High Performance Films Market Size & Share 2016 - 2024
Market Size Share and Industry Analysis Report by Product (Nylon, Polyester, Polycarbonate, Fluoropolymer), Application (Safety & Security Films, Barrier Films, Microporous, Decorative) and End Use (Personal Care Products, Packaging, Electrical & Electronics, Automobiles, Construction), Regional Outlook, Growth Potential, Competitive Market Share & Forecast.
Report ID: GMI715
|
Published Date: August 2016
|
Report Format: PDF
Download Free PDF
Authors:
Kiran Pulidindi, Kunal Ahuja
High Performance Films Market Size
High Performance Films Market size for 2015 was over USD 30 billion and is predicted to grow at over 6% by 2024 owing to the changing consumer preference towards high tensile and durable packaging materials. Its high chemical resistant property with growing demand from end use industries including construction, interior decoration and food and beverage may further complement the industry growth.
Rising demand for lightweight and easy to dispose food and beverage packaging is expected to positively encourage the industry share. Increasing demand for tetra pack products subject to its ease availability in different size and shapes and easy handling may further complement business growth. Increasing demand for coating doors and windows to ensure safety and security will augment the size of high-performance films market.
Polycarbonate, fluoropolymer, polyester and nylon are used to manufacture the films. The prices of these raw material are linked with crude oil index. Political instability in Middle East associated with crude oil index fluctuation may hinder the high-performance films market growth.
High Performance Films Market Analysis
Polyester high performance films market size for 2015 was over USD 20 billion. Rapid urbanization coupled with increasing investment in construction and housing sector will augment industry landscape. In addition, retail chain development in BRIC may positively impact the business. Nylon is predicted to witness growth over 4% by 2024 owing to its increasing demand from automotive, construction and food processing industries.
Polycarbonate high performance films market share is set to cross 500 kilo tons by 2024 owing to its good impact resistance, high glass transition temperature and durability features. It is used in production of construction materials, automotive, aircraft, electronics component and data storage discs such as Blue ray disc, DVD, CDs.
Barrier high performance films market is predicted to witness a considerable growth owing to its oxidation resistance and moisture properties. It finds application in semiconductors and solar cells. Microporous application segment is set to cross 4% by 2024 on account of its water repel, air penetration and moisture properties. Increasing demand for waterproofing materials from domestic construction may propel the business growth in future.
Safety and security applications is anticipated to exceed USD 5 billion by 2024. Increasing spending in construction sector coupled with stringent regulatory standards towards domestic infrastructure development in Middle East and BRICS is expected to positively encourage the business outlook.
Packaging applications were valued at over USD 20 billion in 2015. It finds applications in oxygen scavenging, vacuum packaging, and low oxygen technologies in meat processing industries. High performance films market share demand from electrical and electronics will witness strong growth on account of its low friction coefficient, chemical inertness, dielectric and low moisture absorption properties. It finds applications in cable insulation, microphone and photovoltaic. The global revenue generated from construction is predicted to reach over USD 3 billion by 2024.
North America is expected to exceed USD 16 billion by 2024 owing to expansion of food and beverage facilities. Increasing demand for barrier films from semiconductor and solar cell manufacturing industries subject to its moisture resistant property may propel the growth of high-performance films market.
Asia Pacific high performance films market size for 2015 was valued above USD 9 billion. Rising automobile production primarily in China and India coupled with availability of cheap skilled labour and low manufacturing cost is expected to augment the industry landscape.
High Performance Films Market Share
Key players in high performance films industry include
Companies may undergo strategic collaborations or partnership with third party vendors such as, wholesalers and vendors. In 2012, Eastman Chemical Company collaborated with Solutia with the aim to expand its geographical presence.
Industry Background
Nylon films are primarily used for packaging, automotive, personal care and electronics industries. High Nylon cost over other polymers such as, polycarbonate and polyester may hamper the business growth in future. Excellent stiff resistance and high durability property of polyester films makes it favourable for packaging industry. Moreover, It is widely used in electronics, construction and food packaging industry owing to its easily printable features. Increasing demand for fluoropolymer films from aerospace industry owing to its high mechanical toughness, excellent thermal and corrosion resistance properties.
High performance films market report includes in-depth coverage of the industry with estimates & forecast in terms of volume and revenue in Kilo Tons and USD Million from 2013 to 2024, for the following segments:
Click here to Buy Section of this Report
By Product
By Application
By End Use
The above information is provided on a regional and country basis for the following:
By Region
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →