the global specialty and high performance films market is expected to grow at noteworthy CAGR around 6% throughout the forecast period and reach around US$ 56.3 billion by 2026. The report provides analysis of global specialty and high performance films market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year.
Specialty and high performance films are thin films prepared from a variety of polymers, such as fluoropolymer polyester and polycarbonate. Specialty and high performance films are different from conservative films as they have exceptional barrier properties, chemical stability, high tensile strength and resistance to heat and impact.
Rising demand for packaging industry, increasing technological advancements, ever-increasing hygiene consciousness among consumers, development of retail, electronics and pharmaceutical industries, escalating demand for food and beverage and shifting consumer preference to high tensile and long lasting packaging materials are some of the fundamental factors that are driving the specialty and high performance films market growth across the globe. Changing consumer inclination towards durable packaging and high tensile materials is projected to drive the global specialty and high performance films market in near future. Furthermore, various initiatives taken by manufacturers in order to enhance the films durability, quality, strength and overall performance which will cater the ever increasing consumer demand as well as stringent specifications are some of the factors anticipated to fuel the global specialty and high performance films market throughout the forecast period. Moreover, increasing consumer consciousness for food hygiene and safety is anticipated to spur the demand for specialty and high performance films, thereby fueling the overall market growth. Increasing infrastructure development and rapid growth of construction industry is also expected to augment the demand for specialty and high performance films throughout the forecast period. Growing demand for packaging specialty and high performance films in agriculture, food & beverage, and personal care industries is further supplementing the growth of the global market. In addition, the positive financial outlook of emerging economies, expansion of the automotive, construction and electronics industries and consumer spending behaviour are positively affecting the specialty and high performance films across the globe. However, variable prices of various primary raw materials such as naphtha and crude oil may hinder the growth of the global specialty and high performance films market.
Specialty and High Performance Films Market by Product Type
Specialty and High Performance Films Market by Application
Specialty and High Performance Films Market by End Use Industry
Global Specialty and High Performance Films Market, by Geography
The market research study on “Specialty and High Performance Films Market (By Product Type: Polyester, Nylon, Fluoropolymer, Polycarbonate, Others (PI, PP, COC, PEN); By Application: Barrier, Safety and security, Decorative, Microporous, Others; By End Use Industry: Packaging, Personal care products, Electrical & electronic, Automobiles, Construction, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers detailed insights on global specialty and high performance films market segments with market dynamics and their impact. The report provides insights on global specialty and high performance films market by product type, application, end use industry and major geographic regions. The report also covers basic technology development policies.
The global specialty and high performance films market is characterized by the presence of experienced and established players. Some of the key players include Bayer AG, The Dow Chemical Company, Sealed Air Corporation, E. I. du Pont de Nemours and Company, Bemis Company Inc., Honeywell International, Inc., Evonik Industries, Eastman Chemical Company and The 3M Company.