Global Specialty Films Market Overview:
Specialty films are thin and are made from various polymer resins such as polycarbonate, polyamide, ethylene vinyl alcohol, and polyester. They have significant characteristics such as high wear resistance and abrasion, exhibits high chemical and thermal stability, and excellent mechanical properties for a wide range of temperature. The advancements in technology such as water-soluble and biodegradable film, growing demand across various verticals like automotive & transport, electrical & electronics, construction, packaging, and aircraft/aerospace are driving the specialty film market.
Growth Drivers
- Increasing Demand for Specialty Films in Packaging Industry
- Rising Usage of Barrier Films in Food and Pharmaceutical Packaging
Roadblocks
- The volatility of Raw Material Prices
Opportunities
- Rising Automotive Sector and Food & Beverage Industry
- Rising Preference for Flexible Packaging
Challenges
- Managing Wastes and Disposables Generated From the Packaging
Competitive Landscape:
Some of the key players profiled in the report are Honeywell International Inc. (United States), SABIC (Saudi Arabia), Akzo Nobel N.V. (Netherlands), DuPont (United States), Covestro AG (Germany), Saint-Gobain (France), Madico Inc. (United States), Solvay SA (Belgium), Amcor Limited (Australia), Berry Global Inc. (United States), Bemis Healthcare Packaging (United Kingdom), Max Speciality Films Limited (India) and ACG World (India). Additionally, following companies can also be profiled that are part of our coverage like Specialty Polyfilms Pvt. Ltd (India) and Tufpak Inc. (United States). Analyst at AMA Research see European Vendors to retain maximum share of Global Specialty Films market by 2026. Considering Market by Material Type, the sub-segment i.e. Polyester will boost the Specialty Films market.
Latest Market Insights:
On January 9, 2020 - DuPont announced that it has completed the acquisitions of Desalitech, inge GmbH, Memcor, and OxyMem Limited adding to its leading portfolio of water purification and separation technologies, including ultrafiltration, reverse osmosis and ion exchange resins. and On January 10, 2020 - Amcor Flexibles North America has announced its partnership with Moda vacuum packaging systems. By combining Amcor’s shrink bag and rollstock film for meat and cheese with Moda’s system.
What Can be Explored with the Specialty Films Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Specialty Films Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Specialty Films
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Specialty Films market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Specialty Films market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Specialty Films, Suppliers of Specialty Films, Wholesalers, Distributors and Retailers of Specialty Films, Automobile Industry, Cosmetic Industry, Packaging Industry and Regulatory Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.