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Flexible Plastic Packaging Market to Grow 5%

Market growth in flexible plastic packaging is due to an increase in manufacturing activities and rising demand for conveniently packaged products.
The flexible packaging market is projected to expand from $102.19 billion in 2017 to $131.65 billion by 2022, growing at a compound annual growth rate (CAGR) of 5.2%, according to  a recent report from MarketsandMarkets™. Demand is growing for the global flexible plastic packaging market due to an increase in manufacturing activities and rising demand for conveniently packaged products.
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Market Trends

Label Demand Rolls Ahead

Pharmaceutical label demand is expected to grow more than 7% annually through 2020.
Global demand for labels in pharmaceutical applications is projected to increase 7.1% annually to 5.1 billion sq m in 2020, the fastest growth rate among major label markets, according to a new study from The Freedonia Group.
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Mactac Film Receives Flammability Certification

The flammability test is frequently required for materials used inside a vehicle’s passenger compartment.

Mactac® has received Federal Motor Vehicle Safety Standards (FMVSS) No. 302 flammability certification for its VDG6911 durable film solution.


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Schreiner Group to Move into New Facility

Schreiner Group is reportedly not only enlarging its international footprint with the new facility, but continuing to grow in Germany as well.

Schreiner Group recently announced it is moving into a new production facility in Dorfen near Erding, Germany.


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Medley Appointed Loparex CEO

Medley joins Loparex with nearly 30 years of chemical industry experience.

Loparex Int. B.V. recently announced the appointment of Simon Medley as its new group chief executive officer.


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Hot Melt Adhesives Market to Grow 5%

The market will reportedly reach a total size of $7.636 billion by 2022.

The hot melt adhesives market is projected to witness a compound annual growth rate of 5.83%.


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Avery Dennison Opens Electronics Technology Center in California

The new facility is reportedly designed, equipped and staffed to provide engineering solutions and services to electronics industry customers.

Avery Dennison’s Industrial and Healthcare Materials’ Performance Tapes business has opened an Electronics Solutions and Technology center in Silicon Valley, Calif.


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TECHSIL: Assembly Tapes

A new range of adhesive tape solutions can be used to affix exterior badges, emblems, nameplates, trims and decorative embellishments.


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