Metalized Films Market: Size, Share, Growth, Trends, and Forecasts 2016–2024
Sarasota, FL -- (SBWIRE) -- 09/18/2017 -- Metalized Films Market: Overview
Metalized films are covered with a thin layer of metal, which in most of the cases is aluminum. Other metals that can also be used for the coating are chromium, copper, or nickel metal. The coating provides different parameters such as high barrier properties, higher stiffness, glossy appearance, low permeability, and excellent sealing strength.
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Metalized Films Market: Facts
There are developments being made in the metalized films among which are the development of the in-vacuum flexo top-coated metalized film. The lamination and the barrier bond properties are proven out along with different adhesive lamination systems. It is a promising solution for the retort and other demanding flexible packaging applications. It is extremely clean and has no detectable extractable thus helpful in the food industry.
Metalized Films Market: Segmentation
The global metalized films market is fragmented into its type, metal type, material type, film type, printing technology, and the end-user. On the basis of the type, the global market is segregated into gloss voided metalized films, reflective metalized films, transparent metalized films, and voided metalized films. On the basis of the type of the metal used, the market is categorized into copper and aluminum. On the basis of the type of the material used, the market is divided into PET, nylon, polycarbonate, thermoplastic polyurethane, PE, PP, polyimide, and others. On the basis of the film type, the market is bifurcated into multilayer film, three layer film, and two-layer film. On the basis of the printing technology, the market is fragmented into gravure, flexographic, and offset. On the basis of the end-user, the market is segregated into personal care, automotive/industrial, household products, pharmaceutical, and food products.
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Metalized Films Market: Growth Factors
The pharmaceuticals and the food industry require efficient packaging solutions that will help in protecting the products from the surrounding environment this is the key factor that is driving the metalized films market. The metallized films have the same characteristics as that of the aluminum foils and they are a cost-effective solution, thus the demand for the metalized films are increasing. The development of the plural metalized layers is trending in the packaging industry; it increases the moisture resistance of the film. If the food material is kept for a longer duration in the metalized films in contact with the UV light colors are emitted in the food items which cause harmful effect on the human health thus limiting the growth of the market.
Metalized Films Market: Regional Analysis
The increasing penetration of the metalized films in the food sector owing to the increasing demand for the packaged food products has majorly contributed to the growth of the market. In terms of consumption, Europe and North America have the largest share in the market. The region such as Latin America and Asia Pacific will experience a vast expansion in the market owing to the increasing disposable incomes and the high rate of consumption. There is a wide range of opportunities for the growth of the market in the Middle East and Africa region.
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Metalized Films Market: Competitive Players
The key market players that are involved in the metalized films market include Cosmo Films Ltd., Sierra Coating Technologies LLC, Avery Dennison Corp., Accrued Plastic Ltd., Invico S.A., Taghleef Industries Group, Innovia Films Ltd., Jindal Poly Films Limited, Dunmore Corporation, Flex-Film International BV, Polinas Plastik Sanayi ve Ticaret A.S., Polifilm Group, Manucor S.p.A., and Klöckner Pentaplast Ltd.
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