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Surface Protection Films Market Was Valued At USD 12.8 Bn in 2019 and Is Expected To Witness A CAGR Of 8.2 % during Forecast Period (2020-2028)
The Demand For Surface Protection Films Is Driven By The Increasing Use Of These Tapes Due To Their Durability, Ease Of Application And Ease Of Removal. Surface Protection Films Are Commonly Used To Prevent Scratching And Abrasion Of Goods When They Are Manufactured Or Transported. Such Surface Security Films Have Increased Life Span And Are Cost-Effective In Saving Sensitive Products. The Interest In Electronic Handheld Gadgets Is Growing Enormously, Requiring The Adoption Of Surface Protection Films Attributable To Improved Quality Requirements On Display Screens.
Telemedicine Is The Next Generation Medical Service Provided By Healthcare Professionals. Telemedicine Is A Mechanism For Providing Medical Care Without The Physical Presence Of Medical Professionals And Patients. This Needs A Range Of Healthcare Equipment And Tools That Are Expensive, Responsive And Delicate. It Generates A Need For Protective Film. Increased Sales Of These Devices Are Therefore Expected To Fuel The Demand For Surface Protection Films During The Forecast Period.
Automation Sector Had Accounted For a Significant Share Of XX % In 2019 And Is Expected To Remain Dominant During The Forecast Period 2020 To 2028.
Surface Protection Films Are Used As Complementary Products In Variety Of End Use Sectors. In Addition To This, There Is A Growing Expansion Of The Automation Industry, Along With Demand For Connected Consumer Devices, Embedded In Flat Screen Systems. These Are Likely To Catalyze The Growth Of The Surface Film Protection Market. This Report Estimated A Decent Growth Rate In The Global Market For Surface Film Safety During The Forecast Period From 2019 To 2027.
PE And PET Collectively Accounted For a Significant Share in Surface Protection Films Market
Polyethylene (PE) Continues To Be On Demand In The Surface Protection Film Market, Producing Sales Of More Than Half A Billion. Polyethylene Terephthalate (PET) Has Also Witnessed Increasing Preference Among End Use Industries, Especially In Emerging Regional Markets. More Than 50 % Of The Surface Protection Films Manufactured Are Either Made From PE Or PET. European Manufacturers And End-Users Will Continue To Prefer PE & PET Based Surface Protection Films. And These Factors Are Expected To Boost The Growth Of Surface Protection Films Market During The Forecast Period (2020-2028).
Asia Pacific Remains Dominant in Surface Protection Films Market during the Forecast Period
The Asia Pacific Surface Film Protection Market Is Expected To Be A Dominant Market During The Forecast Period. A CAGR Of ~7.2 % is expected to Be Observed during the Forecast Period. The Asia-Pacific Region Is Projected To Be A Highly Profitable Region With Respect To The Market Share Of Surface Protection Films By The End Of The Forecast Period. The Automotive Sector Is One Of The Key Contributors To GDP And Employment In The Asia-Pacific Region. As The Region Comprises Of Many Developing Countries, It Is Expected To Witness Strong GDP Growth Rate During The Forecast Period. These Factors Contribute To The Growth Of Surface Protection Films Market And High Opportunities Are Expected To Be Witnessed In Asia Pacific Region During The Forecast Period.
Competition Among Key Players In The Global Surface Protection Films Market Is Expected To Be High In Coming Years, As Firms Compete Global Surface Protection Films Market by Factors Such As Increased Investments In Research And Development, Product Innovation, Production Technologies And Product Quality.
The Major Players In The Global Market For Surface Film Protection Include 3M, E. I. Du Pont De Nemours And Company, Nitto Denko Corporation, LINTEC Corporation, Intertape Polymer Group, Echotape, Sekisui Chemical Co., Ltd, Nitto Denko Corporation And Others
Surface Protection Films Market Segmentation:
Global Surface Protection Films Market by Thickness:
- Up To 25 Microns
- 25-50 Microns
- 50-100 Microns
- 100-150 Microns
- Above 150 Microns
Global Surface Protection Films Market by Technology:
- Adhesive Lamination:
- Dry Bond Lamination
- Wet Bond Lamination
- Energy Curable Adhesive Lamination
- Hot Melt Seal Coating
- Solventless Lamination
- Coextrusion Lamination
Global Surface Protection Films Market by Material:
Global Surface Protection Films Market by Color:
Global Surface Protection Films Market by Application:
- Metal Sheets
- Glass & Mirror
- Prepainted Surfaces
- Plastic Sheets
- PVC Profiles
- Furniture Surfaces
- Carpet Protection
Global Surface Protection Films Market by End-use Industry:
- Construction & Interior
- Electrical & Electronics
Global Surface Protection Films Market by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa