Global Adhesion Laminated Surface Protection Films Market at a CAGR of 4.57 % Growth, Trends and Abs
Global adhesion laminated surface protection films market By Product Thickness (Up To 25 Microns, 25-50 Microns, 50-100 Microns, 100-150 Microns, Above 150 Microns), Lamination Technology (Dry Bond Lamination, Wet Bond Lamination, Energy Curable Lamination, Hot Melt Seal Coating, Solventless Lamination, Others), End- User Industry (Construction & Interior, Electrical & Electronics, Automotive, Industrial, Healthcare, Others)
Market Analysis: Global Adhesion Laminated Surface Protection Films MarketGlobal adhesion laminated surface protection films market is set to witness a steady CAGR of 4.57% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing demand for consumer electronics and growing construction industry is the factor for the growth of this market.
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Competitive Analysis:
Global adhesion laminated surface protection films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of adhesion laminated surface protection films market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Adhesion Laminated Surface Protection Films MarketGlobal adhesion laminated surface protection film is usually used to cover high- gloss metal sheet and painted metal sheet which are usually made of stainless steel or aluminium. This usually consists of a polymer based substrate layer and adhesive layer. Their main function is to protect the product from abrasion and scratches. Dry bond lamination, energy curable lamination, solventless lamination and others are some of the common technologies which are being used widely used in industries such as electrical and electronic, industrial, healthcare and others.
Market Drivers:
- Rising demand of these films for construction and interior activities will drive market growth
- Increasing penetration of the internet will also propel the market growth
- Growing popularity of consumer electronics products will also drive market growth
- Usage of environment friendly resin for the manufacturing of these products will also accelerate the market growth
Market Restraints:
- Concern associated with the production of harmful by-products will restrain the growth of this market
- Increasing environmental concern among population will also hamper market growth
By Product Thickness
- Up To 25 Microns
- 25-50 Microns
- 50-100 Microns
- 100-150 Microns
- Above 150 Microns
By Lamination Technology
- Dry Bond Lamination
- Wet Bond Lamination
- Energy Curable Lamination
- Hot Melt Seal Coating
- Solventless Lamination
By End- User Industry
- Construction & Interior
- Electrical & Electronics
- Automotive
- Industrial
- Healthcare
Key Developments in the Market:
In February 2019, POLIFILM PROTECTION announced the acquisition of POLI-FILM Australia Pty Limited so that they can expand their business worldwide. This acquisition will help the company to enhance their product with new technologies and will also increase their production capabilities.
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