DUBLIN, October 21, 2021--(BUSINESS WIRE)--The "Specialty and High Performance Films Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The global specialty and high performance films market is expected to grow with a CAGR greater than 6% during the forecast period.
Bemis Company, Inc.
Dupont Teijin Films
Eastman Chemical Company
Evonik Industries AG
Honeywell International Inc.
Raven Industries, Inc.
Key Market Trends
Barrier Films Product Type to Dominate the Market
Currently, the barrier film segment dominates the global market by product type. Specialty and high performance barrier films provide ultra-high oxygen barrier properties, flex crack, and thermal resistivity and various other functional benefits.
Properties, such as superior gas and water vapor barrier performance helps to protect the products from any form of deterioration, such as corrosion, rotting, moisture absorption, drying, and oxidation.
Owing to this they are widely used in the packaging industry, especially food packaging industries.
Additionally, barrier films are widely used in vacuum insulated panels and in electronics applications such as electronic applications, such as displays, and organic-based electronics.
Hence, owing to the increasing demand from the above-mentioned application areas, barrier films product type is likely to dominate the market studied duriong the forecast period.
Asia-Pacific to Dominate the Market
Asia-Pacific accounted for the largest market in the specialty and high-performance films market, in the past few years.
The growing packaging industry, increasing automotive production, massive electronics production industry in China and India and the growing construction industry in various countries in the Asia-Pacific region is driving the market studied in the Asia-Pacific region.
Additionally, there has been significant growth in the demand for specialty and high-performance films from the southeast Asian countries for usage in application areas like barrier films, decorative films, etc.
Hence, owing to the above-mentioned reasons, Asia-Pacific is likely to dominate the market studied during the forecast period
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1.1 Growing Demand from the Packaging Industry
4.1.2 Increasing Use in Construction Industry
4.2.1 High Cost of Fluoropolymers
4.2.2 Other Restraints
4.3 Industry Value-chain Analysis
4.4 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Material Type
5.1.6 Other Material Types
5.2 Product Type
5.2.1 Barrier Films
5.2.2 Safety and Security Films
5.2.3 Decorative Films
5.2.4 Microporous Films
5.2.5 Other Product Types
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/j1ed9e
View source version on businesswire.com: https://www.businesswire.com/news/home/20211021005567/en/
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