Blown films are blend of plastics
with polymers which is further transformed into polyolefin plastics,
polyethylene etc. by using the blow filming process used in packaging
industry. Blown films are made up of single layer and have low film
strength. Multilayer blown films
as the name suggests are multilayer films of two or more polymers which
is produced by coextrusion process. Multilayer blown films possesses
properties such as low permeability to oxygen and carbon dioxide, heat
sealability, high film strength, good adhesion, printability properties,
which makes it ideal for food packaging. Multilayer blown films applied
on the surface of packages as a lamination providing additional
strength to the packaging.
The growth of global multilayer blown films market is driven by the demand for effective packaging solutions among various industries. Multilayer blown films with its eminent properties such as high film strength and puncture resistance provides additional strength for packaging. Multilayer blown films are widely used among the food & beverage industries, healthcare and electronics industry. Thus, the augmenting demand for multilayer blown films from these industries are anticipated to supplement the growth of global multilayer blown films market.
Furthermore, increasing demand for FMCG
(Fast Moving Consumer Goods) among the consumers is also contributing to
the growth of global multilayer blown films market to an extent.
Macroeconomic factors such as contribution of flexible packaging to the
GDP and rise in disposable income of the middle class population are
some factors which are driving the market for global multilayer blown
films market.
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Trend noted in the global multilayer
blown films market is the emergence of eleven layer blown films, owing
to the demand for effective packaging in the food industry. In the
latter years, five to seven layer was enough to satisfy the custom
packaging requirements, however, the scenario is changing and customers
are asking for multilayer blown films with enhanced properties such as
protection against sunlight, effective sealing, preservation of flavor
and aroma to name some.
Hence, to address the demand of consumers
the eleven layer blown films is emerging and various R&D activities
are being carried out to make it effective and economic. However,
manufacturing process complexity of multilayer blown films as compared
to monolayer blown films might hamper the growth of global multilayer
blown films market.
Based on the geographies, global
multilayer blown films market is segmented into five key regions- North
America, Latin America, Europe, APAC, and Middle East & Africa.
Among the aforementioned regions, North America accounts for significant
share for multilayer blown films market, owing to the high
concentration of major end-use industries of multilayer blown films such
as food and pharmaceutical industries in the region in comparison with
other regions.
Asia-Pacific market for multilayer blown
films is followed by the North America market for multilayer blown films
market which is trailed by the Europe market for the multilayer blown
films. Asia-Pacific market for multilayer blown films market is
anticipated to exhibit healthy growth rate during the forecast period
among all the regions, owing to the rapid industrialization and
flourishing growth of multilayer blown films end-use industries in the
region. Overall, the global multilayer blown films market is anticipated
to register a healthy growth rate during the forecast period.
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