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Water Soluble Films Market by Type, By Application - Global Forecasts to 2025
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Water Soluble Films Market by Type, By Application - Global Forecasts to 2025
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The global water soluble films market is estimated to grow from USD 364 million in 2020 to USD 476 million by 2025, at a CAGR of 5.5%.
The major application of flame retardants is in detergent packaging, water treatment chemical packaging, food packaging, agrochemical packaging, and pharmaceutical packaging. Water soluble films are manufactured from polyvinyl resins and are synonymously called PVA/PVOH films. These films are used for specific unit dose packaging of detergents, agrochemicals, water treatment chemicals, food ingredients, pharmaceutical drugs, and dyes. Apart from these, the films are used in embroidery and laundry bag manufacturing.
According to the new market research report "Water Soluble Films Market by Type (Hot water Soluble, Cold Water Soluble) By Application (Detergent, Agrochemical, Water Treatment Chemical, Dye, Food, Laundry Bags, Embroidery, Pharmaceutical Packaging) - Global Forecasts to 2025", published by MarketsandMarkets™, the Water Soluble Films Market is projected to reach USD 476 million by 2025, at a CAGR of 5.5% from USD 364 million in 2020.
Water Soluble Films Market worth $476 million by 2025 - Exclusive Report by MarketsandMarkets™
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