Growth Opportunities in the Global Specialty Film Market

Growth Opportunities in the Global Specialty Film Market

  • March 2017 •
  • 238 pages •
  • Report ID: 4804579
Trends, opportunities and forecast in this market to 2022 by product type (polyester, fluoropolymer, nylon, polyimide, polycarbonate, and others), function type (barrier, safety, decorative, microporous, and others), end use industry (packaging, electrical and electronics, construction, automobiles, aerospace and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

The future of the specialty film market looks promising with opportunities in the packaging, automotive, construction, and electrical & electronic industries. The global specialty film market is expected to reach an estimated $41.3 billion by 2022 and is forecast to grow at a CAGR of 7.1% from 2017 to 2022. The major growth drivers for this market are increasing demand in packaging industry due to the growth in pharma & food packaging, and growth in the automotive and electrical & electronic industries.

Emerging trends, which have a direct impact on the dynamics of the industry, include emergence of bio-degradable and water soluble film and increasing use in photovoltaic market.

The study includes a forecast for the global specialty film market by product, function, end use industry, and region as follows:

By product [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:
- Polyester
- Fluoropolymer
- Nylon
- Polyimide
- Polycarbonate
- Others

By function [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:
- Barrier
- Safety
- Decorative
- Microporous
- Others

By end use industry [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:
- Packaging
- Electrical and Electronics
- Construction
- Automobiles
- Aerospace
- Others

By region [Volume (Kilotons) and $M shipment analysis for 2011 – 2022]:
- North America
- Europe
- Asia Pacific
- Rest of the World

DuPont Teijin, Toray, Mitsubishi, Uflex, and Jindal Poly are among the major suppliers of specialty film.

Lucintel forecasts that polyester film is expected to remain the largest segment; it is also expected to witness the highest growth in the forecast period supported by its low cost, ease of availability, excellent dimensional stability, high tensile strength, and low moisture absorption properties.

Within the specialty film market, barrier film is expected to remain the largest functional segment due to the increasing demand in flexible packaging applications and its better protection properties: specialty film can protect from permeation of water and loss of aroma while also increasing self-life and maintaining taste. Lucintel predicts that the demand for specialty film in safety functions is likely to experience the highest growth in the forecast period supported by the growing demand for laminated glass interlayers.

Asia Pacific is expected to remain the largest market by value and volume and is also expected to witness the highest growth over the forecast period because of growth in packaging, automobile, and construction sectors due to economic expansion in India and China.

Some of the features of “Growth Opportunities in the Global Specialty Film Market 2017-2022: Trends, Forecast, and Opportunity Analysis” include:
- Market size estimates: Global specialty film market size estimation in terms of value ($M) and volume (Kilo Tons) shipment.
- Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region.
- Segmentation analysis: Global specialty film market size by various applications such as product, function, and end use in terms of value and volume shipment.
- Growth opportunities: Analysis on growth opportunities in different applications.
- Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of specialty film in the global specialty film market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global specialty film market by product type (polyester, fluoropolymer, nylon, polyimide, polycarbonate, and others), function type (barrier, safety, decorative, microporous, and others), end use industry (packaging, electrical and electronics, construction, automobiles, aerospace and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

Methodology
This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the market. Some of the manufacturers in global specialty film market are Toray, Bemis, Dupont Teijin, Uflex, SKC Films and others. Some of the distributors in this market are Professional Plastics, Impex Global, Tekra, Packaging Digest and others.