Blown Film Extrusion is an established process which is used to manufacture a wide range of commodity & specialized plastic films for the packaging industry. Also known as Film Blowing Process, this extrusion process generally comprises extrusion of molten thermoplastic tube and its constant inflation to several times of its initial diameter. This forms a thin, tubular product which may be used directly, or indirectly by slitting it to create a flat film.
The classification of Blown Film Extruder includes 5 Layers, 3 Layers, 7 Layers and Other, and the proportion of 5 Layers in 2016 is about 48%, and the proportion is in decreasing trend from 2012 to 2016.
Europe region is the largest supplier of Blown Film Extruder, with a production market share nearly 60% in 2016. China is the second largest supplier of Blown Film Extruder, enjoying production market share nearly 25% in 2016.
Europe is the largest consumption place, with a consumption market share nearly 37% in 2016. Following China, China is the second largest consumption place with the consumption market share of 28%.
According to this study, over the next five years the Blown Film Extruder market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 1190 million by 2024, from US$ 890 million in 2019.
Global Blown Film Extruder Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Blown Film Extruder Industry report also provides essential attributes associated with Blown Film Extruder market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Blown Film Extruder Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Blown Film Extruder business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Blown Film Extruder market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
KUNG HSING PLASTIC
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
Consumer& Food Packaging
The prospective of this Blown Film Extruder industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Blown Film Extruder present market share and future prospects of the segment in terms of has also been explored in this report.
Global Blown Film Extruder market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Blown Film Extruder report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Blown Film Extruder Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.