geographic internet connectivity are boosting the e-commerce market. Thus, simultaneously driving the demand for convenient and efficient packaging. The introduction of 5G is expected to enhance the consumer experience of online shopping by introducing technologies like Augmented and Virtual Reality (AR/VR). These technologies will provide product display in the enhanced virtual environment; thus, improving consumer experience on product outlook.

According to the research on Shopify, more than half of consumers are willing to shop more if the e-commerce platform is offering an AR experience. The 5G technology is helping to power the growth of the e-commerce industry during the forecast period. The industry is expected to experience splendid growth during the forecast period owing to wider geographic internet connectivity. For instance, a project like starlinks will provide access to areas where connectivity has been a challenge, such as the rural parts of the world. The challenges of the internet in rural or remote parts of the world are contributing to the very limited opportunity for the e-commerce industry growth.

The introduction of wider geographic internet connectivity will create immense opportunities for the e-commerce market in remote parts of the world. However, the growing e-commerce industry is creating a large amount of packaging waste and various environmental concerns. For instance, 3 billion trees are cut every year to produce carton boxes, mailers, fillers, and paper-based packaging. Whereas, less than 20% of plastic packaging produced worldwide undergoes recycling. Thus, the environmental concern over increasing packaging waste is expected to restrain the market growth to some extent.

Key companies operating in the industry are majorly adopting various strategies, such as acquisitions and new product launches, to expand their manufacturing capabilities, product portfolios, and geographical presence. For instance, in July 2022, Coveris launched stretch films, which have 30% recycled content. In May 2022, Berry Global collaborated with Clean Farms & Poly-Ag Recycling to advance Canada’s circular economy. The collaboration was aimed at recovering used agricultural films and grain bag materials to produce new products with recycled content.

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E-commerce Packaging Market Report Highlights

• The corrugated boxes segment is expected to register the fastest CAGR from 2022 to 2030 due to the increasing demand for sustainable packaging, rising trade activities, and growing dependency of customers on the online delivery of goods
• In addition, boxes are affordable and ensure product safety during transportation and handling
• Plasticsaccounted for the highest revenue share in 2021 due to their applicability, easy availability, low weight & costs, and functionality of offering excellent protection against environmental factors (air and water) to the packaged goods
• Apparel & accessories emerged as the dominating product segment in 2021 and will expand further at a steady CAGR from 2022 to 2030
• Asia pacific commanded the largest revenue share in 2021. Owning to increasing penetration of the internet, increasing dependency on e-commerce purchases, and rising disposable income in the region.

List of Key Players of E-commerce Packaging Market

• Amcor Plc.
• Berry Global Group, Inc.
• CCL Industries
• Coveris
• Sealed Air
• Sonoco Products Company
• WINPAK Ltd.
• Alpha Packaging
• Constantia Flexibles
• Mondi
• Gerresheimer AG
• Silver Spur Corp.
• Greif
• Transcontinental Inc.
• ALPLA

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Bioplastic Packaging Market Focusing On The Basis Of Material, Type, Application, Region And Forecast 2030 : Grand View Research Inc.

San Francisco, 19 Jan 2023: The Report Bioplastic Packaging Market Size, Share & Trends Analysis Report By Material (Biodegradable, Non-biodegradable), By Type (Flexible, Rigid), By Application, By Region, And Segment Forecasts, 2022 – 2030

The global bioplastic packaging market size is expected to reach USD 50.57 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 16.9% from 2022 to 2030. The growth of the global plastics packaging industry is likely to be driven by the increasing consumption of plastics in packaging food, beverages, cosmetics, personal care, and consumer goods.

Bioplastics are plastics that are made from renewable sources such as corn, sugarcane, potato, wheat, rice, vegetable oil, or cellulose. There are two types of bioplastics, namely biodegradable plastics and non-biodegradable plastics. Biodegradable plastics include polylactic acid, starch blends, PBAT, and PBS, while non-biodegradable plastics include polyethylene, polyethylene terephthalate, polyamide, and polytrimethylene terephthalate.

Bioplastic packaging is considered to be an environment-friendly solution and helps enhance the final product’s appearance. Growing usage of bioplastics in flexible packaging is expected to fuel market growth. The growing demand for food, due to the rising global population, is a key factor driving the demand for flexible packaging. Moreover, the packaged food industry in the U.S. and Europe has grown tremendously in recent years. Furthermore, increasing concerns regarding toxins in petrochemicals, along with depleting crude oil reserves, are driving the development of bio-based polymers.

