The Global Multilayer Co-extruded Film Market was valued at USD 2.31 Billion in 2023 and is projected to reach USD 3.74 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2023-2032). This growth is propelled by increasing applications in food preservation, pharmaceutical packaging, and the global shift toward sustainable flexible packaging solutions.
As industries demand higher barrier protection, extended shelf-life, and eco-friendly materials, multilayer co-extruded films have become critical across sectors. This analysis profiles the Top 10 Companies in the Multilayer Co-extruded Film Industry – technological pioneers and manufacturing leaders shaping the next generation of packaging films.
🔟 1. Mitsubishi Chemical Corporation
Headquarters: Tokyo, Japan
Key Offering: EVOH-based barrier films, multi-layer structures
Mitsubishi Chemical dominates the market with its advanced polymer technologies, specializing in oxygen-barrier films using patented EVOH formulations for food and pharmaceutical packaging.
Innovation Highlights:
- 11-layer ultra-barrier film technology
- Plant-based polymer solutions
- Global network of packaging innovation centers
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9️⃣ 2. DIC Corporation
Headquarters: Tokyo, Japan
Key Offering: Specialty films for food and pharma packaging
DIC Corporation supplies high-performance packaging films to global brands, known for exceptional seal durability across various applications.
Innovation Highlights:
- Eco-friendly adhesive systems
- Recyclable multilayer structures
8️⃣ 3. Sumitomo Bakelite Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Medical-grade sterile packaging films
Sumitomo Bakelite delivers high-purity multilayer films meeting stringent international pharmaceutical packaging standards.
Innovation Highlights:
- Antimicrobial surface treatments
- Stable-performance medical packaging
7️⃣ 4. Sealed Air Corporation (SEE)
Headquarters: Charlotte, North Carolina, USA
Key Offering: Cryovac® brand protective packaging
Sealed Air is a global leader in food packaging solutions with proprietary co-extrusion technology for meat, poultry, and seafood applications.
Innovation Highlights:
- Post-consumer recycled content integration
- Intelligent packaging technologies
Download FREE Sample Report: Multilayer Co-extruded Film Market – View in Detailed Research Report
6️⃣ 5. Scholle Ipn (SIG)
Headquarters: Northlake, Illinois, USA
Key Offering: Aseptic liquid packaging films
Scholle Ipn leads in multilayer films for liquid packaging, providing exceptional barrier properties for food and beverage applications.
Innovation Highlights:
- Material reduction initiatives
- Recycled content formulations
5️⃣ 6. Chaoyang Freedom Technology Co., Ltd.
Headquarters: Liaoning, China
Key Offering: Specialty CPP films and barrier solutions
As China’s premier CPP film producer, Chaoyang Freedom supplies advanced multilayer films globally with cutting-edge production technology.
Innovation Highlights:
- High-speed co-extrusion capabilities
- Custom barrier configurations
4️⃣ 7. Jiangsu Best New Medical Material Co., Ltd. (BEST)
Headquarters: Jiangsu, China
Key Offering: Medical-grade sterile packaging
BEST specializes in high-value medical packaging films, supplying global pharmaceutical and medical device manufacturers.
Innovation Highlights:
- Tamper-evident technologies
- Permeable medical films
3️⃣ 8. Wenzhou Chuangjia Packaging Material Co., Ltd.
Headquarters: Zhejiang, China
Key Offering: Custom flexible packaging solutions
Wenzhou Chuangjia excels in advanced 5- and 7-layer co-extruded films, serving growing Asian and international markets.
Innovation Highlights:
- Digital printing compatibility
- Eco-friendly film structures
2️⃣ 9. Luoyang Shengpeng New Material Technology Co., Ltd.
Headquarters: Henan, China
Key Offering: Industrial-grade specialty films
Luoyang Shengpeng focuses on high-performance films for electronics, construction, and specialized packaging needs.
Innovation Highlights:
- Fire-resistant formulations
- High-heat resistant films
1️⃣ 10. Baixin New Material Co., Ltd.
Headquarters: Guangdong, China
Key Offering: Industrial stretch and specialty films
Baixin New Material provides cost-effective multilayer solutions for logistics, agriculture, and construction applications worldwide.
Innovation Highlights:
- Self-adhesive film technology
- UV-protective formulations
Get Full Report Here: Multilayer Co-extruded Film Market – View in Detailed Research Report
🌍 Market Outlook: The Evolving Landscape of Multilayer Films
The multilayer co-extruded film sector is undergoing rapid transformation through material innovations and sustainability advancements. While traditional food packaging remains dominant, new opportunities emerge in pharmaceuticals and industrial applications.
📈 Key Industry Developments:
- Accelerated adoption of mono-material structures for recycling
- Growing use of 7-9 layer films for enhanced functionality
- Integration of smart and active packaging technologies
- Expansion of bio-based and compostable material solutions
Get Full Report Here: Multilayer Co-extruded Film Market – View in Detailed Research Report
The featured companies are at the forefront of packaging innovation, driving industry transformation across multiple sectors.
