Specialty films are
known to have high tensile strength and act as a protective shield
owing to which it is utilized in various sectors. Growing importance
of bio-based polymers, economic growth of BRIC countries are some of
the factors that have been driving the market for specialty films.
The Specialty
Films
Market
is primarily focused on materials such as polyesters, nylons,
polyolefin-based films such as Ethylene vinyl alcohol (EVOH) and
polyvinylidene chloride (PVdC), polycarbonates, fluoropolymers and
polyamides. Fluoropolymers, polyolefin-based films and nylons are the
major product segments and are expected to account for a major chunk
of the market for specialty films. Bio-based polymers are also
expected to come into focus in the near future due to environmental
concerns and clean energy.
Specialty films are
majorly used in electronics, food & beverages and aviation
industry. Whereas, Military applications, marine, safety and security
industry are also major markets and are expected to become
substantial markets for specialty films in the foreseeable future.
Specialty films used in photovoltaic modules are also expected to be
in huge demand in the near future. Traditionally, North America and
Europe have been the major markets for specialty films, sharing
superiority in both production as well as consumption. Of late, South
America, Eastern Europe and Asia-Pacific (excluding Japan) have been
showing relatively quicker growth and are expected to be the dominant
markets in terms of price competitiveness and continuous expansion.
Emerging countries such as Russia, China, Brazil and India (BRIC
countries) are expected to be the main economies driving the market
forward.
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Key Participants
in this industry include Bayer Material Science Functional Films,
Evonik, Honeywell International Specialty Films, Dow Specialty
Packaging & Films, 3M, American Durafilm Co., Ensinger/Penn
Fibre, Eastman Kodak, Bemis, Clopay Plastic Products, Creative Film
Corp., Altuglas International, Biaxis Oy Ltd. and Extrusion Dies
Industries.
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