Global Antimony Free Film Market Size is to Reach USD 377.6 million by 2033, With a 5.3% CAGR Growth | Future Market Insights, Inc. [Yahoo! Finance]
MITSUBISHI CH GRP U/ADR (MTLHY)
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Source: Yahoo! Finance
NEWARK, Del, Sept. 02, 2024 (GLOBE NEWSWIRE) -- The global antimony free film market is expected to be valued at USD 225.3 million in 2023. The market is expected to exceed USD 377.6 million by 2033, with a CAGR of during the projected period. The global Antimony Free Film Market is poised for significant growth from 2023 to 2033, driven by increasing demand for sustainable and non-toxic packaging materials across various industries. Antimony, a heavy metal traditionally used as a catalyst in the production of polyester films, is increasingly being phased out due to health and environmental concerns. This shift towards antimony-free alternatives is expected to open new avenues in the packaging industry, particularly in food and beverage, pharmaceuticals, and consumer goods sectors. The market's expansion is fueled by stringent regulations and consumer awareness regarding the harmful effects of antimony on health and the environment. The development of innovative materials that of
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