Global High-performance Film (HPF) Market Overview:
High-performance Film (HPFs) are thin films made from various polymer resins such as polycarbonate, polyamide, ethylene vinyl alcohol, and polyester. The HPF has significant characteristics such as high wear resistance and abrasion, exhibits high chemical and thermal stability, and excellent mechanical properties for a wide range of temperature. The advancements in the technology, growing demand across various verticals like automotive & transport, electrical & electronics, construction, packaging, and aircraft/aerospace is driving the Global High-Performance film market. According to AMA, the Global High-performance Film (HPF) market is expected to see growth rate of 7.23%
- Commercialization and Development of Water-soluble and Biodegradable Film
- Rising Disposable Income among Middle-class Population
- Increasing Demand for Bioplastic Materials
- Rapid Use of High-Performance Films in the Vacuum Packaging, Low-Oxygen, Case-Ready Technologies, and Meat Packaging
- Increase in Technical Level of Competency may Hamper the Market Growth
- High Volatility in the Price of Raw Material Like Crude Oil And Naphtha
- Rising Automotive Sector and Food & Beverage Industry
- Commercialization of Biodegradable and Water Soluble Films
- Cost Requirement Affecting the Price of High-Performance Film
The Global High-Performance Film is fragmented with several players. The market players are involved in strategic alliances and expansion. In May 2017, Eastman Chemical Company announced to expand its high-performance film manufacturing capacity in Virginia for both paint protection films and window films to be used in automotive and architectural sectors.
Some of the key players profiled in the report are 3M Company (United States), Dow Chemical Company (United States), Solvay S.A. (Belgium), Covestro (Germany), DuPont de Nemours and Company (United States), Evonik (Germany), Honeywell International Inc. (United States) and Eastman Performance Films, LLC. (United States). Additionally, following companies can also be profiled that are part of our coverage like Sealed Air Corporation (United States), American Durafilm (United States), Bemis Company, Inc. (Germany) and Bayer AG (United States). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global High-performance Film (HPF) market by 2024. Considering Market by , the sub-segment i.e. will boost the High-performance Film (HPF) market.
In May 2019, Eastman Performance Films, LLC announced an investment in the leading edge, 3D scanning technology for paint protection film patterns. This next-generation enhancement will transform the process of pattern development at Eastman, realizing previously unattainable levels of speed and accuracy with this innovative technique.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global High-performance Film (HPF) 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 High-performance Film (HPF) 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 High-Performance Film Manufacturers, Industry Associations, Potential Investors, Marketing and Consulting Firms, Government and Regulatory Bodies, High-Performance Film Distributors/Traders/Wholesalers and High-Performance Film Subcomponent Manufacturers.
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.