Predict your next investment

Corporation
futamura.co.jp

See what CB Insights has to offer

Investments

1

About Futamura Chemical

Futamura Chemical (フタムラ化学) produces polypropylene film, polyester film, cellulose film, nonwoven fabric, fibrous casing, activated carbon, and phenolic laminated sheets.

Futamura Chemical Headquarter Location

2-29-16, Meieki Nakamura-ku

Nagoya, 450-0002,

Japan

+81 052-565-1212

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Futamura Chemical News

Biodegradable Films: An Industry Overview (2020-2025) with Profiles of 19 Major Players Including BASF, Plascon Group, Walki Group, and Futamura Chemical Co

Aug 21, 2020

| Source: Research and Markets The global biodegradable films market is estimated to be USD 1.1 billion in 2020 and projected to reach USD 1.5 billion by 2025, at a CAGR of 6.6%. The growing awareness regarding plastic waste and its adverse impact on the environment is one the primary factors driving market growth. Moreover, factors like growing demand from the food packaging industry, and high demand from the agriculture & horticulture sectors are also contributing toward the market growth of biodegradable films. PLA is estimated to lead the biodegradable films market, by type in terms of volume during the forecast period By type, PLA is estimated to be the largest segment in biodegradable films market in 2020. It is largely used in the packaging industry because it does not have a negative impact on food prices or its supply. It is often blended with starch to increase biodegradability and reduce cost. The key applications of PLA are thermoformed products, such as drink cups, takeaway food trays, containers, and planter boxes. It has good rigidity and allows for the replacement of polystyrene and PET in such applications. PLA is being adopted rapidly as it is more economical to manufacture as compared with the synthesis of other biodegradable plastics. Food packaging is estimated to be the fastest growing segment in biodegradable films market, by application By application, food packaging is estimated to be the fastest-growing application of biodegradable films. Egg trays, edible coating, paper boards, wrapping films, and food containers are some of the common applications of biodegradable films in the food packaging industry. PLA, starch blends, PBS, PHA, and cellulose are the most widely used biodegradable films in the food packaging industry. Increasing demand for more sustainable packaging material for fast food and ready to eat food is driving the growth of biodegradable films in food packaging application. Biodegradable films are mainly used in fresh & frozen food packaging as well as the packaging of dried snacks & candy, and bakery goods among others. Asia-Pacific biodegradable films market is projected to grow at the highest CAGR during the forecast period, in terms of value Asia-Pacific is projected to be the fastest-growing market for biodegradable films during the forecast period. The use of biodegradable films is increasing due to environmental regulations. The rising government regulations regarding the ban on conventional plastic bags and global warming initiatives are expected to drive the demand for biodegradable films for packaging applications in Asia-Pacific. Research Coverage The report defines, segments, and projects the biodegradable films market based on type, application, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges. It strategically profiles key players and comprehensively analyzes their market shares and core competencies as well as tracks and analyzes competitive developments, such as new product launches, expansions, and partnerships undertaken by them in the market. The biodegradable films market report is dominated by players such as BASF SE (Germany), Futamura Chemical Co. Ltd. (Japan), Taghleef Industries (UAE), Walki Group Oy (Finland), Kingfa Sci. & Tech. Co. Ltd. (China), BioBag Americas, Inc. (US), Avery Dennison Corporation (US), Plascon Group (US), Bi-Ax International Inc. (Canada), and Cortec Corporation (US). Key Topics Covered

Futamura Chemical Investments

1 Investments

Futamura Chemical has made 1 investments. Their latest investment was in Microwave Chemical as part of their Corporate Minority - II on December 12, 2017.

CBI Logo

Futamura Chemical Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/1/2017

Corporate Minority - II

Microwave Chemical

Yes

2

Date

12/1/2017

Round

Corporate Minority - II

Company

Microwave Chemical

Amount

New?

Yes

Co-Investors

Sources

2

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.