openPR Logo
Press release

High Performance Films Market size poised to exceed revenue of USD 54 billion by 2024

11-17-2016 01:30 PM CET | Logistics & Transport

Press release from: Global Market Insights Inc.

High Performance Films Market size poised to exceed revenue

High Performance Films Market size poised to exceed revenue of USD 54 billion by 2024; according to a new research report by Global Market Insights, Inc.

Packaging industry growth owing to electronics, pharmaceuticals, and retail sector expansion should favor high performance films market size growth. Durability, flexibility and chemical resistance are key features making the product ideal for packaging industry.

Request for Sample of This Industry Report@
https://www.gminsights.com/request-sample/detail/715

Growing consumer demand for fast food, ready to eat meals, and frozen food due to change in lifestyle and eating habits are factors which should drive specialty & high performance films demand. Moreover, easy handling and various size availability makes the product ideal for tetra packaging beverages.

North America barrier films market size valued at over USD 4.3 billion in 2015, with Canada and U.S. being major contributors due to food & beverages industry expansion. Moreover, growing barrier films demand in solar PV cells and semiconductors manufacturing due to UV and moisture resistance properties may drive regional growth.

Fluoropolymer films demand should witness highest gains, growing at over 7%. Exhibiting good thermal and corrosion resistance, high mechanical toughness to material and low friction properties makes the product suitable for automotive, construction, electronics, and aerospace applications.

Inquire More About This Report@
https://www.gminsights.com/inquiry-before-buying/715

Europe, driven by UK and Germany high performance films market size, has observed notable growth in packaging application. Europe packaging films market size may exceed USD 11 billion valuation by 2024 with 6.3% CAGR. Polyester films market size in Latin America witnessed significant growth with automotive and construction industry expansion in Brazil being driving factors.

Polyester, nylon, polycarbonate and fluoropolymer are the key materials used to make the final product and their prices are related to crude oil. Tight raw material supply due political unrest in Middle East may impact high performance films market price trend and affect industry profitability. Additionally, regulatory compliance pertaining to plastic films disposal may threat industry growth.

Key insights from the report include:
Global high performance films market size was over 8 tons in 2015. Packaging and electrical & electronics were major contributing industries.

Nylon films demand may witness over 6% CAGR and cross USD 2 billion revenue by 2024. Nylon offers heat resistance, moisture absorption, and thermal resistance which play an important role in eliminating sheet curling for soft covers and paperboards used in food & beverage, personal care, packaging, electronics and automotive industries.

Automotive application in APAC may witness in excess of 5% gains and register close to 370 kilo tons by 2024.

Increase in automobile production accompanied by shift in manufacturing facilities to China owing to less operational cost and abundant labor availability should favor automotive end-use segment.

Source-https://www.gminsights.com/industry-analysis/high-performance-films-market

Middle East & Africa high performance films demand may observe notable growth with construction and packaging being the fastest growing segment.

Microporous films market size was valued over USD 3.5 billion in 2015. Growing waterproofing materials demand owing to improvement in waterproofing bathrooms should drive application growth.

Personal care application may witness gains at over 4.5% and surpass 940 kilo tons by 2024. The product finds application in disposable diapers, feminine and adult incontinence products. Increasing personal hygiene coupled awareness with rising disposable income in Asia Pacific and Latin America may favor industry growth.

Global high performance films market share is fragmented due to the presence of numerous players. DuPont, Covestro (Bayer MaterialScience), Dow Chemical, Bernis, Eastman, and Evonik are major industry players.

Strategic alliances and partnership with wholesalers and vendors are key initiatives to enhance company distribution network. Other key companies include 3M, Sealed Air Corporation, Honeywell, and Clopay Plastic.

Read our insightful industry blogs:
https://gminsights.wordpress.com
http://www.fractovia.org

Contact Us:
Jack Davis
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web:https://www.gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

29L Atlantic Avenue, Suite L 105
Ocean View, Delaware

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release High Performance Films Market size poised to exceed revenue of USD 54 billion by 2024 here

News-ID: 383966 • Views: 529

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases


More Releases for USD

Agriculture Robots worth USD 3.5 billion market
According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/metabolomics-market/ Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which
Albumin Market USD 300 Million by 2020
According to a market research report Albumin Market 2013-2020, published by iHealthcareAnalyst, Inc., the global albumin market is estimated to reach USD 300 Million in 2020, expanding at a CAGR of 2.4% from 2016 to 2020. Visit the Albumin Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/albumin-market/ The global albumin market segmentation is based on type (human serum albumin, bovine serum albumin, recombinant albumin), and its applications (drug formulation and drug delivery, vaccines, components
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/nanomedicine-market/ Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of