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Growing automobile production across the globe, the consumer electronics industry’s growth, the end-use industry’s increasing demand for substrates, and people’s increasing digital awareness, which will lead them to explore more products such as tablets and smartphones, where film is widely used, are some of the factors that will likely boost the growth of the surface protection films market in the forecast period of 2022-2030. Increasing levels of disposable money among people, as well as the development of upgraded and advanced materials, will, on the other hand, provide numerous chances for the expansion of the surface protection films market throughout the forecast period.

Over the forecast period of 2022-2030, the worldwide surface protection films market is expected to grow at a CAGR of 5.7 percent. Metal and plastic sheets, glass and mirrors, pre-painted surfaces, carpets, and furniture surfaces are all seeing an increase in demand for vibration and dust scratch protection.

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Key Takeaways from Surface Protection Films Market Study

Focus of Prominent Manufacturers on Market Consolidation

Leading players in the global surface protection films market are focusing on strengthening their foothold in the landscape by expanding their business footprints. Manufacturers are also enhancing their production capacities through strategic mergers & acquisitions.  For instance,

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Key Segments Of Surface Protection Films Industry Survey

Surface Protection Films Market By Thickness :

Surface Protection Films Market By Technology :

Surface Protection Films Market By Material :

Surface Protection Films Market By Colour :

Surface Protection Films Market By Application :

Surface Protection Films Market By Industry :

Surface Protection Films Market By Region :

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Protective Packaging Market–The protective packaging Market demand remains positive with the market forecast to rise at a CAGR of 4.8% from 2021 – 2031

Garbage Bag Market–High-performance characteristics and excellent tensile strength are anticipated to increase the market share of HDPE garbage bags. This segment accounted for a revenue share of close to 30% in the garbage bag market in Europe in 2016 and is likely to gain more than 100 basis points by 2026.

Micro Perforated Films Packaging Market–Changing lifestyle and urbanization have contributed to an increase in demand for food packaging which has led to the expansion of global micro perforated films packaging market. High growth is expected to continue as favorable reimbursement policies by governments create a conducive environment for micro perforated films uptake.

North America PET Blow Moulder Market–The U.S. accounted for a revenue share of a little more than 70% in the North America PET blow moulder market in 2016 and is expected to gain 110 basis points by 2026. The U.S. is likely to witness a rapid Y-o-Y growth rate of close to 4% over the period of assessment.

Dual Ovenable Lidding Films Market–The dual ovenable lidding films market registered strong growth with worldwide revenues up 5.0% in 2021. A new forecast by Future Market Insights (FMI) estimates that revenue will nearly double between 2021 and 2031, reaching nearly US$ 134.8 Mn in 2031 at a ten-year compound annual growth rate (CAGR) of 5.6%.

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The post Surface Protection Films Market Expectations & Growth Trends Highlighted Until 2030 appeared first on Future Market Insights.

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