The Global Specialty and High Performance Films Market Size accounted for USD 46.1 Billion in 2021 and is projected to occupy a market size of USD 84.3 Billion by 2030 growing at a CAGR of 7.1% from 2022 to 2030.
Specialty and high performance films are thin films prepared from a variety of polymers, such as fluoropolymer polyester and polycarbonate. Specialty and high performance films are different from conservative films as they have exceptional barrier properties, chemical stability, high tensile strength and resistance to heat and impact.
Specialty and High Performance Films Market Report Statistics
- Global specialty and high performance films market revenue is projected to reach USD 84.3 Billion by 2030 with a CAGR of 7.1% from 2022 to 2030
- Asia-Pacific specialty and high performance films market share generated over 36% shares in 2021
- North America specialty and high performance films market growth will record CAGR of over 7.5% from 2022 to 2030
- Based on application, barrier recorded over 66% of the overall market share in 2021
- Among end-user industry, packaging sub-segment generated USD 29.7 billion in 2021
- Growing demand for disposable food & beverage packaging is a popular specialty and high performance films market trend that fuels the industry demand
Global Specialty and High Performance Films Market Dynamics
Market Drivers
- Rising trend of flexible packaging
- Growing demand for packaged and frozen food
- Initiatives undertaken by manufacturers in order to enhance these films
Market Restraints
- Volatility in raw material prices
- Lack of awareness in emerging countries
Market Opportunities
- Surging demand for modern commercial and residential buildings with glass exterior
- Rising urbanization in Asian countries such as China, India, Japan
Specialty and High Performance Films Market Report Coverage
| Market |
Specialty and High Performance Films Market |
| Specialty and High Performance Films Market Size 2021 |
USD 46.1 Billion |
| Specialty and High Performance Films Market Forecast 2030 |
USD 84.3 Billion |
| Specialty and High Performance Films Market CAGR During 2022 - 2030 |
7.1% |
| Specialty and High Performance Films Market Analysis Period |
2018 - 2030 |
| Specialty and High Performance Films Market Base Year |
2021 |
| Specialty and High Performance Films Market Forecast Data |
2022 - 2030 |
| Segments Covered |
By Product Type, By Application, By End-User Industry, And By Geography
|
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
Bayer AG, The Dow Chemical Company, Sealed Air Corporation, E. I. du Pont de Nemours and Company, Bemis Company Inc., Honeywell International, Inc., Evonik Industries, Eastman Chemical Company and The 3M Company
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Specialty and High Performance Films Market Growth Factors
Rising demand for packaging industry, increasing technological advancements, ever-increasing hygiene consciousness among consumers, development of retail, electronics and pharmaceutical industries, escalating demand for food and beverage and shifting consumer preference to high tensile and long lasting packaging materials are some of the fundamental factors that are driving the specialty and high performance films market growth across the globe. Changing consumer inclination towards durable packaging and high tensile materials is projected to drive the global specialty and high performance films market in near future. Furthermore, various initiatives taken by manufacturers in order to enhance the films durability, quality, strength and overall performance which will cater the ever increasing consumer demand as well as stringent specifications are some of the factors anticipated to fuel the global specialty and high performance films market throughout the forecast period. Moreover, increasing consumer consciousness for food hygiene and safety is anticipated to spur the demand for specialty and high performance films, thereby fueling the overall market growth.
Increasing infrastructure development and rapid growth of construction industry is also expected to augment the demand for specialty and high performance films throughout the forecast period. Growing demand for packaging specialty and high performance films in agriculture, food & beverage, and personal care industries is further supplementing the growth of the global market. In addition, the positive financial outlook of emerging economies, expansion of the automotive, construction and electronics industries and consumer spending behavior are positively affecting the specialty and high performance films across the globe. However, variable prices of various primary raw materials such as naphtha and crude oil may hinder the growth of the global specialty and high performance films market.
Specialty and High Performance Films Market Segmentation
The global specialty and high performance films market is segmented based on product type, application, end-user industry, and geography.
Specialty and High Performance Films Market By Product Type
- Polyester
- Nylon
- Fluoropolymer
- Polycarbonate
- Others (PI, PP, COC, PEN)
According to our specialty and high performance films industry analysis, the polyester sub-segment acquired the utmost revenue in 2021. Rapidly changing fashion trends, combined with modern living standards, will create opportunities for high polyester fibres with high durability, quick-drying, and easy-to-clean properties. Over the forecast period, the emergence of the e-commerce industry is expected to boost the polyester market share.
Specialty and High Performance Films Market By Application
- Barrier
- Safety and Security
- Decorative
- Microporous
- Others
Based on applications, barrier hold the utmost market shares in 2021. The barrier application is also expected to perform well throughout the forthcoming years. Increasing urbanization and mall culture in cities are driving a strong growth for packaged and disposable food products. This increases demand for vacuum packaging and meat packaging, which fuels market growth in the barrier films segment.
Specialty and High Performance Films Market By End-User Industry
- Packaging
- Personal Care Products
- Electrical & electronic
- Automobiles
- Construction
- Others
As per our specialty and high performance films market forecast, the packaging segment is anticipated to lead the market with majority of the shares from 2022 to 2030. Increasing the use of flexible and chemically inert materials for food and beverage packaging is expected to drive industry growth. Furthermore, rising consumer awareness of food hygiene and safety is expected to drive demand.
Specialty and High Performance Films Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Specialty and High Performance Films Market Regional Analysis
Asia-Pacific among all the regions dominated the specialty and high performance films market accounting for USD 16.6 billion in 2021. Increased use of flexible and chemically inert component for food & beverage packaging will drive industry growth. Additionally, increasing consumer awareness of food hygiene and safety will drive demand. Furthermore, rapid industrialization in the region, combined with a favorable government scenario, is likely to drive demand. Additionally, rising demand for processed and frozen food is expected to drive market growth over the forecast period.
Specialty and High Performance Films Market Players
The global specialty and high performance films market is characterized by the presence of experienced and established players. Some of the key players include Bayer AG, The Dow Chemical Company, Sealed Air Corporation, E. I. du Pont de Nemours and Company, Bemis Company Inc., Honeywell International, Inc., Evonik Industries, Eastman Chemical Company and The 3M Company.
CHAPTER 1. Industry Overview of Specialty and High Performance Films Market
1.1. Definition and Scope
1.1.1. Definition of Specialty and High Performance Films
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Specialty and High Performance Films Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Specialty and High Performance Films Market By Product Type
1.2.3. Specialty and High Performance Films Market By Application
1.2.4. Specialty and High Performance Films Market By End-User Industry
1.2.5. Specialty and High Performance Films Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Specialty and High Performance Films Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Specialty and High Performance Films Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2021
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2021
4.2. R&D Status of Major Manufacturers in 2021
CHAPTER 5. Specialty and High Performance Films Market By Product Type
5.1. Introduction
5.2. Specialty and High Performance Films Market Revenue By Product Type
5.2.1. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast, By Product Type, 2018-2030
5.2.2. Polyester
5.2.2.1. Polyester Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.3. Nylon
5.2.3.1. Nylon Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.4. Fluoropolymer
5.2.4.1. Fluoropolymer Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.5. Polycarbonate
5.2.5.1. Polycarbonate Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
5.2.6. Others (PI, PP, COC, PEN)
5.2.6.1. Others (PI, PP, COC, PEN) Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
CHAPTER 6. Specialty and High Performance Films Market By Application
6.1. Introduction
6.2. Specialty and High Performance Films Market Revenue By Application
6.2.1. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast, By Application, 2018-2030
6.2.2. Barrier
6.2.2.1. Barrier Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
6.2.3. Safety and Security
6.2.3.1. Safety and Security Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
6.2.4. Decorative
6.2.4.1. Decorative Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
6.2.5. Microporous
6.2.5.1. Microporous Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
6.2.6. Others
6.2.6.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
CHAPTER 7. Specialty and High Performance Films Market By End-User Industry
7.1. Introduction
7.2. Specialty and High Performance Films Market Revenue By End-User Industry
7.2.1. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast, By End-User Industry, 2018-2030
