Global Blown Film Extrusion Machinery Market By Type (3 Layer Blown Film Extrusion Machinery, 7 Layer Blown Film Extrusion Machinery), By Application (Industrial Packaging, Food & Beverages, Consumer Goods, Pharmaceuticals), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Global Blown Film Extrusion Machinery Market is driven by increasing 3 Layers co-extruded blown films role in the packaging industry

Market.US announces publication of its most recently generated research report titled, “Global Blown Film Extrusion Machinery Market by Type (3 Layer Blown Film Extrusion Machinery, 7 Layer Blown Film Extrusion Machinery, and  Other Types), Application (Industrial Packaging, Food & Beverages, Consumer Goods, Pharmaceuticals, and Other Applications), and by Region – Global Forecast 2021 to 2031”, which offers a holistic view of the Global Blown Film Extrusion Machinery Market through systematic segmentation that covers every aspect of the target market.

The Blown Film Extrusion Machinery Market is projected to be US$ 2,563.7 Mn in 2021 to reach US$ 4,057.8 Mn by 2031 at a CAGR of 4.8 %.

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Blown films extrusion is a polymer manufacturing process which is used to produce specialized polymer films. These films are widely utilized in packaging such as stretch, shrink, barrier films, frozen-food packaging, and even shopping bags. There are several types of polymers that are used in blown film extrusion process, such as polyethylene, polypropylene, etc.

This process typically involves extruding a tube of molten polymer through a die, inflating it several times over initial diameter to form a thin film bubble. This bubble is then collapsed and used as a lay-flat film or can be made into bags.

There are various added advantages of manufacturing film with the help of the blown film extrusion process including the ability to manipulate the mechanical properties of the final plastic based on the process conditions and base polymer(s) used.

Global Blown Film Extrusion Machinery Market Revenue (US$ Mn), 2021–2031

The pharmaceutical industry's steady expansion, aided by the government's assistance, has resulted in an increase in demand for blown film. These films are commonly used to package medical items, which means that the worldwide blown film extrusion machines market is expected to be lucrative.

The constant rise in demand for plastic films for freezing food, as well as the growing use of thin plastic films to cover consumer products, are expected to boost revenue growth of target market.

The constant increase in demand for plastic films for preserving frozen food, as well as the growing use of thin plastic films to cover consumer products, are expected to boost revenue growth prospects in this target market.

High costs associated with blown film extrusion technology, as well as growing consumer demand for "green" packaging, are expected to limit market growth possibilities for this industry to some extent. Due to COVID-19 pendamic, a considerable gap between market supply and demand is being created, resulting it increased difficulties for both manufacturers and distributors to effectively manage their respective operations this is a major element that is expected to affect revenue growth possibilities in the future.

Global Blown Film Extrusion Machinery Market Attractiveness Analysis by Type, 2015–2031

Segmentation of the global blown film extrusion machinery market is achieved under the following - type, application, & region. On the basis of type, the market is further categorized into 3 Layer blown film extrusion machinery, 7 Layer blown film extrusion machinery, and other types. Among all the type segments, the 3 Layer blown film extrusion machinery segment is expected to register the highest CAGR of over 5.6%, followed by other types. In terms of application, the market is segmented into industrial packaging, food & beverages, consumer goods, pharmaceuticals, and other applications.

Amongst application segments, the industrial packaging segment in the blown film extrusion machinery market is estimated to account for a majority revenue share of 26.1% in 2021 end. The blown film extrusion machinery market is segmented region-wise into North America, Europe, Asia-Pacific, South America, and the MEA, respectively.

APAC market is expected to dominate the global blown film extrusion machinery market, followed by the North America region. It is expected to account for the largest market revenue share as compared to that of markets in other regions.

The research report on the Global Blown Film Extrusion Machinery Market includes profiles of some of the major companies such as Davis-Standard, Windsor Machines Inc.,Fong Kee International Machinery Co. Ltd., Alpha Marathon Film Extrusion Technologies Inc., POLYSTAR MACHINERY CO., LTD., Kung Hsing Plastic Machinery Co., Ltd., Plasco Engineering Inc., Chyi Yang Industrial Co., Ltd., Vikrant Industries, GAP Italy, and others.

Global Blown Film Extrusion Machinery Маrkеt Segmentation Based on Type, Application, and Region

Based on Type:

• 3 Layer Blown Film Extrusion Machinery
• 7 Layer Blown Film Extrusion Machinery
• Other Types

Based on Application:

• Industrial Packaging
• Food & Beverages
• Consumer Goods
• Pharmaceuticals
• Other Applications

Based on Regions:

• North America
• Europe
• Asia Pacific
• South America
• MEA

Based on Key Players:

• Davis-Standard
• Windsor Machines Inc.
• Fong Kee International Machinery Co. Ltd.
• Alpha Marathon Film Extrusion Technologies Inc.
• POLYSTAR MACHINERY CO. LTD.
• Kung Hsing Plastic Machinery Co. Ltd.
• Plasco Engineering Inc.
• Chyi Yang Industrial Co. Ltd.
• Vikrant Industries
• GAP Italy
• others

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