Overview of the global vapor permeability films market
Research analysis on the global vapor permeability films market identifies that the rising industrial applications will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of more than 8% by 2021. The global vapor permeability films market is growing due to the increasing industrial applications of these films. For instance, in food packaging applications, these films are used to protect perishables from spoilage by controlling the level of oxygen. Moreover, the vapor permeable films have shown a wide range of applications in the hygiene industry. They are used for the back sheet of baby diapers. These back sheets are used for the manufacturing of outer layer of the diapers. With the increasing usage of vapor permeable films for diapers and various other industries, the global vapor permeability films market is also growing.
The rising demand for stretch and shrink films is one of the latest trends that will gain traction in the vapor permeability films market. A stretch film is basically used to wrap around loads of products, while a shrink film is covered loosely around the product and shrinks after heat is applied to it. These are primarily made of polyethylene and polyolefin plastics. The vapor permeable films are a type of stretch and shrink films, which help in vapor transmission due to their microporous structure. The growing stretch and shrink films market will help the growth of the global vapor permeability films market in the forthcoming years.
Competitive landscape and key vendors
The competition in the vapor permeability films market is intense as vendors are expanding their reach in numerous regions. One of the key vendors, Clopay plastic products company manufactures films and laminated products for many markets such as healthcare, hygiene, industrial protective apparel, and building and construction markets. The company operates globally with strategic locations in the US, Brazil, Germany, and China.
The leading vendors in the market are -
- Clopay Plastic Products Company
- Mitsui Chemicals
- RKW Group
- Toray Industries
The other prominent vendors in the market are American Polyfilm, Arkema Group, Celanese, Covestro, Fatra, Innovia Films, Nitto Denko Corporation, Skymark, and Trioplast.
Segmentation by material and analysis of the vapor permeability films market
- Polyester
- Polyethylene
- polypropylene
During 2016, the polyester material segment accounted for the major shares of the vapor permeability films market. Factors such as the expanding product portfolio by the vendors and increased focus of the companies to widen their reach will contribute to the growth of this industry segment in the coming years.
Geographical segmentation and analysis of the vapor permeability films market
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the vapor permeability films market throughout the forecast period. The increasing consumption of polymers and increased focus of the vapor permeability film companies on developing countries such as India will drive the growth of the market in APAC.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global vapor permeability films market?
- What are the key market trends impacting the growth of the global vapor permeability films market?
- What are the challenges to market growth?
- Who are the key vendors in the global vapor permeability films market?
- What are the market opportunities and threats faced by the vendors in the global vapor permeability films market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global vapor permeability films market?
Technavio also offers customization on reports based on specific client requirement.
This upcoming research report on the global vapor permeability films market offers insights into the trends and drivers influencing the growth of the transportation and logistics industry. Our reports for the transportation and logistics industry also follow an extensive research method and presents an analysis of the fast-growing market segments like the packaging.
To precisely predict the industry's future prospects, our market research analysts follow a corroborative approach of primary and secondary research methods. This approach largely constitutes of numerous webinar sessions coupled with an extensive study of industry journals and publications. Also, by taking into account the highly volatile market scenario, surging demand for multiple segments in the packaging sector, the market analysts at Technavio present an all-inclusive picture of the vapor permeability films market for 2017 to 2021.
This forthcoming market research report on the vapor permeability films market also covers vendors like RKW Group, Clopay Plastic Products Company, and Mitsui Chemicals Incorporation. This market research report also presents a detailed analysis of several services and products based on the insights from the information gathered from specific resources such as channel partners and market stakeholders.
The upcoming industry research report for vapor permeability films market also categorizes the major drivers, key trends, along with the restraints that the packaging sector currently experiences. This upcoming report on the vapor permeability films market presents insights into the rapidly changing vendor landscape to give clients a complete picture of the forthcoming events within the transportation and logistics industry. Technavio also presents in-depth market assessments into the sectors such as logistics and tags and labels.
Our market research methodology for the vapor permeability films market
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