Global Protective Film Market - 2020-2027
|保護膜全球市場（2020-2027） Global Protective Film Market - 2020-2027|
|出版日期: 2020年10月23日||內容資訊: 英文||
The global protective film market size was worth US$ XX billion in 2019 and is estimated to reach US$ XX billion by 2027, growing at a CAGR of XX % during the forecast period (2020-2027).
Protective film is ultra-thin film which provides protection against scratches and knocks, damage and therefore extends life of the components. Protective film as thermoplastic urethane, polypropylene, polyvinyl chloride, low-density polyethylene (LDPE), polyolefin, Polyethylene Terephthalate, Poly Methyl Methacrylate (PMMA) and among others is used as lamination material in several industries.
These films are used in the protection of the automotive components, body, panels as well as construction industry such as doors, windows etc. The protective film provides protection against scratches, stone chips, bug splatter in the buildings & construction and automotive industry.
The use of protective film in furnishings and fittings is to make home sage from a potential environmental pollution. All types of parts are being be protected at all stages of the manufacturing using protective film for interior and exterior usages. Film also reduces non-quality costs, removes adhesive residue, and improves the life of the components. These protective films are used in several industries including automotive, chemical industries, food industries, manufacturing plants, pharmaceutical industries and among others.
Rising demand for protective films for growing automotive production and rising construction sectors drives the market growth
Protective film are widely used in the automotive and construction industry for vital role in making envirnment cleaan, safe and hygenic. As per the International Organization of Motor Vehicle Manufacturers (OICA), the light commercial vehicle and passenge vehicle production reached to around 24,637,665 number of units and 67,149,196 number of units around the globe.
Global protective film is further widely used in the construction industry in interiors for providing temporary protection against hard surfaces, synthetic carpets, walls, flooring and also protect buildings against debris and damages. For instance, in 2019, the Government of Canada has planned to invest around US$ 36.5 million for supporting, develoing and implementing the renovation of deep retrofits for existing buildings and new net-zero-energy-ready buildings for fcilitating the protective film coating and wrapping.
Rising demand of the solar energy with advent of renewable energy sources
Rising usage of renewable solar sources due to surge in the global population with boost in energy requirement with surge in idustrialization have propelled the demand has propelled the protective film market. The protective films are widely used in the manunfacturing of solar panels, solar equipments as well as consumer electronics for providing protection against dirts, and other envrnmental impacts.
Rising adoption of renewable chemical materials in protective film and surge in expansion of production capacity have created huge opportunity for the market growth
Several leading industries are launching the renewable and envirnment friendly products for the protection of buildings and construction may create huge opportunity for the growth of this market. For instance 23rd October 2019, Garware Polyester expanded its product portfolio by launching of paint protection films which designed for delivering the highest level of protection. This innovative film offers self-healing paint with the highest level of impact resistance of protection films.
COVID-19 Impact Analysis
The global protective film market has been declied during the COVID-19 pandemic, as several manufacturing industries were in the lockdown state in several countries. However the demand has slightly increased in the month of June 2020 as several countries began its protection of automobile and consumer electronics as protective film helps to protect these components from dirts and scratches.
Several leading players have cancelled and some postponed the fututre deals, merger, acquisition and partnership activities due to downfall of demand which even lead to bankruptcy of several stakeholders. According to Society of Indian Automobile Manufacturers (SIAM), commercial vehicles sales decreased by 88% in India and passenger vehicle sales declined by 51% in India in March 2020 which subsequently hampered the growth of protective film market.
Market Segment Analysis
The global protective film market is segmented based on material, type, coating, thickness, texture, coating, application, end-user and region.
By material, the polyethylene segment accounted for the largest share of the global Protective film market in 2019
On the basis of material, the global protective film market is segmented into polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), polyamide (PA), polyurethane (PU), paper and others. Among this polyethylene has the highest market share in 2019, this is primarily due to stretch feature in PE films.
According to the census government organization, polymer consumption projected to reach 20 MMT by 2020 construction spending during August 2020 increasing at the rate of US$1,412.8 billion annually. It created massive demand PP as protective film used in the construction industry.
