The calendered polyvinyl chloride (PVC) flexible films market appears poised to reach a value of USD 29,998.5 million by the year 2033. Anticipated to exhibit a steady Compound Annual Growth Rate (CAGR) of 5.5% over the forecast period, the market is currently valued at USD 17,507.2 million as of 2023.
The calendered polyvinyl chloride flexible films are one of the most widely used products for building and construction. Owing to their quality and safety, the sales of calendered polyvinyl chloride flexible films are expected to surge during the forecast period.
Safety becomes a very important parameter when dealing with products in large numbers. The calendered polyvinyl chloride flexible films offer high safety. The presence of chlorine ensures that the product does not ignite easily.
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Apart from the number of advantages offered by calendered polyvinyl chloride flexible films, these are cost-effective as well. Moreover, the ability to be manipulated into desired shapes and sizes is expected to increase the demand for calendered polyvinyl chloride flexible films.
One of the most important benefits of calendered polyvinyl chloride flexible films is that these do not conduct electricity. This allows manufacturers to provide a packing that is both fire and current-resistant.
The calendered polyvinyl chloride flexible films are used in large numbers for the manufacture of tamper-resistant seals. The usage of these seals displays the genuity of the product.
The application of calendered polyvinyl chloride flexible films ensures that the product has no side effects on the environment, as tested by the FDA, CPSC, and ISS. These factors might surge the sales of calendered polyvinyl chloride flexible films in the forecast period.
Key Findings:
The calendered polyvinyl chloride flexible films market is projected to exhibit a steady growth trajectory, with an expected Compound Annual Growth Rate (CAGR) of 5.3% throughout the forecast period. By 2032, the market size is anticipated to reach US$ 28240 million, a significant increase from the US$ 16850 million recorded in 2022. Asia Pacific emerges as the dominant market for calendered polyvinyl chloride flexible films, reflecting the region’s robust industrial landscape. Moreover, within the market segments, consumer goods stand out with the highest market share, indicating a strong demand for these films across various consumer product industries.
Competitive Landscape in the Calendered Polyvinyl Chloride Flexible Films Market
With a view to expand footprints, and to serve many other sectors, the key players are currently involved in mergers and acquisitions. The expansion of the portfolio would ensure that the specialty compounds are included as well, apart from the existing PVC materials.
Teknor Apex June 2022, Teknor Apex announced NEW Sarlink R2 3180 B TPV with 25% recycled content. This multipurpose TPV contains high-quality Post-Industrial Recycled content processes.
Hexis SAS June 2022, Hexis visted La Fabrique in Paris, which is a French school for the decoration and fashion industry. The students created a window display with Hexis products, in line with the 2022 decoration trend
Renolit SE May 2022, Renolit SE and Sobernheimer Rohstoff Kontor Gmbh have founded a joint venture, KAS Kunststoff Aufbereitung Bad Sobernheim GmbH to jointly distribute PVC recyclates derived from production residues.
Key Companies Profiled
The major key players in the Calendered Polyvinyl Chloride Flexible Films Market include Mississippi Polymers, Inc., Teknor Apex Company, Inc., Canadian Specialty Vinyls, South Asia Plastics Group, ACG, Caprihans India Limited, Mondorevive S.p.a., ALFATHERM SpA, HEXIS S.A.S., ZHONGSHAN LIN-YANG PLASTIC CO. LTD., and RENOLIT SE.
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