Breathable Films Market worth $3.3 billion by 2024 | Key Players include RKW Group Berry Global Group, Arkema, Toray Industries, Covestro, Nitto Denko, Trioplast Industries, Rahil Foam

According to recent market research "Breathable Films Market by Type (Polyethylene, Polypropylene, Polyurethane Polyether),Technology (Microporous, Monolithic) End-Use Industry (Hygiene, Medical, Food Packaging, Construction, Fabric), and Region - Global Forecast to 2024", The breathable films market is estimated to be USD 2.2 billion in 2019 and is projected to reach USD 3.3 billion by 2024, at a CAGR of 8.2% between 2019 to 2024. The breathable films market is driven by growing awareness regarding health and hygiene and increasing usage of breathable films in premium hygiene products in both developed and developing countries.

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The breathable films market size is estimated to be USD 2.2 billion in 2019 and is projected to reach USD 3.3 billion by 2024, at a CAGR of 8.2% between 2019 and 2024. Rising awareness about health and hygiene and increasing purchasing power of consumers are the major drivers of the global breathable films market.

Breathable films could be both microporous or monolithic in nature. The global breathable films market is projected to grow at a moderate pace during the forecast period. The demand for breathable films in developing countries is likely to be driven by the rising penetration of hygiene products. The market has good prospect for growth in regions where the penetration of hygiene products is low. Asia Pacific (APAC), India, China, Indonesia, Vietnam, the Philippines, Pakistan, and Bangladesh are the high potential markets. In the Middle East & Africa (MEA), Egypt, Iraq, Iran, Nigeria, Algeria, Angola, and Sudan are the most attractive markets. In developed countries, the market is expected to be driven by the replacement of basic hygiene products with premium products.

The breathable films market has the potential to grow in niche applications such as food packaging and agriculture with the advancement of technology. The use of biodegradable raw material and the development of low-cost manufacturing is also expected to support the growth of the market.

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The breathable films market size is estimated to be USD 2.2 billion in 2019 and is projected to reach USD 3.3 billion by 2024, at a CAGR of 8.2% between 2019 and 2024. Rising awareness about health and hygiene and increasing purchasing power of consumers are the major drivers of the global breathable films market during the forecast period.

Breathable films are thin films with a characteristic property of allowing vapor to pass through while retaining liquid. They are manufactured using various polymers such as polyethylene (PE), polyurethane (PU), polypropylene (PP), and polyester along with mineral fillers such as calcium carbonate. The presence of mineral fillers gives breathable films a microporous structure. Breathable films are also manufactured using polymers such as co-poly amide (CoPA), polyether block amide (PEBA), and polyether ester. These are monolithic in nature and have properties such as elasticity, permeability, and strength.

Breathable films are used in a wide range of applications such as hygiene, construction/roofing underlayment, housing wrap, disposable protective garments, surgical gowns and drapes, fabrics to make sportswear and defense jackets, and in food packaging.

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Expansions, investments, and agreements were the key strategies adopted by the major players to achieve growth in the global breathable films market between 2016and 2019. The major players in the breathable films market are RKW Group (Germany), Arkema (France), Mitsui Hygiene Materials (Thailand), and Fatra (Czech Republic).

RKW Group has a presence in more than 20 countries across the globe and caters to the demand for breathable films from agriculture, medical, and construction sectors. RKW Group used investment and expansion as its major strategy to increase its market share in the breathable films market and to cater to the increasing demand for breathable film products. In July 2016, the company invested in a line of good quality film prints for packaging solutions in Vietnam, Malaysia, Laos, Indonesia, and Myanmar. This investment helps the company to cater to the growing quality standards for different products. In May 2015, the company also opened a new Greenfield site in China to manufacture backsheet films for hygiene products. This development has helped the company to increase its market share in the breathable films market in APAC.

In July 2019, Schweitzer-Mauduit International added a TPU film line at its manufacturing site in Suzhou, China, to support the demand for protective film in China and the Asia Pacific region. In November 2017, Arkema announced an investment plan for USD 354.6 million over five years for the bio-sourced polyamide 11 chain in Asia. The money is expected to be spent in building a world-scale plant for the production of Rilsan PA11 bio-sourced polyamide from castor oil.

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