7.2.2. Packaging
7.2.2.1. Packaging Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.3. Personal Care Products
7.2.3.1. Personal Care Products Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.4. Electrical & Electronic
7.2.4.1. Electrical & Electronic Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.5. Automobiles
7.2.5.1. Automobiles Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.6. Construction
7.2.6.1. Construction Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
7.2.7. Others
7.2.7.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2018-2030
CHAPTER 8. North America Specialty and High Performance Films Market By Country
8.1. North America Specialty and High Performance Films Market Overview
8.2. U.S.
8.2.1. U.S. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
8.2.2. U.S. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
8.2.3. U.S. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
8.3. Canada
8.3.1. Canada Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
8.3.2. Canada Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
8.3.3. Canada Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
8.4. North America PEST Analysis
CHAPTER 9. Europe Specialty and High Performance Films Market By Country
9.1. Europe Specialty and High Performance Films Market Overview
9.2. U.K.
9.2.1. U.K. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
9.2.2. U.K. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
9.2.3. U.K. Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
9.3. Germany
9.3.1. Germany Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
9.3.2. Germany Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
9.3.3. Germany Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
9.4. France
9.4.1. France Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
9.4.2. France Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
9.4.3. France Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
9.5. Spain
9.5.1. Spain Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
9.5.2. Spain Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
9.5.3. Spain Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
9.6. Rest of Europe
9.6.1. Rest of Europe Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
9.6.2. Rest of Europe Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
9.6.3. Rest of Europe Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
9.7. Europe PEST Analysis
CHAPTER 10. Asia-Pacific Specialty and High Performance Films Market By Country
10.1. Asia-Pacific Specialty and High Performance Films Market Overview
10.2. China
10.2.1. China Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
10.2.2. China Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
10.2.3. China Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
10.3. Japan
10.3.1. Japan Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
10.3.2. Japan Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
10.3.3. Japan Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
10.4. India
10.4.1. India Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
10.4.2. India Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
10.4.3. India Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
10.5. Australia
10.5.1. Australia Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
10.5.2. Australia Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
10.5.3. Australia Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
10.6. South Korea
10.6.1. South Korea Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
10.6.2. South Korea Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
10.6.3. South Korea Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
10.7.2. Rest of Asia-Pacific Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
10.7.3. Rest of Asia-Pacific Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
10.8. Asia-Pacific PEST Analysis
CHAPTER 11. Latin America Specialty and High Performance Films Market By Country
11.1. Latin America Specialty and High Performance Films Market Overview
11.2. Brazil
11.2.1. Brazil Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
11.2.2. Brazil Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
11.2.3. Brazil Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
11.3. Mexico
11.3.1. Mexico Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
11.3.2. Mexico Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
11.3.3. Mexico Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
11.4. Rest of Latin America
11.4.1. Rest of Latin America Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
11.4.2. Rest of Latin America Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
11.4.3. Rest of Latin America Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Specialty and High Performance Films Market By Country
12.1. Middle East & Africa Specialty and High Performance Films Market Overview
12.2. GCC
12.2.1. GCC Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
12.2.2. GCC Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
12.2.3. GCC Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
12.3. South Africa
12.3.1. South Africa Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
12.3.2. South Africa Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
12.3.3. South Africa Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Product Type, 2018-2030
12.4.2. Rest of Middle East & Africa Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By Application, 2018-2030
12.4.3. Rest of Middle East & Africa Specialty and High Performance Films Market Revenue (USD Billion) and Forecast By End-User Industry, 2018-2030
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Specialty and High Performance Films Market
13.1. Specialty and High Performance Films Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Specialty and High Performance Films Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Bayer AG
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Billion), 2021
14.1.3.2. Bayer AG 2021 Specialty and High Performance Films Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. The Dow Chemical Company
14.3. Sealed Air Corporation
14.4. E. I. du Pont de Nemours and Company
14.5. Bemis Company Inc.
14.6. Honeywell International, Inc.
14.7. Evonik Industries
14.8. Eastman Chemical Company
14.9. The 3M Company