Extarnally coated adhesive films are heavily used in automotives
By type, the adhesive coated segment accounted for the largest share of the global protective film market in 2019. Among this adhesive coated has the highest share in 2020, this is primarily due to increasing demand for the adhesives with surge in the industrializations, logistics and rising demand in the food processing industries, automotive and consumers electronics industries. Several leading players are launching newly developed innovative protective film with proper adhesive bonding and coating for increasing the life of the components.
For instance on 14th August 2020, the Company Ultrafit one of the leading automotive protection film manufacturer have developed the world's first non-delamination windshield for providing protection and to cater the most an inherent problem of windshield. The film is the laminated with synthetic resin and adhesives to provide protection against cracking or falling off.
Aluminum coated films are gaining traction globally owing to neat and shiny surface provided by aluminium coating
By coating, the protective film market is segmented into smooth and glossy surfaces, aluminum, chromium, metal pre-coated, matt and grained surfaces and others. Among this, aluminum coating accounted for the largest share of the protective film market in 2019, this is primarily due to launching and development of new pretective films for several applications in automotive and construction industry.
For instance on 2nd April 2020, the Department of Industrial Engineering and University of Trento has developed Double Hydroxide Protective Films developed using Aluminum and Aluminum Alloys. The film is being coated with aluminum using synthetic methods which provides anti-corrosion property.
Metal surface are more prone to dents and scratches and hence require more sophesticated protection film
By application, the market is segmented by metals, glass, textiles, woods, marbles, molded plastic and others. Among this metal protection film segment has the highest share due to rising demand for protective film with surge in the consumption of the stainless steel for developing infrastructre projects with surge in urban population around the globe.
Automotive body uses large quantities of protective films .
By end-user, the market is segmented by automotive (passenger car, bus and truck, others), building & construction (residential, commercial, industrial, infrastructure), electronics, healthcare, aerospace, industrial, marine, packaging and others.
Among this automotive segment has the highest share in 2019, due to rising sale and production of the electric vehicles, commercial as well as passenger vehicles around the globe. For instance as per the International Energy Agency, the global stock of electric passenger cars has increased to around 5 million in 2018 with 63% incremented as compare to the previous year. It created massive demand for the protective film for the wrapping of the vehicle components to avoid scratching and damage to the vehicle.
Market Geographical Analysis
Asia-Pacific region holds the largest market share of global protective film market
Asia-Pacific region is dominating the global protective film market and accounted for the largest market share in 2019, due to growing building and constructions, strengthening government policies to help growth of plastic industry, technology up-gradation fund schemes, presence of several manufacturing industries, plastic parks, MSME & skill development programs in this region followed by North America and Europe.
Asia-Pacific region is largest manufacturer of the automotive vehicles and has highest share due to rising population demand. According to International Energy Agency in 2018, around 45% of all electric cars globally are being sold and produced in in China which totalled to around 2.3 million around the globe. It created massive demand for the protective films used in the manufacturing of the automotive components in this industry.
Similarly, North America is the fastest growing region for the growth of the protective film market, this is primarily due to rising construction sector development and investments by the leading companies. According to the Census Government Organization in the United States, private sector construction spending reached to around US$ 1,061.4 billion annually which propels the demand for the protective film market in this industry.
Market Competitive Landscape
The Protective film market is moderately competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Pregis LLC, Saint-Gobain, Toray Industries, Inc., Kao-chia plastics co., ltd, Mactac (a Subsidiary of Lintec Corporation), Covertec SRL, Dunmore, 3M, Nitto Denko Corporation, DuPont, Chargeurs, Arkema, Polifilm Group, Pelloplast Oy, Echotape and among others.
Overview: Echotape, founded in 1973 with headquartered in Chino, California, United States. It is the one of the leading manufacturer of protective films and pressure sensitive adhesive tape solutions with time-tested products that peaks in performance. The Company has more than 200 employees which contribute to the success of customers in nearly all sectors and almost every country in the world.
Product Portfolio: Surface protection film of polyethylene type used for surface protection in a multitude of applications in both manufacturing and industrial markets. For example, Protective Films is used extensively by manufacturers of metal and plastic sheets. Further used for covering and protecting surface of fabricated parts, especially in the automotive and household appliance industry.
The global Protective film market report would provide an access to an approx. 108 market data table, 125 figures and 295 pages.
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