Global Poly-vents Market: Overview
Poly-vents are the membrane made up of polymeric material which can be polypropylene with reinforced perforated glass fiber or ePTFE (Polytetrafluoroethylene). Materials used for poly-vents should provide the continuous flow of air and stabilize the pressure inside the product. Poly-vents improves reliability and longevity of the electrical components such as control units, sensors, actuators, and motors. Poly-vents also prevents electronic materials by blocking entry of contaminants such as dirt, water, mud, salts, and other automotive fluids. The poly-vents market is estimated to witness moderate growth during the forecast period as the demand for protection in the packaging is increasing. Poly-vents manages the internal pressure in different types of enclosures to increase reliability, prevent deformation and other issues that can cause component failure. Poly-vents prevents any container from serious consequences such as ruined labels, leaks, collapsed containers, misaligned pallets among others. The poly-vents market is estimated to witness expansion in the near future due to productivity enhancements provided to the enclosures.
Global Poly-vents Market: Dynamics
Change in temperature can cause a pressure change, which ultimately increasing the sealing stress, resulting in container deformations. These change in parameters are the driving factors for the poly-vents market. The demand for poly-vents is increasing, as along with the venting, they also provide filtration in the variety of applications. Innovations in the enclosures which does not require venting to be done can hamper poly-vents market growth. Poly-vents allow containers and enclosures to breathe and reduces the condensation by providing filtering out contaminants and other liquids. Poly-vents prevents the leakage of dangerous and hazardous fluids, also balances the airflow even after contact with highly viscous liquids. Poly-vents minimizes risk in packaging, which requires protection against change in temperature and pressure. The poly-vents market is anticipated to witness significant expansion in the upcoming years, as per its wide range of applications. Companies also custom manufactures electronic poly-vents for memory storage devices, power supplies, and cabinet housings. The poly-vents market is experiencing noticeable growth during the forecast period due to the need for increment in preventions regarding deformations of containers.
Global Poly-vents Market: Segmentation
On the basis of material type, the global Poly-vents market has been segmented as
- Polytetrafluoroethylene (ePTFE)
On the basis of end use, the global Poly-vents market has been segmented as
- Chemicals & Cleaners
- Electric motors
- ABS Brakes
- Suction Canisters
- Medical & Surgical Instruments
- Electronics & Electricals
- Food & Beverages
Global Poly-vents Market: Key Players
- Polyglass S.p.A
- L. Gore & Associates, Inc.
- Interstate Specialty Products
- Porex Corporation
Global Poly-vents Market: Regional Outlook
Regulations imposed by FDA on food grade material usage and other regulations are resulting in less usage of poly-vents in food applications. The poly-vents market is anticipated to have moderate growth in the North American region. The poly-vents market is expected to have a significant increase during the forecast period, as the flexible packaging industry in India & China is fast-growing, along with the need for protective packaging solutions. The Latin American poly-vents market is estimated to expand with higher growth rate than other regions, as in Brazil, plastic packaging represents approximately 35% of share, and further growing. The global poly-vents market is expected to expand its footprint in terms of revenue, volume and growth rate in the upcoming years.
Global Poly-vents Market: Key Developments
- L. Gore & Associates, Inc. is offering new packaging vent named GORE Foam Liner in high-roll off series. Company is focusing on providing packaging protection for different applications in automotive, agriculture, and healthcare among others.
- Manufacturers in the global poly-vents market are expanding their product portfolio by innovating and providing different types of packaging material
- Porex Corporation is providing wide range of poly-vents for caps and closures. Also, company focuses on producing high quality products along-with testing and designing.
On the basis of region, global poly-vents market has been segmented as
- North America
- Latin America
- Eastern Europe
- Western Europe
- The Asia Pacific excluding Japan
- The Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with poly-vents market attractiveness as per segments. The report also maps the qualitative impact of various market factors on poly-vents market segments and geographies.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.