Global Specialty Films Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Specialty films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Specialty films market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Specialty films refer to a diverse category of thin, flexible materials that have unique properties and characteristics, designed for specific applications in various industries. They comprise multiple types of resins, including polyesters, ethylene vinyl alcohol (EVOH), polyvinylidene chloride, nylons, and fluoropolymers. They are manufactured using advanced polymer technologies, which allow for precise control of film properties and performance characteristics. They are engineered to meet specific requirements beyond the capabilities of standard films. They are commonly used in industries such as packaging, electronics, aerospace, automotive, and healthcare.
The global specialty films market size reached US$ 39.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 55.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
Global Specialty Films Market Trends and Drivers:
The increasing use of specialty films in packaging applications to provide barrier properties, moisture resistance, and enhanced shelf life for food products, pharmaceuticals, electronics, and sensitive goods represents one of the primary factors bolstering the market growth around the world. In addition, the rising adoption of specialty films in the electronics industry for manufacturing display screens, touch panels, and printed circuit boards due to their high transparency, flexibility, and electrical properties is favoring the growth of the market. Apart from this, the growing usage of specialty films in the production of secure identification cards, passports, and banknotes, incorporating features like holography and tamper-evident properties, is creating a positive outlook for the market.
Global Specialty Films Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: 3M Company, Avery Dennison Corporation, Covestro AG, DuPont de Nemours Inc., Evonik Industries AG, Honeywell International Inc., Inteplast Group Corporation, Kaneka Corporation, Mondi plc, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Toray Industries Inc. and Ube Industries Ltd.
The report segmented the market on the basis of region, resin, function and end use industry.
Breakup by Resin:
- Polyester
- Nylon
- Polyacrylamide
- Fluoropolymer
- Polyimide
- Polyolefin
- Others
Breakup by Function:
- Barrier
- Conduction and Insulation
- Microporous
- Safety and Security
- Others
Breakup by End Use Industry:
- Packaging
- Personal Care
- Electrical and Electronics
- Transportation
- Construction
- Medical
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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