WorldWide High Performance Films Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019 - 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: High Performance Films Market

Industry / Sector Trends

High Performance Films Market size for 2015 was over USD 30 billion and is predicted to grow at over 6% by 2024.
 

U.S. High Performance Films Market size, by application, 2013-2024 (USD Billion)

 

Changing consumer preference towards high tensile and durable packaging materials will drive the global high performance films market size from 2016 to 2024. Its high chemical resistant property with growing demand from end use industries including construction, interior decoration and food and beverage may further complement the industry growth.
 

Rising demand for lightweight and easy to dispose food and beverage packaging is expected to positively encourage the industry share. Increasing demand for tetra pack products subject to its ease availability in different size and shapes and easy handling may further complement business growth. Increasing demand for coating doors and windows to ensure safety and security will influence the high performance films market size. The product offers various features including protection against UV rays, light control, high aesthetic value and temperature control.
 

Polycarbonate, fluoropolymer, polyester and nylon are used to manufacture the films. The prices of these raw material are linked with crude oil index. Political instability in Middle East associated with crude oil index fluctuation may hinder the industry growth.
 

Market Segmentation, Outlook & Regional Insights: High Performance Films Market

 High Performance Films Market, By Product 

Polyester high performance films market size for 2015 was over USD 20 billion. Rapid urbanization coupled with increasing investment in construction and housing sector will augment industry landscape. In addition, retail chain development in BRIC may positively impact the business. Nylon is predicted to witness growth over 4% by 2024 owing to its increasing demand from automotive, construction and food processing industries.
 

Polycarbonate high performance films market share is set to cross 500 kilo tonnes by 2024 owing to its good impact resistance, high glass transition temperature and durability features. It is used in production of construction materials, automotive, aircraft, electronics component and data storage discs such as Blue ray disc, DVD, CDs.
 

High Performance Films Market, By Application

Barrier high performance films market size was for 2015 was over USD 15 billion and is predicted to witness a considerable growth owing to its oxidation resistance and moisture properties. It finds application in semiconductors and solar cells. Microporous market share is set to cross 4% by 2024 on account of its water repel, air penetration and moisture properties. Increasing demand for waterproofing materials from domestic construction may propel the business growth in future. Safety and security applications is anticipated to exceed USD 5 billion by 2024. Increasing spending in construction sector coupled with stringent regulatory standards towards domestic infrastructure development in Middle East and BRICS is expected to positively encourage the business outlook.
 

High Performance Films Market, By End-Use 

Packaging applications were valued at over USD 20 billion in 2015. It finds applications in oxygen scavenging, vacuum packaging and low oxygen technologies in meat processing industries. High performance films market share demand from electrical and electronics will witness strong growth on account of its low friction coefficient, chemical inertness, dielectric and low moisture absorption properties. It finds applications in cable insulation, microphone and photovoltaic. The global revenue generated from construction is predicted to reach over USD 3 billion by 2024.These are used to enhance aesthetic and functional properties.
 

High Performance Films Market, By Regional 

Asia Pacific high performance films market size for 2015 was valued above USD 9 billion. Rising automobile production primarily in China and India coupled with availability of cheap skilled labour and low manufacturing cost is expected to augment the industry landscape.
 

North America, market size is expected to exceed USD 16 billion by 2024 owing to expansion of food and beverage facilities. Increasing demand for barrier films from semiconductor and solar cell manufacturing industries subject to its moisture resistant property may propel business growth.
 

Europe market accounted for 28% of volume share in 2015 and is expected to witness significant growth by 2024.Increasing demand for packaging may favour the industry growth during forecast period.
 

Key Players, Recent Developments & Sector Viewpoints: High Performance Films Market


Key industry players include Dow Chemical, Bernis, Evonik, Du Pont, Covestro (Bayer Material Science) and Eastman, Clopay Plastic, Sealed Air Corporation, Honeywell and 3M. Companies may undergo strategic collaborations or partnership with third party vendors such as, wholesalers and vendors. In 2012, Eastman Chemical Company collaborated with Solutia with the aim to expand its geographical presence.
 

High Performance Films Industry Viewpoint


Nylon films are primarily used for packaging, automotive, personal care and electronics industries. High Nylon cost over other polymers such as, polycarbonate and polyester may hamper the business growth in future. Excellent stiff resistance and high durability property of polyester films makes it favourable for packaging industry. Moreover, It is widely used in electronics, construction and food packaging industry owing to its easily printable features. Increasing demand for fluoropolymer films from aerospace industry owing to its high mechanical toughness, excellent thermal and corrosion resistance properties

Key Insights Covered: Exhaustive High Performance Films Market
1.  Market size (sales, revenue and growth rate) of High Performance Films industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of High Performance Films industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of High Performance Films industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of High Performance Films industry.

Research Methodology: High Performance Films Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.