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Heat Transfer Films Market - Recent Study including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts

04-09-2018 08:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Innovation and technology are the driving forces that have transformed the current lifestyle. New products are being developed to help ease the life further. Heat transfer films are helping the consumers survive adverse climatic conditions.

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The global metal industry market is expected to expand at a CAGR of around 4% during FY16-FY24. The construction market, which has emerged as the largest application segment, is expected to grow at 6.3% CAGR during this phase, while textile industry is estimated to grow at over 4%% CAGR.

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With these growth rates and increasing demands, heat transfer films market is expected to grow at over 5% CAGR as per the projected report. The Furniture market, which is estimated to witness fastest growth at 7.1% CAGR, is anticipated to be the largest user of heat transfer films.

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Geographically, Asia-Pacific metal market recorded a maximum percentage of demand for heat transfer films market. Heat transfer films market is expected to be driven by the development in the economy and growth of end-user industries such as textile and construction.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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