Effective UV Protection – A Critical Parameter When Used for Industrial Applications
The emergence of greenhouse technology and growing need to protect industrial products from the sun’s UV rays has led to the development UV stabilized films market. As continuous exposure to UV rays is likely to weaken the strength and holding ability of the film, manufactures are constantly targeted towards enhancing the film extruding process and developing products with high mechanical strength.
UV Stabilized Films Market – Key Research Findings
The global UV stabilized films estimated market size in 2019 – more than US$ 28 Bn.
The UV stabilized films market is expected to witness a value CAGR of over 5.0%, during the period 2019-2029.
East Asia & Europe, cumulatively, are expected to account for more than 3/5 of the global UV stabilized films market in terms of market value share during the forecast period.
Europe is expected to represent an incremental opportunity of over US$ 1,365 Bn by the end of 2023.
Among various product types, the adhesive films segment is a prominent segment in terms of revenue generation, owing to its superior adhesive performance.
Among the various UV stabilized films, adhesive films offer good UV-resistance and heat barrier with excellent adhesion.
The co-extrusion coating segment is anticipated to remain dominant technology for the manufacturing of UV stabilized films owing to the better structure of films.
Key Factors Impacting the Global UV Stabilized Films Market
Increasing Global Focus on Maximizing Agriculture Output Can Generate Significant Demand for UV Stabilized Films in the Market
The demand for food items such as crops, fruits, and vegetables has been increasing due to the growth in global population. Various regions are focusing on maximizing their agriculture output in order to meet the rising food demand. UV stabilized films play an important role in the field of agriculture as they provide desirable climate, enhance soil nutrients, and maintain the value of nutrients. UV stabilized films also protect plants from pets and diseases, and balance the quality and quantity of crops. Usage of UV stabilized films for greenhouse in agriculture has proven to ramp up the production rate by 10-30%. Economies are shifting their focus on expanding agriculture output, which is expected to create significant demand for UV stabilized films during the forecast period.
Continuous Expansion of Various End-Use Industries in Emerging Economies to Create Immense Growth Opportunities for the UV Stabilized Films Market
Manufacturers operating in the global UV stabilized films market are constantly targeting market development activities to generate additional revenue. The global market for UV stabilized films is witnessing a paradigm shift towards untapped markets in emerging economies. High growth rate of end-use industries such as food, building & construction, agriculture, automotive, electrical & electronics, chemicals, and others is likely to create significant demand for UV stabilized films during the forecast period.
UV Stabilized Films Market: Structure Analysis
The global UV stabilized films market is a fragmented market due to the presence of several regional and unorganized market players
Key tier-1 players in the UV stabilized films market include Uflex Ltd, RKW SE, Toyobo Co., Ltd, Kolon Industries, Inc, Kangde Xin Composite Material Group Co., Ltd. (KDX), Toray Plastics (America). Inc., DuPont Teijin Films U.S. Limited, etc
For growth, manufacturers are following the strategy of differentiated product offerings through product innovation.
In December 2018, Uflex Ltd. was granted US patent for formable films that includes one or more layers of BOPET used in Alu Alu blister packaging.
In October 2018, Mitsubishi Polyester Film, Inc. launched new high service temperature solutions with Superio UT-based PEI (Polyetherimid) film.
In July 2017, the company launched two ultra-high barrier PET films for extended shelf life and E-commerce applications.
Market Projected to Expand 1.7X through 2029
The global UV stabilized films market is expected to register substantial growth during the forecast period, primarily driven by the increasing demand from non-packaging end-use industries. Advancements in agricultural practices including greenhouse cultivation to sustain food requirements of rising global population will continue to create a high demand for UV stabilized films. Rapid expansion of construction industry, especially in developing countries, is further likely to provide potential growth prospects of the market.
