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\nXpodence Research added “Global Specialty and High-Performance Film Market Trends, Analysis, And Forecasts To 2025” to their research database.\nAsk for a sample @ https://www.xpodenceresearch.com/Request-Sample/105743 \n
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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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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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 technologies is likely to drive the market growth over the
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
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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