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Rigid Vinyl Films Market: Global Opportunity Analysis and Industry Forecast 2020–2027

A06921
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Sep 2020 | 28 Views
 
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Rigid Vinyl Films Market Analysis 2020-2027:

The market for rigid vinyl films is expected to witness robust growth, due to rise in applications of polyvinyl films across various industries. The films produced from polyvinyl chloride are available in a flexible and rigid forms. Polyvinyl films, after polyethylene and polypropylene, are the most widely produced synthetic plastics. They are high-grade plastics, which are used for technical purposes with high dimensional consistency and superior plasticity. At room temperature, rigid polyvinyl chloride is called rigid vinyl film, and polyvinyl chloride with plasticizers incorporated is referred as flexible vinyl film. Rigid vinyl films are used where operating temperature is above 60°C. These films exhibit high mechanical strength and electrical & chemical resistance. Furthermore, rigid vinyl films are affordable as compared to available alternatives. They are used to waterproof various products such as car interiors and shoes. The flexibility of printing on the rigid vinyl films makes it convenient for manufacturers and customers.

 

Market scope and structure analysis

                         Report Metric

                             Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

 Product, Application, and Region

  Regions covered

North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and the Rest of LAMEA)

  Companies covered

Tekra Corporation, Piedmont Plastics, Inc., Grafix Gmbh, Curbell Plastics, Inc., Teknor Apex Company, Inc., Southeast Asia Plastic Enterprise Co., M-Mark Products Inc., Emco Industrial Plastics, Inc., Johnson Plastics & Supply Co. Inc., and Adams Plastics

 

Key drivers of global rigid vinyl films market

Major factors driving the demand for rigid vinyl films market include recovery in construction, automotive, packaging, and electrical industries. Rigid vinyl films are widely adopted for use in manufacturing of films, bottles, pipes, wires, fittings, sheets, profiles, cables, and tubes, which is a key factor contributing toward the growth of the global market. In addition, surge in demand for rigid vinyl films, owing to their improved physical properties and stronger chemical sensitivity boosts the growth of the market, globally. The dimensional stability at high temperature offered by the rigid vinyl films makes them ideal for numerous applications such as thermoforming and die-cutting.

Market scenario: opportunities and challenges

The growth of the global rigid vinyl films market is majorly driven by increase in adoption of rigid vinyl films, due to their superior plasticity and enhanced moisture absorbing properties. Several companies are introducing rigid vinyl films goods with accelerated technical growth, as they exhibit various properties such as resistance to abrasion, weightlessness, high mechanical strength, and prolonged durability. However, due to flexibility in nature of properties, rigid vinyl films have several drawbacks such as they become hard in cold conditions and soft under high temperature. This duality in nature replicates the property of rigid vinyl film, which destabilizes the strength of the seal. Moreover, rigid vinyl films are non-biodegradable, which creates obstacles for the growth of the market. Conversely, rigid vinyl films can be recycled. 

Key segments covered

                                Segment

                                  Subsegment

  Product

  • By Transparency
        • Clear Rigid Vinyl
        • Opaque Rigid Vinyl
  • By Glossiness
        • Gloss/Gloss Type
        • Matte/Matte Type
        • Embossed/Matte Type
        • Embossed/Gloss Type

  Application

  • Packaging
  • Printing & Lamination
  • Signage and Pop Displays
  • Construction
  • Automotive
  • Protective Overlay
  • Offset Printed Cards
  • Other

 

COVID-19 scenario analysis

Owing to the outbreak of COVID-19 pandemic, the global rigid vinyl films market is expected to witness slowdown during the forecast period. Governments of various countries have implemented lockdown, which has led to shutdown of factories in scores of cities and provinces across the world, thus leading to predictions of a sharp slowdown in the output from printing industry to construction sector. In addition, rigid vinyl films industry is anticipated to experience a direct impact for the next one or two years, if the growth of the construction sector declines, as it is one of the key consumers of rigid vinyl films. Moreover, companies are dealing with missing sales and disrupted supply chains as production activities shutdown.

Key benefits of the report

  • This study presents the analytical depiction of the global rigid vinyl films industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global rigid vinyl films market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global rigid vinyl films market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the global rigid vinyl films market research report:

  • Which are the leading market players active in the global rigid vinyl films market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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