What is Water Soluble Films Market Scope?
Water-soluble films are manufactured from polyvinyl resins, also called PVA/PVOH films. These films possess a good heat sealing property and printability, hence are highly preferred for packaging purpose. The material also provides benefits such as high solvent resistance and gas barrier performance. These benefits of the films make it acceptable across applications such as packaging, pharmaceuticals, agricultural chemicals, and hygiene purposes.
The Water Soluble Films market study is being classified by Type (Hot water Soluble and Cold Water Soluble), by Application (Chemical (Detergent, Water Treatment Chemical), Agrochemical, Pharmaceutical, Food, Packaging and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that Vendors from Japan will contribute to the maximum growth of Global Water Soluble Films market throughout the predicted period.
Kuraray Co. Ltd. (Japan), Cortec Corporation (United States), Sekisui Chemical Co. Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), Aicello Corporation (Japan), Neptun Technologies GmbH (Germany), Medanos Claros S.A. (Spain), Arrow Greentech Ltd. (India), Mondi Group (United Kingdom) and Changzhou Greencradleland Macromolecule Materials Co. Ltd. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are AMC (UK) Ltd. (United Kingdom), Noble Industries (India) and Guangdong Water Soluble Proudly Co. Ltd. (China).
Analyst at AMA have segmented the market study of Global Water Soluble Films market by Type, Application and Region.
On the basis of geography, the market of Water Soluble Films has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In October 2020, Cortec Corporation has announced the production of its patented EcoSol water-soluble pouches at the company's European bioplastics plant located in Croatia. This expansion will aim to deliver and meet the needs of customers from Europe and Asia.
Influencing Market Trend
- Eco-friendly and Biodegradable Water Soluble Films
- Growing Demand from Packaging and Food & Beverage Industries
- Rise in Demand from Pharmaceutical Industry owing to the Production Of Single & Unit Dose Packaging
- Increased Demand from the Agriculture Industry
- Increasing Research and Developments such as Edible Water Soluble Film
- Growing Awareness toward Plastic Pollution
- Availability of Substitutes and the High Cost of Production
Key Target AudienceWater Soluble Films Manufacturers, Raw Material Suppliers, Traders/Exporters/Importers, Research Institutes, End-Use Industries and Others
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