Regulations by most governments restricting the consumption of petroleum-based plastics in certain applications such as food packaging and medical devices are expected to further incentivize bioplastic production in the plastics industry. However, the high cost as compared to conventional plastics is a major factor restraining the market growth. Currently, low prices of conventional plastics are making it difficult for bioplastics to achieve competitive pricing.

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Bioplastic Packaging Market Report Highlights

• The biodegradable material segment is expected to expand at the highest CAGR of 17.3% from 2022 to 2030, aided by the increasing demand for sustainable packaging, strict regulation of commercial plastics, and growing consumer preference for eco-friendly plastic
• The flexible packaging segment is projected to advance at the fastest CAGR of 18.1% during the forecast period, owing to its applicability and functionality of offering excellent protection against environmental factors (air and water) to the packaged goods, wide availability, lightweight, and less complex manufacturing process than rigid packaging
• Food and beverages emerged as the leading application segment and is further expected to expand at a CAGR of 17.1% from 2022 to 2030
• The global bioplastics packaging market is highly competitive and fragmented in nature, with the presence of various key players such as BASF SE, NatureWorks LLC, SABIC, Braskem, M&G Chemicals, Teijin Limited, and Toray Industries, as well as a few medium- and small-scale regional players across the globe

List of Key Players in Bioplastic Packaging Market

• Amcor Plc.
• Novamont S.p.A
• NatureWorks, LLC
• Coveris
• Sealed Air
• Alpha Packaging
• Constantia Flexibles
• Mondi
• Transcontinental Inc.
• ALPLA

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Calendered Polyvinyl Chloride Flexible Films Market In-Depth Research On Basis Of End-Use, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 10 Aug 2022: The Report Calendered Polyvinyl Chloride Flexible Films Market Size, Share & Trends Analysis Report By End-use (Pharmaceutical, Medical, Automotive, Building & Construction, Consumer Goods, And Industrial), By Region, And Segment Forecasts, 2022 – 2030

The global calendered polyvinyl chloride flexible films market size is expected to reach USD 25.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2022 to 2030. There are a large number of players operating in the market across the globe. With technological advancements, various end-use segments have been introduced. Some of these types include pharmaceutical, medical, automotive, building and construction, consumer goods, and industrial.

The market is likely to be driven by factors, such as rising demand for calendered polyvinyl chloride (PVC) flexible films in food and beverage packaging end-use. The food and beverages industry is the most prominent consumer of packaging products worldwide. The ongoing immigration of the rural population to urban areas, rising number of working women, increasing disposable income, and prevailing hectic work-life schedules have macroeconomically fueled the global demand for ready-to-eat food products, packaged meals, outdoor dining, etc.

Calendered polyvinyl chloride flexible films extend the shelf life of perishable commodities while masking the odor of packed products. The usage of these films also eliminates labeling or capping costs. These factors are expected to contribute to the surged demand for calendered polyvinyl chloride flexible films in the coming years. Increased investments by companies such as Uflex Ltd. to develop advanced packaging films are expected to fuel the growth of the packaging industry at domestic and international levels.

The presence of major economies with high healthcare costs and increasing expenditure of various governments on public and private health systems are expected to positively impact the market growth. Increasing private participation in the healthcare industry to improve healthcare services and infrastructure and offer high-quality treatment in countries like China, Japan, India, Singapore, and Australia is expected to boost the market growth. Furthermore, improving service and safety standards in hospitals is expected to drive the market over the forecast period.

