The global market for Multi-layer Blown Film was valued at US$ 5.7 billion in 2017. The market is forecast to expand at a CAGR of 4.4% during the forecast period, 2018-2026.
Multi-layer Blown Films are co-extruded films which exhibits different properties when blended with different polymer materials. Multi-layer blown films are used for barrier properties. For instance, thermoforming film manufactured by blown extrusion is used for poultry, cheese, and sea foods. Multi-layer blown films includes various applications such as manufacturing bags, pouches, lids and wraps among others. Multi-layer Blown Film are made from extruders where polymer material is passed through a circular die and then followed by bubble expansion. Multi-layer Blown Films provides heat resistance which helps in transition of goods in variable temperatures. Multi-layer blown films also includes stretch films, shrink films & specialty films.
The global market for Multi-layer Blown Film is segmented as material type, layer type, application type, film type, and end use. Multi-layer Blown Film has UV stability which makes it more preferable for use. The number of layers in co-extruded films is the crucial factor as it increases the performance of Multi-layer Blown Films. Multi-layer Blown films are used most commonly in Food & Beverage industry, for efficient food packaging. These films can have a variety of structures, which results into different properties as per the consumer demands. The 7-layer structure of Multi-layer Blown Film includes a barrier layer, tie-layers, abrasion resistant layers, inner and outer layers.
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The inner and outer layer may be two or more than two layers. Multi-layer Blown Films are most commonly used for agriculture, food & beverages, textile, consumer goods, and pharmaceuticals. Multi-layer Blown Film market is expected to witness maximum revenue from 7 layer segment. Multi-layer Blown Film market is expected to grow in Asia Pacific region due to high consumer demand in food and agriculture sector. Multi-layer Blown Film structures are available with many polymers such as polyethylene, polypropylene, EVOH and others. In the multi-layer structure EVOH is commonly used in middle, so as to reduce its hydration properties. Multi-layer blown stretch films provides high load retention that it has excellent holding properties in use. These films do not stretch much after application.
The global market for Multi-layer Blown Film is further segmented as material type, layer type, film type, application type, and end use. On the basis of Material type, Multi-layer Blown Films includes polyethylene, polyamide, polypropylene, EVA, PVdC and EVOH among others. On the basis of film type, Multi-layer Blown films are segmented as stretch, shrink, and specialty film. On the basis of application type, Multi-layer blown films are segmented as bags, pouches, wraps, and lids among others. On the basis of end use, Multi-layer Blown Film are segmented as agriculture, F&B, textile, consumer goods, and pharmaceuticals.
The next section of the report highlights the Multi-layer Blown Films Market, by region, and provides the market outlook for 2018–2026. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional Multi-layer Blown Films Market. Main regions assessed in this report include North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). The report (global Multi-layer Blown Films Market) evaluates the present scenario and growth prospects of the regional Multi-layer Blown Films Market for 2018–2026.
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To ascertain the market size in terms of value and volume, revenue generated by the key manufacturers is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the Multi-layer Blown Films Market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis on how the Multi-layer Blown Films Market is expected to develop in the future.