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Self-Adhesives Protective Films Market

Self-Adhesives Protective Films Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030

Self-Adhesives Protective Films Market Introduction;

  • Self-adhesive protective film is made of polyethylene or polypropylene. It is used as paper in the manufacturing process of optical films for liquid crystals and as a surface protection film for other plastic plates.
  • The top layer of self-adhesive protection film is tough and resistant, while silicone layers and adhesive coatings are thin, with low thickness variation. It is able to remove dirt and scratches without traces on the protected substrate such as high quality display glass or automotive parts. Self-adhesive protection films are commonly used protective films due to their greater compatibility with different substrates such as glass, metals, and plastics. Moreover, they are easier to manufacture, as compared to other protective films.
  • In terms of application, the global self-adhesives surface protection film market can be segmented into automotive, stainless steel, glass, plastics, and others. The automotive segment is estimated to expand at a rapid pace during the forecast period owing to rapid expansion of the automotive industry in developing and developed countries. In terms of type, the global self-adhesives surface protection film market can be segregated into polyethylene and polypropylene. The polyethylene segment is projected to expand at a rapid pace during forecast period. Many self-adhesive manufactures are using polyethylene polymer material, as it is easily available at low cost, which in turn is expected to augment the market.

Key Drivers of Self-Adhesives Protective Films Market

  • Rapid expansion of the building & construction industry, due to rapid urbanisation in numerous developing countries, is projected to augment the global self-adhesives protective films market. Expansion of the building & construction industry is also estimated to boost the production of self-adhesive protective films, as they are utilized for high-pressure laminate protection, building site protection, floor and carpet protection, and window security films.
  • Demand for self-adhesive protective film is increasing from various end-use industries such as automotive, electronics, plastic, and steel. Demand for self-adhesives protective films is increasing from these industries, as manufacturers are more conscious about protecting their products from dirt, scratches, and chemicals, and making them more durable. Additionally, these end-use industries also use self-adhesive protective films to protect their products from damage caused by UV rays, abrasion, and weathering.

Self-Adhesives Protective Films Market Restraints

  • High cost of raw materials is projected to hamper the global self-adhesives protective films market. Raw materials such as polyethylene, polypropylene and PET Silicone film are used in the preparation of self-adhesives protective films. Prices of these raw materials are considerably high, which in turn fuels the overall production cost of self-adhesives protective films and consequently, hampers the market.
  • Stringent environmental regulations and difficulty in recycling of polymer plastics are likely to hamper the self-adhesive protective films market. Stringent environment regulatory measures have been enacted on the usage of self-adhesives protective films due to a rise in environmental concerns across the globe. This is expected to restrain the market in the near future.

COVID-19 impact on Self-Adhesives Protective Films Market

  • Key players operating in self-adhesive protective films market are primarily tier I and tier II manufacturers and suppliers. Manufacture and supply chain facilities of these manufacturers are spread across various countries in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Several players have halted their production output for the last few months due to the COVID-19 pandemic. The pandemic has negatively impacted the supply chain of self-adhesive protective films market. Thus, demand for self-adhesive protective films is expected to decline in 2020.
  • The coronavirus pandemic has adversely affected the manufacturing activities of end-use industries of the self-adhesive protective films market. Various governments across the globe are undertaking lockdown measures to curb the spread of the pandemic. Industrial activities have come to a halt, while manufacturing facilities have shut down. These measures take a significant toll on almost all industrial sectors, as factories are facing supply chain breakdowns and labor shortages.

Asia Pacific to Hold Major Share of Self-Adhesives Protective Films Market

  • In terms of region, the global self-adhesive protective films market can be split into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America
  • Asia Pacific is projected to hold a major share of the global market, in terms of consumption, during the forecast period. Rise in demand for self-adhesive protective films in various end-user industries, such as building & construction, automotive, steel, electronics, glass, and plastics, is expected to further boost the market in the near future.
  • Rapid expansion of the automotive industry in China, India, Japan, and South Korea is expected to offer lucrative opportunities for self-adhesive protective films market in these countries during the forecast period
  • North America is also projected to account for a notable share of the global self-adhesive protective films market during the forecast period. Increase in renovation & reconstruction activities of old buildings and presence of major automotive players in the U.S. and Canada is expected to augment the demand for self-adhesive protective films in the near future.
  • Expansion of the building & construction industry, due to rapid urbanization, and an increase in the production of automotive and electronics goods in Middle East Asia & Africa are projected to augment the self-adhesive protective films market in the region during forecast period

Prominent Players operating in Self-Adhesives Protective Films Market

Major players operating in the global self-adhesives protective films market are adopting various organic and inorganic growth strategies, such as joint ventures, mergers & acquisitions, expansion, collaborations, new product launches, strategic alliances, and research and development, to increase their regional presence and business operations. Key players operating in the market include;

  • Toray
  • Adhetec
  • Surface Armor
  • POLIFILM
  • MT TAPES
  • Indigo
  • Carpet Shield

Self-Adhesives Protective Films Market Research Scope

Self-Adhesives Protective Films Market by Type

  • PP
  • PE

Self-Adhesives Protective Films Market by Applications

  • Automotive
  • Stainless Steel
  • Electronics
  • Glass
  • Building & Construction
  • Plastics
  • Others
Self-Adhesives Protective Films Market

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