The global polyvinylidene chloride (PVDC) coated films market is expected to witness significant growth over the forecast period on account of its rising demand in food and beverage industry owing to its properties such as superior barrier to gas, aroma and oxygen. The product is used in food & beverage industry for labelling and packaging.
The product helps in ensuring the shelf life, taste and aroma of food products, thus solving the major problem of food industry. Additionally, packaging made from polyvinylidene chloride (PVDC) coated films utilizes less paper when compared to rigid packaging. The package even required less shelf space to store and enhance the aesthetic appearance of the product. This has resulted in increased demand for the material in the market.
Polyvinylidene chloride (PVDC) coated films are also gaining popularity in pharmaceutical industries, which is further driving the growth of the market. The manufactures prevailing in pharmaceutical industry are focusing on using packing with high barrier properties to prevent the packages from contamination. Moreover, for the packaging of medicines the product can be toned down for the purpose of reducing the exposure of light, this is further expected to increase its demand in pharmaceutical industry.
Polyvinylidene chloride, a synthetic resin that is manufactured by polymerizing vinylidene chloride. The coated films made from PVDC delivers superior ability of heat seal coupled with high moisture and gas barrier properties. Furthermore, the product also offers water absorption, lo stretch and bond strength.
Material wise, polypropylene material is expected to gain highest market share over the forecast period on account of its properties such as moisture resistance couple with high strength to prevent the impact of harmful pollutants and chemicals. Application wise, the packaging application is expected to grow at a highest pace for the forecasted period owing to the rising R&D activities by the manufactures to develop chlorine free PVDC coated films for packaging application. Asia pacific is expected to dominate the market and also witness high demand for the product over the forecast period owing to the rising demand for polyvinylidene chloride (PVDC) coated films in developed and developing countries of the region such as India, China and Japan. Various industries such as healthcare, personal care and food & beverages are witnessing growth in Asia Pacific countries, which in turn is expected to boost the product demand in the region.
The major players in polyvinylidene chloride (PVDC) coated films market include Polinas, Perlen Packaging AG, and Unitika Ltd. The manufactures prevailing in the market are focusing on increasing production capacities in order to cater to the rising demand for PVDC coated films. Additionally, the high capital investment required for the manufacturing of product is expected to hamper the entry of new players in the market.
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