What is driving the growth of the industrial film market?
The rising demand for bi-axially oriented films, increasing use of agricultural films, and expanding packaging industries in Asia-Pacific are key factors driving the industrial film market's growth.
Who are the key players in Industrial Film Market?
Major players are RKW SE, Fujifilm Holdings Corporation, Cosmo Films Ltd., MITSUBISHI CHEMICALS HOLDINGS CORPORATION, EASTMAN CHEMICAL COMPANY, SAINT-GOBAIN S.A., BERRY GLOBAL GROUP, FlexFilms.
What are the major applications of industrial films?
Industrial films are widely used in automotive & transportation, building & construction, agriculture, medical, electrical & electronics, and various other industries for packaging, protection, and various functional purposes.
What are the challenges facing the industrial film market?
Stringent environmental regulations and concerns about plastic waste are among the key challenges facing the industrial film market, prompting innovations in sustainable film materials and recycling technologies.