Specialty Films Market Size, Share, Growth and Forecast Report, 2027

The global specialty films market size reached a value of US$ 36.89 Billion in 2021 and is expected to reach a value of US$ 52.5 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027.


George Poter

a year ago | 3 min read

The global specialty films market size reached a value of US$ 36.89 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 52.5 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027.

Specialty films are extensible, flexible, high-performance polymers with various packaging applications. They facilitate the long-term storage of packaged goods by providing advantages such as toughness, heat resistance, and moisture resistance. They are widely available in various types, including conductive, stretch, barrier, and shrink. They offer high tensile strength, superior adhesion, better flex durability, and heat-celling at affordable prices. As a result, specialty films find extensive insulation and conduction applications and prevent external contamination in the product.

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Specialty Films Market Trends and Drivers:

The global specialty films market is primarily driven by the increasing product demand across various industries, such as packaging, personal care, electronics, transportation, pharmaceutical, and construction. Moreover, the rising usage of biaxially oriented polypropylene (BOPP) as a primary raw material in manufacturing flexible packaging films is another major growth-inducing factor. Additionally, governments of numerous countries are promoting biodegradable packaging solutions due to rising environmental concerns. In line with this, the escalating demand for biodegradable packages that reduce petroleum usage, waste production, and greenhouse gas (GHG) emissions is positively influencing the market growth.

Besides this, the surging product adoption in the food and beverages (F&B) sector for ensuring longer shelf life and maintaining a nutritional profile by protecting fast-moving consumer goods (FMCG) from heat, ultraviolet (UV) radiation, moisture, and contamination has catalyzed the market growth. Furthermore, the increasing consumption of processed foods due to rising living standards has augmented product demand. Other factors, including the ongoing research and development (R&D) activities, the launch of technologically advanced specialty film materials, and rapid urbanization, are also anticipated to create a favorable market outlook.

Global Specialty Films Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these top key players include:

  • 3M Company
  • Avery Dennison Corporation
  • Covestro AG
  • DuPont de Nemours Inc.
  • Evonik Industries AG
  • Honeywell International Inc.
  • Inteplast Group Corporation
  • Kaneka Corporation
  • Mondi plc
  • Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
  • Toray Industries Inc.
  • Ube Industries Ltd.

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The report has segmented the market on the basis of region, resin, function and end use industry.

Breakup by Resin:

  • Polyester
  • Nylon
  • Polyacrylamide
  • Fluoropolymer
  • Polyimide
  • Polyolefin
  • Others

Breakup by Function:

  • Barrier
  • Conduction and Insulation
  • Microporous
  • Safety and Security
  • Others

Breakup by End Use Industry:

  • Packaging
  • Personal Care
  • Electrical and Electronics
  • Transportation
  • Construction
  • Medical

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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Created by

George Poter







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