Due to Increasing Demand from Stationery Applications, the PET Film Market to Grow Worldwide in Forecast Period by 2017-2022


Global PET Film Market is expected to grow at a higher CAGR in the estimated period. Polyester films are commonly referred as PET or polyethylene terephthalate which is a thermoplastic polymer and which can be biaxially oriented or bubble extruded. It is one of the most typical substrates used in converting industry due to its balancing properties relevant with other thermoplastic polymers. Particularly, biaxially oriented polyester films is used for packaging in different forms such as bare films without metalizing, moisturized films lacquered in distinct colors, bare and metalized polyester films laminated with several substrates such as LDPE and gauge thickness, distinct types of glasses and paper board. Aluminum foils that encompass bare PET films and both bare and metalized polyester films with heat seal lacquer coatings.

PET films processing is easy for packaging owing to their unique and excellent properties in comparison with any other film that provide high efficiency in lamination process, printing, bag making and automatic packaging. One of the major applications of PET films is to act as a substrate for magnetic tape, including computer tape, instrumentation tape, sound tape, video tape as well as tape in open reels, cartridges and cassettes. Since magnetic tape substrates have high tensile strength at any dimensions, they can easily slit, give excellent roll formation and enable low static content.
Properties linked with PET films make it a desirable substrate for industrial tapes. End use such as industrial strapping and reinforcement tapes, pressure sensitive electrical and packaging tapes and PET films is extensively used in stationery applications such as book covers, edge reinforcements, decorative films, and index tabs.

PET Film market is driven by factors such as rising technological developments. Geographically, the PET Film Market spans North America, Latin America, Europe, Middle East, Asia-Pacific and Africa. APAC market dominates the global scenario in terms of production. Europe and North America is expected to follow the trend in the predicted period. Middle East and African regions are also expected to grow in the predicted period owing to rising use of PET films for packaging.


The key players in the PET Film market include Mitsubishi, SKC, Sichuan em technology, KOLON Industries, Toray, Coveme, TOYOBO, Ester, Nan Ya, Jiangsu Shuangxing, DuPont Teijin, Zhejiang great southeast, Nanjing Lanpucheng, Jiangsu zhongda, Jiangsu yuxing, Shaoxing Xiangyu, ZheJiang CiFu, Shaoxing Weiming, DuPont Hongji, FFHL, ZiDong, Hefei Lucky, Tianjing Wanhua, Zhejiang Zhongfa, Yihua Toray and Ningbo Sun plastics.

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