Specialty films are known to have
high tensile strength and act as a protective shield owing to which it is
utilized in various sectors. Growing importance of bio-based polymers, economic
growth of BRIC countries are some of the factors that have been driving the
market for specialty films. The specialty films market is primarily focused on
materials such as polyesters, nylons, polyolefin-based films such as Ethylene
vinyl alcohol (EVOH) and polyvinylidene chloride (PVdC), polycarbonates,
fluoropolymers and polyamides. Fluoropolymers, polyolefin-based films and
nylons are the major product segments and are expected to account for a major
chunk of the market for specialty films. Bio-based polymers are also expected
to come into focus in the near future due to environmental concerns and clean
energy.
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Specialty films are majorly used in
electronics, food & beverages and aviation industry. Whereas, Military
applications, marine, safety and security industry are also major markets and
are expected to become substantial markets for specialty films in the
foreseeable future. Specialty films used in photovoltaic modules are also
expected to be in huge demand in the near future. Traditionally, North America
and Europe have been the major markets for specialty films, sharing superiority
in both production as well as consumption. Of late, South America, Eastern
Europe and Asia-Pacific (excluding Japan) have been showing relatively quicker
growth and are expected to be the dominant markets in terms of price
competitiveness and continuous expansion. Emerging countries such as Russia,
China, Brazil and India (BRIC countries) are expected to be the main economies driving
the market forward.
Key participants in this industry
include Bayer Material Science Functional Films, Evonik, Honeywell
International Specialty Films, Dow Specialty Packaging & Films, 3M,
American Durafilm Co., Ensinger/Penn Fibre, Eastman Kodak, Bemis, Clopay
Plastic Products, Creative Film Corp., Altuglas International, Biaxis Oy Ltd.
and Extrusion Dies Industries.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
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