Global Market Study on Thermoplastic Films: Digital and Custom Printed Decorative Films Trending the Global Market


Thermoplastic Films  Market
  • Published On : Jan-2019 |
  • Pages : 381 Pages |
  • Format :

Persistence Market Research (PMR) analyses the thermoplastic films market in its new publication titled “Thermoplastic Films Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026”. The Thermoplastic Films market study considers 2017 as the base year with market values estimated for 2018 and a forecast developed for the duration of 2019 to 2026. The main objective of the report is to identify the dynamics of the market and illustrate recent updates and insights that may impact the different segments of the global thermoplastic films market. The growth in the market is represented by CAGR for the forecast period 2018 to 2026. This thermoplastic films market study includes various viewpoints of the global market, including value chain, market dynamics, macro-economic factors, competition analysis, pricing analysis, segmental and regional growth comparison and thermoplastic films industry growth analysis, along with segment-level projections in an inclusive representation. According to PMR’s research, the global thermoplastic films market is anticipated to witness significant growth at a CAGR of 6.0% during the forecast period. The growth of the construction industry as well as rising automotive sales are some of the factors driving the growth of thermoplastic films in the global market.

PMR’s report on the thermoplastic films market analyses the market at a regional and global level through market segmentation based on key parameters such as material type, application, end use, function, installation and region.

A decorative film is a thin laminate film, having a clear or coloured pattern, which can be applied on the exterior or interior surfaces of substrate materials. These films are produced from thermoplastic materials such as PVC, PET and Polypropylene through processes such as calendaring and extrusion. Thermoplastic films are used for glass as well as wooden substrates, including for windows, doors and furniture. They also find applications on other substrates.

The thermoplastic films market report is organised to enable the reader to obtain detailed knowledge about the global thermoplastic films market. The global thermoplastic films market report starts with market introduction, definitions and taxonomy, followed by the market view point, market dynamics and market analysis by key segments, regional analysis and competition landscape. Individual sections covered in the report include a qualitative as well as quantitative assessment based on several facts, historical as well as ongoing trends gaining momentum in the global thermoplastic films market. The key highlight of the report is considered to be the in-depth primary survey conducted across the globe. The survey focuses on the qualitative as well as cross-sectional information in the thermoplastic films market.

Thermoplastic Films Market: Segmentation

The global thermoplastic films market has been segmented on the basis material type, application, end use, function, installation and region.

On the basis of material type, the global thermoplastic films market has been segmented into:

  • Vinyl and Polyvinyl Chloride
  • PET
  • Polypropylene
  • TPU
  • TPO
  • TPE

On the basis of application, the global thermoplastic films market has been segmented into:

  • Furniture
    • Furniture Fronts
    • Cabinets & Frames
    • Tables
    • Ceiling Applications
    • Decorative Self Adhesive Applications
  • Doors & Windows
  • Automotive Interior and Exterior

On the basis of end use, the global thermoplastic films market has been segmented into:

  • Residential
  • Commercial
    • Indoor
    • Outdoor
  • Transportation
  • Institutional

On the basis of function, the global thermoplastic films market has been segmented into:

  • 2D Lamination
  • 3D Lamination
  • Self-Adhesive Films

On the basis of installation, the global thermoplastic films market has been segmented into:

  • New Installation
  • Re-Decoration

On the basis of region, the global thermoplastic films market has been segmented into:

  • North America
  • Latin America
  • APEJC (Asia Pacific Excluding Japan and China)
  • Western Europe
  • Eastern Europe
  • MEA
  • Japan
  • China

The global thermoplastic films market report starts with an overview of the market, providing a summarized view of the report, and provides market definitions & taxonomy. In the subsequent section, the report defines the market view point, which includes primary survey, macroeconomic factors, forecast factors, value chain and various other qualitative data regarding the market. The section that follows includes market dynamics, such as drivers, trends, restraints, and opportunities, impacting the global thermoplastic films market during the forecast period

Following sections of the report provide global market value (US$ Mn) and volume (Mn Sq. mtr.) projections on the basis of the aforementioned segments. The global market values represented in these section have been derived by gathering information and data at a country as well as regional level. The next section of the report represents a concise view of the global thermoplastic films market based on eight prominent regions considered in the study. The section includes regional market position, growth potential and market attractiveness analysis for each of these regions.

In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the global thermoplastic films market is expected to develop in the future. Given the characteristics of the global thermoplastic films market, we triangulated the outcome of three different types of analysis, based on primary research, secondary research and our own analysis. However, forecasting the market in terms of various thermoplastic films segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the completion of the forecast exercise.

