Press release
High Performance Films Market Is Expected To Reach US$ 81.39 Billion By 2032
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=5513?PS
High performance film suppliers have also benefited from developments in the building sector. In order to improve projects' aesthetics, current infrastructure designs have increased the use of transparent exteriors. High performance films enhance the ideal texture and colour while increasing the tensile strength of glass exteriors.
Due to lockdowns and travel restrictions, the pandemic impacted the industry's supply chain and distribution networks. According to Fact.MR's findings, the value share of high performance films fell by 40%, but during the projected period, the market is expected to rebound at a consistent CAGR of 6.2%.
๐๐ก๐ข๐๐ก ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ ๐๐จ๐ฌ๐ญ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ข๐ ๐ก ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ ๐ ๐ข๐ฅ๐ฆ๐ฌ?
๐ ๐จ๐จ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐
The use of high performance films has expanded to extend the shelf life of food goods as a result of the expanding food packaging market. Tetra packs and transparent packaging, for example, have earned a name for themselves in the market thanks to the use of cutting-edge high performance films that boost product visibility and provide an ornamental touch. Additionally, many producers of transparent packaging prefer it because of its versatility and thin wall design.
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ข๐ ๐ก ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ ๐ ๐ข๐ฅ๐ฆ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฎ๐ซ๐ฏ๐๐ฒ
High Performance Films Market by Material :
Polyester
EVA
Polyolefin
Polyamide
Fluoropolymer
Other Materials
High Performance Films Market by Type :
Barrier Films
Safety & Security Films
Decorative Films
Microporous Films
Other Types
High Performance Films Market by Application :
Automotive
Aerospace
Electrical & Electronics
Packaging
Construction
Other Applications
High Performance Films Market by Region :
North America High Performance Films Market
Latin America High Performance Films Market
Europe High Performance Films Market
Asia Pacific High Performance Films Market
Middle East & Africa High Performance Films Market
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=5513?PS
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Dow Chemical Company, The 3M Company, Solvay S.A., Covestro, Evonik, Honeywell International Inc., Amcor, Berry Global Group, American Durafilm Co., Eastman Chemical Company, and DuPont are key manufacturers of high performance films.
In December, 2021, Amcor introduced its first high-barrier, recycle-ready liquid pouch packaging solution, which is heat-resistant and for food grade use.
Players such as Eastman and DuPont are increasing fund allocation for the research and development of high performance films that are capable of deflecting harmful UV radiations.
Restrictions on the use of tinted films in vehicles have instigated market leaders to develop a film that has 95% transparency, but at the same time deflects UV radiations and infra-red spectrums.
๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฒ๐๐ฌ๐ญ๐๐ซ ๐๐ข๐ ๐ก ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ ๐ ๐ข๐ฅ๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Dow Chemical Company
The 3M Company
Solvay S.A.
Covestro
Evonik
Honeywell International Inc.
Amcor
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ข๐ ๐ก ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ ๐ ๐ข๐ฅ๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
โข By material, polyester is projected to provide an absolute $ opportunity worth US$ 36.69 billion over the forecast period.
โข Barrier films are anticipated to account for 36% market share by 2032.
โข The automotive sector is anticipated to lose 3090 BPS in market value share by 2032.
โข North America is projected to capture around 34.6% of the global high performance film market share by 2032.
โข Europe is set to provide an absolute dollar opportunity worth US$ 8.37 billion by 2032-end.
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About Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.
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