Developing Countries Hold Sustainable Growth Opportunities
Although Europe continues to hold a significant share in UV stabilized films market with presence of well-established players, East Asia is likely to take over its leading position during the predefined period. As urbanization and industrialization in the region are continuously on an upward swing, market vendors are focused on capitalizing on East Asian countries through expansion of their manufacturing facilities and production capacities. China is expected to provide sustained opportunities of growth for manufacturers UV stabilized films.
The Broader Outlook
UV stabilized films, which offer superior barrier performance against sunlight and other external contamination, are in demand for packaging solutions that help processed food products extend their shelf life and preserve overall food quality. With rising intolerance of plastics and greater awareness of sustainability, manufacturers are directing their investments towards R&D activities to enhance the recyclability of their products and minimize the environmental impact.
Films of 20 to 40-micron thickness remain preferred among manufacturers
Demand for films of 40 to 50 micron thickness to pick pace
Industrial applications account for over 2/5th of total revenue share
UV stabilized films for printing to witness significant demand
How Growth will Unfold
The non-packaging end-use industry is projected to maintain its growth impetus in terms of market value, whereas the packaging industry is anticipated to complement the market growth.
Non-packaging | Packaging
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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UV Stabilized Films Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market report published by FMI, “UV Stabilized Films Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the UV stabilized films market, the growth prospects of the market are obtained with maximum precision.
UV Stabilized Films Market Taxonomy
The global UV stabilized films market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
By Product Type
- Optical Films
- Retardation Films
- TAC Films
- Adhesive Films
- Diffuser Films
- Anti-reflection Films
- Dicing Films
- Pressure-sensitive Films
- Conductive Films
By Material Type
- Material Type
- Others (PC, PP)
- Up to 20 micron
- 20 to 40 micron
- 40 to 50 micron
- 50 micron & Above
- Adhesion Lamination
- Co-extrusion Coating
- Fiber Reinforced Panels
- Greenhouse Films
- Electrical Insulation
- Outdoor Labels
- Wrapping Films
By End-use Industry
- Building & Construction
- Electrical & Electronics
- Meat, Poultry & Seafood
- Dry Fruits
- Dairy Products
- Other UV-sensitive Products
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
The report commences with the executive summary of the UV stabilized films market, which includes a summary of the key findings and statistics of the market. It also includes dominating segments in the global UV stabilized films market, along-with key facts about UV stabilized films. It also includes graphical representation of the segments according to market size and growth rate.
Readers can find detailed taxonomy and definition of the UV stabilized films market in this chapter, which will help them understand the basic information about UV stabilized films present in the market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the UV stabilized films market report.
The report provides key market trends that are expected to impact market growth significantly in the upcoming years. Detailed industry trends are provided in this section, along with key market developments or product innovations, which are likely to have a significant impact on the UV stabilized films market.
This section covers the qualitative indicators such as ease of doing business in various countries.
This section explains the global market value & volume analysis and forecast for the UV stabilized films market between the forecast period of 2019-2029. It includes the detailed analysis of the historical UV stabilized films market, along with an opportunity analysis for the future. Readers can also find the absolute opportunity for the current year (2019 – 2020), and incremental opportunity for the forecast period (2019 – 2029).
This section highlights the average pricing analysis of various product types of UV stabilized films, in different regions across the globe. The weighted average pricing at the manufacturer-level is analyzed in this section.
This section explains the consumption analysis of UV stabilized films, global value (US$ Mn), and volume (‘000 Tonnes).
This chapter explains the product features/specifications and key macro-economic factors that are expected to influence the growth of the UV stabilized films market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the UV stabilized films market. This chapter also highlights key market dynamics of the UV stabilized films market, which include the drivers and restraints. Moreover, readers will understand the key trends followed by the leading manufacturers in the UV stabilized films market. This section also covers value chain analysis for the global UV stabilized films market.
Based on product type, the UV stabilized films market is segmented into optical films, adhesive films, conductive films, and other films. The optical films segment is further sub-segmented into retardation films and TAC films. The adhesive films segment is further sub-segmented into diffuser films, anti-reflection films, dicing films, and pressure-sensitive films. The conductive film segment is further sub-segmented into anisotropic and transparent films. In this chapter, readers can find information about key attractive segments during the forecast period.
