Metallized films can be defined as polymer films coated with a thin layer of aluminum wire. Metallized films offer a glossy metallic finish of aluminum foil, which is in high demand in pharmaceutical and food & beverages sectors, due to the cost-effective packaging solution offered by metallized films. However, they are also utilized for wrapping films, labeling films, peelable and non-peelable lidding films, etc. These films help reduce weight and cost of the material. Metallized films are manufactured through a metallization that employs aluminum as a raw material for further vapor deposition process. Other than aluminum, metals such as nickel or chromium can also be utilized, which are further heated and evaporated under vacuum.
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Metallized films have a reflective silvery surface, like aluminum foil, and they are considered to be highly combustible. The reflective silvery coating helps reduce the porousness of the film to light, water, and oxygen. Properties of metallized films such as higher strength, the capacity to get heat sealed, and a lower thickness at a lower cost than an aluminum foil offer them a favorable advantage over aluminum foils and covers.
Shift in global packaging market is further anticipated to boost the global demand for metallized films. Additionally, metallized films are also employed to achieve barrier properties, which are needed to increase the shelf-life of the product. Metallized films offer smooth metallic appearance of a polyester film at reduced weight and cost. They are preferred due to their high tensile strength, transparency, reflectivity, gas and odor barrier properties, and electrical insulation. Technological advancements have equipped manufacturers to supply metallized films according to the thickness and width specifications required by end-users. These films are applied to aluminum in order to provide a tough and resilient surface to the application, which helps perform many post-forming operations. Metallized films are available in a large variety of finishes including silver, gold, pewter, and copper. They are abrasion and corrosion resistant. Metallized films are free of hexavalent chrome, heavy metals, and substances of very high concern. They can also be defined as the finest solution when it comes to high gas barrier levels, aroma, and flavor preservation. Manufacturers of metallized films offer a variety of adhesion promoting polyester films along with a combination of plasma gases to obtain excellent metal adhesion, general gas barrier, and a significant improvement of the water vapor barrier.
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Based on end-use industry, the metallized films market can be segregated into food, pharmaceutical, electrical, industrial, and others. Metallized films are widely utilized for food and pharmaceutical packaging. For packaging, metallized films are used in various forms such as pouches, lids, candy wrappers, labels, etc.
In terms of geography, the metallized films market is segregated into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and ROW. Europe and North America are expected to dominate the metallized film market due to expansion of the automobile industry and the increase in demand for packaged food products in the region. Asia Pacific is witnessing an increase in demand for metallized films due to the rise in disposable income and high rate of consumption for packaged foods in the region.
Major players operating in the global metallized film market are Cosmo Films Ltd., Sierra Coating Technologies LLC, Avery Dennison Corp., Accrued Plastic Ltd., Invico S.A., Taghleef Industries Group, Innovia Films Ltd., Jindal Poly Films Limited, Dunmore Corporation, Flex-Film International BV, Polinas Plastik Sanayi ve Ticaret A.S., Polifilm Group, Manucor S.p.A., and Klöckner Pentaplast Ltd.
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
