High Performance Film Market worth 42.25 Billion USD by 2020
Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • High Performance Film Market worth 42.25 Billion USD by 2020

     



    (Transportation-News.com, August 29, 2016 ) The report "High Performance Film Market by Material (Polyester, EVA, Polyolefin, Others), by Type (Barrier, Safety & Security, Others) by Application (Automotive, Aerospace, Electrical & electronics, Packaging, Construction), by Region - Global Trends & Forecast to 2020", The high-performance film (HPF) market is projected to reach USD 42.25 Billion by 2020, growing at a CAGR of 7.51% during the forecast period.

    This growth is fueled by increasing advancements in film technology, growing demand from application areas (such as packaging, automotive & transport, aircraft/aerospace, electrical & electronics, and construction), and increasing number of new product launches and agreements & collaborations.

    Browse 143 tables and 58 figures spread through 184 Pages and in-depth TOC on "High Performance Film Market - Global Trends & Forecast to 2020"

    Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=154875937

    Early buyers will receive 10% customization on this report.

    Fluoropolymers: The fastest-growing material type in the HPF market

    Fluoropolymers can be defined as semi-crystalline engineering thermoplastics, which possess a combination of good chemical resistance, excellent electrical insulation properties, and favorable mechanical properties. They are highly weather-resistant and can function in extreme temperatures. Fluoropolymers have a low coefficient of friction. The market for fluoropolymers is currently witnessing high growth, due to rising demand from key industries such as electrical & electronics, automotive, and transportation.

    Packaging: The largest market for HPF

    The packaging industry is the largest market for HPF, and accounted for the largest market share, in terms of value, in 2014. Packaging has become an essential everyday item, with its usage growing broadly in line with the global economy. Barrier resins, primarily nylon and polyolefin-based films, are the primary products used in this segment. HPFs offer lightweight and high performance characteristics such as resistance to corrosion and abrasion, reduced processing costs, self-lubrication, easy assembly, reduced finishing time, and design flexibility. They are widely used for packaging applications, due to their low cost and efficient performance. The packaging segment of the HPF market is driven by factors such as the high heat resistance of HPF.

    Request sample @ http://www.marketsandmarkets.com/requestsample.asp?id=154875937

    Asia-Pacific: The largest market for HPF

    Asia-Pacific is the largest market for HPF, with major developments witnessed in China, Japan, India, South Korea, and Indonesia. The region is also projected to be the fastest-growing market for HPF. This high growth can be attributed to factors such as expansion of production capacity and competitive manufacturing costs. The rising disposable income of the middle class and the increasing demand for processed food are key drivers of the HPF market in Asia-Pacific. The region is witnessing substantial growth, owing to rising investments in infrastructure development and construction projects.

    Major players, such as The 3M Company (U.S.), Dow Chemical Company (U.S.), Solvay S.A. (Belgium), Covestro (Germany), E.I. DuPont de Nemours and Company (U.S.), Evonik (Germany), and Honeywell International Inc. (U.S.), have adopted development strategies such as expansions, agreements & collaborations, and new product development to achieve growth in the global HPF market.

    This report covers the HPF market, in terms of value and volume, and forecasts the market size till 2020. It segments the market by material, type, application industry, and region. It also provides company profiles and details the competitive strategies adopted by major players in the global HPF market.

    MarketsandMarkets

    Mr. Rohan

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC