Surface Protection Films Market Will Surpass USD 2,160 Million by 2026
According to the report, The global Surface Protection Films Market in 2019 was approximately USD 1,560 Million. The market is expected to grow at a CAGR of 5% and is anticipated to reach around USD 2,160 Million by 2026.
Surface protection films are plastic films that comprise a polymer-based substrate layer along with a cement layer and possess self-adhesive properties. They are used for safeguarding pricey things from various scratches and dust surfaces and helps in extending their life span. These films also give protection against harsh climatic conditions and other chemical activities. Recently developed and invented protection films also protect against fire and high temperatures. These protective films are easy to use and can be easily removed from the surface on which it is applied. These films can be easily cut, rolled, and packed as per the necessity.
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The major surface protection film types are Polyethylene Terephthalate (PET), Polyethylene (PE), Polyurethane (PU), Polypropylene (PP), Poly Vinyl Chloride (PVC), out of which Polyethylene is predicted to dominate the market as they are considered to be cost-effective and has excellent resistance properties. The thickness segment of 50-100 microns is largely preferred owing to their adequate thickness making it applicable for major applications. By end-user industry, the market is divided into Construction & Interior, Electrical & Electronics, Automotive, Industrial, and Healthcare, out of which the construction industry is projected to dominate the market owing to the increasing per capita income of the people along with the rapid infrastructural developments in the developing countries. The automobile sector is also considered to have the leading share owing to the rising demand for cars for personal and professional purposes.
The Surface Protection Films market research report delivers an acute valuation and taxonomy of the Surface Protection Films industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Surface Protection Films industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Surface Protection Films industry is provided for the leading economies of the world.
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Some of the essential players operating in the Surface Protection Films market, but not restricted to include Chargeurs S.A., Nitto Denko Corp, Tredegar Corporation, Polifilm GmbH, Surface Guard Inc., Ecoplast Ltd., DUNMORE Corporation, Bischof + Klein SE & Co. KG, Grafix Plastics, Surface Armor, LLC, LAMIN-X Protective Films, Pelloplast OY, Sun Packaging, Aristo Flexipack, Alvest SAS, Toray Advanced Film Co., Ltd., MacDermid Autotype Ltd., Wanjie New Material Company, Foshan City Shunde District Hualibao Co Ltd, Jiangyin Hengfang Imp&Exp.Co., Ltd., Shandong Jiarun New Material Co., Ltd., DUTE Industrial Group, and Others.
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