PVC Films and Sheets Market industry size & share (2021-2030) insights, overview analysis report

Global PVC Films and Sheets Market to surpass USD 9.2 billion by 2030 from USD 2.5 billion in 2020 at a CAGR of 5.4% in the coming years, i.e., 2021-30.

PVC Films & Sheets are utilized in a wide range of industries, including electronics, healthcare, building and construction, and so on. Stretch and shrink wrap for consumer and industrial goods are also possible using PVC film. PVC sheets, on the other hand, can be used for vinyl flooring, ornamental skin, wallpaper, and frosted window films, among other things. The increasing demand for sheets and films from end-use industries is a major element influencing the increase in production.

Polymerization of vinyl chloride monomers produces polyvinyl chloride (PVC), one of the most widely used polymers. It’s fire-resistant, oil- and chemical-resistant, and long-lasting. It has modifiers to change its properties according to the needs of the end-user. Its lightweight, abrasion resistance, mechanical strength, and toughness, among other characteristics, allow it to be widely used in the construction, automotive, packaging, and electrical industries. It’s used to make pipes, fittings, profiles, tubes, films, sheets, wires, cables, and bottles, among other things.

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• Market size & share analysis
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• Market growth drivers and restraints
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Global PVC Films and Sheets: Key Players

  • Ergis SA
  • IVK Europe
  • Shih-Kuen Plastics Co., Ltd.
  • Extruflex UK Limited
  • Vortex Flex Pvt. Ltd.
  • Walton Plastics, Inc.
  • Grafix Plastics
  • Allen Plastic Industries Co. Ltd.
  • Changzhou HuiSu QinYe Co., Ltd.
  • Other Prominent Players

Global PVC Films and Sheets: Segments

Polyethylene segment to grow with the highest CAGR during 2020-30

Global PVC Films and Sheets market is segmented by type into Polypropylene, Polyethylene, and Polyvinyl Chloride (PVC). Amylase segment held the largest market share in the year 2020. PE-based films and sheets have qualities such as strong puncture resistance, heat sealer, and tensile strength, as well as lower production costs and higher end-product performance, making them appropriate for a wide range of applications. These films and sheets are also exceedingly flexible, low-temperature tolerant, resistant to bag tearing, translucent, and have good water vapor and alcohol barrier qualities. PE-based films and sheets are commonly utilized in multi-layer cast stretch film, agricultural greenhouse film, medium to heavy-duty bags, and lamination packaging film because of these qualities. LLDPE sheets, on the other hand, have outstanding cold resistance, excellent weather ability, and high welding strength, making them popular in construction.

Food Packaging segment to grow with the highest CAGR during 2020-30

Global PVC Films and Sheets market is divided by end-user into Food Packaging, Stretch Films, Shrink Films, Heavy Duty Bags, Film on Reel, and Others. In 2020, the Food Packaging sector is expected to lead the global market in terms of value, based on industry. Wet food, soup, processed meat, and frozen food packaging are all made with polyvinyl chloride, cast polypropylene, and aliphatic polyamides-based plastic sheets. Plastic films and sheets are suitable for a variety of food packaging applications due to their heat resistance, heat sealer, standard types, low-temperature sealing, antistatic types, lightweight, and easy-to-print information features. The expansion of food packaging is being driven by rapid changes in people’s lives and eating preferences, as well as the expanding population in emerging countries. Packaging reduces food waste by preventing chemical contamination and foodborne illnesses while also preserving food quality.

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Market Dynamics

Drivers

Demand in pharmaceutical industry

The burgeoning pharmaceutical business in emerging countries is fueling market expansion, thanks to rising drug demand, an ageing population, and an increase in chronic diseases. Plastic films and sheets are used to package medication tubes, pre-fillable syringes, labels, accessories, inhalers, vials, pouches for drugs, medical supplies, and other items, much as they are in the pharmaceutical industry. Polyvinyl Chloride (PVC) and Polyvinyl Dine Chloride (PVDC) are the most common materials used in pharmaceutical packaging, as they protect the product from oxygen and odor, moisture, water vapor transmission, contamination, and bacteria.

Restraint

Supply concerns and availability of substitutes

In the forecast period of 2021 to 2030, raw material supply concerns and workforce management are likely to be major restraints on the flexible polyvinyl chloride (PVC) films and sheets market growth rate. In the projected period, the simple availability of replacements is expected to pose a hurdle to the growth of the flexible polyvinyl chloride (PVC) films and sheets market.

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Global PVC Films and Sheets – Regional analysis

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

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PVC Films and Sheets- Product Segment

  • By Type
  • By End-User

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