PUNE, India, September 28, 2017 /PRNewswire/ --
Protective films market is forecast to reach $17.57 billion by 2022 from $12.20 billion in 2016 at a CAGR of 6.23% during (2017-2022) driven by the increasing demand for protective films from the building and construction industry, due to growing demand from manufacturers for the manufacture of enhanced and more durable products, as protective films help protect surfaces from damages and the transportation industry especially from the automotive sector according to ReportsnReports.com.
Browse 85 Market Data Tables and 48 Figures spread through 152 Pages and in-depth TOC on "Protective Films Market Global Forecast to 2022" http://www.reportsnreports.com/reports/1197668-protective-films-market-by-class-adhesive-coated-self-adhesive-type-polyethylene-polypropylene-polyethylene-terephthalate-end-use-industry-building-construction-transportation-electronics-and-region-st-to-2022.html.
Asia Pacific is projected to lead the protective films market during the forecast period. The Asia Pacific is the largest market for protective films, and is led by countries, such as China, India, South Korea, and Southeast Asian countries such as Indonesia, Malaysia, Vietnam, Thailand, and others. The demand for protective films in the region is mainly driven by the growing consumption in the building and construction, transportation, and the electronics industries. Significant growth in the building & construction industries of China, India, and other emerging countries such as Indonesia, Thailand, Vietnam, and Malaysia coupled with the growing transportation and electronics industries in Japan and South Korea are driving the protective films market in the region.
The report includes company profiles and competitive strategies adopted by major protective films market players such as Nitto Denko Corporation (Japan), Saint-Gobain (France), 3M (US), Chargeurs (France), DuPont (US), Arkema (France), Avery Dennison (US), Polifilm Group (Germany), and Hitachi Chemical (Japan) to strengthen their positions in the protective films market.
Order a copy of Protective Films Market by Class (Adhesive-Coated, Self-Adhesive), Type (Polyethylene, Polypropylene, Polyethylene Terephthalate), End-Use Industry (Building & Construction, Transportation, Electronics), and Region - Global Forecast to 2022 research report at http://www.reportsnreports.com/purchase.aspx?name=1197668.
The adhesive-coated segment protective films market is projected to account for the largest share amongst the different classes of protective films. Adhesive-coated protective films based on common polymers such as polyethylene, propylene, polyvinyl chloride, and polyethylene terephthalate, among others, belonging to the polyolefin class are the most commonly used protective films. These are easier to manufacture and are lower priced, which makes adhesive-coated protective films a more popular choice than self-adhesive protective films.
The polyethylene protective films segment is projected to account for the largest share during the forecast period from 2017 to 2022. Suitability with different adhesives based on water, acrylic, solvent, and others coupled with the lower cost of polyethylene films makes them a more popular type of protective film. These are also suitable for a majority of the substrates where protective films are applied. These factors are leading to the high demand for the polyethylene type of protective films.
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This study has been validated through primary interviews conducted with various industry experts, globally. These primary sources have been divided into three categories on the basis of the company type, designation, and region.
- By Company Type: Tier 1 - 50%, Tier 2 - 33%, and Tier 3 - 17%
- By Designation: C-Level - 17%, Director Level - 33%, and Others - 50%
- By Region: North America - 25%, Asia Pacific - 50%, and Europe - 25%
Research Coverage: This research report categorizes the protective films market on the basis of class, type, end-use industry, and region. It forecasts revenue growth and includes an analysis of the trends in each of the submarkets. The value forecasts for these segments have also been provided in the report till 2022. The report also includes company profiles and competitive strategies that have been adopted by the major players operating in the protective films market.
Another research titled Automotive Films Market Global Forecast to 2022 says, the automotive films market is projected to reach $6.30 billion by 2022, at a CAGR of 5.3% from 2017 to 2022. Among film types, the wrap films segment is projected to be the fastest-growing segment of the market during the forecast period. Asia-Pacific is projected to be the largest market for automotive films during the forecast period, in terms of volume. Companies such as 3M Company (U.S.), Eastman Chemical Company (U.S.), Avery Dennison Corporation (U.S.), Lintec Corporation (Japan), Saint-Gobain Performance Plastics (France) have been profiled in this 117 pages research report available at http://www.reportsnreports.com/reports/1023895-automotive-films-market-by-film-type-window-films-wrap-films-paint-protection-films-vehicle-type-passenger-cars-commercial-vehicles-and-region-global-forecast-to-2022.html.
Explore more reports on Chemicals Market at http://www.reportsnreports.com/market-research/chemicals/.
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