High Demand from Fashion Industry to Replace Leather to Open Plethora of Opportunities for the Flexible PVC Films & Sheets Market, Growing Use in Haute Couture Fashion to Accelerate its Uptake in the Industry: TMR

ALBANY, N.Y., March 17, 2021 /PRNewswire/ -- PVC films and sheets refer to those flexible materials that can be utilized for an extensive range of applications. Synthetic leather, vinyl records, credit cards, cling films, packaging, vehicle interiors and vehicle interiors, stationery, roofing membranes, durable flooring, cable and wire insulation, and so on. Such extensive scope of usage is likely to foster growth of the global flexible PVC films & sheets market over the timeframe of analysis, from 2020 to 2030.

PVC is an excellent all-around framing content, according to the new 'Green Guide to Specification' by Building Research Establishment Ltd. PVC-U windows received a 'A+' rating in a commercial set up and a 'A' rating in a domestic  environment. PVC-U windows are considered one of the most energy-efficient options available in the market. Flexible PVC films and sheets find extensive use in the development of sports facilities. These films and sheets are widely utilized in athletic equipment and wear, stadiums and different sporting venues. Flexible PVC films and sheets have a composition and structure that allows them to be mechanically recycled with relative ease, resulting in high-quality recycling substances. Multiple benefits of the flexible PVC is expected to pave way for rapid growth of the global flexible PVC films & sheets market over the assessment timeline, from 2020 to 2030. 

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From 2020 to 2030, global flexible PVC films & sheets market is expected to develop at a CAGR of ~4%, in terms of volume. Flexible PVC films and sheets are in high demand across a wide range of industries, which is expected to generate significant prospects for expansion.

Key Findings of Market Report

Fashion Industry Generates High Demand for Flexible PVC Materials

Apart from its high use in medical and packaging application, PVC also finds extensive usage in the apparel industry. In the global flexible PVC films and sheets market, the emergence of vinyl fashions is creating value-grab possibilities for manufacturers. Increased demand for raincoats and fire-fighter jackets are fuelling the demand for flexible PVC materials. Besides, PVC-coated fabrics find extensive use in the fashion industry, especially in haute couture products. In the global flexible PVC films & sheets market, PVC is dubbed "the new vegan leather." These materials are widely utilized to substitute conventional leather in bags, coats, and shoes. Fashion designers are drawn towards these animal-friendly properties of plasticized vinyl, which is likely to augur well for the global flexible PVC films & sheets market in the near future.

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• Companies Ramp Up Production of PVC Membranes to Replace Traditional Solar Panels

Energy storage capacities are being supplemented by next-generation versatile solar panels. In comparison with framed panels, flexible PVC membranes are considerably thinner. Businesses in the global flexible PVC films & sheets market are ramping up production of PVC membranes. These membranes are free from any kind of harmful materials and are expected to last longer than conventional solar panels. This is obvious because conventional panel materials have been found to trap much less energy, thereby driving the demand for flexible PVC films & sheets.

Heliatek, an organic solar film manufacturer, develops flexible solar skin solutions that will enable high amount of energy conversion. Manufacturers of films and sheets are beefing up their research capacities in an attempt to commercialise flexible solar skin solutions. These companies are spending in technologies and equipment and that will enable them to manufacture flexible PVC membranes on a large scale.

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Flexible PVC Films & Sheets Market: Growth Drivers

• Flexible PVC films and sheets are extremely flexible materials with a low environmental impact since the raw materials that are used to make them are environmentally safe, recyclable, and are free of heavy metal additives.
• In the automotive industry, flexible PVC films and sheets are widely used in sun visors, interior door panels and pockets, and instrument panels and related mouldings, and various other applications. These films and sheets provide the automotive industry with significant cost savings and high performance.

Global Flexible PVC Films & Sheets Market: Key Competitors

• ChangZhou HuiSu QinYe Co., Ltd.
• Extruflex UK Limited
• Shih-Kuen Plastics Co., Ltd.
• Allen Plastic Industries Co. Ltd
• Qingdao Coseal Industry Co., Ltd.
• Walton Plastics, Inc.
• Win Plastic Extrusions, LLC

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