Market Revenue Specialty and High Performance Films Industry

Specialty and High Performance Films Industry Value Chain
Analysis By Application, Share, Type From 2013-2024
“Specialty and High Performance Films Market size was USD 32.61 Billion in
2015 and is expected to reach USD 57.26 billion by 2024.Growing need for
electronics and solar PV coupled with increasing applications is expected to
steer the market growth.”
The global Specialty and High Performance Films Market size was USD 32.61 Billion in 2015 and is expected to
reach USD 57.26 billion by 2024. Increasing demand for high tensile and durable packaging materials coupled
with properties such as chemical resistant is expected to drive the market growth over the forecast period.
These films are majorly used in packaging market for food and beverages, construction industries and decorative
interiors. Thus increasing demand for these markets is expected to positively affect the market growth of
performance films.
Growing need for electronics and solar PV coupled with increasing applications is expected to steer the market
growth. These films are extensively used in semiconductors and PV cells Technological innovation and
advancements of material films are anticipated to boost the market demand Specialty & high-performance
films are made of engineered and composite plastic materials produced from different polymers including
fluoropolymer, polycarbonate and polyester and exhibit exceptional properties such as chemical stability,
resistance to heat, high barrier and tensile strength. The major factor that pose a challenge to the market is
expected to the fluctuating prices of raw materials including naphtha and crude oil. Growing environmental
concerns and increasing regulations on the use of plastics is expected to restraint market growth over the next
six years. Innovation and development of reusable engineered plastics and increasing demand for biodegradable
plastic film is anticipated to generate future opportunities for the industry players.
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