High Performance Films Market Update, Analysis, Forecast, 2019 – 2024

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High Performance Films Market Growth Outlook
with Industry Review and Forecast 2019-2024
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Global Market Scenario of High Performance Films
Industry

• High performance films market from the
  construction sector is anticipated to cross USD 3
  billion by 2024, pertaining to the aesthetic and
  mechanical properties of these films. The surging
  automotive sector across APAC coupled with
  reduced manufacturing costs and the huge
  availability of cheap labor will stimulate Asia
  Pacific high performance films industry, which
  was worth more than USD 9 billion in 2015. In
  addition, APAC high performance films market from
  automotive sector is expected to cross 230 kilo
  tons by 2024, in terms of volume, with a CAGR
  estimation of 5 over 2016-2024.
• Polyester is one of the key products of high
  performance films industry. It is one of the most
  favorable products suitable for the packaging
  sector. Escalating urbanization trends couples
  with huge investments in the residential
  constructions sector will spur polyester high
  performance films market, which held a valuation
  of more than USD 20 billion in 2015. Subject to
  the surging demand from the construction,
  automotive, and FB packaging sectors, nylon high
  performance films industry is forecast to grow at
  a rate of 4 over 2016-2024.
• The application spectrum of high performance
  films industry is indeed appreciable. Subject to
  the product properties of chemical inertness and
  low moisture absorption coupled with its
  dielectric and low friction co-efficient
  properties.

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• These films find applications across microphone,
  photovoltaic devices, and cable insulation,
  thereby propelling high performance films market
  trends. In addition, these films are utilized for
  vacuum packaging, low oxygen technologies, and
  oxygen scavenging in the meat processing
  companies.
• Surging demand for coating windows and doors for
  the purposes of safety and security will increase
  the product demand. In addition, the requirement
  for easy-to-dispose and lightweight packaging
  from the FB sector will propel high performance
  films market, slated to cross USD 54 billion by
  2024, with a CAGR estimation of 6 over
  2016-2024. These films find extensive
  applications across the personal care, packaging,
  and electronic sectors. As per estimates, high
  performance films industry share from packaging
  applications was worth USD 20 billion in 2015 and
  is slated to register considerable revenue over
  2016-2024.

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360 Industry Analysis

• Packaging applications are forecast to be one of
  the most lucrative end-use segments across North
  America and the Middle East. North America high
  performance films market was worth USD 4 billion
  in 2015 and is anticipated to register a revenue
  of USD 16 billion in 2024, primarily due to the
  escalating demand for lightweight and convenient
  packaging in the food beverage sector.
• Polycarbonate products, endowed with the
  properties of high glass transition temperature,
  excellent impact resistance, and durability, are
  used in the manufacturing of automotive,
  aircraft components, construction material, data
  storage discs and other electronic components. On
  these grounds, polycarbonate high performance
  films industry size will surpass 500 kilo tons by
  2024, in terms of volumes. Pertaining to their
  widespread usage in the electronics sector, this
  segment will register excellent growth across
  Europe, subject to the highly developed
  electronics market in this continent. In
  addition, owing to the surging demand from the
  packaging sector, Europe high performance films
  industry will grow significantly over the next
  few years, having accounted for 28 of the
  overall share in 2015.
•  

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• Competitive Analysis
• High performance films industry involves the
  participation of numerous companies that
  accumulate a significant share of other
  industries as well. The reason for this may be
  credited to the broad end-use spectrum of high
  performance films market. Renowned biggies such
  as Bayer Material Science, Dow Chemical Company,
  3M, Honeywell, Bernis, DuPont, Evonik, Sealed Air
  Corp., and Clopay Plastic are key participants of
  global high performance films market.

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