Growing Circular Economy is Expected To Surge the PCR Films Market Demand


PCR Films Market Forecast and CAGR

Consumers’ inclination towards sustainability practices is surging as the post-consumer recycled PCR films demand it as they are safe and secure with excellent thermoforming characteristics to reach the sustainability goals.

Moreover, these PCR films are manufactured in a controlled environment to the strictest current GMP standards to increase global production redundancy, therefore, escalating PCR films demand globally.

Additionally, close-the-loop packaging solutions helping to promote sustainable solutions adoption amongst manufacturers for the contribution of reduction in plastics that are entering the environment as waste. Hence, flexible packaging industries are helping in creating viable circular systems for flexible plastics.

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PCR Films: Market Segmentation

  • Based on product, the PCR films market can be segmented as

    • Aluminium
    • Polypropylene
    • Polyolefin
    • Polyester
    • Others
  • Based on end-user application, the PCR films market can be segmented as

    • Biology
    • Research and Study
    • Medical
    • Others
  • Based on PCR content, the PCR films market can be segmented as

    • 20% PCR
    • 35% PCR
    • 50% PCR
    • 75% PCR
  • Based on region, the PCR films market can be segmented as:

    • North America
      •  U.S. and Canada
    • Latin America
      • Mexico, Brazil, Peru, Chile, Argentina and others
    • Western Europe
      • Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
    • Eastern Europe
      • Poland and Russia
    • Asia Pacific
      • China, India, Japan, South Korea, Malaysia, Indonesia, Australia, and New Zealand
    • The Middle East and Africa
      •  GCC, Southern Africa, and North Africa
Increased awareness about end of life options, contemplations for assortment logistics, and mounting concern the environmental impacts of challenging single-use plastics.

Moreover, there is a rising affinity to look at the complete product’s lifecycle. This is keen-sighted more thought put into policy, business models, and logistics to ensure a product is recycled. A concentration on the end-of-life options for packaging is seeing improved attentiveness of the value of reutilizing, predominantly over composting.

New Flexible Packaging Trends to Drive PCR Films Demand Globally

With increasing stringent government regulations, and changing environmental stresses, manufacturers are steering the policies toward leveraged innovative plastic technologies to improve sustainable and recyclable solutions which include definite properties such as easy-tear propagation and chemical resistance.

Moreover, significant areas for manufacturers comprise the improvement of substitute bioplastics solutions such as bio polypropylene and polybutylene succinate, along with the price and removal of bioplastics, which needs to be examined to safeguard successful usage.

PCR Films Market: Key Players

Some of the key players manufacturing PCR films are as follows

  • National Scientific
  • Vitl Life Science Solutions
  • BioPointe Scientific
  • Eppendorf
  • Brooks Life Sciences SSIbio
  • Starlab
  • Green BioResearch
  • Bio-Rad
  • Excel Scientific
  • PlateSeal

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