Published by mark itwired
Posted on September 21, 2021
Global nylon films market is poised for a promising CAGR of over 5% through the course of forecast period (2019 – 2029). Towards the end of 2029, the nylon films market is set to represent a billion-dollar industry, as projected by a new Future Market Insights (FMI) study. Soaring demand for flexible packaging solutions from pharmaceuticals and food industries remains a major factor responsible for the promising growth outlook of the nylon films market.
“Rigid packaging solutions have been the conventional choice of manufacturers and consumers in view of their reliability and superior barrier properties. However, flexible packaging solutions are gaining notable momentum, owing to their lighter weight and extended durability,” finds the FMI report.
Download a PDF Sample of a 137-page study: https://www.futuremarketinsights.com/reports/sample/rep-gb-6669
R&D activities will be vital for market leaders in gaining competitive advantage. Cost-effectiveness, adhesive quality, and recycling procedure will be the core areas of research. Some of the key players that this FMI report covers, include but are not limited to: Hyosung, Toyobo, Amcor, Honeywell, and Unitika. These prominent players are focused on unlocking profitable avenues through capacity expansion. For instance, Honeywell purchased additional nylon film plants to boost production capacities in South Korea. On the other hand, companies such as Kohjin and Mitsubishi Chemical are entering joint ventures to achieve the desired production capacity.
The 137-page study offers an in-depth market forecast and analysis on the nylon films market. The major categories encompassed by the report include grades (nylon 6, nylon 66), thickness (upto 10 microns, 11 to 20 micros, 21 to 30 microns, above 30 microns), film type (composite polyamide, by-axially oriented polyamide), end-use (food, pharma, electrical, chemicals) across seven regions (Middle East & Africa, Oceania, East Asia, South Asia, Europe, Latin America, North America).
What are the future prospects of the nylon films market?
The nylon films market is anticipated to witness gradual growth, with the market creating an incremental opportunity of US$ 581 Mn over the forecast period.
What is the key factor driving the growth of the nylon films market?
Flexible packaging converters highly prefer nylon films for packaging perishable products such as meat, cheese, and other processed food items, attributable to the excellent oxygen and aroma barrier properties of such films. Improved shelf life of these products is another factor that is expected to contribute to the increased adoption of nylon films by packaging manufacturers over the forecast period of 2019-2029.
Which players are identified as tier-1 players in the nylon films market?
Unitika Ltd., Toray Plastics Inc., Winpak, Kolon Industries, Hyosung Corporation, and Honeywell International LLC are some of key players in the nylon films market that FMI has identified as tier-1 players. Most of these players focus expansion through strategic acquisition of regional players to maintain their market position in the nylon films market.
Which brands are associated with the nylon films market?
Some of the popular brands associated with the nylon films market are EMBLEM by Unitika Ltd., RAYFAN from Winpak, AMIDROLL brand by KOLON industries, a series of SUPERNYL films by Mitsubishi, HARDEEN from Toyobo, and NYLEEN from Domo Chemicals.
The post Nylon Films Market Will Reflect Significant Growth Prospects during 2017-2025 first appeared on Market Research Blog.
Global nylon films market is poised for a promising CAGR of over 5% through the course of forecast period (2019 – 2029). Towards the end of 2029, the nylon films market is set to represent a billion-dollar industry, as projected by a new Future Market Insights (FMI) study. Soaring demand for flexible packaging solutions from pharmaceuticals and food industries remains a major factor responsible for the promising growth outlook of the nylon films market.
“Rigid packaging solutions have been the conventional choice of manufacturers and consumers in view of their reliability and superior barrier properties. However, flexible packaging solutions are gaining notable momentum, owing to their lighter weight and extended durability,” finds the FMI report.
Download a PDF Sample of a 137-page study: https://www.futuremarketinsights.com/reports/sample/rep-gb-6669
R&D activities will be vital for market leaders in gaining competitive advantage. Cost-effectiveness, adhesive quality, and recycling procedure will be the core areas of research. Some of the key players that this FMI report covers, include but are not limited to: Hyosung, Toyobo, Amcor, Honeywell, and Unitika. These prominent players are focused on unlocking profitable avenues through capacity expansion. For instance, Honeywell purchased additional nylon film plants to boost production capacities in South Korea. On the other hand, companies such as Kohjin and Mitsubishi Chemical are entering joint ventures to achieve the desired production capacity.
The 137-page study offers an in-depth market forecast and analysis on the nylon films market. The major categories encompassed by the report include grades (nylon 6, nylon 66), thickness (upto 10 microns, 11 to 20 micros, 21 to 30 microns, above 30 microns), film type (composite polyamide, by-axially oriented polyamide), end-use (food, pharma, electrical, chemicals) across seven regions (Middle East & Africa, Oceania, East Asia, South Asia, Europe, Latin America, North America).
What are the future prospects of the nylon films market?
The nylon films market is anticipated to witness gradual growth, with the market creating an incremental opportunity of US$ 581 Mn over the forecast period.
What is the key factor driving the growth of the nylon films market?
Flexible packaging converters highly prefer nylon films for packaging perishable products such as meat, cheese, and other processed food items, attributable to the excellent oxygen and aroma barrier properties of such films. Improved shelf life of these products is another factor that is expected to contribute to the increased adoption of nylon films by packaging manufacturers over the forecast period of 2019-2029.
Which players are identified as tier-1 players in the nylon films market?
Unitika Ltd., Toray Plastics Inc., Winpak, Kolon Industries, Hyosung Corporation, and Honeywell International LLC are some of key players in the nylon films market that FMI has identified as tier-1 players. Most of these players focus expansion through strategic acquisition of regional players to maintain their market position in the nylon films market.
Which brands are associated with the nylon films market?
Some of the popular brands associated with the nylon films market are EMBLEM by Unitika Ltd., RAYFAN from Winpak, AMIDROLL brand by KOLON industries, a series of SUPERNYL films by Mitsubishi, HARDEEN from Toyobo, and NYLEEN from Domo Chemicals.
The post Nylon Films Market Will Reflect Significant Growth Prospects during 2017-2025 first appeared on Market Research Blog.
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