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Calendered Polyvinyl Chloride Flexible Films Market Report Highlights

• In terms of revenue, the consumer goods segment accounted for a prominent share of more than 25.0% in the market in 2021 and is further expected to witness prominent growth over the forecast period owing to the high demand from consumer goods such as furniture, footwear, sports equipment, clothing, and others
• As of 2021, Asia Pacific accounted for more than 28.0% revenue share in the overall market. The demand for high-quality medical devices and components from hospitals in major economies such as China, India, and Japan is increasing on account of rising expenditure on the healthcare industry. Increasing private participation in the healthcare industry to improve healthcare services and infrastructure and offer high-quality treatment in countries like China, Japan, India, Singapore, and Australia is expected to boost the market growth
• The use of calendered polyvinyl chloride flexible films in the automotive sector is in underbody coatings, sealants, floor modules, and wire harnesses (cable insulation and grommets). Calendered PVC flexible films are used mainly on the exterior of the car, particularly in areas where the paint on the vehicle body is exposed to wear and impact from dirt and gravel from the road
• Several market players compete with each other to tap potential growth opportunities in the global polyvinyl chloride flexible film market and to establish their market presence and enhance their market share. Companies such as Caprihans India Limited, ACG, and Mississippi Polymers Inc., as well as various polyvinyl chloride-based calendered flexible film manufacturers, account for a large share of the market since their establishment. Hence, these companies have been categorized as product innovators in the market

List of Key Players of the Calendered Polyvinyl Chloride Flexible Films Market

• Mississippi Polymers, Inc.
• Teknor Apex Company, Inc.
• Canadian Speciality Vinyls
• South Asia Plastics Group
• ACG
• Caprihans India Limited
• Mondorevive S.p.a.
• ALFATHERM SpA
• HEXIS S.A.S.
• ZHONGSHAN LIN-YANG PLASTIC CO.LTD.
• RENOLIT SE

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Polyethylene Vapor Barrier Films For Under Slab Market Size Is Expected To Reach USD 2.18 Billion By 2028: Grand View Research Inc.

San Francisco, 13 Oct 2021: The Report Polyethylene Vapor Barrier Films For Under Slab Market Size, Share & Trends Analysis Report By Product (HDPE, LLDPE), By Application, By Thickness, By End-use, By Grade, By Region, And Segment Forecasts, 2021 – 2028

The global polyethylene vapor barrier films for under slab market size is expected to reach USD 2.18 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.9% from 2021 to 2028. Rising demand for green buildings is projected to fuel the growth of the market during the forecast period. Green buildings are gaining popularity over conventional ones in recent years. Efficient use of energy, water, and renewable energy, reduced operating costs, improved air quality, and reduced overall load on metal structures as compared to conventional buildings are fueling the demand for green buildings.

Furthermore, the increasing influence of social factors, such as creating a sense of community, improving occupant health and well-being, and encouraging sustainable business practices, is propelling the growth of green buildings. In green building construction, polyethylene (PE) vapor barrier films play a significant role in making the building energy efficient. These films seal the roof against wind and moisture and prevent heat loss as well as improve the air quality by providing maximum protection against moisture, mold, and mildew growth.

Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. Since an ascending number of polyethylene vapor barrier films are being designed to be environment-friendly, their popularity is expected to increase over the forecast period and act as a driver for the market. The residential end-use segment is estimated to witness significant growth over the forecast period.

The residential construction sector is primarily driven by the growth in single-family housing units. According to the United States Census Bureau, 903,000 single-family homes and 352,000 multi-family units were completed in 2019. Factors such as population growth in major cities, low mortgage rates, and a rise in immigrant influx to major cities are propelling the demand for residential housing. In addition, the ongoing transition to a sustainable energy system, especially in North America and Europe, is fueling the demand for residential green buildings, further creating demand for polyethylene vapor barrier films for under slab applications.

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Polyethylene Vapor Barrier Films For Under Slab Market Report Highlights

• In terms of product, the linear low-density polyethylene segment accounted for the largest revenue share in 2020 and is expected to witness prominent growth over the forecast period
• The new construction application segment dominated the market and accounted for more than 70.0% of the revenue share in 2020
• In 2020, Asia Pacific accounted for the largest revenue share of more than 50.0%. The growing construction activities are expected to boost the demand for PE vapor barrier films for under slab in the region
• Various strategic initiatives were recorded over the past few years, which helped in boosting the growth of the market. For instance, in November 2020, INEOS Olefins & Polymers USA announced the acquisition of Sasol’s ownership of Gemini High-density Polyethylene (HDPE). Gemini, a startup founded in 2017, is a manufacturer of bimodal HDPE products. The proposed acquisition will allow INEOS Olefins & Polymers USA to further expand its reach in the specialty polyethylene market of pressure pipes and high molecular weight films

List of Key Players of Polyethylene Vapor Barrier Films For Under Slab Market

• Exxon Mobil Corporation
• LyondellBasell Industries Holdings B.V.
• Repsol
• SABIC
• Dow Inc.
• Poly-America, L.P.
• Proctor Group Ltd.
• Reef Industries
• Layfield Group
• RKW Group. Ltd.
• R. Meadows, Inc.
• Cover-Tech Inc.

