+1-888-308-5802     
News Contact Us

Polyethylene Naphthalate Market Regional Trend & Growth Projections By 2019-2024

Author : Rahul Varpe | Published Date : 2019-09-23 

The Polyethylene Naphthalate Market study by Global Market Insights, Inc., is a collation of valuable insights related to market size, market share, profitability margin, growth dynamics and regional proliferation of this business vertical. The study further includes a detailed analysis pertaining to key challenges, growth opportunities and application segments of the market.

Polyethylene naphthalate market from electronics applications may surpass USD 300 million by the end of forecast period. PEN films provides excellent UV resistance, low heat shrinkage, high gloss and optical clarity. The product's provides relative high melting point and glass transition temperature (120°C) which are highly suitable for applications requiring sterilization at maximum temperatures. Some of the major electronics and electrical applications include optical displays, flexible printed circuits, electrical insulation, laminates, labels and processing films for semiconductors.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/3068

Rising demand for convenience foods, rapid lifestyle changes, rising urban population and shifting consumer preference towards ready to eat meals may propagate market growth. Polyethylene naphthalate products provide superior barrier properties, oxygen and moisture barrier, water vapor and UV resistance. Additionally, increasing fast food consumption and expanding food retail sector majorly in India, China and U.S., may have a positive impact on the market growth.

Polyethylene naphthalate market from automotive tyre applications may register gains at above 7.5% by the end of 2024. These products are highly utilized in the tyre manufacturing majorly suited for high-end luxury cars providing noise reduction along with rigidity. PEN based films enables light weight in cars and trucks thereby enabling fuel efficiency and reduction in Co2 emissions. Stringent EPA regulations regarding high fuel efficiency has promoted automotive manufacturers to incorporate products which provides light weight to vehicles thereby stimulating PEN market growth.

Asia Pacific polyethylene naphthalate from beverage bottling applications may surpass USD 190 million by 2024. The product provides oxidation resistance, durability, excellent barrier properties, flexibility, robustness and great compatibility with various chemicals making it suitable for making bottle packaging. Increasing consumer demand for alcoholic beverages mainly beer owing to growing youth population, urbanization and increasing affordability of such beverages may boost product market demand in the region.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3068

Global polyethylene naphthalate is competitive and substantially consolidated with industry participants including Teijin, Toray, Dupont, EPC, Toray, Polyonics, Seiwa Inc. and DuraFiber Technologies, Inc. Prominent industry giants are engaged in forming partnerships, collaborations and joint ventures for enhancing product range and regional reach along with heavy investments in research purposes.

Read more news @ https://www.marketwatch.com/press-release/paperboard-packaging-market-by-regional-analysis-and-application-oriented-trends-to-2019-2024-2019-09-23

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

Related News

Hot Melt Adhesives Market Statistics 2019-2024 by Products, Materials and Application Potential

Published Date: 2019-10-16         Author: Rahul Varpe

Global Market Insights, Inc. presents an extensive report on Hot Melt Adhesives Market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help... Read More

Geotextile Market Forecasts: Over 2019-2024 by Product, Materials & Application

Published Date: 2019-10-16         Author: Rahul Varpe

Global geotextile market should exceed consumption of 10 billion square meters by end of 2024. Positive outlook for growth in infrastructure spending particularly in India, Thailand, Malaysia and China along with rapid urbanization should drive product demand. Synthetic fiber products are based o... Read More

Rare Earth Metals Market Size Forecasts | Global Statistics Over 2019-2024

Published Date: 2019-10-16         Author: Rahul Varpe

Following the lines of numerous industry verticals, rare earth metals market has also succumbed to the vast expanse of technology, emerging as a pivotal sphere of the polymers space. In the current scenario, numerous electronic components ranging from computer hard drives and cellular phones to elec... Read More

© 2019 Fractovia. All Rights Reserved