Thermoplastic Films Market: Competition Landscape

In the final section of the report, we have provided the global thermoplastic films market structure and a detailed competition landscape with company market share and performance to provide a dashboard view of key players operating in the global thermoplastic films market along with their business strategies to report audiences. This section includes market share analysis and tier structure analysis of the key manufacturers in the global thermoplastic films market. Detailed profiles of the providers have also been included under the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the thermoplastic films market. Examples of some of the key competitors covered under the Thermoplastic Films report include OMNOVA Solutions, Inc., ERGIS Group, , Jindal Poly Films Ltd, Klöckner Pentaplast, Jindal Poly Films Ltd, Covestro AG, LyondellBasell Industries Holdings N.V., Konrad Hornschuch AG, Fine Decor GmbH, Alfatherm s.p.a, C.I. TAKIRON Corporation, Schweitzer-Mauduit International, Inc. (SWM), Folienwerk Wolfen GmbH, Mondoplastico S.p.A., RENOLIT, Hanwha L&C, RTP Company, Inc., AVI Global Plast Pvt. Ltd., Macro Plastic Sdn. Bhd., Peiyu Plastics Corporation, and Amcor International, LG Hausys, Ltd and Avery Dennison Corporation.

The Thermoplastic Films market report offers comprehensive information about market dynamics, market trends, value (US$ Mn) and volume (Million Sq. Mtr.) projections, competition and recent developments in the global Thermoplastic Films market for the study period 2013 to 2026.

The global Thermoplastic Films market is projected to grow at a CAGR of 6.0%, in terms of value, during the forecast period (2018-2026). Growing construction market and increasing spending on furniture, physical Properties that protect substrate and elongate product life are some of the factors driving the global thermoplastic films market.

TPU thermoplastic films are used in racing cars to make them attractive and scratch resistant

On the basis of material type, the Thermoplastic Films market can be categorized into the following segments: Vinyl and Polyvinyl Chloride, PET (poly ethylene terephthalate), Polypropylene, TPU (Thermoplastic polyurethane), TPO (Thermoplastic olefin) and TPE (Thermoplastic elastomer). The Polypropylene segment is projected to grow at a significant growth rate owing to its attractive & beneficial properties, such as cost effectiveness and the fact that polypropylene can be used in a wide range of temperatures. Furthermore, the Vinyl and Polyvinyl Chloride segment is expected to dominate throughout the forecast period owing to its low cost and good texture & color representation and thus, it is used in furniture & interior, doors & windows and packaging applications. TPU (Thermoplastic polyurethane) is the generally preferred material for all types of end users. Moreover, TPU is also growing at a considerable growth rate in the global thermoplastic films market owing its beneficial physical properties, such as UV resistance, chemical resistance and oil resistance. TPU thermoplastic films can also be used in automotive vehicles.

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Furniture segment is projected to occupy significant value share in the global thermoplastic films market

By application, the global thermoplastic market can be categorized into furniture, doors & windows and automotive interior & exterior. Furniture and door & windows segments are projected to account for relatively close value shares in the global thermoplastic films market owing to the growing installation of thermoplastic films in kitchen furniture, bathroom and home doors and windows. In addition, the furniture segment is further categorized into furniture fronts, cabinets & frames, tables, ceiling applications and decorative self-adhesives. Among these sub-segments, the Cabinets & Frames segment is expected to dominate the global thermoplastic films market owing to rising demand for decorative thermoplastic films for the manufacturing of kitchen furniture during the forecast period.    

Moreover, the Automotive Interior & Exterior segment is also projected to grow at moderate growth rate during the forecast period. However, this segment is anticipated to create incremental $ opportunity worth ~US$ 641.5 Mn during the forecast period owing to the growing use of thermoplastic films on the exteriors of commercial vehicles and racing cars to make vehicles attractive and also make them scratch resistant.

Commercial segment is expected to register significant business opportunities in the global thermoplastic films market

By end user, the global thermoplastic films market can be segmented into residential, commercial, transportation, and institutional. Commercial segment is projected to dominate in the global thermoplastic films market owing to increasing installation of thermoplastic films mainly for outdoor & indoor purpose. Transportation segment is expected to grow with 5.7% compound annual growth rate (CAGR) owing to increasing installation of thermoplastic films in automotive interiors such as vehicle’s dashboard and roof for decorative and make chemical & oil resistant purpose. Furthermore, institutional segment is pegged to capture ~18.2% value share by the end of 2026.   

Self-adhesive films segment is projected to create noteworthy business opportunities, led by trends such as do-it-yourself redecoration of interiors

In 2018, 2D Lamination is expected to dominate while 3D lamination segment is projected to dominate by the end of 2026 and is projected to account for 3.8X the value share of Self-Adhesive Films segment by the end of 2026. In terms of annual growth rate, 3D laminate segment is expected to grow at significant pace as compared to 2D lamination & Self-Adhesive Films over the stipulated time period. Furthermore, Self-Adhesive Films segment is projected to create absolute $ opportunity worth US$ 547.1 Mn in the global thermoplastic films market over the forecast period.

