Coated Film Market Definition
Coated film refers to any thin film covering products and components that may be functional or decorative. It is created by processing film-forming materials, pigments, and other additives and applying them to various surfaces to be later cured or dried, leaving behind a thin layer. In most processes, a low-viscosity liquid coating is applied to a base material and cured to a solid, polymer-based adhesive film with the necessary properties. Coated films are widely used in many industries, including packaging, pharmaceuticals, and component manufacturing, due to their low seal threshold, dimensional stability, high tensile strength, and optical properties.
Structure
The coated film market is segmented by type into PVA coated film, PVDC coated film, acrylic coated film, and others. By application, the market is divided into food packaging, pharmaceutical packaging, cosmetics packaging, electronics packaging, and other sectors. The major players in the market include Asahi Kasei, Kureha, Shuanghui, SKC, Innovia Films, Juhua Group, Cosmo Films, Zhejiang Yibai Packaging Materials, Chiripal Poly Films, Vibac Group, Wuxi Boli Packing Material, B.C. Jindal Group, Unitika, Polinas, Vacmet, Caprihans, RM TOHCELLO, Kuraray, and Anhui East New Materials.
Additional Information
Substantial growth in several industries, including food and beverages, pharmaceuticals, and electronics, drives demand in the coated film market. Coated film is widely used in these sectors for various functional and aesthetic reasons. However, the high cost of production and environmental concerns, especially around the lack of recyclability of multi-layer polymer materials, restrict growth in the market. However, the advent of removable films in certain industries is an opportunity for growth to mitigate the environmental impact of unrecyclable coated films.
