Specialty Films Market Global Report 2022, Share, Size, Analysis and Forecast to 2027
IMARC Group’s latest research report, titled “Specialty Films Market Report: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global specialty films market reached a value of US$ 36.89 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 52.5 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027.
Specialty films refer to the flexible, extensible, and high-performance polymers (HPP) that comprise of various kinds of resins, such as polyesters, ethylene vinyl alcohol (EVOH), polyvinylidene chloride, nylons, fluoropolymers, etc. They are available in the stretch, shrink, conductive, and barrier types. Specialty films offer enhanced flex crack resistance, superior adhesion, and high tensile strength at inexpensive prices, owing to which they are widely used for conduction and insulation purposes and for protecting products against external contamination.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by resin, function and end use industry and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Specialty Films Market
- Strategies of major players and product offerings
The extensive product adoption across numerous industry verticals, including packaging, personal care, electronics, pharmaceutical, construction, transportation, etc., and the increasing demand for heat-resistant packaging solutions are primarily driving the specialty films market. In addition to this, the elevating requirement for these polymers in the food and beverage (F&B) sector for storing fast-moving consumer goods (FMCG) and protecting them from contamination, heat, moisture, ultraviolet (UV) radiations, etc., is further catalyzing the market growth. Moreover, the escalating utilization of biaxially oriented polypropylene (BOPP) in the manufacturing of flexible packaging films is also augmenting the global market. Apart from this, biodegradable packaging solutions minimize greenhouse gas (GHG) emissions, petroleum consumption, waste generation, etc., which is acting as another significant growth-inducing factor. Furthermore, the development of technologically advanced product variants is anticipated to fuel the specialty films market over the forecasted period.
Key Players Included in Global Research Report:
- 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.
- Ube Industries Ltd.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Segmentation:
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
TOC for the Specialty Films Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Specialty Films Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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