What is Specialty Films Polymer?
Specialty films polymer is the high-performance polymers films made of materials such as PFA, ECTFE, FEP, ETFE which are used in film wrapping, food packaging, smart devices, etc. There are types of specialty films polymer namely barrier films, microporous films, safety and security films used widely in several industries including additive manufacturing, consumer electronics, aerospace, food & beverages, healthcare, and others. It is used because of its good moisture and chemical resistance which is appropriate for electrical insulation in electronic devices and additionally it has low moisture and gas permeability.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Saint-Gobain Performance Plastics (France), DuPont de Nemours, Inc. (United States), Bayer AG (Germany), 3M (United States), Evonik Industries (Germany), Honeywell International Inc. (United States), Dow Inc. (United States), American Durafilm Company, Inc. (United States), ENSINGER Penn Fibre (United States), Berry Global (United States), SK Global Chemical Co., Ltd. (United States) and Ester Industries Ltd. (India) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Saint-Gobain Performance Plastics (France), DuPont de Nemours, Inc. (United States), Bayer AG (Germany), 3M (United States), Evonik Industries (Germany), Honeywell International Inc. (United States), Dow Inc. (United States), American Durafilm Company, Inc. (United States), ENSINGER Penn Fibre (United States), Berry Global (United States), SK Global Chemical Co., Ltd. (United States) and Ester Industries Ltd. (India) are some of the key players that are part of study coverage.
The market study is broken down by Type (Barrier Films, Microporous Films and Safety and Security Films), by Application (Film Wrapping, Packaging, Smart Devices and Others) and major geographies with country level break-up.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Specialty Films Polymer market by Type, Application and Region.
On the basis of geography, the market of Specialty Films Polymer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Additive Manufacturing will boost the Specialty Films Polymer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. PFA (Perfluoroalkoxy alkanes) will boost the Specialty Films Polymer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 2nd June 2020, SK Global Chemical (SKGC) announced that it has completed the acquisition of Arkema’s Functional Polyolefins business, adding to its leading materials portfolio encompassing Olefins, Aromatics, Performance Chemicals, Polymers, and EPDM. The acquisition further broadens SK Global Chemical’s global reach and enhances the company’s ability to meet customers’ current and future challenges. This acquisition will make SK Global Chemical the world’s leading specialty polyolefins company with an outstanding portfolio with significant growth opportunities.
On 5th March 2020, Ester Industries to expand its BOPET Film capacity. The company's expansion will help in investing Rs. 500 cr towards setting up BOPET Film facility at a new location in a Wholly-owned Subsidiary to avail the benefits of lower tax. Funding to be through a prudent mix of internal accruals and debt. Expansion to help respond to an increasingly strong demand environment and outlook.
Market Trend
- Increasing Consumption of Specialty Films Polymer in Additive Manufacturing
Market Drivers
- Growing Demand for High-Performance Polymers in Various Industrial Applications
- Need for Polymer Products with Good Electrical Insulation for Application in Consumer Electronics
Opportunities
- Surging Demand for Specialty Films Polymer form Food Packaging Industry
- Continuous Research and Development in the Application of Specialty Films Polymer
Restraints
- Rising Environmental Concerns Associated with the Specialty Films Polymer Products
Challenges
- Stringent Regulatory Guidelines Imposed on the Usage of Specialty Films Polymer
Key Target Audience
Specialty Films Polymer Manufacturers, Specialty Films Polymer International Traders, Specialty Films Polymer Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.