Surface Protection Films Industry Overview:
Surface protection films are flexible plastic films with self-adhesive properties. The design of the surface protection films consists of a polymer-based substrate layer coated with an adhesive layer. These films ensure product longevity and are cost-effective way to maintain costly products. They resist the penetration of environmental elements such as chemical substances, gaseous erosive substances, etc.
Global surface protection films market and is expected to Reach USD 549.6 Mn by 2027.
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Surface Protection Films Industry Drivers and restraints:
Surface protection films act as complementary products, and their demand depends on the growth of the demand for substrates in the used industries. The main factor that should drive the growth of the global Surface Protection Films Industry is the growth of the construction and consumer electronics industries. The APEJ region offers many growth opportunities for the automotive industry, with countries such as India registering an increase in sales of more than 9% in the last quarter. It is expected that this, combined with a significant demand for electronic devices with flat screens, will further strengthen the regional market for surface protection films.
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Surface Protection Films Industry Geographical Presence:
Latin American countries, such as Brazil, experienced poor growth rates in the construction sector after the region was hit by one of the worst recessions in the recent period. There hs been economical rise in this market, but it is likely that it will take time to reach a normal state. As the economy recovers its losses in the last three years, the region will register gains, offering new opportunities for the market of surface protection films, while industries such as the automotive and electronics industry. The public in general and the sector of the construction are being developed. The APEJ region offers many growth opportunities in the consumer electronics sector as companies seek to relocate their production in China. The region has seen an increase in tablet production. In addition, there is a growing demand for hybrid laptops. China accounts for almost 45% of global sales of electronic products. While in the early days, the demand for hybrid laptops and other consumer electronics products is expected to grow during the forecast period. This makes APEJ one of the most attractive regions for investors in the market of films for surface protection.
Key Players Covered in this Surface Protection Films Industry Report arte:
3M, Eastman, Avery Denison, ExxonMobil Chemical, ZAGG, OtterBox, Nitto, XPEL, Solar Gard (Saint-Gobain), Orafol, BELKIN, Argotec, Tech Armor, MOSHI, Hexis Graphics (Hexis SA), XtremeGuard, Halo Screen Protector Film, PowerSupport, intelliARMOR, Crystal Armor, Spigen, Air-J, BodyGuardz
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