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The global speciality films market is expected to grow at a CAGR of 5.10% during the forecast period of 2024-2032.
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The global market for speciality films is being driven by the growing demand for packaging solutions across industry verticals, owing to their importance in keeping the packed content intact. Speciality films are used for wide applications in the food and beverage industry owing to their durability, strength, and resistivity to water. This is a major factor influencing the growth of the market positively.
The growing trends surrounding the growing demand for packed food products, the rising concerns regarding food security, and the increasing demand for healthy food products, are some of the factors propelling the growth of the market. Apart from this, the spur in the beverage industry owing to the surging demand for energy drinks, alcoholic drinks, dairy drinks, and soft drinks, among others, is stimulating the demand for speciality films for packaging and barrier in the food and beverage industry, thereby proving impetus to the market.
Speciality films are protective coverings made from resins like polyester, nylon, fluoropolymer, and polyimide, among others, that have tensile strength, resistance to moisture and heat, and durability. Speciality films find robust applications in the packaging industry in various end-use industries.
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On the basis of resin, the market can be divided into:
The market, based on function, can be categorised into:
Based on end-user industry, the market can be segmented into:
The EMR report looks into the regional markets of speciality films like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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The growth in the global market for speciality films can be associated with the robust use of speciality films for packaging in various industries, such as food and beverage, personal care, pharmaceutical, and electronics, among others. The growing demand for high-value, technologically advanced materials with enhanced barrier properties, controlled permeability, and resistivity to outside temperature have been driving the growth of the market. Looking forward, the development of technologically advanced materials, based on bio-based polymers are anticipated to boost the growth of the market in the coming years.
The report presents a detailed analysis of the following key players in the global speciality films market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Resin |
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| Breakup by Function |
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| Breakup by End-User Industry |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global speciality films market is projected to grow at a CAGR of 5.10% in the forecast period of 2024-2032.
The market is being driven by the growing demand for speciality films in the food and beverage industry owing to rising demand for packaged food products and the flourishing beverage industry.
The growth in the market is anticipated to be augmented by technologically advanced materials, based on biomaterials.
The major regional markets for speciality films are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The major types of resins in the market are polyester, nylon, polyacrylamide, fluoropolymer, polyimide, and polyolefin, among others.
The different functions of speciality films are barrier, conduction and insulation, microporous, and safety and security, among others.
The major end-user industries of speciality films are packaging, personal care, electrical and electronics, transportation, construction, and medical.
The major players in the industry are 3M Company, Avery Dennison Corporation, Covestro AG, Inteplast Group, and SABIC, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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