DUBLIN, June 28, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Plastic Films Market 2016-2020" report to their offering.

The global plastic film market is forecast to grow at a CAGR of 5.31% during the period 2016-2020.

Commenting on the report, an analyst from the research team said: One trend that is expected to fuel the growth of the global plastic films market is the emergence of green plastics. Green plastics are mainly biodegradable and are easily decomposed by microorganisms, thereby reducing the toxic effect they have on the environment compared to conventional plastics. They are not necessarily completely made from renewable materials but are plastics made from petrochemicals with biodegradable additives.

According to the report, rapid urbanization and increased health awareness are the main factors driving the growth of the healthcare industry. An increase in per capita income has elevated the purchasing power of people worldwide, which has had a major positive impact on the global healthcare market.

Further, the report states that there is increased competition for plastic films in the market because of the presence of various substitute forms of packaging materials, such as paper and aluminum foil. In industrial applications, aluminum is preferred over plastic because of its absolute chemically inert and heat-resistive properties, which might hinder the growth of the global plastic films market.

Companies Mentioned:

• Amcor
• AEP Industries
• Berry Plastic
• British Polythene Industries
• Jindal Poly Films
• Achilles USA
• Balcan Plastic
• Bemis
• Clopay Plastics
• Eurofilm Mantzaris
• Gunze
• Inteplast Group
• National Plastic Film Company
• SABIC Innovative Plastics
• Taghleef
• Toray Industries
• Toyobo
• Tredegar
• Vibac Group

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by materials

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Other prominent vendors

PART 15: Appendix

PART 16: About the Author

For more information visit http://www.researchandmarkets.com/research/72dfcw/global_plastic

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SOURCE Research and Markets