The widespread impact of the COVID-19 (coronavirus) pandemic has fueled the demand for transparent and stretchable PVC (Poly Vinyl Chloride) films. The meat packaging industry and other industries dealing in fruits and cold cuts are creating revenue opportunities for companies in the flexible PVC films & sheets market. Brazilian plastics manufacturer Alpes is innovating in flexible PVC films, which contain silica and silver nanoparticles— a technology developed and licensed by Nanox.
On the other hand, flexible PVC films & sheets are in high demand for making isolation curtains, counter curtains, and driver isolation sheets, among others. However, uncertainties in supply of raw materials and workforce management are likely to affect manufacturers in the flexible PVC films & sheets market during the COVID-19 pandemic.
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Legislation and Improved Additives Enhancing Quality of Flexible PVC Materials
Sustainability is the new buzzword in the flexible PVC films & sheets market. Perstorp AB— a manufacturer of specialty chemicals, is innovating in sustainable flexible PVC materials that offer excellent cost performance ratio. Sustainable PVC sheets are replacing hygiene standards in hospitals, car seats, and leather jackets. These sustainable sheets are gaining prominence in cables and handbags, where manufacturers can move away from fossil-based raw materials.
PVC films & sheets are gaining popularity for their durability and cost efficiency. Manufacturers in the flexible PVC films & sheets market are tapping into incremental opportunities in cable insulations, artificial leather, vinyl flooring, automotive interiors, etc. Stringent legislation and improved additives are enhancing the quality of flexible PVC materials.
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Lack of Options in Single Polymer Group Create Window for Business
The flexible PVC films & sheets market is projected to cross the valuation of US$ 8.8 Bn by the end of 2030. The food packaging industry is one of the key revenue generating industries for manufacturers. However, there are not many options in single polymer group or super-plastics that meet a multitude of performance requirements. Hence, companies in the flexible PVC films & sheets market are increasing their R&D to improve their production capabilities in single polymer group.
In order to gain a competitive edge, companies are innovating in solutions that are single polymer group, affordable for manufacturers and demand few changes in machinery. Companies are developing films and sheets, which are accepted by municipal recycling systems.
Plasticized Vinyl Gains Popularity as Vegan Leather in Fashion Industry
Apart from packaging and medical applications, PVC is being highly publicized in the fashion industry. The trend of vinyl fashions is generating value-grab opportunities for manufacturers in the flexible PVC films & sheets market. Even fireman jackets and raincoats are catalyzing the demand for flexible PVC materials. PVC coated fabrics are being extensively used in clothing application such as haute couture fashion.
PVC is being known as the new vegan leather in the flexible PVC films & sheets market. Traditional leather in shoes, jackets, and bags is being replaced with flexible plastic materials. Animal-friendly attributes of plasticized vinyl are grabbing the attention of fashion designers.
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