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Mumbai,
March 3, 2007:
According to a new report titled "Specialty
Films industry forecasts to 2010 & 2015" distributed by
Mumbai based distributors Bharat Book Bureau,
mentions
that the demand for specialty films is forecasted to advance
4.8 per cent per year to $ 7.3 billion in the year 2010.
The report mentions that the gains will be driven by
increasing performance requirements in a number of markets,
which will necessitate the use of higher value specialty
materials in films.
In addition to this, new technologies such as modified
atmosphere and case-ready packaging will fuel the advances,
as will the improved processing methods in coating and
metallization. Also, the demand will benefit from emerging
products and markets for specialty films, like biodegradable
trash bags and soluble oral delivery products. Further gains
will be inhibited by market maturity or weak demand in a
number of specialty film applications, including PVC
decorative films, breathable films for personal care
products and interlayer films for motor vehicle windows.
Also, barrier films are the largest segment of the specialty
films industry, with it accounting for half of the total
demand in 2005. These opportunities will further spur the
advances for plastic films such as ethylene vinyl alcohol,
nylon and polyvinyl chloride etc, which are used in the
construction of barrier films.
Additionally, the improvements in metallization technologies
are allowing metallized films to become a cost-effective
replacement for film / foil and film / paper laminates in a
number of food packaging applications. The rapid growth in
specialty films will occur in biodegradable and water
soluble films, which will see double digit gains from from a
small base. Also, the demand for biodegradable films, which
are used to produce compostable kitchen and lawn bags, will
benefit from environmental concerns and increased
commercialization of bio-based polymers. Water soluble film
demand will receive a boost from the introduction of
medicinal and health products in dissolvable thin film form.
For more information kindly visit:
http://www.bharatbook.com/bookdetail.asp?bookid=8063
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