DUBLIN, March 8, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/s4r53l/high_performance) has announced the addition of the "High Performance Film Market - Global Trends & Forecast to 2020" report to their offering.
The global high-performance film (HPF) market, in terms of value, is projected to reach USD 42.25 Billion by 2020, growing at a CAGR of 7.51% from 2015 to 2020.
High-growth application areas such as construction, packaging, automotive & transportation, and electrical & electronics, and extensive product launch and agreement & collaboration activities by companies are key factors driving the growth of the global HPF market.
The HPF market is expected to witness substantial growth, due to the increasing demand for and adoption of the films in various applications, including construction, packaging, automotive & transportation, electrical & electronics, aircraft/aerospace, and other applications (photography, personal car, clothing, and office products).
Currently, Asia-Pacific is estimated to be the largest market for HPF, accounting for more than half of the global market share, by value, in 2014. China dominated the Asia-Pacific HPF market in 2014, followed by Japan. India is the fastest-growing market for HPF, and is expected to surpass China in the near future.
The high economic growth rate, growing demand for applications (such as packaging, automotive & transport, aircraft/aerospace, electrical & electronics, construction, and others), low-cost labor, and competitive manufacturing costs are the main factors boosting the growth of the HPF market in the Asia-Pacific region.
Although the HPF market is growing at a significant rate, certain factors could hinder market growth. High capital expenditure and the need for technical expertise are restricting the growth of the HPF market.
Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 HPF Market, By Material
8 HPF Market, By Type
9 HPF Market, By End User Industry
10 HPF Market, By Region
11 Competitive Landscape
12 Company Profiles
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/s4r53l/high_performance
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SOURCE Research and Markets
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