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High Performance Films Market 2019-2025; Growth Forecast & Industry Share Report

Author : Rahul Varpe | Published Date : 2019-06-14 

Asia Pacific automotive applications are predicted to reach over 230 kilo tons with growth over 5% by 2024. Growing automobile production rate due to easy and low price labor availability will positively impact the industry outlook.

 Middle East high performance films market size is expected to witness growth at over 3% from 2016 to 2024. Increasing demand for packaging and construction industry may propel the business growth.

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According to a new research report by Global Market Insights, Inc. High Performance Films Market size is set to cross USD 54 billion by 2024.

High performance films market size demand from personal care is expected to exceed 940 kilotons with growth of over 4% by 2024. It finds application in adult and feminine incontinence products and disposable diapers. Increasing awareness towards personal hygiene along with economy growth in Latin America and Asia Pacific may propel industry growth.

Growing packaging industry demand owing to expansion of retail sector, electronics and pharmaceuticals will drive the high performance films market share over forecast period. Enhanced flexibility, chemical resistance, and durability are some of the features which makes it preferable over other available alternatives.

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Global high performance films market size is highly fragmented in nature. Key player includes Covestro, Bernis, 3M, Evonik, DuPont, Sealed Air Corporation, Honeywell, Clopay Plastic, Eastman and Dow Chemical.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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