during the forecast period. The overall increase in demand for plastic films & sheets in food packaging, pharmaceutical & medical packaging, and agriculture are driving the global plastic films & sheets market.
New York, March 31, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Plastic Films & Sheets Market by Material Type, Applications and Region - Global Forecast to 2026" - https://www.reportlinker.com/p02719404/?utm_source=GNW The increasing environmental concern and preferences for eco-friendly materials have been driving the demand for biodegradable and water-soluble films. BOPP and BOPET plastic films are also gaining market demand due to their varied applications in food and pharmaceutical packaging. LLDPE accounted for the largest share amongst other material types in the plastic films & sheets market LLDPE accounts for the largest market share of the total market.However, the demand for PA film type is projected to increase at a faster rate in the near future. The market for PA film is driven by its clear and printable thermoplastic nature and other properties such as high melting point, exceptional strength & toughness, and good oxygen barrier. It is also scratch, puncture, and flex-crack resistant and does not dissolve or absorb grease, oil, and acidic food. Packaging segment accounted for the largest market share amongst applications in the plastic films & sheets market Based on application, the plastic films & sheets market is segmented into two broad categories, namely, Packaging and Non-Packaging.Packaging segment accounts for the largest market share of plastic films & sheets market. Packaging segment is categorized into food, pharmaceutical & medical, consumer goods, industrial, and other packaging applications, which include tobacco, personal care, and home care packaging.Food packaging accounts for the largest share in the global plastic films & sheets packaging market and it is also projected to account for the largest share in the forecast period. Non-packaging segment includes agriculture, construction, medical & healthcare, and other non-packaging applications such as electronics, automotive, and industrial. Agriculture is the largest application of plastic films & sheets in this segment. APAC is projected to grow the fastest in the plastic films & sheets market during the forecast period APAC is the largest market for plastic films & sheets.This large market share is primarily attributed to increasing demand for plastic films & sheets in emerging economies, such as India, China, Indonesia, Malaysia, Vietnam, Singapore, and Thailand, in the region. Moreover, growth in population, increasing urbanization rate, changing trends, and increasing disposable income are driving the consumption of food, particularly, packaged foods. In addition, growth in industrialization, increasing demand due to changing demographics, and government initiatives to attract business investments in various industries including packaging, construction, pharmaceuticals, industrial, and electronics are also driving the market for plastic films & sheets in the region. Extensive primary interviews were conducted in the process of determining and verifying sizes of several segments and subsegments of the plastic films & sheets market gathered through secondary research. The breakdown of primary interviews has been given below. • By Company Type: Tier 1 – 25%, Tier 2 – 50%, and Tier 3 – 25% • By Designation: C Level Executives – 20%, Director Level – 30%, Others – 50% • By Region: North America – 20%, APAC – 25%, Europe – 30%, Middle East & Africa – 10%, South America-15%. The key players in the plastic films & sheets market include Amcor PLC (Switzerland), Berry Global Group, Inc. (USA), SABIC (Saudi Arabia), Toray Industries, Inc. (Japan), Sealed Air Corporation (USA), Uflex Limited (India), Toyobo Co., Ltd. (Japan), Jindal Poly Films Limited (India), DuPont Teijin Films (USA), and Oben Holding Group (Peru). These players have established a strong foothold in the market by adopting strategies, such as new product launches, investment & expansions, agreement & collaboration, and mergers & acquisitions. Research Coverage This report covers the plastic films & sheets market and forecasts its market size until 2026.The market has been segmented based on material type, application, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market.The report also provides insights into the driving and restraining factors in the plastic films & sheets market, along with opportunities and challenges across these industries. It also includes profiles for top manufacturers in the market. Reasons to Buy the Report The report is expected to help market leaders/new entrants in the following ways: 1. This report segments the plastic films & sheets market and provides the closest approximations of overall market size for its segments across different verticals and regions. 2. This report is expected to help stakeholders understand the pulse of the market and provide information on key drivers, restraints, challenges, and opportunities influencing the growth of the market. 3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies, such as new product launches, investment & expansions, agreement & collaboration, and mergers & acquisitions. Read the full report: https://www.reportlinker.com/p02719404/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
(Bloomberg) -- U.S. President Joe Biden’s plan to tackle record gasoline prices with an unprecedented release of emergency oil reserves may stifle domestic crude drilling just when it’s needed most. Most Read from BloombergUkraine Update: Russia Says Kyiv Makes Rare Cross-Border StrikeNever Had Covid? You May Hold Key To Beating the VirusPutin Says Gas Exports to Be Halted If Ruble Payments Not MadeU.S. Criticizes India on Russia Talks as Lavrov Visits DelhiBiden Team Weighs a Massive Release of
The Biden administration isn't rethinking its decision to cancel the Keystone XL pipeline in response to rising oil prices, says the White House's top economic advisor.
Toyota and a proposed class of hybrid-vehicle owners have settled a class-action lawsuit in the Eastern District of Texas. The case had originally been set for trial this July before the court-ordered mediation for the parties.
The charts of Qualcomm are weakening. How do the indicators look? In our last review of QCOM back on December 23, we wrote that " We reviewed the charts of QCOM on December 13 and told readers that 'Traders who are long QCOM should raise stops to $172 from $135.
BERLIN/LONDON (Reuters) -Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in roubles from Friday or else have their supplies cut, a move European capitals rejected and which Germany said amounted to "blackmail". Germany, the most heavily reliant on Russia, has already activated an emergency plan that could lead to rationing in Europe's biggest economy.
