Protective film Market Growth- DataM Intelligence

(EstateNewsWire.com, August 23, 2021 ) Market Overview

Protective film is ultra-thin film which provides protection against scratches and knocks, damage and therefore extends life of the components. Protective film as thermoplastic urethane, polypropylene, polyvinyl chloride, low-density polyethylene (LDPE), polyolefin, Polyethylene Terephthalate, Poly Methyl Methacrylate (PMMA) and among others is used as lamination material in several industries.

These films are used in the protection of the automotive components, body, panels as well as construction industry such as doors, windows etc. The protective film provides protection against scratches, stone chips, bug splatter in the buildings & construction and automotive industry.

The use of protective film in furnishings and fittings is to make home sage from a potential environmental pollution. All types of parts are being be protected at all stages of the manufacturing using protective film for interior and exterior usages. Film also reduces non-quality costs, removes adhesive residue, and improves the life of the components. These protective films are used in several industries including automotive, chemical industries, food industries, manufacturing plants, pharmaceutical industries and among others.

Market Dynamics

Rising demand for protective films for growing automotive production and rising construction sectors drives the market growth

Protective film are widely used in the automotive and construction industry for vital role in making envirnment cleaan, safe and hygenic. As per the International Organization of Motor Vehicle Manufacturers (OICA), the light commercial vehicle and passenge vehicle production reached to around 24,637,665 number of units and 67,149,196 number of units around the globe.

Global protective film is further widely used in the construction industry in interiors for providing temporary protection against hard surfaces, synthetic carpets, walls, flooring and also protect buildings against debris and damages. For instance, in 2019, the Government of Canada has planned to invest around US$ 36.5 million for supporting, develoing and implementing the renovation of deep retrofits for existing buildings and new net-zero-energy-ready buildings for fcilitating the protective film coating and wrapping.

Rising demand of the solar energy with advent of renewable energy sources

Rising usage of renewable solar sources due to surge in the global population with boost in energy requirement with surge in idustrialization have propelled the demand has propelled the protective film market. The protective films are widely used in the manunfacturing of solar panels, solar equipments as well as consumer electronics for providing protection against dirts, and other envrnmental impacts.

Rising adoption of renewable chemical materials in protective film and surge in expansion of production capacity have created huge opportunity for the market growth

Several leading industries are launching the renewable and envirnment friendly products for the protection of buildings and construction may create huge opportunity for the growth of this market. For instance 23rd October 2019, Garware Polyester expanded its product portfolio by launching of paint protection films which designed for delivering the highest level of protection. This innovative film offers self-healing paint with the highest level of impact resistance of protection films.

Segment Analysis

By Type

• Adhesive-Coated

• Self-Adhesive

By Material

• Polyvinyl Chloride (PVC)

• Polyethylene (PE)

• Polypropylene (PP)

• Polyurethane (PU)

• Polyamide (PA)

• Polyethylene Terephthalate (PET)

• Paper

• Others

By Coating

• Smooth and Glossy Surfaces

• Aluminum

• Chromium

• Metal pre-coated

• Paint

• Matt and grained surfaces

• Others

By Thickness

• 0-2 MM

• 2-4 MM

• 4-6 MM

• 6-8 MM

• 8-10 MM

• More Than 10 MM

By Texture

• Opaque

• Transparent

• Glossy

• Matte

• Others

By Application

• Metals

• Glass

• Textiles

• Woods

• Marbles

• Molded Plastic

• Others

By End-User

• Automotive

• Building & Construction

• Electronics

• Healthcare

• Aerospace

• Industrial

• Marine

• Packaging

• Others

Competitive Landscape

The Protective film market is moderately competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Pregis LLC, Saint-Gobain, Toray Industries, Inc., Kao-chia plastics co., ltd, Mactac (a Subsidiary of Lintec Corporation), Covertec SRL, Dunmore, 3M, Nitto Denko Corporation, DuPont, Chargeurs, Arkema, Polifilm Group, Pelloplast Oy, Echotape and among others.

Related Topic's

Polyvinyl Acetate Adhesive Market, PU Films Market, Mint Essential Oil Market, Industrial Film Market, Laminated Glass Market

DataM Intelligence

Sai Kiran

+1 877 441 4866

pr@datamintelligence.com

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