Global Specialty Films Polymer Market Overview:
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.
- Growing Demand for High-Performance Polymers in Various Industrial Applications
- Need for Polymer Products with Good Electrical Insulation for Application in Consumer Electronics
- Increasing Consumption of Specialty Films Polymer in Additive Manufacturing
- Rising Environmental Concerns Associated with the Specialty Films Polymer Products
- Surging Demand for Specialty Films Polymer form Food Packaging Industry
- Continuous Research and Development in the Application of Specialty Films Polymer
- Stringent Regulatory Guidelines Imposed on the Usage of Specialty Films Polymer
Some of the key players profiled in the report are 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). Considering Market by Industry Verticals, the sub-segment i.e. Additive Manufacturing will boost the Specialty Films Polymer market. Considering Market by Material, the sub-segment i.e. PFA (Perfluoroalkoxy alkanes) will boost the Specialty Films Polymer market.
Latest Market Insights:
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.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Specialty Films Polymer market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Specialty Films Polymer market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes 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.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.