Energy Transfer LP (NYSE: ET) purchased the Coastal Caverns business, multiple people with knowledge of the deal told the Houston Business Journal.
(Bloomberg) -- Henry, a fund manager, is currently sharing a single bathroom in his office in Shanghai’s financial district with more than 20 people, none of whom have access to a shower. He doesn’t know how much longer he’ll have to do this for.Most Read from BloombergUkraine Update: Russia Says Kyiv Makes Rare Cross-Border StrikeNever Had Covid? You May Hold Key To Beating the VirusPutin Says Gas Exports to Be Halted If Ruble Payments Not MadeU.S. Criticizes India on Russia Talks as Lavrov Vis
The steel industry is part of the basic materials sector and consists of companies involved in steel production, mining, and related activities. Although steel historically has been a major U.S. industry, the number of steel mills that produce the metal has declined sharply in the past several decades due to foreign competition. The World Steel Association forecasts that steel demand will continue to increase this year, but at a much slower pace, rising 2.2%.
The largest-ever release of oil from the country's strategic reserve comes as average gas prices have topped $4 per gallon nationally
Six months after her return to a hero’s welcome in China, Meng Wanzhou is named as one of the company’s three rotating chairmen.
(Bloomberg) -- After years of breakneck growth that catapulted Chinese tech firms into stock market giants, a number of strategists are coming to terms with the new reality of a sector beset by slower expansion and lower earnings. Most Read from BloombergUkraine Update: Russia Says Kyiv Makes Rare Cross-Border StrikeRussia Says Ukraine Choppers Made Rare Cross-Border StrikeUkraine Update: U.S. Steps Up Military, Defense AssistanceNever Had Covid? You May Hold Key To Beating the VirusWill Smith,
(Bloomberg) -- Freeport-McMoRan Inc. and Goldman Sachs Group Inc. share a bullish outlook for copper. They appear to diverge, however, on how much of an impact higher prices would have on supply growth.Most Read from BloombergUkraine Update: Russia Says Kyiv Makes Rare Cross-Border StrikeNever Had Covid? You May Hold Key To Beating the VirusPutin Says Gas Exports to Be Halted If Ruble Payments Not MadeU.S. Criticizes India on Russia Talks as Lavrov Visits DelhiBiden Team Weighs a Massive Release
(Bloomberg) -- Russia’s huge gold industry is searching for new ways to sell its metal, such as exporting more to China and the Middle East, as sanctions choke off its traditional sales routes.Most Read from BloombergUkraine Update: Russia Says Kyiv Makes Rare Cross-Border StrikeRussia Says Ukraine Choppers Made Rare Cross-Border StrikeUkraine Update: U.S. Steps Up Military, Defense AssistanceNever Had Covid? You May Hold Key To Beating the VirusWill Smith, Facing Discipline Over Slap, Quits Fil
Russia’s Vladimir Putin said “unfriendly states” would have to pay for their gas in rubles, not euros or dollars. His follow-through was ambiguous.
The U.S. emergency oil stockpile was created in 1975 to deal with severe supply shocks -such as this one
On the outskirts of the eastern Venezuelan port town of Guanta, hundreds of trucks line up everyday to unload tons of scrap metal, part of the government's attempt to turn waste into a source of foreign currency. The gathering and sale of scrap has been booming due to the financial needs of President Nicolas Maduro's administration, crippled by low oil production as a result of years of under-investment in the industry and obstacles to selling its most lucrative export due to U.S. sanctions. "Venezuela is going to get lighter, because they're removing all the scrap," said Douglas Lugo, a truck driver on the outskirts of Guanta who used to work in the oil industry before he started to transport scrap material.
The Hutto Independent School District board of trustees on March 31 unanimously voted to accept an application for Chapter 313 tax incentives for a possible Applied Materials research and development facility in the fast-growing suburb northwest of Austin. Chapter 313 is a controversial state incentives program used for new manufacturing and energy projects.
Europe and Russia will both lose heavily if President Vladimir Putin follows through on his threat to cut gas supplies to countries he judges "unfriendly" unless they pay in roubles. Even at the height of the Cold War, Moscow never cut gas to Europe, but on Thursday, Putin signed a decree ordering foreign buyers to pay in roubles instead of euros from April 1 or face going without Russian supplies. Although the threat of shortages comes after the peak demand European winter season, Europe still has much to lose when its businesses and households are already reeling from record energy prices, while Moscow could be cutting off one of its main sources of revenue.
U.S. automakers on Friday reported a slump in first-quarter domestic sales, as the entire industry was slammed by chip shortages and disruptions to supply chains. Toyota, which in 2021 upstaged GM as the top-selling automaker in the United States, outsold the company in the first quarter on increased demand for its Lexus hybrid and electric vehicles. South Korea's Hyundai Motor and Kia Motors and Japan's Mazda Motor Corp all posted a drop in overall U.S. quarterly auto sales.
(Bloomberg) -- Oil posted its biggest weekly loss in more than 10 years after the Biden administration ordered an unprecedented release of U.S. strategic reserves to tame rampant prices.Most Read from BloombergUkraine Update: Russia Says Kyiv Makes Rare Cross-Border StrikeRussia Says Ukraine Choppers Made Rare Cross-Border StrikeUkraine Update: U.S. Steps Up Military, Defense AssistanceNever Had Covid? You May Hold Key To Beating the VirusWill Smith, Facing Discipline Over Slap, Quits Film Acade