Press release
Worldwide Specialty Films Market Share 2018 – 2023 | Future Innovations - Saint-Gobain Performance Plastics, Madico, Bemis, SABIC, Solvay SA, Toray Plastics, the Dow Chemical Company, Covestro AG, Specialty Polyfilms, Trico Specialty Films and Tufpak
Market Synopsis of Specialty Films MarketThe market for Specialty Films are highly driven by its characteristics such as high tensile strength, biodegradability, safety and protection, protective shield and barrier protection. Furthermore the growing importance of bio based polymers is stimulating the demand for such films. The specialty films are print friendly which helps to increase the brand value of products sealed off in them. Vendors are developing environmental-friendly specialty films because of implementation of stern environmental regulations and increasing awareness of sustainable development.
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The market for such films is highly application based. Growth of flexible packaging industry owing to its rising demand in construction due to increased aesthetic values and food & beverages is likely to have a positive impact on the market growth over the next five years. It is also extensively used in electronic and transportation industry. The market size for Global Specialty Films was valued at around USD 30 billion in 2015 and is expected to grow at a CAGR of approximately 5% by the end of the forecasted period.
Regional Analysis of Specialty Films Market
APAC region is the highest performing region in Global Specialty Films Market. The growth of APAC market relates to consolidation in Specialty Films. The increasing market growth is attributed to the shifting of operating bases to developing countries like China and India by key players.
Study Objectives of specialty films Market:
To provide detailed analysis of the market structure along with forecast for the next 5 years of various segments and sub-segments of the Global Specialty Films Market.
To provide insights about factors affecting the market growth.
To analyze the Global Specialty Films Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW).
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by material, application, and regions
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global specialty films Market.
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