Demand for polyester film to jump in next five years

Amid strong growth opportunities from the electrical and electronics sector, growth opportunities remain strong for polyester film, the Wood Mackenzie Chemicals report said

10% – expected rise in demand for polyester film in India in next five years

5.6% – global demand for polyester film seen in next five years

6.6% – jump in demand China could see during the period

60% – flexible packaging accounts for the key end-use sector of polyester film

With China and India set to remain central in driving the next investment cycle, further new capacity from these two global powerhouses will impact production utilisation of local producers," 
— The report said