Thick Film Heaters Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, sales network, business strategies, research & development activities, production and consumption, supply chain analysis, competitive landscape, and market composition analysis.
The polyimide films market is estimated to be $1.4 billion in 2018 and is projected to reach $2.6 billion by 2023, at a CAGR of 12.5% from 2018 to 2023. Surging demand for polyimide films in developing nations and preference for transparent polyimide films are some of the key opportunities for the polyimide films industry.
In-mold label film is a polymer film which is made up of polypropylene (PP) polymers. The in-mold labels are prepared using various techniques. Furthermore, these labels are fused with the molten polymer in the mold and then the label is printed on that film which is further used as label in packaging industry. In-mold label films are designed to provide barrier to light, oxygen, dust and odor. Also, with a transparent look, contents stored in in-mold labeled containers are clearly visible and it thus boosts the consumer experience at the time of consumption.
Prominently driven by sustained applicability in construction industry, stretch hood films consumption is accounted for the revenues of around $680 million in 2018. At an estimated 5% yearly growth in the 2019 revenues, the global market for stretch hood films will see a promising growth outlook over the next few years. FMI’s analysis indicates that sales of stretch hood films will further surge with emergence of application opportunities in chemicals and fertilizers, and food and beverages industries.
Automotive Films are used for heat and glare reduction, thermal insulation and UV filtration purposes. They are applied on automobile windows and help reduce energy costs arising from air conditioning.
The global metal industry market is expected to expand at a CAGR of around 4% during FY16-FY24. The construction market, which has emerged as the largest application segment, is expected to grow at 6.3% CAGR during this phase, while textile industry is estimated to grow at over 4%% CAGR.
Growth of high-performance barrier films depends on busy consumer lifestyle and constant demand for on-the-go and convenience products. High-performance barrier films primary function is to protect the product from moisture and oxygen. High-performance barrier films fulfills the increasing demand for barrier protection for aroma, flavor, UV radiation, carbon dioxide and chemicals.
Vapor barrier films are flexible laminated films, which are extensively used in various end-use industries. Using vapor barrier films ensure that the film restricts the movement of moisture in the form of water vapor. Some commonly used barrier materials include polyethylene, aluminum foil, and other coatings.
Carrageenan is extracted from red seaweed and comes under the family of linear sulfated polysaccharides. It finds applications in the food industry and is widely used for its thickening, stabilizing, and gelling properties. However, in recent years, it is gaining popularity as a food packaging material and as an alternative casing net and collagen film.
Alginate is a naturally occurring polysaccharide derived from brown algae species used in the bio-industry. Alginate films help in improving and extending the shelf life quality of fruits, vegetables, meat, poultry, and seafood.