Access Press Release of Polyethylene Vapor Barrier Films For Under Slab Market @ https://www.grandviewresearch.com/press-release/global-polyethylene-vapor-barrier-films-under-slab-market

Shipping Container Market Size Is Poised To Reach USD 15.83 Billion By 2028: Grand View Research Inc.

San Francisco, 22 Sep 2021: The Report Shipping Container Market Size, Share & Trends Analysis Report By Product (ISO, Non-standard), By Type (Dry, Reefer, Tank), By Size (20’, 40’, High Cube), By Flooring, By Application, By Region, And Segment Forecasts, 2020 – 2028

The global shipping container market size is expected to reach USD 15.83 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.0% from 2020 to 2028. The market is expected to be driven by maritime trade, expanding penetration of the e-commerce industry, digitization in shipping container space, and increasing demand for specialized shipping containers by the department of defense.

20’ and 40’ are the most popular sizes of shipping containers as of 2021. Although based on application shipping containers are often manufactured in a variety of sizes such as 8’, 10’, 48’, 53’, and others. Their increasing demand for transportation of a variety of goods such as food, pharmaceutical, automotive components, and agricultural products is expected to support industry growth.

Trade agreements promote trade among the nations and favorably impact the demand for shipping containers. In November 2020, members of the Association of Southeast Asian Nations (ASEAN) and five regional partners signed the Regional Comprehensive Economic Partnership (RCEP), which is one of the largest free trade agreements in the world. Moreover, recently concluded multiple trade agreements including NAFTA, EVFTA, EU–UK Trade and Cooperation Agreement (TCA), and others are likely to fuel the growth of the market.

The significant developments in commercial vessels and innovation of efficient and better cargo ships equipped with advanced technology such as navigation systems, advanced sensors, and other components are accelerating the demand for cargo transportation through ships, which is further fueling the growth of the market.

The global e-commerce industry witnessed an exponential surge in the last few years, besides, the rising penetration of smartphones and the internet, especially in developing regions is anticipated to fuel the growth of the e-commerce industry further. The growth of the transportation industry on account of growing online retails is expected to benefit the shipping containers market.

Access Research Report of Shipping Container Market @ https://www.grandviewresearch.com/industry-analysis/shipping-container-market-report

Shipping Container Market Report Highlights

• By product, ISO containers generated a revenue of USD 6.28 billion in 2020. Extensive adoption of ISO containers for international trade mainly accounted for a higher share of the ISO container product segment in the market
• Reefer container segment is expected to register the fastest CAGR of 12.5% in terms of revenue from 2020 to 2028 owing to increasing demand for temperature-controlled transportation for shipping pharmaceutical, food, and agricultural products
• Industrial transport led the application segment with a share of 56.6% by revenue in the global shipping containers market in 2020. Extensive use of shipping containers for transportation of industrial raw materials and manufactured goods such as metals, minerals, oil and gases, chemicals, ores, slags, machinery, tools, etc. attributed to the high share of the industrial transport segment in 2020
• The Asia Pacific region dominated the market with more than 68.1% share of the global revenue in 2020. Presence of countries such as China and India having a large manufacturing base coupled with robust agricultural exports mainly contributed to the high share of Asia Pacific in the global market
• The market is highly fragmented with the presence of large- and medium-sized international companies as well as small-sized domestic players

List of Key Players of the Shipping Container Market

• Bertschi AG
• BNH Gas Tanks
• Bulkhaul Limited
• Danteco Industries BV
• NewPort Tank
• P. Moller – Maersk
• China International Marine Containers (Group) Ltd
• COSCO SHIPPING Development Co., Ltd.
• CXIC Group
• Singamas Container Holdings Limited
• TLS Offshore Containers/TLS Special Containers
• W&K Containers, Inc.
• Thurston Group Limited
• OEG
• Sea Box, Inc.
• IWES LTD.
• Norcomp Nordic AB

Access Press Release of Shipping Container Market @ https://www.grandviewresearch.com/press-release/global-shipping-container-market