The specialty and high performance films are also defined as polymer films with transparent or opaque films. Polyesters, fluoropolymers, and polycarbonates are the basic raw materials which used for the production of specialty and high performance films. These films have unique features such as high chemical resistance, and excellent mechanical strength. Electrical and electronics, automotive, Packaging, and construction are the major end-users of specialty and high performance films. These films are gaining popularity across industries due to their high impact resistance, high resistance to chemicals, and high tensile strength.
The increase in demand for packaged and frozen food in developed regions, due to expansion of end use industries is expected to drive the global specialty and high performance films market growth over the forecast period. Furthermore, the growing demand for disposable food and beverage packaging like tetra pack products is anticipated to provide growth for the specialty and high performance films market. Rising population and increasing urbanization in emerging economies including Brazil, China, and the Middle East is expected to support the market growth. Expansion of the flexible packaging industry due to the increase in demand for decorative interiors and Food & beverages will positively influence the market growth. The growing demand for specialty and high performance films as an insulator in the electrical & electronics industry will act as a key driver for market growth. Initiatives taken by key operating players to improve film strength, durability, and quality to meet the consumer demand as well as stringent specifications are expected to boost the market growth over the next few years.
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Stringent rules and regulations on the use of plastic materials along with the increase in environmental concerns are expected to hamper the global specialty and high performance films market growth during this forecast period. Also, fluctuations in the raw material prices may limit the market growth.
Market Key Players
Some of the key operating players in the Global Specialty and High Performance Films Market are 3M, Solvay S. A., Saint-Gobain, Raven Industries, Evonik Industries, Eastman Chemical Company, Dupont Teijin Films, Covestro, Bemis Company, Inc, American Durafilm, etc.
By Material Type
By Product Type
- Barrier Films
- Decoration Films
- Safety & Security Films
- Microiporous Films
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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