Protective Films Market Projected to Reach US$ 17.57 Billion by 2022| Growth Factors, Business Developments, Segmentation and Top Key Players

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The Protective Films Market is projected to reach US$ 17.57 Billion by 2022, at a CAGR of 6.23% from 2017 to 2022. Increasing demand for protective films from the building and construction industry and the transportation industry especially from the automotive sector are the major drivers for the growth of the protective films market.

“Among the classes of protective films, adhesive-coated protective films are projected to account for largest market share during the forecast period”
The adhesive-coated segment protective films market is projected to account for the largest share amongst the different classes of protective films. Adhesive-coated protective films based on common polymers such as polyethylene, propylene, polyvinyl chloride, and polyethylene terephthalate, among others, belonging to the polyolefin class are the most commonly used protective films.

“Asia Pacific is projected to lead the protective films market during the forecast period”
The Asia Pacific is the largest market for protective films, and is led by countries, such as China, India, South Korea, and Southeast Asian countries such as Indonesia, Malaysia, Vietnam, Thailand, and others. The demand for protective films in the region is mainly driven by the growing consumption in the building and construction, transportation, and the electronics industries. Significant growth in the building & construction industries of China, India, and other emerging countries such as Indonesia, Thailand, Vietnam, and Malaysia coupled with the growing transportation and electronics industries in Japan and South Korea are driving the protective films market in the region.

The Distribution of primary interviews is as follows:
• By Company Type: Tier 1 – 50%, Tier 2 – 33%, and Tier 3 – 17%
• By Designation: C-Level – 17%, Director Level – 33%, and Others – 50%
• By Region: North America – 25%, Asia Pacific – 50%, and Europe– 25%

Study Objectives:

• To estimate and forecast the market size on the basis of five regions, namely, Europe, Asia Pacific, North America, the Middle East & Africa, and South America

• To analyze and forecast the global protective films market, in terms of value (USD million)

• To provide detailed information about the key growth factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market

• To analyze and forecast the size of the market on the basis of, class, type, and end-use industries

• To estimate and forecast the market size for protective films at the country-level in each of the regions

• To analyze the market opportunities and competitive landscapes of the stakeholders and market leaders

• To analyze competitive developments such as new product developments, expansions, mergers & acquisitions, and joint ventures & partnerships in the protective films market

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Top Key Players in the “Protective Films Market” include are Nitto Denko Corporation (Japan), Saint-Gobain (France), 3M (US), Chargeurs (France), DuPont (US), Arkema (France), Avery Dennison (US), Polifilm Group (Germany), and Hitachi Chemical (Japan).

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