Materials & Chemicals Market Research News

Research delivers insight into the polyolefin (POF) shrink film market to grow at 6.00% CAGR growth report by 2022

Materials & Chemicals Research

Polyolefin (POF) shrink film market is latest trend gaining momentum increasing use of bio-based POF.

The analysts forecast global polyolefin (POF) shrink film market to grow at a CAGR of 6.00% during the period 2018-2022.

The implementation of bio-based, renewable, and sustainable materials for industrial application is being pursued continuously by multiple research entities and manufacturing companies. For example, the effective separation of carbon dioxide from sugarcane plantation, which is then converted to green POF, reduces greenhouse gas emissions.

Manufacturers, consumers, and government officials are combining efforts to promote the development and acceptance of such products.

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Key players in the global polyolefin (POF) shrink film market: Exxon Mobil, LyondellBasell Industries Holdings, SABIC, Sealed Air, and SYFAN USA. POF is a class of polymer produced from a simple olefin.

Shrink film, also known as shrink wrap, is a material made up of polymer plastic film. When heat is applied, it shrinks tightly to form a layer of packaging and protection over the product it is covering.

The report covers the present scenario and the growth prospects of the global polyolefin (POF) shrink film market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of polyolefin (POF) shrink film.

The market is divided into the following segments based on geography:

- Americas

- APAC

- EMEA

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The report, Global Polyolefin (POF) Shrink Film Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Market driver
- POF products are recyclable
- For a full, detailed list, view our report

Market challenge
- Fluctuation in raw material prices
- For a full, detailed list, view our report

Market trend
- Increasing use of bio-based POF
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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