Europe Specialty Films Market 2020-2030

Specialty films refer to flexible, extensible, high-performance polymers (HPP) that comprise various types of resins, including polyesters, ethylene vinyl alcohol (EVOH), polyvinylidene chloride, nylons, and fluoropolymers. They offer better flex crack resistance, heat-celling, superior adhesion, and high tensile strength at cost-effective prices, due to which they are deployed for conduction and insulation purposes and protecting the products against external contamination. At present, the specialty films are commercially available in varying types, such as stretch, shrink, conductive, and barrier. Europe specialty films market accounted for $6,294.8 million in 2020 and will grow by 4.9% annually over 2020-2030 owing to robust and high tensile packaging application, increasing demand for the product in various industry verticals, and the development of technologically advanced materials. 

The widespread adoption of specialty films across various industrial verticals, such as packaging, personal care, electronics, transportation, pharmaceutical, and construction, on account of the increasing demand for heat-resistant packaging solutions, is one of the key factors primarily driving the market growth. Specialty packages are further utilized in the food and beverages (F&B) sector for storing and protecting various fast-moving consumer goods (FMCG) from moisture, contamination, heat, and ultraviolet (UV) radiations, while ensuring longer shelf life and maintaining the nutritional profile.  Moreover, the extensive utilization of biaxially oriented polypropylene (BOPP) as a raw material for manufacturing flexible packaging films is also contributing to the market. Additionally, the rising environmental concerns amongst the consumers have prompted the government bodies of various countries to promote the usage of biodegradable packaging solutions. Biodegradable packages aid in minimizing greenhouse gas (GHG) emissions, petroleum consumption, and the amount of waste being produced, which, in turn, is supporting the market growth. Apart from this, strategic collaborations amongst key players and the escalating investments in the research and development (R&D) activities to engineer technologically advanced specialty film materials are creating a positive outlook for the market. in conjecture to this the pharmaceutical market also contributes heavily to the demand of specialty films. This is due to the need of providing proper packaging which is resistant to contamination of any kind, whether environmental or pathogenic in nature. The growing demand for high-value, technologically advanced materials with enhanced barrier properties, controlled permeability, and resistivity to outside temperature have been driving the growth of the market. Looking forward, the development of technologically advanced materials, based on bio-based polymers are anticipated to boost the growth of the market in the coming years. which is due to the fact that the consumer trends are shifting towards sustainability and eco-friendly practices. Bio-based polymers are majorly plant sourced and include materials like cellulose, starch and hemicellulose. Engineered to be lightweight, easy to clean and durable, films prevent scuffs, mild damage and are flame resistant. Specialty films are utilized in the aerospace industry to protect windows, expedite cleaning of lavatories, preserve overhead bins and more. The application of specialty films also elongate the shelf life of many products as well as mechanisms, this product is also used in Aerospace by providing greater resistance and lightweight character. 
Few of the major barriers in the market are firstly the aforementioned issue of sustainability, followed by the price fluctuations of the raw materials like crude oil and natural gas. This is price fluctuation is due to the economic distress of the European Union and secondly the Russian political crisis, as the country is the major supply of natural gas for the regions. These obstacles are further followed by the rise in adoption of rigid and flexible plastic materials in the packaging industry, which is where the majority of the film demand comes from. 

COVID-19 Impact 
The market like any other was heavily affected by the Pandemic, with disruption in supply chains and transportations issues the specialty film market had to suffer greatly. This restricted international travel, coupled with fluctuating prices and economic distress brought forth by the pandemic created a very negative effect on the business. Not only this but the market also faced production issue with lack in consistent human resource. But on the other hand the post pandemic demands saw an increase due to the need for hygiene packing solutions which the specialty films could very well provide.  

Highlighted with 31 tables and 46 figures, this 108-page report “Europe Specialty Films Market 2020-2030 by Resin (Polyester, Nylon, Polyolefin, Fluoropolymer), Function (Barrier, Safety, Conduction), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe specialty films market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. 

In-depth qualitative analyses include identification and investigation of the following aspects:
   • Market Structure 
   • Growth Drivers 
   • Restraints and Challenges
   • Emerging Product Trends & Market Opportunities
   • Porter’s Fiver Forces

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe specialty films market in every aspect of the classification from perspectives of Resin, Function, Industry Vertical, and Country. 

By Resin
     • Polyester
     • Nylon
     • Polyolefin
     • Fluoropolymer
     • Polyacrylamide
     • Polyimide
     • Other Resins

By Function 
     • Barrier
     • Safety and Security
     • Conduction and Insulation
     • Microporous Function
     • Decorative Function
     • Other Functions

By Industry Vertical
     • Packaging
     • Transportation
     • Construction
     • Personal Care
     • Electrical and Electronics
     • Medical Industry
     • Other Industry Verticals

By Geography
     • Germany
     • UK
     • France
     • Spain
     • Italy
     • Russia
     • Rest of Europe (further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

For each key country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of key national markets by Resin, Function, and Industry Vertical over the forecast years is also included.
Specifically, potential risks associated with investing in Asia Pacific specialty films market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players

Key Players (this may not be a complete list and extra companies can be added upon request): 
3M, Akzo Nobel NV, Avery Dennison, Bemis Co., Inc., Covestro AG, DuPont Teijin Films, Evonik Industries AG, Honeywell International Inc., Inteplast Group, KANEKA Corporation, Kuraray America Inc., SABIC, SKC, The Chemours Company, Toray Industries Inc., UBE Industries Ltd.,  

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Make this report your own

Have queries/questions regarding a report?

Take advantage of intelligence tailored to your business objective

Ask an Expert

Manmayi Raval

Research Consultant

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now