Global Blown Film Extrusion Machinery Market By Type (3 Layer Blown Film Extrusion Machinery, 7 Layer Blown Film Extrusion Machinery, and  Other Types), By Application (Industrial Packaging, Food & Beverages, Consumer Goods, Pharmaceuticals, and Other Applications), 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.

Global 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. Different types of polymers that are used in blown film extrusion process, such as polyethylene, polypropylene, etc.

which 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

Source: Prudour, 2021

The pharmaceutical industry's steady expansion, aided by the government's assistance, has resulted in high demand for blown film. These films are heavily used for packaging medical products, which in turn, is likely to create lucrative opportunities for the global blown film extrusion machinery market.  High 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 pandemic, a considerable gap between market supply and demand is being created, resulting an increasing difficulties for both manufacturers and distributors to effectively manage their respective operations, which acts as a major element that is expected to affect revenue growth possibilities in the future

Global Blown Film Extrusion Machinery Market Attractiveness Analysis by Type, 2022–2031

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
• 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

For the Blown Film Extrusion Machinery Маrkеt research study, the following years have been considered to estimate the market size: