Press release
Thermoplastic Films Market 2022 analysis by Trends, Demand, Products and Technology Forecast to 2031
Report Details:
This report provides in depth study of "Thermoplastic Films Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Thermoplastic Films Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The global thermoplastic decorative films market is expected to expand at a healthy CAGR of close to 6% and be valued at US$ 14.7 Bn in 2031.
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Growth in demand for thermoplastic decorative films is driven by growing construction spending in developing regions such as Asia Pacific and Latin America. Countries in Asia Pacific, such as China, India, and ASEAN, among others, are expected to focus on increasing their infrastructure and construction spending over the coming years.
Moreover, space heating and cooling are by far the largest energy-consuming applications in buildings. Application of various types of thermoplastic films on doors and windows helps reduce the need for temperature management to a great extent. All of these factors are boosting the sales of thermoplastic decorative films for use in furniture, doors, and windows.
Owing to stalled construction projects and various COVID-19 pandemic-related restrictions, sales of thermoplastic decorative films witnessed a visible drop in 2020.
Key Players:
The report has profiled some of the important players prevalent in the global like - OMNOVA Solutions, Inc., ERGIS Group, , Jindal Poly Films Ltd, Klöckner Pentaplast, Jindal Poly Films Ltd, Covestro AG, LyondellBasell Industries Holdings N.V., Konrad Hornschuch AG, Fine Decor GmbH, Alfatherm s.p.a, C.I. TAKIRON Corporation, Schweitzer-Mauduit International, Inc. (SWM), Folienwerk Wolfen GmbH, Mondoplastico S.p.A., RENOLIT, Hanwha L&C, RTP Company, Inc., AVI Global Plast Pvt. Ltd., Macro Plastic Sdn. Bhd., Peiyu Plastics Corporation, and Amcor International, LG Hausys, Ltd., and Avery Dennison Corporation and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Thermoplastic Films Market.
thermoplastic-decorative-films-market
Key Takeaways from Market Study
Sales of thermoplastic decorative films are anticipated to grow significantly over the coming years due to increasing demand from automotive and the building & construction sector.
China is one of the largest markets for thermoplastic decorative films, owing to the vast population of the country. This creates high demand for furniture and residential buildings.
Commercial buildings is one of the most lucrative segments for thermoplastic decorative films ,owing to huge demand for furniture to be used in offices, hospitals, schools, collages, and other commercial buildings.
Asia Pacific is expected to remain a key region in the global market. High number of key manufacturers in the region also benefits growth of this regional market.
Thermoplastic decorative films are used as a thin laminated film in the interior and exterior glasses of cars, buses, and trucks. As such, with growth of the automotive sector, sales of thermoplastic decorative films are also expected to increase over the coming years.
"Demand for thermoplastic decorative films is estimated to be significantly driven by the furniture and automotive segment, as these films are widely utilized as protective films against scratches and stains," says a Persistence Market Research analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Thermoplastic Films Market Manufacturers
Thermoplastic Films Market Distributors/Traders/Wholesalers
Thermoplastic Films Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Thermoplastic Films Market - Report Highlights
A detailed overview of parent market of Thermoplastic Films Market
Changing Thermoplastic Films Market dynamics in the industry
In-depth segmentation of the Thermoplastic Films Market
Historical, current, and projected Thermoplastic Films Market size regarding volume and value
Recent industry trends and developments in Thermoplastic Films Market
Competitive landscape of the Thermoplastic Films Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Thermoplastic Films Market performance
Must-have information for Thermoplastic Films Market players to sustain and enhance their market footprint
Key Questions Answered in the Thermoplastic Films Market Report
How is the Thermoplastic Films Market expected to grow over the projected period?
What direction is the Thermoplastic Films Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Thermoplastic Films Market in future?
What are the key market drivers in the Thermoplastic Films Market?
What are significant opportunities and improvement areas for Thermoplastic Films Market manufacturers?
What are the key developments and trends taking over the Thermoplastic Films Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Thermoplastic Films Market?
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