Press release
Release Liner Market to Reap Excessive Revenues by 2021
Persistence Market Research (PMR)
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On the bases of materials used to manufacture release liner, global release liner market can be fragmented into paper release liner (super calandered kraft paper, clay coated kraft paper, machine finished kraft paper and machine glazed paper), plastic film release liner and others (poly coated kraft papers and poly coated BO-PET film). Release liner can be used as pressure-sensitive labels and pressure-sensitive tape. Release liners have major application in label stocks industry and packaging industry. Other major application of release liners are in the field of graphic arts, envelopes, medical, tapes and hygiene.
North America has the largest market share for release liner products, followed by Europe and Asia Pacific. The U.S. and China are the largest markets for release liner in the global market owing to increased food and pharmaceutical business in these countries. North America is expected to maintain its dominance in the forecasted period with Europe showing marginal growth. However, Asia Pacific region is expected to witness highest growth in the coming future owing to increasing domestic demand by the food and pharmaceutical industry in the developing countries such as India and China.
Increasing demand from the end-user industry for better labeling is driving the global release liner market. Additionally, with increasing investment in the food and pharmaceutical industry, demand for better quality packaging is expected to increase, in turn demand for release liner is expected to increase. Also, with increasing population paired with rising international trade, demand for quality packaging and labeling is expected to increase, further increasing the demand for release liner products in the global market.
Owing to increasing demand from the food and pharmaceutical companies paired with increasing demand from the other end-user industry for better packaging and labeling. The multinational players operating in the market are influenced to invest in the emerging markets of Asia-Pacific.
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Also, the regional players have increased their production to some extent to compete in the market. Global release liner market is dominated by multinational companies. However, there are some companies operating in the market, but at niche level. Some of the major companies operating in the global release liner market are Gascogne Laminates, 3M Company, Rayven Inc and Sil Tech
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