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global specialty and high performance film market

Global Specialty and High-Performance Film Market Trends,

Analysis, And Forecasts To 2025

The global demand for specialty and high-performance films is mainly driven by robust as well as high

tensile packaging application. The high demand for these films in premium food and cosmetics products

due to their superior barrier properties is predicted to promote market growth over the forecast period.

These specialty and thin performance films possess superior flexibility, and chemical inertness. Also, the

light weight provided by the product as compared to its counterparts that includes metal and glass

packaging are projected to offer competitive advantage in packaging application over the forecast years.

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Sample/105743

Rising demand for the product in automotive applications in order to protect sunroofs, rear as well as

side windows, windshields and to mask dashboards is anticipated to fuel growth. Additionally, the

product is utilized in the electronics industry as an insulating material for semiconductors. The presence

of high thermal resistivity of product is projected to fuel its demand in electronic application over the

next few years.

The industry is characterized by the presence of various players with broad product portfolio. In order to

limit operational cost and raise profit margins, the manufacturers are consolidating. In the Asia-Pacific

region, factors such as rapid industrialization, high consumer demand and low labor cost is estimated to

force manufacturers to establish their production plants in close vicinity. However, volatile raw material

prices as well as high competition are projected to present challenge for the industry players.

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Performance-Film-Market

The Asia-Pacific region is expected to command a major share of the specialty and high-performance

films market and is projected to grow at a moderate growth rate during the forecast period.

Transforming consumer lifestyle along with high disposable income in this region is estimated to raise

demand for packaged food products, which in turn is expected to cast a positive impact on growth. In the

emerging countries such as India, Indonesia and Vietnam, the healthy electrical &electronics

manufacturing industry along with rising automotive sector in is expected to fuel the demand.

The barrier films market segment commanded the majority of market share, and this trend is estimated

to continue over the forecast period. The increasing usage of these films in vacuum packaging, meat

packaging as well as low oxygen case ready

packaging as well as low-oxygen case-ready technologies is likely to drive the market growth over the

future years.

Presently, the demand for polyester based specialty and high-performance films was over 6,000 kilo tons

and it is projected to grow at a moderate rate during the forecast period. The rising usage of these films in

food packaging as well as electronics industry are expected to be the major driving factor for the industry

growth.

The major players in the industry include Bemis Company Inc., The Dow Chemical Company, E. I. du Pont

de Nemours, Sealed Air Corporation, Bayer AG, Evonik Industries, Eastman Chemical Company,

Honeywell International, Inc., and The 3M Company.

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