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Global Cast Polypropylene (CPP) Film Market Growth Opportunities, Industry Analysis, Geographic Segmentation and Competitive Landscape Report to 2023
Cast Polypropylene (CPP) Film Market- Global Opportunity Analysis and Industry Forecast, 2017-2023
Cast polypropylene, commonly known as CPP, is produced through the casting process. It is popular for its high transparency, high impact strength, heat sustainability, high moisture barrier, dimensional stability, and printability. It is used as a packaging material to increase the shelf life of products such as food, apparel, cosmetics, pharmaceutical, and others.
Key Market Players are Profol Group, Mitsui Chemicals, Zhejiang Yuanda, Shanxi Yingtai, Hubei Huishi, UFLEX, Manuli Stretch, Alpha Marathon, Panverta, Polibak
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The demand for food has increased across the globe over the past few decades. According to the Food and Agriculture Organization of the United Nations, roughly one-third of the food produced for human consumption is wasted globally. Cast polypropylene films provide extended shelf life of food products and transported to targeted consumers while maintaining the quality and efficacy.
In addition, these provide safe and efficient transport of pharmaceuticals, vaccines, and other temperature sensitive drugs. Increase in R&D activities by various market players to produce biodegradable CPP is expected to present lucrative opportunities for the market growth. However, stringent government regulations towards volatile organic compound (VOC) emissions and packaging wastes are expected to hamper the market growth.
The global cast polypropylene (CPP) film market is segmented based on product type, application, and geography. Based on type, the market is categorized into general CPP films, retort CPP films, metalized CPP films, and others. Based on application, the market is divided into food packaging, textile packaging, drug packaging, and others. The report analyzes the market trends across various regions such as North America, Europe, Asia-Pacific, and LAMEA.
- The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global cast polypropylene (CPP) film market to elucidate the prevailing opportunities and potential investment pockets.
- It offers qualitative trends as well as quantitative analysis for the period of 20162023 to assist stakeholders to understand the market scenario.
- In-depth analysis of the key segments demonstrates the product type of cast polypropylene (CPP) film and its application.
- Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
- The key players in the market are profiled along with their strategies and developments to understand the competitive outlook of the industry.
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