Re-decoration segment is projected to gain significant momentum in developed countries

By installation, the global thermoplastic films market can be segmented into New and Re-decoration segment. The New segment is projected to dominate in the global thermoplastic films market owing to rising demand for anti-scratch and chemical resistant films, mainly in developed countries. However, the Re-decoration segment is also expected to grow at addressable CAGR during the forecast period owing to new installation of thermoplastic films in developing countries i.e., APEJC and MEA regions, where they are being used to make attractive furniture, doors and windows. 

Increasing furniture production in China is expected to boost demand for thermoplastic films

China is expected to dominate in the global thermoplastic films market and is expected to account for 39% share in world’s furniture production in 2018, which in turn, is expected to give a push to the demand for thermoplastic films in the coming years. North America & Western Europe are pegged to be second and third largest markets for the global thermoplastic films owing to rising installation of energy efficient thermoplastic films. APEJC is projected to grow at noteworthy CAGR in the global thermoplastic films market owing to the growing construction sector and rising awareness about UV and chemical resistant thermoplastic films in the region.

Japan is projected to grow at moderate growth rate in the global thermoplastic films market as Japan’s residential construction sector is growing at a sluggish growth rate and partially also due to limited new entrants in the thermoplastic films market.    

Thermoplastic Films Market – Competitive Landscape

The global thermoplastic films market is highly fragmented. Thereby, tier-3 players are expected to account for 50%-60% share in the global thermoplastic films market. Tier-1 players are projected to generate absolute $ opportunity worth more than US$ 50 Mn through the selling of thermoplastic films for a wide category of end-users, such as residential, commercial, transportation and institutional.

Acquisition, expansion and product launches are some of the preferred strategies adopted by players to maintain and gain market share in the global Thermoplastic Films market. Some of the key developments witnessed in the Thermoplastic Films market have been listed below:

  • In September 2018, LyondellBasell Industries Holdings N.V. started a joint venture with Covestro, under which the companies initiated a large investment project at their site in Maasvlakte, Netherlands
  • In 2018, Avery Dennison Corporation launched new products: SPF-XI Supreme Protection Films and a new lineup of Reflective Films for automotive cars, which can protect body paint from unsightly damage
  • In January 2017, Schweitzer-Mauduit International, Inc. (SWM) acquired Conwed Plastics LLC, a producer of specialty resin-based nettings. The aim of this trade pact was to expand business among industrial end users

Some of the prominent players covered in this study on the global Thermoplastic Films market are OMNOVA Solutions, Inc., ERGIS Group, , Jindal Poly Films Ltd, Klöckner Pentaplast, Jindal Poly Films Ltd, Covestro AG, LyondellBasell Industries Holdings N.V., Konrad Hornschuch AG, Fine Decor GmbH, Alfatherm s.p.a, C.I. TAKIRON Corporation, Schweitzer-Mauduit International, Inc. (SWM), Folienwerk Wolfen GmbH, Mondoplastico S.p.A., RENOLIT, Hanwha L&C, RTP Company, Inc., AVI Global Plast Pvt. Ltd., Macro Plastic Sdn. Bhd., Peiyu Plastics Corporation, and Amcor International, LG Hausys, Ltd and Avery Dennison Corporation.

Key Questions Answered in the Global Thermoplastic Films Market Report

  • How has the Thermoplastic Films market evolved over the past four years?
  • What shape is the Thermoplastic Films market expected to take in terms of volume and value during the study period?
  • What are some of the prevailing market dynamics in the Thermoplastic Films market?
  • What are the competition developments and trends in the Thermoplastic Films market?
  • What are some of the underlying macro-economic and industry factors impacting the growth of the Thermoplastic Films market?
  • What are the important key challenges, opportunities and improvement factors for Thermoplastic Films market players?
  • What are the important market positioning and key strategies of key manufacturers as per the Thermoplastic Films market taxonomy?
  • How is the competition structured at present and how has it evolved in the Thermoplastic Films market over the past few years?

Company Profiles

  • LG Hausys, Ltd
  • Renolit
  • Konrad Hornschuch AG
  • Fine Decor GmbH
  • ALFATHERM SpA
  • Hanwha L&C
  • C.I. Kasei Co. (Bonlex)
  • Klockner Pentaplast Group
  • Omnova Solutions
  • Avery Denisson
  • Peiyu Plastic Corporation
  • Mondoplastico S.p.A
  • AVI Global Plast Pvt. Ltd
  • Ergis Group
  • Macro Plastic Sdn. Bhd
  • Jindal Group
  • Foleinwerk Wolfen GmbH
  • Amcor International
  • RTP Company (Wiman Corporation)
  • Schweitzer-Mauduit International
  • PROTECHNIC SA
  • Covestro AG
  • Nihon Matai Group
  • Victrex plc
  • LyondellBasell Industries NV
  • Others.
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