Flexible PVC Films Market to Surpass US$ 1,700 Mn by 2026; Complete Transparency & Food Traceability to Boost the Clear Flexible PVC Films Segment

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The calendaring segment to dominate the global flexible PVC films market 

The manufacturing technology segment of global flexible PVC films market is divided into calendaring, extrusion, lamination, and others. The calendaring segment is anticipated to dominate the market as it produces better products as compared to extrusion and lamination. Furthermore, calendaring is a preferred manufacturing technology for any changes in color, as it requires minimum cleaning. Moreover, high-quality of products obtained, along with high volume capabilities offer benefits over other technologies.

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Preference for bio-derived hydrocarbon feedstock to drive the packaging segment 

In terms of end-user industry, the market is divided into automotive, packaging, medical, construction, textile, and others. The packaging segment dominated the global flexible PVC films market in 2017, and this trend is anticipated to continue during the forecast period. The segment is projected to drive the flexible PVC films market in the near future due to the introduction of bio-derived hydrocarbon-based flexible PVC films that are eco-friendly and pose less harmful to humans, compared to others.

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Economic growth and increase in population in Asia Pacific to drive the market 

Global flexible PVC films market is divided into major five regions: Latin America, North America, Asia Pacific, Europe, and Middle East & Africa. The flexible PVC films market in Asia Pacific is anticipated to expand at a CAGR of more than 4.0% due to continuous demand for and usage of flexible PVC films in various end-use sectors across the region. The region offers immense growth opportunities to the flexible PVC films market. China dominates the market in the region due to the expansion of end-user industries, particularly the packaging industry, and high growth potential for the market in India, Vietnam, and Indonesia. The packaging industry is the major consumer of flexible PVC films in Asia Pacific.