Cellulose Film Market Insights, Forecast to 2025
Verfasser: riyasharma24mr on Monday, 3 June 2019Cellulose film is derived from natural cellulose with raw materials such as wood pulp and cotton pulp, by the chemical process of alkalization, xanthation and casing etc. It is different from common paper in its good softness and transparency. It is just like glass. Its low permeability to air, oils, greases, bacteria, and water makes it useful for food packaging, tobacco packaging, pharmaceutical packaging and cosmetic packaging among others.
The industry is highly concentrated, with fewer than 10 companies worldwide. These companies are mainly concentrated in China, Japan and the United Kingdom. The high-end market was once monopolized by Japanese and British companies for a long time. In 2016, Japanese companies acquired Innovia Films cellulose business. In addition, Shandong Henglian New Materials Co., Ltd. has made breakthroughs in research and development in recent years. At present, high-end products are mainly in the hands of these two companies.
Due to environmental issues, the government has tightened controls on companies, resulting in a 10% to 15% increase in the price of products in 2018 compared to the same period last year. At present, there is a phenomenon of tight supply in the market. Our analysts believe that with the government's control and strict internal requirements, it is expected that prices will return to normal in the future, with a 1% to 2% decline (The maturity of technology and the control of costs) every year.