AIR CONDITIONER FOIL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Air Conditioner Foil Market, By Material Type (Aluminum, Metallized PET Film, Others), By Thickness (Up to 0.05 mm, 0.05 to 0.1 mm, Above 0.1 mm), By End User Industry (Food, Pharmaceuticals, Personal Care & Cosmetics, Others), By Application (Wraps, Bags & Pouches, Lids, Laminates, Others), By Product Type (Printed, Unprinted), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Recent Developments

New product launches

In January 2022, Zenith Alluminium Pvt Ltd launched antimicrobial air conditioner foils using a proprietary technology. The foils inhibit the growth of microbes and improve indoor air quality.
In June 2021, Hydro launched HYLAR advanced air conditioner foils made from low-carbon aluminum. The foils enhance sustainability and energy efficiency of ACs.
In May 2020, Henkel introduced a range of lightweight AC foils that help reduce material usage. The foils improve production efficiency for OEMs.

Acquisition and partnerships

In October 2021, KM Packaging acquired Flexifoil Packaging to strengthen its position in air conditioner foils and packaging laminates sector.
In December 2020, Alfipa entered into a joint venture with OBEIKAN to set up a manufacturing facility for air conditioner foils in Saudi Arabia.
In November 2019, Norsk Hydro partnered with JW Aluminum to develop closed-loop recycling systems for air conditioner foil scrap in the US.