MRO Magazine

Specialty And High Performance Films Market Worth USD 57.26 Billion by 2024 – Increasing Demand in Premium Food & Cosmetics Products – Research and Markets


June 28, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Specialty And High Performance Films Market Analysis By Product, By Application, By End-Use And Segment Forecasts To 2024” report to their offering.

Specialty and high performance films market is anticipated to reach USD 57.26 billion by 2024, according to this report. The demand for the product is primarily driven by robust and high tensile packaging application. Increasing demand for the product in premium food and cosmetics products owing to superior barrier properties is likely to augment growth over the projected period.

Superior flexibility, chemical inertness and light weight offered by the product as compared to its counterparts including metal and glass packaging are expected to provide a competitive advantage in packaging application over the next eight years.

Growing demand for the product in automotive applications to protect sunroofs, rear and side windows, windshields and to mask dashboards is expected to drive growth. In addition, the product is used as an insulating material for semiconductors in the electronics industry. High thermal resistivity of product is expected to propel its demand in electronic application over the next few years.

Asia Pacific accounted for a significant share of the specialty and high-performance films market in 2015 and is expected to grow at a CAGR of over 8%, from 2016 to 2024. Changing consumer lifestyle coupled with rising disposable income in the region is likely to increase demand for packaged food products, which in turn is anticipated to have a positive impact on growth. Robust electrical & electronics manufacturing industry coupled with growing automotive sector in emerging economies including India, Indonesia and Vietnam is expected to drive demand.

Companies Profiled:

  • American Durafilms
  • Bayer Material Science
  • Bemis Company Inc.
  • Clopay Plastic Products
  • The Dow Chemical Company
  • Eastman Chemical Company
  • Evonik Industries
  • E.I. duPont de Nemours & Company
  • Honeywell International Inc.
  • Sealed Air Corporation
  • 3M

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Specialty And High Performance Films Industry Outlook

4. Specialty And High Performance Films Product Outlook

5. Specialty And High Performance Films Application Outlook

6. Specialty And High Performance Films Regional Outlook

7. Competitive Landscape

For more information visit http://www.researchandmarkets.com/research/smrp53/specialty_and

Research and Markets
Laura Wood, Senior Manager
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