A polymeric material with a special combination of qualities, plastic film is made from several resins. They are extensively utilized in a variety of industries, including packaging, decoration, plastic bags, labeling, electrical fabrication, building construction, and others. Polyethylene terephthalate (PET), polypropylene (PP), polyvinyl chloride (PVC), polystyrene (PS), polyamide (PA), and others are examples of many types of plastic polymers. PVC is the most widely used plastic for making safety boots, followed by PP films and construction materials like window frames, which are also important sources of plastic for making stationery products, plastic components, and other items for industrial, electronic, and electrical applications.
Global Plastic Films Market was valued at US$ 98.29 Bn in 2022, and is expected to exhibit a CAGR of 7.2%, in terms of revenue, over the forecast period (2023-2030) to reach US$ 171.67 Bn by 2030.
Prominent Companies in the Plastic Films Industry:
1. The Dow Chemical Company
The Dow Chemical Company Founded in 1897 and its headquarter in Midland, Michigan, United States.The company operates in 160 countries. In 2020 Dow and Bolloré collaborate to develop ground-breaking recyclable food-contact barrier shrink film, containing circular polymers.
2. DuPont
DuPont was launch in 2017. And its headquarter located in Wilmington, Delaware, United States. It operate over 90 country 2020 — 2017 — Dow and the other collaborators released a video detailing the process to manufacture trash bags, and reinforce their longstanding
3. Eastman Chemical Company
Eastman Chemical Company was launch in 2000 and it’s headquarter located in Kingsport, Tennessee, United States.it operate over 100 country. This acquisition demonstrates Eastman's commitment to driving growth in Performance Films and the paint protection and window film markets.
4. Evonik Industries AG
Evonik Industries AG was launch in 2007 and it’s headquarter located in headquartered in Essen, Germany.It work in 100 2023 Evonik launches TEGO® Cycle additives portfolio to transform plastic waste into valuable plastics.
5. Amcor Limited
Amcor Limited founded in 1986, with its headquarters in Victoria, Australia.With businesses in over 100 countries. Amcor 2021 Global Commitment progress report data on plastic packaging to create a circular economy for plastics and fight plastic pollution
6. Griffon Corporation Inc
Griffon Corporation Inc was launch 1959 and its headquarter New York, New York, United States it operate over 15 country.
7. Saudi Basic Industries Corporation (SABIC),
Saudi Basic Industries Corporation (SABIC), was founded in 1976 and its headquarters in, Riyadh, Saudi Arabia. .With businesses in over 50 countries.
*Definition- Plastic film is a polymeric material produced from different resins with a unique combination of properties. They are widely used across packaging, decoration, plastic bags, labeling, electrical fabrication, building construction, industrial purposes, and others
