Global Green PET Films Market 2022-2030

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    GLOBAL GREEN PET FILMS MARKET

     

    INTRODUCTION

    Mono-Ethylene Glycol (MEG) constitutes 30% of the input Polyethylene Terephthalate (PET) resin from which our BOPET films are made.

     

    In Green PET films, conventional MEG that is made from scarce non-renewable petro based feedstock has been totally replaced by green MEG that is sourced from bioethanol made from renewable agro inputs.

     

    Green PET films are approved for direct food contact by the US Food and Drug Administration (USFDA) and European Union authorities and have the same properties as conventional BOPET films.

     

    This is the world’s first green polyester product that has won several international awards for sustainability. Low-density polyethylene (LDPE), PVC, or linear low-density polyethylene (LLDPE) are typically used in its construction.

     

    Shrink wrap is a loosely applied film that is wrapped around objects, sealed, and heated to shrink into the shape of the products it contains. 

     

    PET film has better tensile strength than other popular plastic films, great dimensional stability, reduced moisture absorption, and outstanding physical property retention over a wide temperature range. 

     

    infographic: Green PET Films Market, Green PET Films Market Size, Green PET Films Market Trends, Green PET Films Market Forecast, Green PET Films Market Risks, Green PET Films Market Report, Green PET Films Market Share

     

    The Green (PET) Polyester, also known as polyethylene terephthalate (PET), is a thermoplastic that is crystal clear, has high performance, and is made from ethylene glycol (DMT) and dimethyl terephthalate.

     

    The Green PET films outperforms other common plastic films in terms of tensile strength, dimensional stability, moisture absorption, and physical property retention across a fairly wide temperature range. It also has better resistance to ultraviolet light, brilliant electrical properties, upright optical clarity, high gloss, and good gas barrier properties.

     

    However, it only has modest moisture barrier properties. It is an excellent choice for high-performance plastic films and sheets and the ideal film for high-quality printing and lamination. It is suitable for applications that require sterilization at high temperatures due to its moderately high melting point.

     

    GLOBAL GREEN PET FILMS MARKET SIZE AND FORECAST

     

    The Global Green PET films market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

     

    NEW PRODUCT LAUNCH

    Polyester films from Sarafil Green Wrap have exceptional dead fold and twist keeping qualities. They are specifically made for packaging candy, chocolate, truffles, lollipops, and other confectionery items.

     

    Outstanding dead fold characteristics. Excellent Twist Retention. Fit for Single and Double Twist Machine runnability thanks to antistatic qualities.

     

    Chlorine Free Gravure and Flexo Printing Compatible Designed for High Speed Equipment (1600 candies/min). Performance Tested on Pactec and Bosch Machines. 

     

    RECENT DEVELOPMENT

     The PET Film Market is primarily driven by the rising demand for flexible packaging. The growing demand for convenient packaging in the pharmaceutical and food and beverage industries is the driving force behind flexible packaging.

     

    Due to its well-established retail segment, the North American polyester films market is anticipated to lead the global polyester films market throughout the forecast period. Due to the optimistic outlook for retail sector growth in the Asia Pacific region, a high growth rate is anticipated.

     

    The expanding market for electronic devices such as mobile phones, LCDs, and a number of others is another factor contributing to the expansion of the PET film market. The use of PET films in the display panels of these electronic devices drives the market for PET films. 

     

    Bio-PET (or even recycle rPET) and other aromatic key players with comparable thermo-mechanical performance and improved barrier properties, such as poly(ethylene 2,5-furandicarboxylate) (PEF) and poly(trimethylene 2,5-furandicarboxylate) (PTF), are currently the subject of debate.

     

    They are ideal for packaging, but they are not limited to. Lignin-based thermoplastic polymers, among other things, are another option; however, the technology involved in this last option is still in its infancy. Despite their typically subpar thermomechanical properties, biodegradable aliphatic polyesters can also be used in applications like the PET fiber industry.

     

    The most advanced renewable polyester, poly(lactic acid) (PLA), is already a commercial reality. Cost-competitiveness is a major obstacle for all examined biobased polymers’ wider application.

     

    In the not-too-distant future, there will most likely be multiple polymers available for use in a variety of PET applications. This evaluation provides an overview of sustainability issues as well as points of view regarding their green synthesis.

     

    In addition, this review takes into account the difficulties that come with recycling polymers and the waste of plastics that builds up in the environment. Due to PET’s non-biodegradability and still inadequate collection and recycling rates, approximately 8 million tons of polymer waste leak into the environment annually.

     

    COMPANY PROFILE

    • Grafix Plastics.
    • Omni W.C., Inc.
    • Griff Paper & Film.
    • Nadco Tapes and Labels, Inc.
    • MBK Tape Solutions.
    • Fabri-Tech Components, Inc.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Green PET Films are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Green PET Films and key vendor selection criteria
    3. Where are the Green PET Films manufactured? What is the average margin per unit?
    4. Market share of Global Green PET Films market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Green PET Films in-house
    6. key predictions for next 5 years in Global Green PET Films market
    7. Average B-2-B Green PET Films market price in all segments
    8. Latest trends in Green PET Films market, by every market segment
    9. The market size (both volume and value) of the Green PET Films market in 2022-2030 and every year in between?
    10. Production breakup of Green PET Films market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
           
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