Global Breathable Films Market Research Report by Type (Polyethylene, Polypropylene, Polyurethane Polyether Block Amide, Co-Polyamide and Polyether Ester), by Application (Hygiene, Medical, Food Packaging, Construction and Fabric) – Forecast till 2023
Pune, India -- (SBWIRE) -- 03/05/2018 -- Segmentation:
The Global Breathable Films Market is segmented into the type, and application. On the basis of the type, the market is sub-divided into polyethylene, polypropylene, polyurethane polyether block amide, co-polyamide, and polyether ester segments. On the basis of the application, the market is further segregated into hygiene, medical, food packaging, construction, fabric, and others.
Some of the well-known players operating in the Global Breathable Films Market are Clopay Plastic Products Co., Inc. (U.S.), The RKW Group (Germany), Arkema S.A. (France), Mitsui Chemicals, Inc (Japan), TORAY INDUSTRIES, INC. (Japan), Covestro AG (Germany), NITTO DENKO CORPORATION (Japan), Fatra A.S. (Czech Republic), Schweitzer-Mauduit International, Inc.(U.S.),and Trioplast Industrier AB (Sweden) among others.
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Breathable Films are used in a wide variety of applications, due to their capability of offering superior performance, enhanced efficiency, and reliable nature to the product. Thus, they are used in various applications such as hygiene, medical, food packaging, construction, fabric, and others. The Global Breathable Films Market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is projected to continue leading, owing to the increasing consumption of polyethylene breathable films in hygiene, medical, food packaging, and others. It is estimated that the medical segment is set to observe the highest CAGR in the market due to growing population coupled with rapid urbanization in the region. Moreover, increasing demand for breathable films in end-use applications is likely to witness a rapid growth during the forecast period. These factors have led to China, India, and Japan to be the major players of this region.
The North American market is expected to grow at a higher CAGR due to extensive consumption of plastic films in hygiene, medical, food packaging, and other sectors. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in end-use industries. Therefore, the growing demand for Breathable Films produced from mineral fillers are estimated to drive the market during the forecast period.
A significant development is achieved in Europe due to the growing demand for the product in polymer, chemical, oil & gas industries, and others. The rapid urbanization coupled with technology have propelled the market to witness a higher growth. Thus, countries such as Germany, the U.K, and Italy are the major contributors to this market.
A considerable development is predicted in the Latin American region such as in Brazil, Uruguay, and Argentina due to the growing consumption of breathable films such as polyethylene, polyurethane polyether block amide breathable films in major industries. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing demand for low density products in hygiene, medical and other sectors.
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