Based on material type, the UV stabilized films market is segmented into plastic and metal. Plastic segment is further sub-segmented into PET, PVC, PE, and others (PC, PP). The metal segment is further sub-segmented into aluminum and steel. In this chapter, readers can find information about key segments during the forecast period.
This chapter provides details about the UV stabilized films market on the basis of technology. The market has been classified into adhesion lamination and co-extrusion coating/lamination.
This chapter provides details about the UV stabilized films market on the basis of application, and has been classified into printing, lamination, industrial, and packaging. The industrial segment is further sub-segmented as fiber reinforced panels, greenhouse films, and electrical insulation. The packaging segment is further sub-segmented into outdoor labels and wrapping films. Along with this, the market attractiveness analysis is explained for each segment.
This chapter provides details about the UV stabilized films market on the basis of thickness. The market has been classified into up to 20 microns, 20 to 40 microns, 40 to 50 microns, and above 50 microns.
Based on end-use industry, the UV stabilized films market is segmented into non-packaging and packaging. The non-packaging segment is further sub-segmented into building & construction, agriculture, automotive, printing, and electrical & electronics. The packaging segment is further sub-segmented into food, chemicals, and pharmaceuticals. In this chapter, readers can find information about key segments during the forecast period.
This chapter explains how the UV stabilized films market is expected to grow across various geographical regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA).
This chapter includes a detailed analysis of the growth of the North American UV stabilized films market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find some key points on the basis of estimated market size and consumption of UV stabilized films.
Important growth prospects of the UV stabilized films market based on segments in several countries, such as Germany, the UK, France, Spain, Italy, Russia, BENELUX, Nordic, and the Rest of Europe, are included in this chapter.
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America UV stabilized films market. This chapter also includes the growth prospects of the UV stabilized films market in leading LATAM countries such as Brazil, Mexico, Argentina, and the Rest of Latin America.
This chapter highlights the growth of the UV stabilized films market in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding the growth of the UV stabilized films market in the East Asian region.
India, Indonesia, Thailand, and Malaysia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia UV stabilized films market. Readers can find detailed information about the growth parameters of the South Asia UV stabilized films market during forecast the period 2019-2029 in this chapter.
This chapter provides information about how the UV stabilized films market will grow in major countries in the MEA region such as GCC Countries, South Africa, Turkey, Northern Africa, and the rest of MEA, during the forecast period 2019 - 2029.
Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania UV stabilized films market.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the UV stabilized films market along with their market presence analysis by region and product portfolio.
In this chapter, readers will find a comprehensive list of all leading manufacturers in the UV stabilized films market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Uflex Ltd., Mitsubishi Polyester Film, Inc., Toray Plastics (America). Inc., DuPont Teijin Films U.S. Limited, Polyplex Corporation Ltd., Terphane LLC, Toyobo Co., Ltd., Ester Industries Ltd., RKW SE, Sigma Stretch Film Corp., Coveme Spa, Kolon Industries, Inc., Elif Plastik Amb.San.Tic.A.?, Group Michiels Advanced Materials, Walco Corporation, Vampire Optical Coatings, Inc., Custom Extrusion Technologies, Inc., Arid Agritec Ltd, FVG Folien-Vertriebs GmbH, and Kangde Xin Composite Material Group Co., Ltd. (KDX).
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the UV stabilized films report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information about the UV stabilized films market.
How the research was conducted?
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information:
- Key Segments in the UV Stabilized Films Market
- Market Share Analysis
- Average Selling Price (US$) and Market Growth
- Market Size
- Key Trends & Developments
- Competition & Key Vendor Strategies
- Flexible Packaging Association
- Industry Journals
- Plastics Europe
- Annual Reports/SEC Filings/Investor Presentations
- Factiva, Morningstar and Other Databases
Primary Interview Splits